Common use of Individual Characteristics Clause in Contracts

Individual Characteristics. The Receivables have the following individual characteristics as of the Cutoff Date; (i) each Receivable has an APR of not less than 16.00% and not more than 30.00%, (ii) each Receivable had an original term to maturity of not more than 60 months and each Receivable has a remaining term to maturity, as of the Cutoff Date, of not less than a month; (iii) each Receivable has a Cutoff Date Principal Balance of not less than $500.00 and no more than $30,000, (iv) no Receivable has a scheduled maturity date later than 2009; (v) each Receivable was originated after September 1, 1999; and (vi) the Dealer of the Financed Vehicle has no participation in, or other right to receive, any proceeds of the Receivable.

Appears in 2 contracts

Samples: Purchase Agreement (UPFC Auto Receivables Trust 2004-A), Purchase Agreement (United Pan Am Financial Corp)

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Individual Characteristics. The Receivables have the following individual characteristics as of the Cutoff Date; (i) each Receivable has an APR a Contract Rate of not less than 16.005.00% and not more than 30.00%, ; (ii) each Receivable had an original term to maturity of not more than 60 72 months and each Receivable has a remaining term to maturity, as of the Cutoff Date, of not less than a month; (iii) each Receivable has a Cutoff Date Principal Balance of not less than $500.00 250 and no more than $30,000, 40,000; (iv) no Receivable has a scheduled maturity date later than 2009March 10, 2010; (v) each Receivable was originated after September January 1, 19992001; and (vi) the Dealer of the Financed Vehicle has no participation in, or other right to receive, any proceeds of the Receivable.

Appears in 1 contract

Samples: Purchase Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A)

Individual Characteristics. The Receivables have the following individual characteristics as of the Cutoff Date; (i) each Receivable has an APR a Contract Rate of not less than 16.005.00% and not more than 30.00%, ; (ii) each Receivable had an original term to maturity of not more than 60 72 months and each Receivable has a remaining term to maturity, as of the Cutoff Date, of not less than a month; (iii) each Receivable has a Cutoff Date Principal Balance of not less than $500.00 250 and no more than $30,000, 40,000; (iv) no Receivable has a scheduled maturity date later than 2009June 2011; (v) each Receivable was originated after September January 1, 19992001; and (vi) the Dealer of the Financed Vehicle has no participation in, or other right to receive, any proceeds of the Receivable.

Appears in 1 contract

Samples: Purchase Agreement (Wells Fargo Financial Auto Owner Trust 2005-A)

Individual Characteristics. The Receivables have the following individual characteristics as of the Cutoff Date; (i) each Receivable has an APR of not less than 16.0017.00% and not more than 30.00%, (ii) each Receivable had an original term to maturity of not more than 60 months and each Receivable has a remaining term to maturity, as of the Cutoff Date, of not less than a month4 months; (iii) each Receivable has a Cutoff Date Principal Balance of not less than $500.00 544.21 and no more than $30,00028,753.63, (iv) no Receivable has a scheduled maturity date later than 2009November 13, 2010; (v) each Receivable was originated after September 1November 16, 19992001; and (vi) the Dealer of the Financed Vehicle has no participation in, or other right to receive, any proceeds of the Receivable.

Appears in 1 contract

Samples: Purchase Agreement (UPFC Auto Receivables Trust 2005-B)

Individual Characteristics. The Receivables have the following individual characteristics as of the Cutoff Date; (i) each Receivable has an APR of not less than 16.0017.08% and not more than 30.00%, (ii) each Receivable had an original term to maturity of not more than 60 months and each Receivable has a remaining term to maturity, as of the Cutoff Date, of not less than a month8 months; (iii) each Receivable has a Cutoff Date Principal Balance of not less than $500.00 515.02 and no more than $30,00020,434.05, (iv) no Receivable has a scheduled maturity date later than 2009July 7, 2011; (v) each Receivable was originated after September 1October 15, 19992004; and (vi) the Dealer of the Financed Vehicle has no participation in, or other right to receive, any proceeds of the Receivable.

Appears in 1 contract

Samples: Sale Agreement (UPFC Auto Receivables Trust 2006-A)

Individual Characteristics. The Receivables have the following individual characteristics as of the Cutoff Date; (i) each Receivable has an APR of not less than 16.0017.03% and not more than 30.00%, (ii) each Receivable had an original term to maturity of not more than 60 months and each Receivable has a remaining term to maturity, as of the Cutoff Date, of not less than a month4 months; (iii) each Receivable has a Cutoff Date Principal Balance of not less than $500.00 1,053.41 and no more than $30,00026,640.53, (iv) no Receivable has a scheduled maturity date later than 2009December 14, 2011; (v) each Receivable was originated after September 1May 15, 19992002; and (vi) the Dealer of the Financed Vehicle has no participation in, or other right to receive, any proceeds of the Receivable.

Appears in 1 contract

Samples: Sale Agreement (UPFC Auto Receivables Trust 2006-B)

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Individual Characteristics. The Receivables have the following individual characteristics as of the Cutoff Date; (i) each Receivable has an APR of not less than 16.0017.00% and not more than 30.00%, (ii) each Receivable had an original term to maturity of not more than 60 months and each Receivable has a remaining term to maturity, as of the Cutoff Date, of not less than a month; (iii) each Receivable has a Cutoff Date Principal Balance of not less than $500.00 and no more than $30,00027,500.00, (iv) no Receivable has a scheduled maturity date later than 2009April 2010; (v) each Receivable was originated after September 1March 31, 19992000; and (vi) the Dealer of the Financed Vehicle has no participation in, or other right to receive, any proceeds of the Receivable.

Appears in 1 contract

Samples: Purchase Agreement (UPFC Auto Receivables Trust 2005-A)

Individual Characteristics. The Receivables have the following individual characteristics as of the Cutoff Date; (i) each Receivable has an APR of not less than 16.0017.95% and not more than 30.00%, (ii) each Receivable had an original term to maturity of not more than 60 months and each Receivable has a remaining term to maturity, as of the Cutoff Date, of not less than a month8 months; (iii) each Receivable has a Cutoff Date Principal Balance of not less than $500.00 and no more than $30,00028,362.60, (iv) no Receivable has a scheduled maturity date later than 2009May 9, 2013; (v) each Receivable was originated after September 1October 29, 19992003; and (vi) the Dealer of the Financed Vehicle has no participation in, or other right to receive, any proceeds of the Receivable.

Appears in 1 contract

Samples: Sale Agreement (UPFC Auto Receivables Trust 2007-A)

Individual Characteristics. The Receivables have the following individual characteristics as of the Cutoff Date; (i) each Receivable has an APR of not less than 16.0017.02% and not more than 30.00%, (ii) each Receivable had an original term to maturity of not more than 60 72 months and each Receivable has a remaining term to maturity, as of the Cutoff Date, of not less than a month2 months; (iii) each Receivable has a Cutoff Date Principal Balance of not less than $500.00 and no more than $30,00029,996.97, (iv) no Receivable has a scheduled maturity date later than 2009November 7, 2013; (v) each Receivable was originated after September 123, 19992002; and (vi) the Dealer of the Financed Vehicle has no participation in, or other right to receive, any proceeds of the Receivable.

Appears in 1 contract

Samples: Sale Agreement (UPFC Auto Receivables Trust 2007-B)

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