Common use of Certain Characteristics of the Receivables Clause in Contracts

Certain Characteristics of the Receivables. As of the ------------------------------------------ Conveyance Date, (A) each Receivable had an original maturity of not more than __ months; (B) no Receivable was more than __ days past due; and (C) no funds have been advanced by the Seller, any Dealer or anyone acting on behalf of either of them in order to cause any Receivable to qualify under clause (B) above.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Morgan Stanley Abs Capital Ii Inc)

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Certain Characteristics of the Receivables. As of the ------------------------------------------ Conveyance Date, (A) each Receivable had an original maturity of not more than __ months; (B) no Receivable was more than __ days past due; and (C) no funds have been advanced by the Seller, any Dealer or anyone acting on behalf of either of them in order to cause any Receivable to qualify under clause (B) above.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Citigroup Vehicle Securities Inc)

Certain Characteristics of the Receivables. As of the ------------------------------------------ Conveyance Date, (A) each Receivable had an original maturity of not more than __ months; (B) no Receivable was more than __ days past due; and (C) no funds have been advanced by the SellerTransferor, any Dealer or anyone acting on behalf of either of them in order to cause any Receivable to qualify under clause (Bclause(B) above.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Deutsche Recreational Asset Funding Corp)

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Certain Characteristics of the Receivables. As of the ------------------------------------------ Conveyance Date, (A) each Receivable had an original maturity of not more than __ 66 months; (B) no Receivable was more than __ 30 days past due; and (C) no funds have been advanced by the Seller, any Dealer or anyone acting on behalf of either of them in order to cause any Receivable to qualify under clause (B) above.

Appears in 1 contract

Samples: Receivables Purchase Agreement (First Merchants Acceptance Corp)

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