Common use of Original Principal Amount Clause in Contracts

Original Principal Amount. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance prior to January 15, 1997 and which was (A) originated under the original "Zero Down" and the "Reduced Income" programs, was not more than (1) in the case of new Financed Vehicles, the lower of (x) 105% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items and (y) 120% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, the lower of (x) 105% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable items and (y) 120% of such Kelley "Blue Book" retail xxxxx; (B) originated under the "First Time Buyer" program, was not more than (1) in the case of new Financed Vxxxxxxs, 95% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items of up to 15% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, 95% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable items of up 15% of the manufacturer's suggested retaix xxxxe and (C) originated under the "Military Program" was not more than 105% of the manufacturer's suggested retail price or, in the case of used Financed Vehicles, 105% of the Kelley "Blue Book" retail value. Calculations made with respect to the percentages referenced above are rounded to the nearest whole perxxxxxxe point. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance after January 15, 1997 which was (A) originated under the original "Zero Down" program, was not more than (1) in the case of new Financed Vehicles (other than Hyundai automobiles), 100% of the manufacturer's suggested retail price (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles (other than Hyundai automobiles), 100% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service xxxxxxcts; (B) originated under the "Reduced Income" program and with respect to all Hyundai automobiles, was not more than (1) in the case of new Financed Vehicles, 85% of the manufacturer's suggested retail price plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles 85%of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus taxes, title and other fees and premiums for approved service contracts; provided thax, xx any such case, if any such amount is higher than that approved by the Risk Default Insurer, each Receivable will be limited in amount to that permitted by the Risk Default Insurer for coverage under the Risk Default Insurance Policy.

Original Principal Amount. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance prior to January 15, 1997 and which was (A) originated under the original "Zero Down" and the "Reduced Income" programs, was not more than (1) in the case of new Financed Vehicles, the lower of (x) 105% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items and (y) 120% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, the lower of (x) 105% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable items and (y) 120% of such ox xxxx Kelley "Blue Book" retail xxxxxvalue; (B) originated under the "First Time Buyer" program, was not more than (10) in xx the case of new Financed VxxxxxxsVehicles, 95% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items of up to 15% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, 95% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable items of up to 15% of the ox xxx manufacturer's suggested retaix xxxxe retail price and (C) originated under the "Military Program" was not more than 105% of the manufacturer's suggested retail price or, in the case of used Financed Vehicles, 105% of the Kelley "Blue Book" retail value. Calculations made with respect to the percentages referenced above are rounded xxxxxed to the nearest whole perxxxxxxe percentage point. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance after January 15, 1997 which was (A) originated under the original "Zero Down" program, was not more than (1) in the case of new Financed Vehicles (other than Hyundai automobiles), 100% of the manufacturer's suggested retail price (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles (other than Hyundai automobiles), 100% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service xxxxxxcts; (B) originated under the "Reduced Income" program and with respect to all Hyundai automobiles, was not more than (1) in the case of new Financed Vehicles, 85% of the manufacturer's suggested retail price plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles 85%of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus taxes, title and other fees and premiums for approved service contracts; provided thax, xx any such case, if any such amount is higher than that approved by the Risk Default Insurer, each Receivable will be limited in amount to that permitted by the Risk Default Insurer for coverage under the Risk Default Insurance Policy.

Original Principal Amount. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance prior to January 15, 1997 and which was (A) originated under the original "Zero Down" and the "Reduced Income" programs, was not more than (1) in the case of new Financed Vehicles, the lower of (x) 105% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items and (y) 120% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, the lower of (x) 105% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley Xxxxxx "Blue Book" for the appropriate region plus rebatable premiums on cancelable items and (y) 120% of such Kelley Xxxxxx "Blue Book" retail xxxxxvalue; (B) originated under the "First Time Buyer" program, was not more than (1) in the case of new Financed VxxxxxxsVehicles, 95% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items of up to 15% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, 95% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley Xxxxxx "Blue Book" for the appropriate region plus rebatable premiums on cancelable items of up 15% of the manufacturer's suggested retaix xxxxe retail price and (C) originated under the "Military Program" was not more than 105% of the manufacturer's suggested retail price or, in the case of used Financed Vehicles, 105% of the Kelley Xxxxxx "Blue Book" retail value. Calculations made with respect to the percentages referenced above are rounded to the nearest whole perxxxxxxe percentage point. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance after January 15, 1997 which was (A) originated under the original "Zero Down" program, was not more than (1) in the case of new Financed Vehicles (other than Hyundai automobiles), 100% of the manufacturer's suggested retail price (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles (other than Hyundai automobiles), 100% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service xxxxxxcts; (B) originated under the "Reduced Income" program and with respect to all Hyundai automobiles, was not more than (1) in the case of new Financed Vehicles, 85% of the manufacturer's suggested retail price plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles 85%of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus taxes, title and other fees and premiums for approved service contracts; provided thax, xx any such case, if any such amount is higher than that approved by the Risk Default Insurer, each Receivable will be limited in amount to that permitted by the Risk Default Insurer for coverage under the Risk Default Insurance Policy.

Original Principal Amount. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance prior to January 15, 1997 and which was (A) originated under the original "Zero Down" and the "Reduced Income" programs, was not more than (1) in the case of new Financed Vehicles, the lower of (x) 105% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items and (y) 120% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, the lower of (x) 105% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus regixx xxxs rebatable premiums on cancelable items and (y) 120% of such Kelley "Blue Book" retail xxxxxvalue; (B) originated under originxxxx xnder the "First Time Buyer" program, was not more than (1) in the case of new Financed VxxxxxxsVehicles, 95% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items of up to 15% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, 95% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable items of up 15% of the manufacturer's suggested retaix xxxxe retail price and (C) originated under the "Military Program" was not more than 105% of the manufacturer's suggested retail price or, in the case of used Financed Vehicles, 105% of the Kelley "Blue Book" retail value. Calculations made Calculatixxx xxde with respect to the percentages referenced above are rounded to the nearest whole perxxxxxxe percentage point. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance after January 15, 1997 which was (A) originated under the original "Zero Down" program, was not more than (1) in the case of new Financed Vehicles (other than Hyundai automobiles), 100% All of the manufacturer's suggested retail price (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles (other than Hyundai automobiles), 100% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service xxxxxxcts; (B) originated under the "Reduced Income" program and with respect to all Hyundai automobiles, was not more than (1) in the case of new Financed Vehicles, 85% of the manufacturer's suggested retail price plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles 85%of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus taxes, title and other fees and premiums for approved service contracts; provided thax, xx any such case, if any such amount is higher than that approved by the Risk Default Insurer, each Receivable Additional Receivables will be limited originated in amount to that permitted by accordance with the Risk Default Insurer for coverage under the Risk Default Insurance Policyapplicable Underwriting Guidelines.

Original Principal Amount. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance prior to January 15, 1997 and which was (A) originated under the original "Zero Down" and the "Reduced Income" programs, was not more than (1) in the case of new Financed Vehicles, the lower of (x) 105% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items and (y) 120% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, the lower of (x) 105% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus regixx xxxs rebatable premiums on cancelable items and (y) 120% of such Kelley "Blue Book" retail xxxxxvalue; (B) originated under originxxxx xnder the "First Time Buyer" program, was not more than (1) in the case of new Financed VxxxxxxsVehicles, 95% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items of up to 15% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, 95% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable items of up to 15% of the manufacturer's suggested retaix xxxxe retail price and (C) originated under the "Military Program" was not more than 105% of the manufacturer's suggested retail price or, in the case of used Financed Vehicles, 105% of the Kelley "Blue Book" retail value. Calculations made Calculatixxx xxde with respect to the percentages referenced above are rounded to the nearest whole perxxxxxxe percentage point. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance after January 15, 1997 which was (A) originated under the original "Zero Down" program, was not more than (1) in the case of new Financed Vehicles (other than Hyundai automobiles), 100% All of the manufacturer's suggested retail price (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles (other than Hyundai automobiles), 100% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service xxxxxxcts; (B) originated under the "Reduced Income" program and with respect to all Hyundai automobiles, was not more than (1) in the case of new Financed Vehicles, 85% of the manufacturer's suggested retail price plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles 85%of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus taxes, title and other fees and premiums for approved service contracts; provided thax, xx any such case, if any such amount is higher than that approved by the Risk Default Insurer, each Receivable Additional Receivables will be limited originated in amount to that permitted by accordance with the Risk Default Insurer for coverage under the Risk Default Insurance Policyapplicable Underwriting Guidelines.

Original Principal Amount. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance prior to January 15, 1997 and which was (A) originated under the original "Zero Down" and the "Reduced Income" programs, was not more than (1) in the case of new Financed Vehicles, the lower of (x) 105% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items and (y) 120% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, the lower of (x) 105% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable items and (y) 120% of such Kelley "Blue Book" retail xxxxxvalue; (B) originated under the "First Time Buyer" program, was xxx not more than (1) in the case of new Financed VxxxxxxsVehicles, 95% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items of up to 15% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, 95% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable items xxxxx of up 15% of the manufacturer's suggested retaix xxxxe retail price and (C) originated under the "Military Program" was not more than 105% of the manufacturer's suggested retail price or, in the case of used Financed Vehicles, 105% of the Kelley "Blue Book" retail value. Calculations made with respect to the percentages referenced above referencex xxxxe are rounded to the nearest whole perxxxxxxe percentage point. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance after January 15, 1997 which was (A) originated under the original "Zero Down" program, was not more than (1) in the case of new Financed Vehicles (other than Hyundai automobiles), 100% of the manufacturer's suggested retail price (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles (other than Hyundai automobiles), 100% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region (not to exceed $20,000) plus taxes, title and other oxxxx fees and premiums for approved service xxxxxxctscontracts; (B) originated under the "Reduced Income" program and with respect to all Hyundai automobiles, was not more than (1) in the case of new Financed Vehicles, 85% of the manufacturer's suggested retail price plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles 85%of Vehicles, 85% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus taxes, title and other fees and premiums for fxx approved service contracts; provided thaxthat, xx in any such case, if any such amount is higher than that approved by the Risk Default Insurer, each Receivable will be limited in amount to that permitted by the Risk Default Insurer for coverage under the Risk Default Insurance Policy.

Original Principal Amount. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance prior to January 15, 1997 and which was (A) originated under the original "Zero Down" and the "Reduced Income" programs, was not more than (1) in the case of new Financed Vehicles, the lower of (x) 105% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items and (y) 120% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, the lower of (x) 105% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable ox xxxxelable items and (y) 120% of such Kelley "Blue Book" retail xxxxxvalue; (B) originated under the "First Time BuyerBxxxx" program, was not more than (1) in the case of new Financed VxxxxxxsVehicles, 95% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items of up to 15% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, 95% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus rebatable premiums on cancelable ox xxxxelable items of up 15% of the manufacturer's suggested retaix xxxxe retail price and (C) originated under the "Military Program" was not more than 105% of the manufacturer's suggested retail price or, in the case of used Financed Vehicles, 105% of the Kelley "Blue Book" retail value. Calculations made with respect to the percentages xxxxxntages referenced above are rounded to the nearest whole perxxxxxxe percentage point. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance after January 15, 1997 which was (A) originated under the original "Zero Down" program, was not more than (1) in the case of new Financed Vehicles (other than Hyundai automobiles), 100% of the manufacturer's suggested retail price (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles (other than Hyundai automobiles), 100% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region (not to exceed $20,000) plus taxespxxx xxxes, title and other fees and premiums for approved service xxxxxxctscontracts; (B) originated under the "Reduced Income" program and with respect to all Hyundai automobiles, was not more than (1) in the case of new Financed Vehicles, 85% of the manufacturer's suggested retail price plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles 85%of Vehicles, 85% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley "Blue Book" for the appropriate region plus taxes, title and other fees othxx xxxs and premiums for approved service contracts; provided thaxthat, xx in any such case, if any such amount is higher than that approved by the Risk Default Insurer, each Receivable will be limited in amount to that permitted by the Risk Default Insurer for coverage under the Risk Default Insurance Policy.

Original Principal Amount. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance prior to January 15, 1997 and which was (A) originated under the original "Zero Down" and the "Reduced Income" programs, was not more than (1) in the case of new Financed Vehicles, the lower of (x) 105% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items and (y) 120% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, the lower of (x) 105% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley Xxxxxx "Blue Book" for the appropriate region plus rebatable premiums on cancelable items and (y) 120% of such Kelley Xxxxxx "Blue Book" retail xxxxxvalue; (B) originated under the "First Time Buyer" program, was not more than (1) in the case of new Financed VxxxxxxsVehicles, 95% of the manufacturer's suggested retail price plus rebatable premiums on cancelable items of up to 15% of the manufacturer's suggested retail price or (2) in the case of used Financed Vehicles, 95% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley Xxxxxx "Blue Book" for the appropriate region plus rebatable premiums on cancelable items of up 15% of the manufacturer's suggested retaix xxxxe retail price and (C) originated under the "Military Program" was not more than 105% of the manufacturer's suggested retail price or, in the case of used Financed Vehicles, 105% of the Kelley Xxxxxx "Blue Book" retail value. Calculations made with respect to the percentages referenced above are rounded to the nearest whole perxxxxxxe percentage point. The original principal amount of each Receivable with respect to which a credit application was received by Aegis Finance after January 15, 1997 which was (A) originated under the original "Zero Down" program, was not more than (1) in the case of new Financed Vehicles (other than Hyundai automobiles), 100% of the manufacturer's suggested retail price (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles (other than Hyundai automobiles), 100% of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley Xxxxxx "Blue Book" for the appropriate region (not to exceed $20,000) plus taxes, title and other fees and premiums for approved service xxxxxxctscontracts; (B) originated under the "Reduced Income" program and with respect to all Hyundai automobiles, was not more than (1) in the case of new Financed Vehicles, 85% of the manufacturer's suggested retail price plus taxes, title and other fees and premiums for approved service contracts or (2) in the case of used Financed Vehicles 85%of the retail value of the Financed Vehicle at the time of origination of the Receivable as set forth in the Kelley Xxxxxx "Blue Book" for the appropriate region plus taxes, title and other fees and premiums for approved service contracts; provided thaxthat, xx in any such case, if any such amount is higher than that approved by the Risk Default Insurer, each Receivable will be limited in amount to that permitted by the Risk Default Insurer for coverage under the Risk Default Insurance Policy.