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Asset Data
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| Assets: |
| Asset Type Number |
| Item 3(a)(1) Asset Number Type - Throughout the Asset Data File and in this Asset Related Document, "NMAC" refers to Nissan Motor Acceptance Corporation, the sponsor and servicer of this securitization transaction. The asset number reflected on this Schedule AL is the unique identifying number NMAC, as servicer, maintains for each receivable. |
| Originator Name |
| Item 3(c)(1) Originator - Each receivable was originated by NMAC, the sponsor of the transaction. |
| Original Loan Amount |
| Item 3(c)(3) Original Loan Amount - This item represents the amount financed on the receivable as reflected on the related loan contract, including the purchase price for the related Financed Vehicle (less any cash down payment or trade-in credit), any accessories purchased by the obligor, any amounts paid under extended warranties or similar products, and any taxes and fees assessed in connection with the purchase of the Financed Vehicle. |
| Original Loan Term |
| Item 3(c)(4) Original Loan Term - This item represents the number of calendar months between the month of the Origination Date (Item 3(c)(2)) and the month of the Loan Maturity Date (Item 3(c)(5)). The statistical information regarding the receivables in the prospectus is generally presented based on the number of original scheduled payments under the receivable, rather than the number of months from origination to maturity. The Original Loan Term as disclosed in the Asset Data File may be up to three months more than the number of scheduled monthly payments under the receivable due to the timing of the Origination Date and the Original First Payment Date (Item 3(c)(10)) within the respective months. |
| Loan Maturity Date |
| Item 3(c)(5) Loan Maturity Date - This item reflects the date of the final scheduled payment on the receivable. If the receivable has been extended by the servicer, that extension will be reflected in the date reported in this item. |
| Interest Calculation Type Code |
| Item 3(c)(7) Interest Calculation Type - The interest rate calculation method for each receivable is simple interest |
| Original Interest Rate Type Code |
| Item 3(c)(8) Original Interest Rate Type - The interest rate for each receivable is fixed. |
| Original Interest Only Term Number |
| Item 3(c)(9) Original Interest-Only Term - No receivables originated by NMAC feature an interest-only period. |
| Underwriting Indicator |
| Item 3(c)(11) Underwriting Indicator - As discussed under "The Receivables-Underwriting Procedures" in the prospectus, under NMAC`s origination process, retail installment contract applications are reviewed when received by NMAC`s auto-decisioning system, which then approves, rejects or forwards the application for review by an NMAC credit analyst. A "TRUE" response to this item indicates that the related receivable was automatically approved by NMAC`s auto-decisioning system, while a "FALSE" response indicates that the related receivable was forwarded to an NMAC credit analyst with appropriate approval authority who reviewed and approved the receivable. |
| Grace Period Number |
| Item 3(c)(12) Grace Period - This item represents the number of calendar months between the month of the Origination Date (Item 3(c)(2)) and the month of the Original First Payment Date (Item 3(c)(10)). |
| Payment Type Code |
| Item 3(c)(13) Payment Type - Payments on each receivable are required monthly. |
| Vehicle Manufacturer Name |
| Item 3(d)(1) Vehicle Manufacturer - This item represents the vehicle make of the Financed Vehicle, as reflected on the original loan contract. |
| Vehicle Model Name |
| Item 3(d)(2) Vehicle Model - This item represents the vehicle model of the Financed Vehicle, as reflected on the original loan contract. |
| Vehicle New Used Code |
| Item 3(d)(3) New or Used - A response of "1" to this item indicates that the related Financed Vehicle was classified by NMAC as a "new" vehicle, while a response of "2" indicates that the related Financed Vehicle was classified by NMAC as "Near-new" or "used." For a description of NMAC`s "new," "near-new" and "used" classifications, see "The Receivables" in the prospectus. |
| Vehicle Type Code |
| Item 3(d)(5) Vehicle Type - With respect to Nissan- and Infiniti-branded vehicles, this item represents the manufacturer`s classification of the related vehicle. A response of "98" for this item means the vehicle type is not a car, truck, SUV or motorcycle (for example, minivans or other vans). |
| Vehicle Value Amount |
| Item 3(d)(6) Vehicle Value - With respect to each Financed Vehicle that is a new vehicle, this item represents the dealer invoice amount of the Financed Vehicle. With respect to each Financed Vehicle that is a new vehicle, this item represents the value of the Financed Vehicle reflected in the applicable third-party valuation guide reflected under Source of Vehicle Value (Item 3(d)(7)). In the case of both new and used vehicles, this amount excludes any amounts paid for extended warranties or similar products, and any taxes and fees assessed in connection with the purchase of the Financed Vehicle. |
| Vehicle Value Source Code |
| Item 3(d)(7) Source of Vehicle Value - With respect to receivables related to new vehicles, the source of Vehicle Value (Item 3(d)(6)) is generally the invoice price for the related vehicle. With respect to near-new or used vehicles, the source of the Vehicle Value depends upon the State in which the receivable was originated and may be Kelley Blue Book, the National Automobile Dealers Association Guide or another third-party valuation guide. |
| Obligor Credit Score Type |
| Item 3(e)(1) Obligor Credit Score Type - A response of "FICO" for this item means a FICO(R) credit score obtained by NMAC from a national consumer credit reporting company. FICO(R) is a federally registered servicemark of Fair Isaac Corporation. |
| Obligor Credit Score |
| Item 3(e)(2) Obligor Credit Score - For receivables with a co-obligor present (signified by a response of true for Co-Obligor Indicator, Item 3(e)(5)), this item represents the credit score of the primary obligor on the credit application. |
| Obligor Income Verification Level Code |
| Item 3(e)(3) Obligor Income Verification Level - A response of "2" for this item means that the related obligor provided a stated income on the credit application, but was not asked for additional verification (e.g., paystubs or W-2s) of the stated income. NMAC requires all obligors to provide a stated income on the credit application. However, NMAC does not require verification of income as part of its underwriting policy, and NMAC is unable to capture whether any level of income verification was performed with respect to any receivable. As a result, all receivables will reflect a response of "2" for this item. |
| Obligor Employment Verification Code |
| Item 3(e)(4) Obligor Employment Verification - A response of "2" for this item means that the related obligor provided employment information on the credit application, but was not asked for additional verification (e.g., paystubs) of employment. NMAC requires all obligors to provide employment information on the credit application. However, NMAC does not require verification of employment as part of its underwriting policy, and NMAC is unable to capture whether any level of employment verification was performed with respect to any receivable. As a result, all receivables will reflect a response of "2" for this item. |
| Payment to Income Percentage |
| Item 3(e)(6) Payment to Income Ratio - This item represents the ratio, stated as a percentage, of the monthly payment at origination, as indicated on the retail installment contract, to the income of the obligor and the co-obligor, if any. A response of "0" for this item means that no ratio is available. For a description of the methodology for calculating an obligor`s income for purposes of establishing a payment-to-income ratio, see "The Receivables-Underwriting Procedures" in the prospectus. |
| Obligor Geographic Location |
| Item 3(e)(7) Geographic location of Obligor - This item represents the state of the obligor`s current mailing address as maintained by NMAC, as servicer. |
| Remaining Term to Maturity Number |
| Item 3(f)(2) Remaining Term to Maturity - This item represents the number of scheduled monthly payments remaining for the receivable. |
| Reporting Period Modification Indicator |
| Item 3(f)(3) Modification Indicator Reporting Period - This item will be reported as true if, during the related reporting period, (i) the APR on the related receivable was modified, (ii) the related obligor was granted an extension on the receivable or (iii) the monthly payment due on the related receivable was reduced without reducing the principal balance of such receivable by extending the maturity of such receivable. |
| Servicing Advance Method Code |
| Item 3(f)(4) Servicing Advance Method - All receivables will reflect a response of "1" for this item because the transaction documents do not currently provide for the making of servicer advances. |
| Next Reporting Period Payment Amount Due |
| Item 3(f)(6) Next Reporting Period Payment Amount Due - This item represents the total amount of interest and principal due in the next reporting period needed for the receivable to be considered current as of the end of such period. If a receivable has been paid ahead, this item will reflect "$0.00." |
| Servicing Flat Fee Amount |
| Item 3(f)(10) Servicing Fee Flat-Fee - This item is omitted as the servicing fee for this transaction is based solely on a percentage of the outstanding principal balance. |
| Other Servicer Fee Retained by Servicer |
| Item 3(f)(11) Other Loan Level Servicing Fee(s) Retained by Servicer - This item is omitted as inapplicable to this transaction. As described in the prospectus under "Description of the Transfer and Servicing Agreements-Compensation for Servicer and Administrator", NMAC, as servicer, is entitled to retain certain fees and charges as Supplemental Servicing Fees. These amounts, to the extent collected in any reporting period, will be reflected under Actual Other Amount Collected (Item 3(f)(20)). |
| Other Assessed Uncollected Servicer Fee Amount |
| Item 3(f)(12) Other Assessed But Uncollected Servicer Fees - Amounts in this item reflect other fees or charges assessed to the obligor but uncollected during the reporting period. These amounts comprise fees or charges that NMAC, as servicer, is entitled to retain as Supplemental Servicing Fees, including late charges, non-sufficient fund (NSF) charges and title fees in connection with repossession. |
| Scheduled Interest Amount |
| Item 3(f)(13) Scheduled Interest Amount - This item represents the calculated monthly interest amount due based on the product of (i) the original principal balance of the receivable times (ii) the APR of the receivable times (iii) one-twelfth. If the scheduled interest has been paid ahead or the scheduled interest payment has been extended by the Servicer, this item will reflect "$0.00." |
| Scheduled Principal Amount |
| Item 3(f)(14) Scheduled Principal Amount - This item represents the calculated monthly principal amount due based on the receivable`s initial amortization schedule, which assumes that the obligor pays all amounts due on each due date. If the scheduled principal has been paid ahead or the scheduled principal payment has been extended by the Servicer, this item will reflect "$0.00." |
| Other Principal Adjustment Amount |
| Item 3(f)(15) Other Principal Adjustments - This item is reflects the change in principal balance during the reporting period (Reporting Period Beginning Loan Balance (Item 3(f)(5)) minus Reporting Period Ending Actual Balance (Item 3(f)(16)), that is not attributable to Actual Principal Collected (Item 3(f)(20)) or a Charged-off Principal Amount (Item 3(i)(1)). A response that is a negative number for this item indicates an increase to the principal balance of the receivable during the reporting period. |
| Reporting Period Scheduled Payment Amount |
| Item 3(f)(17) Reporting Period Scheduled Payment Amount - This item is reflects the total payment amount due from the obligor during the reporting period, including the Scheduled Interest Amount (Item 3(f)(13)), Scheduled Principal Amount (Item 3(f)(14)) and any other fees assessed to the obligor. Because this amount reflects any other fees due during the reporting period, the amount reflected in this item may be greater than the sum of the Scheduled Interest Amount (Item 3(f)(13)) and the Scheduled Principal Amount (Item 3(f)(14)). |
| Total Actual Amount Paid |
| Item 3(f)(18) Total Actual Amount Paid - This item represents amounts paid by the obligor or from any other source actually paid to the servicer during the reporting period, less any reversals of payments (including, for example, returns of check payments for non-sufficient funds). If reversals of payments posted during the reporting period exceed amounts paid during the period, this item is reported as zero. |
| Actual Interest Collected Amount |
| Item 3(f)(19) Actual Interest Collected - This item represents amounts received as interest by the servicer during the reporting period, less any reversals of interest amounts (including, for example, amounts related to returns of check payments for non-sufficient funds). If reversals of interest amounts posted during the reporting period exceed amounts received as interest during the period, this item is reported as zero. |
| Actual Principal Collected Amount |
| Item 3(f)(20) Actual Principal Collected - This item represents amounts received as principal by the servicer during the reporting period, less any reversals of principal amounts (including, for example, amounts related to returns of check payments for non-sufficient funds). If reversals of principal amounts posted during the reporting period exceed amounts received as principal during the period, this item is reported as zero. |
| Actual Other Collected Amount |
| Item 3(f)(21) Actual Other Amounts Collected - This item represents amounts received by the servicer during the period that are not interest or principal payments, less any reversals of such amounts (including, for example, returns of check payments for non-sufficient funds). Amounts reflected in this item generally comprise fees or charges that NMAC, as servicer, is entitled to retain as Supplemental Servicing Fees, including late charges, non-sufficient fund (NSF) charges and title fees in connection with repossession. If reversals of other amounts posted during the reporting period exceed such other amounts received during the period, this item is reported as zero. |
| Interest Paid Through Date |
| Item 3(f)(23) Interest Paid Through Date - This item represents the posting date of the obligor`s last payment that reduced the principal balance of the receivable. If no payments have reduced the principal balance of the receivable from its Original Loan Amount (Item 3(c)(3)), this item will be reported as the Origination Date (Item 3(c)(2)). |
| Current Delinquency Status |
| Item 3(f)(25) Current Delinquency Status - This item represents the number of days that the related receivable is contractually past due. NMAC considers a receivable to be past due when the obligor fails to make at least 80% of a payment by the due date and delinquent when 20% or more of a scheduled payment is past due for 15 days. While NMAC`s generally policy is to charge off the receivable when it becomes 120 days past due, in certain limited circumstances, NMAC wait beyond the 120th day past due to charge off the receivable as described under "The Receivables-Servicing of the Receivables" in the prospectus. |
| Chargedoff Principal Amount |
| Item 3(i)(1) Charged-off Principal Amount - This item represents the amount of uncollected principal charged off during the reporting period. |
| Recovered Amount |
| Item 3(i)(2) Amounts Recovered - This item represents any amounts collected by the servicer with respect to a receivable that has previously been reflected as charged off under Charged Off Principal Amount (Item 3(i)(1)). |
| Modification Type Code |
| Item 3(j)(1) Modification Type - A response of "98" for this item means the monthly payment due on the related receivable was reduced without reducing the principal balance of such receivable by extending the maturity of such receivable. |
| Repossessed Indicator |
| Item 3(k) Repossessed - This item will only reflect a response of "TRUE" in the period in which the repossession occurs. |
| Repossessed Proceeds Amount |
| Item 3(k)(1) Repossession Proceeds - Sales proceeds with respect to a repossessed Financed Vehicle will only be reported under this item if the Financed Vehicle is sold in the same reporting period in which the repossession occurs. In all other cases, proceeds of a repossession sale will be reflected as a Recovered Amount (Item 3(i)(2)). |
