Common use of Principal Balance Clause in Contracts

Principal Balance. Each Receivable had an original principal balance (net of unearned precomputed finance charges) of not more than $60,000, and a remaining Principal Balance as of the related Cutoff Date of not less than $100.

Appears in 22 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Trust), Purchase Agreement (Mmca Auto Receivables Trust), Purchase Agreement (Mmca Auto Receivables Trust)

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Principal Balance. Each Receivable had an original principal balance (net of unearned precomputed finance charges) of not more than $60,000, and a remaining Principal Balance as of the related Cutoff Date of not less than $100.

Appears in 18 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-1), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3)

Principal Balance. Each Receivable had an original principal balance (net of unearned precomputed finance charges) of not more than $60,000, and a remaining Principal Balance as of the related Cutoff Date of not less than $100.. (xix)

Appears in 2 contracts

Samples: Purchase Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Receivables Inc)

Principal Balance. Each Receivable had an original principal balance (net of unearned precomputed finance charges) of not more than $60,00060,000.00, and a remaining Principal Balance as of the related Cutoff Date of not less than $100100.00.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Inc), Sale and Servicing Agreement (Mmca Auto Receivables Inc)

Principal Balance. Each Receivable had an original principal balance (net of unearned precomputed finance charges) of not more than $60,00060,000.00, and a remaining Principal Balance as of the related Cutoff Date of not less than $100.100.00. (xix)

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Inc), Sale and Servicing Agreement (Mmca Auto Receivables Inc)

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Principal Balance. Each Receivable had an original principal balance (net of unearned precomputed finance charges) of not more than $60,000, and a remaining Principal Balance as of the related Cutoff Date of not less than $100.. (xix)

Appears in 1 contract

Samples: Purchase Agreement (Mmca Auto Receivables Inc)

Principal Balance. Each Receivable had an original principal balance (net of unearned precomputed pre-computed finance charges) of not more than $60,000, and a remaining Principal Balance as of the related Cutoff Date of not less than $100.

Appears in 1 contract

Samples: Purchase Agreement (Mmca Auto Owner Trust 2002-5)

Principal Balance. Each Receivable had an original principal balance (net of unearned precomputed finance charges) of not more than $60,00060,000.00, and a remaining Principal Balance as of the related Cutoff Date of not less than $100.100.00. (xix)

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Inc)

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