Common use of Characteristics Clause in Contracts

Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 26, 2018. Approximately 66.35% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 33.65% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 99.41% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.05% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Buell and approximately 0.53% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-2), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2011-2)

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Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 2625, 20182017. Approximately 66.3568.35% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 33.6531.65% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 99.4198.91% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.050.43% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Buell and approximately 0.530.67% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2010-1), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2010-1), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2010-1)

Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 26July 14, 2018. Approximately 66.3565.08% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 33.6534.92% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 99.4199.25% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.050.21% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Buell and approximately 0.530.54% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-1), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-1), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2011-1)

Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 26, 2018June 2016. Approximately 66.3575.82% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 33.6524.18% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 99.4198.01% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.05% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Davidson or Buell and approximately 0.531.99% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Harley Davidson Customer Funding Corp), Transfer and Sale Agreement (Harley Davidson Customer Funding Corp)

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Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 26July 30, 20182016. Approximately 66.3573.65% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 33.6526.35% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 99.4197.33% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.05% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Davidson or Buell and approximately 0.532.67% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2009-2), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2009-2)

Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 26November 15, 20182016. Approximately 66.3577.69% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 33.6522.31% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 99.4198.80% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.050.72% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Buell and approximately 0.530.48% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2009-4), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2009-4)

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