Common use of Aggregate Characteristics Clause in Contracts

Aggregate Characteristics. The Receivables had the following characteristics in the aggregate as of the Cutoff Date: (a) approximately ____% of the Original Pool Balance was attributable to loans for purchases of new Financed Vehicles, and approximately _____% of the Original Pool Balance was attributable to loans for purchases of used Financed Vehicles; (b) approximately _____% 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 _____%; (d) approximately _____% of the Original Pool Balance was attributable to Receivables originated by the Seller; (e) approximately _____% of the Original Pool Balance was attributable to Receivables that are Dealer Loans; and (f) approximately _____% 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 _____% of the Original Pool Balance was attributable to loans for purchases of new Financed Vehicles, and approximately _____% of the Original Pool Balance was attributable to loans for purchases of used Financed Vehicles; (b) approximately _____% 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 ______%; (d) approximately _____% of the Original Pool Balance was attributable to Receivables originated by the Seller; (e) approximately _____% of the Original Pool Balance was attributable to Receivables that are Dealer Loans; and (f) approximately _____% 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)