Common use of Term to Maturity Clause in Contracts

Term to Maturity. Each Contract had an original term to maturity of not more than 66 months; provided, however that as of the Prefunding Account Ending Date, no more than 19% of the Pool Balance shall represent Contracts with an original term to maturity greater than 60 months and less than or equal to 66 months.

Term to Maturity. Each Contract had an original term to maturity of not more than 66 72 months; provided, however however, that as of the Prefunding Account Ending Date, no more than 1930% of the Pool Balance shall represent Contracts with an original term to maturity greater than 60 66 months and less than or equal to 72 months and provided further that any Contracts acquired in the Prefunding Period with an original term to maturity greater than 66 monthsmonths and less than or equal to 72 months were either originated via the Seller’s direct origination program or relate to vehicles that were no more than one model year old as of the date of origination of the related Contract.