Common use of Geographic Clause in Contracts

Geographic. No Receivable was originated in Maryland and no Obligor under a Receivable has a current billing address in Maine. As of the Cut-Off Date 29.87%, 13.49%, 13.08%, 12.21%, 9.35%, 7.15% and 5.73% of the Receivables (based on principal balance and the Obligor's current mailing address in the Servicer's records as of the Cut-Off Date) were located in Ohio, Michigan, Florida, Indiana, Kentucky, West Virginia and Tennessee, respectively, and no other state had a concentration of Receivables greater than or equal to 5.0% of the aggregate Principal Balance of the Receivables as of the Cut-Off Date.

Appears in 1 contract

Sources: Purchase and Servicing Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1)

Geographic. No Receivable was originated in Maryland and no Obligor under a Receivable has a current billing mailing address in Maine. As of the Cut-Off Date 29.87%, 13.49%, 13.08%, 12.21%, 9.35%, 7.15% and 5.73% of the Receivables (based on principal balance and the Obligor's current mailing address in the Servicer's records as of the Cut-Off Date) were located in Ohio, Michigan, Florida, Indiana, Kentucky, West Virginia and Tennessee, respectively, and no other state had a concentration of Receivables greater than or equal to 5.0% of the aggregate Principal Balance of the Receivables as of the Cut-Off Date.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1)

Geographic. No Receivable was originated in Maryland and and, as of the Cut-Off Date, no Obligor under a Receivable has a current billing address in Maine. As of the Cut-Off Date 29.8733.90%, 13.4912.51%, 13.0811.84%, 12.2111.55%, 9.35%, 7.1511.28% and 5.735.14% of the Receivables (based on principal balance and the Obligor's current mailing address in the Servicer's records as of the Cut-Off Date) were located in Ohio, MichiganIndiana, Florida, Indiana, Kentucky, West Virginia Michigan and Tennessee, respectively, and no other state had a concentration of Receivables greater than or equal to 5.0% of the aggregate Principal Balance of the Receivables as of the Cut-Off Date.

Appears in 1 contract

Sources: Purchase and Servicing Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1)