Common use of Characteristics Clause in Contracts

Characteristics. The Contracts have the following characteristics as of the Cutoff Date: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining term to maturity of more than 82 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25, 2026. Approximately 69.27% of the Pool Balance as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 30.73% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. No Contract has a Contract Rate less than 0.990% or greater than or equal to 11.000%.

Appears in 2 contracts

Samples: Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2020-A), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2020-A)

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Characteristics. The Contracts have the following characteristics as of the Cutoff Date: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining term to maturity of more than 82 83 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September November 25, 20262029. Approximately 69.2761.32% of the Pool Balance as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 30.7338.68% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. No Contract has a Contract Rate less than 0.9900.010% or greater than or equal to 11.000%.

Appears in 2 contracts

Samples: Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2023-A), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2023-A)

Characteristics. The Contracts have the following characteristics as of the Cutoff Date: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining term to maturity of more than 82 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25December 24, 20262027. Approximately 69.2768.67% of the Pool Balance as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 30.7331.33% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. No Contract has a Contract Rate less than 0.990% or greater than or equal to 11.000%.

Appears in 2 contracts

Samples: Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2021-A), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2021-A)

Characteristics. The Contracts have the following characteristics as of the Cutoff Date: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining term to maturity of more than 82 83 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25March 18, 20262029. Approximately 69.2764.00% of the Pool Balance as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 30.7336.00% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. No Contract has a Contract Rate less than 0.9900.010% or greater than or equal to 11.000%.

Appears in 2 contracts

Samples: Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2022-A), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2022-A)

Characteristics. The Contracts have the following characteristics as of the Cutoff Date: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining term to maturity of more than 82 83 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25July 19, 20262028. Approximately 69.2773.94% of the Pool Balance as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 30.7326.06% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. No Contract has a Contract Rate less than 0.990% or greater than or equal to 11.000%.

Appears in 2 contracts

Samples: Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2021-B), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2021-B)

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Characteristics. The Contracts have the following characteristics as of the Cutoff Date: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining term to maturity of more than 82 83 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25July 27, 20262030. Approximately 69.2763.90% of the Pool Balance as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 30.7336.10% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. No Contract has a Contract Rate less than 0.990% or greater than or equal to 11.0000.010%.

Appears in 2 contracts

Samples: Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2023-B), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2023-B)

Characteristics. The Contracts have the following characteristics as of the Cutoff Date: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining term to maturity of more than 82 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25May 10, 20262031. Approximately 69.2770.47% of the Pool Balance as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 30.7329.53% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. No Contract has a Contract Rate less than 0.990% or greater than or equal to 11.0000.010%.

Appears in 2 contracts

Samples: Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2024-A), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2024-A)

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