Aggregate Characteristics. The Receivables had the following characteristics in the aggregate as of the Cutoff Date: (a) approximately 33.29% of the Original Pool Balance was attributable to loans for purchases of new Financed Vehicles, and approximately 66.71% of the Original Pool Balance was attributable to loans for purchases of used Financed Vehicles; (b) approximately 62.34% of the Original Pool Balance was attributable to Receivables the mailing addresses of the Obligors with respect to which are located in the States of Utah and Idaho; (c) the weighted average Contract Rate of the Receivables was 10.009%; (d) approximately 93.69% of the Original Pool Balance was attributable to Receivables originated by the Seller; (e) approximately 93.69% of the Original Pool Balance was attributable to Receivables that are Dealer Loans; and (f) approximately 1.07% of the Original Pool Balance was attributable to Receivables that are subject to a repurchase obligation by the originating Dealer upon default and repossession.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (First Security Bank Na)
Aggregate Characteristics. The Receivables had the following characteristics in the aggregate as of the Cutoff Date: (a) approximately 33.2940.25% of the Original Pool Balance was attributable to loans for purchases of new Financed Vehicles, and approximately 66.7159.75% of the Original Pool Balance was attributable to loans for purchases of used Financed Vehicles; (b) approximately 62.3462.75% of the Original Pool Balance was attributable to Receivables the mailing addresses of the Obligors with respect to which are located in the States of Utah and Idaho; (c) the weighted average Contract Rate of the Receivables was 10.009%; (d) approximately 93.69% of the Original Pool Balance was attributable to Receivables originated by the Seller; (e) approximately 93.69% of the Original Pool Balance was attributable to Receivables that are Dealer Loans; and (f) approximately 1.07.95% of the Original Pool Balance was attributable to Receivables that are subject to a repurchase obligation by the originating Dealer upon default and repossession.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (First Security Corp /Ut/)