Consumer Leases. No Receivable in the pool constitutes a “consumer lease” under either (a) the UCC as in effect in the jurisdiction the law of which governs the Receivable or (b) the Consumer Leasing Act, 15 USC 1667. EXHIBIT A SERVICER’S CERTIFICATE AmeriCredit Automobile Receivables Trust 2019-3 Class A-1 _____% Asset Backed Notes Class A-2A _____% Asset Backed Notes Class A-2B Floating Rate Asset Backed Notes Class A-3 _____% Asset Backed Notes Class B _____% Asset Backed Notes Class C _____% Asset Backed Notes Class D _____% Asset Backed Notes Class E_____% Asset Backed Notes Servicer’s Certificate This Servicer’s Certificate has been prepared pursuant to Section 4.9 of the Sale and Servicing Agreement among AmeriCredit Automobile Receivables Trust 2019-3, as Issuer, AmeriCredit Financial Services, Inc., as Servicer, AFS SenSub Corp., as Seller, and Citibank, N.A, as the Trust Collateral Agent, dated as of September 18, 2019. Defined terms have the meanings assigned to them in the Sale and Servicing Agreement or in other Transaction Documents. Monthly Period Beginning: Original Monthly Period Ending: Purchases Units Start Date Closing Date Pool Balance Prev. Distribution/Close Date: Initial Purchase Distribution Date: Days of Interest for Period: Total Days in Collection Period: Transaction Month: MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION: {1} Beginning of period Aggregate Principal Balance {1} Monthly Principal Amounts {2} Collections on Receivables outstanding at end of period {2} {3} Collections on Receivables paid off during period {3} {4} Receivables becoming Liquidated Receivables during period {4} {5} Receivables becoming Purchased Receivables during period {5} {6} Other Receivables adjustments {6} {7} Total Monthly Principal Amounts {7} {8} End of period Aggregate Principal Balance {8} {9} Pool Factor {9} MONTHLY PERIOD NOTE BALANCE CALCULATION: Class A-1 Class A-2A Class A-2B Class A-3 Class B {10} Original Note Balance {10} {11} Beginning of period Note Balance {11} {12} Noteholders’ Principal Distributable Amount {12} {13} Noteholders’ Accelerated Principal Amount {13} {14} Aggregate Principal Parity Amount {14} {15} Matured Principal Shortfall {15} {16} End of period Note Balance {16} Class C Class D Class E TOTAL {18} Beginning of period Note Balance {18} {19} Noteholders’ Principal Distributable Amount {19} {20} Noteholders’ Accelerated Principal Amount {20} {21} Aggregate Principal Parity Amount {21} {22} Matured Principal Shortfall {22} {23} End of period Note Balance {23} {24} Note Pool Factors {24} CALCULATION OF STEP-DOWN AMOUNT: {25} Ending Pool Balance {25} {26} 14.75% of Ending Aggregate Principal Balance {26} {27} Less Specified Reserve Balance {27} {28} Sum of {26} and {27} {28} {29} Required Pro Forma Note Balance {25} - {28} {29} {30} Beginning Note Balance {30} {31} Total Monthly Principal Amount {31} {32} Pro-Forma Note Balance (Assuming 100% Pay-down) {32} {33} Excess of Required Pro-forma over Pro-forma Balance {33} {34} Pool Balance minus Pro-forma Note Balance not less than .50% Original Pool Balance ($ ) {34} {35} Step-Down Amount Lesser of {33} or {34} {35} CALCULATION OF PRINCIPAL DISTRIBUTABLE AMOUNT: {36} Total Monthly Principal Amounts {36} {37} Step-down Amount {37} {38} Principal Distributable Amount {38} CALCULATION OF INTEREST DISTRIBUTABLE AMOUNT: Class Beginning Note Balance Interest Carryover Interest Rate Days Days Basis Calculated Interest {39} Class A - 1 Actual days/360 {40} Class A - 2A 30/360 {41} Class A - 2B Actual days/360 {42} Class A - 3 30/360 {43} Class B 30/360 {44} Class C 30/360 {45} Class D 30/360 {46} Class E (1) 30/360 RECONCILIATION OF COLLECTION ACCOUNT: Available Funds: {47} Principal Collections on Receivables during period (net of Liquidation Proceeds and Fees) {47} {48} Interest Collections on Receivables during period (net of Liquidation Proceeds and Fees) {48} {49} Liquidation Proceeds collected during period (net of Fees) {49} {50} Purchase Amounts or amounts from Servicer deposited in Collection Account {50} {51} Investment Earnings - Collection Account {51} {52} From Reserve Acct - Investment Earnings, Reserve Acct Withdrawal, Excess Specified Reserve over Note Bal {52} {53} Collection of Supplemental Servicing - Extension Fees {53} {54} Collection of Supplemental Servicing - Repo and Recovery Fees Netted from Gross Liquidation Proceeds {54} {55} Collection of Supplemental Servicing - Late Fees, Prepayment Penalty Fees & Force Placed Insurance {55} {56} Total Available Funds {56} Distributions: {57} Base Servicing Fee {57} {58} Repo and Recovery Fees - reimbursed to Servicer {58} {59} Bank Service Charges - reimbursed to Servicer {59} {60} Late Fees, Prepayment Penalty Fees & Force Placed Insurance - to Servicer {60} {61} Trustee and Trust Collateral Agent Fees {61} {62} Asset Representations Reviewer Fee {62} {63} Owner Trustee Fee {63} {64} Class A-1 Noteholders’ Interest Distributable Amount pari passu {64} {65} Class A-2A Noteholders’ Interest Distributable Amount pari passu {65} {66} Class A-2B Noteholders’ Interest Distributable Amount pari passu {66} {67} Class A-3 Noteholders’ Interest Distributable Amount pari passu {67} {68} Class A Noteholders’ Principal Parity Amount or Matured Principal Shortfall {68} {69} Class B Noteholders’ Interest Distributable Amount {69} {70} Class B Noteholders’ Principal Parity Amount or Matured Principal Shortfall {70} {71} Class C Noteholders’ Interest Distributable Amount {71} {72} Class C Noteholders’ Principal Parity Amount or Matured Principal Shortfall {72} {73} Class D Noteholders’ Interest Distributable Amount {73} {74} Class D Noteholders’ Principal Parity Amount or Matured Principal Shortfall {74} {75} Class E Noteholders’ Interest Distributable Amount {75} {76} Class E Noteholders’ Principal Parity Amount or Matured Principal Shortfall {76} {77} Noteholders’ Principal Distributable Amount {77} {78} To the Reserve Account, the Reserve Account Deposit {78} {79} To the Noteholders, the Accelerated Principal Amount (as calculated below) {79} {80} Add’l fees (Trustee, ARR, Owner Trustee, Trust Collateral Agent, Lockbox Bank & Processor) {80} {81} To the Certificateholders, the aggregate amount remaining {81} {82} Total Distributions {82} CALCULATION OF PRINCIPAL PARITY AMOUNT:
Appears in 2 contracts
Samples: Sale and Servicing (AmeriCredit Automobile Receivables Trust 2019-3), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2019-3)
Consumer Leases. No Receivable in the pool constitutes a “consumer lease” under either (a) the UCC as in effect in the jurisdiction the law of which governs the Receivable or (b) the Consumer Leasing Act, 15 USC 1667. EXHIBIT A SERVICER’S CERTIFICATE AmeriCredit [Attached] GM Financial Consumer Automobile Receivables Trust 20192018-3 2 Class A-1 _____% Asset Backed Notes Class A-2A _____% Asset Backed Notes Class A-2B Floating Rate Asset Backed Notes Class A-3 _____% Asset Backed Notes Class A-4 % Asset Backed Notes Class B _____% Asset Backed Notes Class C _____% Asset Backed Notes Class D _____% Asset Backed Notes Class E_____% Asset Backed Notes Servicer’s Certificate This Servicer’s Certificate has been prepared pursuant to Section 4.9 of the Sale and Servicing Agreement among AmeriCredit GM Financial Consumer Automobile Receivables Trust 20192018-32, as Issuer, AmeriCredit Financial Services, Inc.GM Financial, as Servicer, AFS SenSub Corp., as Seller, and CitibankXxxxx Fargo Bank, N.AN.A., as the Trust Collateral Agent, dated as of September 18, 2019. Defined terms have the meanings assigned to them in the Sale and Servicing Agreement or in other Transaction Documents. Monthly Period Beginning: Original Monthly Period Ending: Purchases Units Start Date Closing Date Pool Balance Prev. Distribution/Close Date: Initial Purchase Distribution Date: Days of Interest for Period: Total Days in Collection Period: Transaction Month: MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION: {1} Beginning of period Aggregate Principal Balance {1} Monthly Principal Amounts {2} Collections on Receivables outstanding at end of period {2} {3} Collections on Receivables paid off during period {3} {4} Receivables becoming Liquidated Receivables during period {4} {5} Receivables becoming Purchased Receivables during period {5} {6} Other Receivables adjustments {6} {7} Total Monthly Principal Amounts {7} {8} End of period Aggregate Principal Balance {8} {9} Pool Factor {9} MONTHLY PERIOD NOTE BALANCE CALCULATION: Class A-1 Class A-2A Class A-2B Class A-3 Class B {10} Original Note Balance {10} {11} Beginning of period Note Balance {11} {12} Noteholders’ Principal Distributable Amount {12} {13} Noteholders’ Accelerated Principal Amount {13} {14} Aggregate Principal Parity Amount {14} {15} Matured Principal Shortfall {15} {16} End of period Note Balance {16} Class C Class D Class E TOTAL {18} Beginning of period Note Balance {18} {19} Noteholders’ Principal Distributable Amount {19} {20} Noteholders’ Accelerated Principal Amount {20} {21} Aggregate Principal Parity Amount {21} {22} Matured Principal Shortfall {22} {23} End of period Note Balance {23} {24} Note Pool Factors {24} CALCULATION OF STEP-DOWN AMOUNT: {25} Ending Original Adjusted Purchases Units Start Date Closing Date Pool Balance {25} {26} 14.75% of Ending Aggregate Principal Balance {26} {27} Less Specified Reserve Balance {27} {28} Sum of {26} and {27} {28} {29} Required Pro Forma Note Balance {25} - {28} {29} {30} Beginning Note Balance {30} {31} Total Monthly Principal Amount {31} {32} Pro-Forma Note Balance (Assuming 100% Pay-down) {32} {33} Excess of Required Pro-forma over Pro-forma Balance {33} {34} Pool Balance minus Pro-forma Note Balance not less than .50% Original Pool Balance ($ ) {34} {35} Step-Down Amount Lesser of {33} or {34} {35} CALCULATION OF PRINCIPAL DISTRIBUTABLE AMOUNT: {36} Total Monthly Principal Amounts {36} {37} Step-down Amount {37} {38} Principal Distributable Amount {38} CALCULATION OF INTEREST DISTRIBUTABLE AMOUNT: Class Beginning Note Balance Interest Carryover Interest Rate Days Days Basis Calculated Interest {39} Class A - 1 Actual days/360 {40} Class A - 2A 30/360 {41} Class A - 2B Actual days/360 {42} Class A - 3 30/360 {43} Class B 30/360 {44} Class C 30/360 {45} Class D 30/360 {46} Class E (1) 30/360 RECONCILIATION OF COLLECTION ACCOUNT: Available Funds: {47} Principal Collections on Receivables during period (net of Liquidation Proceeds and Fees) {47} {48} Interest Collections on Receivables during period (net of Liquidation Proceeds and Fees) {48} {49} Liquidation Proceeds collected during period (net of Fees) {49} {50} Initial Purchase Amounts or amounts from Servicer deposited in Collection Account {50} {51} Investment Earnings - Collection Account {51} {52} From Reserve Acct - Investment Earnings, Reserve Acct Withdrawal, Excess Specified Reserve over Note Bal {52} {53} Collection of Supplemental Servicing - Extension Fees {53} {54} Collection of Supplemental Servicing - Repo and Recovery Fees Netted from Gross Liquidation Proceeds {54} {55} Collection of Supplemental Servicing - Late Fees, Prepayment Penalty Fees & Force Placed Insurance {55} {56} Total Available Funds {56} Distributions: {57} Base Servicing Fee {57} {58} Repo and Recovery Fees - reimbursed to Servicer {58} {59} Bank Service Charges - reimbursed to Servicer {59} {60} Late Fees, Prepayment Penalty Fees & Force Placed Insurance - to Servicer {60} {61} Trustee and Trust Collateral Agent Fees {61} {62} Asset Representations Reviewer Fee {62} {63} Owner Trustee Fee {63} {64} Class A-1 Noteholders’ Interest Distributable Amount pari passu {64} {65} Class A-2A Noteholders’ Interest Distributable Amount pari passu {65} {66} Class A-2B Noteholders’ Interest Distributable Amount pari passu {66} {67} Class A-3 Noteholders’ Interest Distributable Amount pari passu {67} {68} Class A Noteholders’ Principal Parity Amount or Matured Principal Shortfall {68} {69} Class B Noteholders’ Interest Distributable Amount {69} {70} Class B Noteholders’ Principal Parity Amount or Matured Principal Shortfall {70} {71} Class C Noteholders’ Interest Distributable Amount {71} {72} Class C Noteholders’ Principal Parity Amount or Matured Principal Shortfall {72} {73} Class D Noteholders’ Interest Distributable Amount {73} {74} Class D Noteholders’ Principal Parity Amount or Matured Principal Shortfall {74} {75} Class E Noteholders’ Interest Distributable Amount {75} {76} Class E Noteholders’ Principal Parity Amount or Matured Principal Shortfall {76} {77} Noteholders’ Principal Distributable Amount {77} {78} To the Reserve Account, the Reserve Account Deposit {78} {79} To the Noteholders, the Accelerated Principal Amount (as calculated below) {79} {80} Add’l fees (Trustee, ARR, Owner Trustee, Trust Collateral Agent, Lockbox Bank & Processor) {80} {81} To the Certificateholders, the aggregate amount remaining {81} {82} Total Distributions {82} CALCULATION OF PRINCIPAL PARITY AMOUNT:Total
Appears in 2 contracts
Samples: Sale and Servicing (AFS SenSub Corp.), Sale and Servicing (AFS SenSub Corp.)
Consumer Leases. No Receivable in the pool constitutes a “consumer lease” under either (a) the UCC as in effect in the jurisdiction the law of which governs the Receivable or (b) the Consumer Leasing Act, 15 USC 1667. EXHIBIT A SERVICER’S CERTIFICATE AmeriCredit [See Attached] GM Financial Consumer Automobile Receivables Trust 20192018-3 1 Class A-1 _____% Asset Backed Notes Class A-2A _____% Asset Backed Notes Class A-2B Floating Rate Asset Backed Notes Class A-3 _____% Asset Backed Notes Class A-4 % Asset Backed Notes Class B _____% Asset Backed Notes Class C _____% Asset Backed Notes Class D _____% Asset Backed Notes Class E_____% Asset Backed Notes Servicer’s Certificate This Servicer’s Certificate has been prepared pursuant to Section 4.9 of the Sale and Servicing Agreement among AmeriCredit GM Financial Consumer Automobile Receivables Trust 20192018-31, as Issuer, AmeriCredit Financial Services, Inc.GM Financial, as Servicer, AFS SenSub Corp., as Seller, and CitibankXxxxx Fargo Bank, N.AN.A., as the Trust Collateral Agent, dated as of September 18, 2019. Defined terms have the meanings assigned to them in the Sale and Servicing Agreement or in other Transaction Documents. Monthly Period Beginning: Original Monthly Period Ending: Purchases Units Start Date Closing Date Pool Balance Prev. Distribution/Close Date: Initial Purchase Distribution Date: Days of Interest for Period: Total Days in Collection Period: Transaction Month: Original Original Adjusted Purchases Units Start Date Closing Date Pool Balance Pool Balance Initial Purchase Total MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION: CALCULATION {1} Beginning of period Aggregate Principal Balance {1} Monthly Principal Amounts {2} Collections on Receivables outstanding at end of period {2} {3} Collections on Receivables paid off during period {3} {4} Receivables becoming Liquidated Receivables during period {4} {5} Receivables becoming Purchased Receivables during period {5} {6} Other Receivables adjustments {6} {7} Total Monthly Principal Amounts {7} {8} End of period Aggregate Principal Balance {8} {9} Pool Factor {9} MONTHLY PERIOD NOTE AGGREGATE ADJUSTED PRINCIPAL BALANCE CALCULATION: Class A-1 Class A-2A Class A-2B Class A-3 Class B CALCULATION {10} Original Note Beginning of period Aggregate Principal Balance {10} {11} Beginning of period Note Balance Yield Supplement Overcollateralization Amount {11} {12} Noteholders’ Beginning of period Aggregate Adjusted Principal Distributable Amount Balance {12} {13} Noteholders’ Accelerated End of period Aggregate Principal Amount Balance {13} {14} Aggregate Principal Parity End of period Yield Supplement Overcollateralization Amount {14} {15} Matured End of period Aggregate Adjusted Principal Shortfall Balance {15} {16} End of period Note Reduction in Aggregate Adjusted Principal Balance {16} MONTHLY PERIOD NOTE BALANCE CALCULATION Class C A-1 Class D A-2A Class E TOTAL A-2B Class A-3 Class A-4 {17} Original Note Balance {17} {18} Beginning of period Note Balance {18} {19} Noteholders’ Priority Principal Distributable Amount {19} {20} Noteholders’ Accelerated Noteholder’s Principal Distributable Amount {20} {21} Aggregate Principal Parity Amount End of period Note Balance {21} {22} Matured Principal Shortfall Note Pool Factors {22} Class B Class C Class D TOTAL {23} End Beginning of period Note Balance {23} {24} Note Pool Factors Priority Principal Amount {24} CALCULATION OF STEP-DOWN AMOUNT: {25} Ending Pool Balance Noteholder’s Principal Distributable Amount {25} {26} 14.75% End of Ending Aggregate Principal period Note Balance {26} {27} Less Specified Reserve Balance Note Pool Factors {27} {28} Sum of {26} and {27} {28} {29} Required Pro Forma Note Balance {25} - {28} {29} {30} Beginning Note Balance {30} {31} Total Monthly Principal Amount {31} {32} Pro-Forma Note Balance (Assuming 100% Pay-down) {32} {33} Excess of Required Pro-forma over Pro-forma Balance {33} {34} Pool Balance minus Pro-forma Note Balance not less than .50% Original Pool Balance ($ ) {34} {35} Step-Down Amount Lesser of {33} or {34} {35} CALCULATION OF PRINCIPAL DISTRIBUTABLE AMOUNT: {36} Total Monthly Principal Amounts {36} {37} Step-down Amount {37} {38} Principal Distributable Amount {38} CALCULATION OF INTEREST DISTRIBUTABLE AMOUNT: AMOUNT Beginning Interest Interest Calculated Class Beginning Note Balance Interest Carryover Interest Rate Days Days Basis Calculated Interest {3928} Class A - 1 Actual days/360 {4029} Class A - 2A 30/360 {4130} Class A - 2B Actual days/360 {4231} Class A - 3 30/360 {4332} Class A - 4 {33} Class B 30/360 {4434} Class C 30/360 {4535} Class D 30/360 {46} Class E (1) 30/360 RECONCILIATION OF COLLECTION ACCOUNT: Available Funds: {47} Principal Collections on Receivables during period (net of Liquidation Proceeds and Fees) {47} {48} Interest Collections on Receivables during period (net of Liquidation Proceeds and Fees) {48} {49} Liquidation Proceeds collected during period (net of Fees) {49} {50} Purchase Amounts or amounts from Servicer deposited in Collection Account {50} {51} Investment Earnings - Collection Account {51} {52} From Reserve Acct - Investment Earnings, Reserve Acct Withdrawal, Excess Specified Reserve over Note Bal {52} {53} Collection of Supplemental Servicing - Extension Fees {53} {54} Collection of Supplemental Servicing - Repo and Recovery Fees Netted from Gross Liquidation Proceeds {54} {55} Collection of Supplemental Servicing - Late Fees, Prepayment Penalty Fees & Force Placed Insurance {55} {56} Total Available Funds {56} Distributions: {57} Base Servicing Fee {57} {58} Repo and Recovery Fees - reimbursed to Servicer {58} {59} Bank Service Charges - reimbursed to Servicer {59} {60} Late Fees, Prepayment Penalty Fees & Force Placed Insurance - to Servicer {60} {61} Trustee and Trust Collateral Agent Fees {61} {62} Asset Representations Reviewer Fee {62} {63} Owner Trustee Fee {63} {64} Class A-1 Noteholders’ Interest Distributable Amount pari passu {64} {65} Class A-2A Noteholders’ Interest Distributable Amount pari passu {65} {66} Class A-2B Noteholders’ Interest Distributable Amount pari passu {66} {67} Class A-3 Noteholders’ Interest Distributable Amount pari passu {67} {68} Class A Noteholders’ Principal Parity Amount or Matured Principal Shortfall {68} {69} Class B Noteholders’ Interest Distributable Amount {69} {70} Class B Noteholders’ Principal Parity Amount or Matured Principal Shortfall {70} {71} Class C Noteholders’ Interest Distributable Amount {71} {72} Class C Noteholders’ Principal Parity Amount or Matured Principal Shortfall {72} {73} Class D Noteholders’ Interest Distributable Amount {73} {74} Class D Noteholders’ Principal Parity Amount or Matured Principal Shortfall {74} {75} Class E Noteholders’ Interest Distributable Amount {75} {76} Class E Noteholders’ Principal Parity Amount or Matured Principal Shortfall {76} {77} Noteholders’ Principal Distributable Amount {77} {78} To the Reserve Account, the Reserve Account Deposit {78} {79} To the Noteholders, the Accelerated Principal Amount (as calculated below) {79} {80} Add’l fees (Trustee, ARR, Owner Trustee, Trust Collateral Agent, Lockbox Bank & Processor) {80} {81} To the Certificateholders, the aggregate amount remaining {81} {82} Total Distributions {82} CALCULATION OF PRINCIPAL PARITY AMOUNT:D
Appears in 2 contracts
Samples: Sale and Servicing (AFS SenSub Corp.), Sale and Servicing (AFS SenSub Corp.)
Consumer Leases. No Receivable in the pool constitutes a “consumer lease” under either (a) the UCC as in effect in the jurisdiction the law of which governs the Receivable or (b) the Consumer Leasing Act, 15 USC 1667. EXHIBIT A SERVICER’S CERTIFICATE [See Attached] AmeriCredit Automobile Receivables Trust 20192017-3 Class A-1 _____% Asset Backed Notes Class A-2A _____% Asset Backed Notes Class A-2B Floating Rate Asset Backed Notes Class A-3 _____% Asset Backed Notes Class B _____% Asset Backed Notes Class C _____% Asset Backed Notes Class D _____% Asset Backed Notes Class E_____% E 0.00 % Asset Backed Notes Servicer’s Certificate This Servicer’s Certificate has been prepared pursuant to Section 4.9 of the Sale and Servicing Agreement among AmeriCredit Automobile Receivables Trust 20192017-3, as Issuer, AmeriCredit Financial Services, Inc., as Servicer, AFS SenSub Corp., as Seller, and Citibank, N.AN.A., as the Trust Collateral Agent, dated as of September 18July 5, 20192017. Defined terms have the meanings assigned to them in the Sale and Servicing Agreement or in other Transaction Documents. Monthly Period Beginning: Original Monthly Period Ending: Purchases Units Start Date Closing Date Pool Balance Prev. Distribution/Close Date: Initial Purchase Distribution Date: Days of Interest for Period: Total Days in Collection Period: Transaction Month: Month Purchases Units Start Date Closing Date Original Pool Balance Initial Purchase Total MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION: {1} Beginning of period Aggregate Principal Balance {1} Monthly Principal Amounts {2} Collections on Receivables outstanding at end of period {2} {3} Collections on Receivables paid off during period {3} {4} Receivables becoming Liquidated Receivables during period {4} {5} Receivables becoming Purchased Receivables during period {5} {6} Other Receivables adjustments {6} {7} Total Monthly Principal Amounts {7} {8} End of period Aggregate Principal Balance {8} {9} Pool Factor {9} MONTHLY PERIOD NOTE BALANCE CALCULATION: Class A-1 Class A-2A Class A-2B Class A-3 Class B {10} Original Note Balance {10} {11} Beginning of period Note Balance {11} {12} Noteholders’ Principal Distributable Amount {12} {13} Noteholders’ Accelerated Principal Amount {13} {14} Aggregate Principal Parity Amount {14} {15} Matured Principal Shortfall {15} {16} End of period Note Balance {16} {17} Note Pool Factors {17} Class C Class D Class E TOTAL {18} Beginning of period Note Balance {18} {19} Noteholders’ Principal Distributable Amount {19} {20} Noteholders’ Accelerated Principal Amount {20} {21} Aggregate Principal Parity Amount {21} {22} Matured Principal Shortfall {22} {23} End of period Note Balance {23} {24} Note Pool Factors {24} CALCULATION OF STEP-DOWN AMOUNT: {25} Ending Pool Balance {25} {26} 14.7514.75 % of Ending Aggregate Principal Balance {26} {27} Less Specified Reserve Balance {27} {28} Sum of {26} and {27} {28} {29} Required Pro Forma Note Balance {25} - {28} {29} {30} Beginning Note Balance {30} {31} Total Monthly Principal Amount {31} {32} Pro-Forma Note Balance (( Assuming 100% Pay-down) {32} {33} Excess of Required Pro-forma over Pro-forma Balance {33} {34} Pool Balance minus Pro-forma Note Balance not less than .50% Original Pool Balance ($ ) {34} {35} Step-Down Amount Lesser of {33} or {34} {35} CALCULATION OF PRINCIPAL DISTRIBUTABLE AMOUNT: {36} Total Monthly Principal Amounts {36} {37} Step-down Amount {37} {38} Principal Distributable Amount {38} CALCULATION OF INTEREST DISTRIBUTABLE AMOUNT: Class Beginning Note Balance Interest Carryover Interest Rate Days Days Basis Calculated Interest {39} Class A - 1 Actual days/360 {40} Class A - 2A 30/360 {41} Class A - 2B Actual days/360 {42} Class A - 3 30/360 {43} Class B 30/360 {44} Class C 30/360 {45} Class D 30/360 {46} Class E (1) 30/360 RECONCILIATION OF COLLECTION ACCOUNT: Available Funds: {47} Principal Collections on Receivables during period (net of Liquidation Proceeds and Fees) {47} {48} Interest Collections on Receivables during period (net of Liquidation Proceeds and Fees) {48} {49} Liquidation Proceeds collected during period (net of Fees) {49} {50} Purchase Amounts or amounts from Servicer deposited in Collection Account {50} {51} Investment Earnings - Collection Account {51} {52} From Reserve Acct - Investment Earnings, Reserve Acct Withdrawal, Excess Specified Reserve over Note Bal {52} {53} Collection of Supplemental Servicing - Extension Fees {53} {54} Collection of Supplemental Servicing - Repo and Recovery Fees Netted from Gross Liquidation Proceeds {54} {55} Collection of Supplemental Servicing - Late Fees, Prepayment Penalty Fees & Force Placed Insurance {55} {56} Total Available Funds {56} Distributions: {57} Base Servicing Fee {57} {58} Repo and Recovery Fees - reimbursed to Servicer {58} {59} Bank Service Charges - reimbursed to Servicer {59} {60} Late Fees, Prepayment Penalty Fees & Force Placed Insurance - to Servicer {60} {61} Trustee and Trust Collateral Agent Fees {61} {62} Asset Representations Reviewer Fee {62} {63} Owner Trustee Fee {63} {64} Class A-1 Noteholders’ Interest Distributable Amount pari passu {64} {65} Class A-2A Noteholders’ Interest Distributable Amount pari passu {65} {66} Class A-2B Noteholders’ Interest Distributable Amount pari passu {66} {67} Class A-3 Noteholders’ Interest Distributable Amount pari passu {67} {68} Class A Noteholders’ Principal Parity Amount or Matured Principal Shortfall {68} {69} Class B Noteholders’ Interest Distributable Amount {69} {70} Class B Noteholders’ Principal Parity Amount or Matured Principal Shortfall {70} {71} Class C Noteholders’ Interest Distributable Amount {71} {72} Class C Noteholders’ Principal Parity Amount or Matured Principal Shortfall {72} {73} Class D Noteholders’ Interest Distributable Amount {73} {74} Class D Noteholders’ Principal Parity Amount or Matured Principal Shortfall {74} {75} Class E Noteholders’ Interest Distributable Amount {75} {76} Class E Noteholders’ Principal Parity Amount or Matured Principal Shortfall {76} {77} Noteholders’ Principal Distributable Amount {77} {78} To the Reserve Account, the Reserve Account Deposit {78} {79} To the Noteholders, the Accelerated Principal Amount (as calculated below) {79} {80} Add’l fees (Trustee, ARR, Owner Trustee, Trust Collateral Agent, Lockbox Bank & Processor) {80} {81} To the Certificateholders, the aggregate amount remaining {81} {82} Total Distributions {82} CALCULATION OF PRINCIPAL PARITY AMOUNT:: Class (X) Cumulative Note Balance (Y) Pool Balance (I) Excess of (X) - (Y) (II) Available Funds in Waterfall Lesser of (I) or (II) {83} {84} {85} {86} {87} {88} Total CALCULATION OF ACCELERATED PRINCIPAL AMOUNT: {89} Excess Available Funds {89} {90} Pro-Forma Note Balance (Calculated after Step-Down) {90} {91} Required Pro Forma Note Balance {91} {92} Excess of Pro-Forma Balance over Required Pro-Forma Balance {92} {93} Lesser of Excess Available Funds or Excess of Pro-Forma Note Balance {93} RECONCILIATION OF RESERVE ACCOUNT: Current {94} Specified Reserve Balance {95} Beginning of period Reserve Account balance {95} {96} The Reserve Account Deposit, from Collection Account {96} {97} Investment Earnings {97} {98} Investment Earnings - transferred to Collection Account Available Funds {98} {99} Reserve Account Withdrawal Amount {99} {100} End of period Reserve Account balance {100} CALCULATION OF TOTAL OVERCOLLATERALIZATION: {101} Aggregate Principal Balance {101} {102} End of Period Note Balance {102} {103} Overcollateralization {103} {104} Overcollateralization% {104} MONTHLY PERIOD AND CUMULATIVE NUMBER OF RECEIVABLES CALCULATION: Cumulative Monthly {105} Original Number of Receivables {105} {106} Beginning of period number of Receivables {106} {107} Number of Receivables becoming Liquidated Receivables during period {107} {108} Number of Receivables becoming Purchased Receivables during period {108} {109} Number of Receivables paid off during period {109} {110} End of period number of Receivables {110} STATISTICAL DATA: (CURRENT AND HISTORICAL): Original Prev. Month Current {111} Weighted Average APR of the Receivables {111} {112} Weighted Average Remaining Term of the Receivables {112} {113} Weighted Average Original Term of Receivables {113} {114} Average Receivable Balance {114} {115} Net Losses in Period {115} {116} Aggregate Realized Losses {116} {117} Aggregate Realized Loss Percentage {117} {118} ABS Prepay Speed {118} DELINQUENCY: Units Dollars Percentage Receivables with Scheduled Payment delinquent {119} 31-60 days {119} {120} 61-90 days {120} {121} 91-120 days {121} {122} Total {122} ASSET REPRESENTATIONS REVIEW DELINQUENCY TRIGGER Dollars Percentage {123} Receivables with Scheduled Payment delinquent 61 days or more {123} {124} Compliance (Trigger Violation is a Delinquency Rate Greater Than 5.30% ) {124} EXTENSIONS {125} Principal Balance of Receivables extended during current period {125} {126} Beginning of Period Aggregate Principal Balance {126} {127} Extension Rate {125} divided by {126} {127} CREDIT RISK RETENTION (1) Dollars Percentage {128} Fair Value of Residual Interest {128} {129} Total Fair Value of Notes and Residual Interest {129} {130} Compliance (Fair Value must be at least 5% of the aggregate value of the Notes and Residual Interest) {130}
Appears in 1 contract
Consumer Leases. No Receivable in the pool constitutes a “consumer lease” under either (a) the UCC as in effect in the jurisdiction the law of which governs the Receivable or (b) the Consumer Leasing Act, 15 USC 1667. EXHIBIT A SERVICER’S CERTIFICATE AmeriCredit Automobile Receivables Trust 20192016-3 Class A-1 _____0.75000 % Asset Backed Notes Class A-2A _____1.37 % Asset Backed Notes Class A-2B Floating Rate Asset Backed Notes Class A-3 _____1.46 % Asset Backed Notes Class B _____1.80% Asset Backed Notes Class C _____2.24 % Asset Backed Notes Class D _____2.71 % Asset Backed Notes Class E_____% E 0.00 % Asset Backed Notes Servicer’s Certificate This Servicer’s Certificate has been prepared pursuant to Section 4.9 of the Sale and Servicing Agreement among AmeriCredit Automobile Receivables Trust 20192016-3, as Issuer, AmeriCredit Financial Services, Inc., as Servicer, AFS SenSub Corp., as Seller, and Citibank, N.AN.A., as the Trust Collateral Agent, dated as of September 18August 3, 20192016. Defined terms have the meanings assigned to them in the Sale and Servicing Agreement or in other Transaction Documents. Monthly Period Beginning: Original Monthly Period Ending: Purchases Units Start Date Closing Date Pool Balance Prev. Distribution/Close Date: Initial Purchase Distribution Date: Days of Interest for Period: Total Days in Collection Period: Transaction MonthMonths Seasoned: MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION: {1} Beginning of period Aggregate Principal Balance {1} Monthly Principal Amounts {2} Collections on Receivables outstanding at end of period {2} {3} Collections on Receivables paid off during period {3} {4} Receivables becoming Liquidated Receivables during period {4} {5} Receivables becoming Purchased Receivables during period {5} {6} Other Receivables adjustments {6} {7} Total Monthly Principal Amounts {7} {8} End of period Aggregate Principal Balance {8} {9} Pool Factor {9} MONTHLY PERIOD NOTE BALANCE CALCULATION: Class A-1 Class A-2A Class A-2B Class A-3 Class B {10} Original Note Balance {10} {11} Beginning of period Note Balance {11} {12} Noteholders’ Principal Distributable Amount {12} {13} Noteholders’ Accelerated Principal Amount {13} {14} Aggregate Principal Parity Amount {14} {15} Matured Principal Shortfall {15} {16} End of period Note Balance {16} Class C Class D Class E TOTAL {18} Beginning of period Note Balance {18} {19} Noteholders’ Principal Distributable Amount {19} {20} Noteholders’ Accelerated Principal Amount {20} {21} Aggregate Principal Parity Amount {21} {22} Matured Principal Shortfall {22} {23} End of period Note Balance {23} {24} Note Pool Factors {24} CALCULATION OF STEP-DOWN AMOUNT: {25} Ending Pool Balance {25} {26} 14.75% of Ending Aggregate Principal Balance {26} {27} Less Specified Reserve Balance {27} {28} Sum of {26} and {27} {28} {29} Required Pro Forma Note Balance {25} - {28} {29} {30} Beginning Note Balance {30} {31} Total Monthly Principal Amount {31} {32} Pro-Forma Note Balance (Assuming 100% Pay-down) {32} {33} Excess of Required Pro-forma over Pro-forma Balance {33} {34} Pool Balance minus Pro-forma Note Balance not less than .50% Purchases Units Start Date Closing Date Original Pool Balance ($ ) {34} {35} Step-Down Amount Lesser of {33} or {34} {35} CALCULATION OF PRINCIPAL DISTRIBUTABLE AMOUNT: {36} Total Monthly Principal Amounts {36} {37} Step-down Amount {37} {38} Principal Distributable Amount {38} CALCULATION OF INTEREST DISTRIBUTABLE AMOUNT: Class Beginning Note Balance Interest Carryover Interest Rate Days Days Basis Calculated Interest {39} Class A - 1 Actual days/360 {40} Class A - 2A 30/360 {41} Class A - 2B Actual days/360 {42} Class A - 3 30/360 {43} Class B 30/360 {44} Class C 30/360 {45} Class D 30/360 {46} Class E (1) 30/360 RECONCILIATION OF COLLECTION ACCOUNT: Available Funds: {47} Principal Collections on Receivables during period (net of Liquidation Proceeds and Fees) {47} {48} Interest Collections on Receivables during period (net of Liquidation Proceeds and Fees) {48} {49} Liquidation Proceeds collected during period (net of Fees) {49} {50} Initial Purchase Amounts or amounts from Servicer deposited in Collection Account {50} {51} Investment Earnings - Collection Account {51} {52} From Reserve Acct - Investment Earnings, Reserve Acct Withdrawal, Excess Specified Reserve over Note Bal {52} {53} Collection of Supplemental Servicing - Extension Fees {53} {54} Collection of Supplemental Servicing - Repo and Recovery Fees Netted from Gross Liquidation Proceeds {54} {55} Collection of Supplemental Servicing - Late Fees, Prepayment Penalty Fees & Force Placed Insurance {55} {56} Total Available Funds {56} Distributions: {57} Base Servicing Fee {57} {58} Repo and Recovery Fees - reimbursed to Servicer {58} {59} Bank Service Charges - reimbursed to Servicer {59} {60} Late Fees, Prepayment Penalty Fees & Force Placed Insurance - to Servicer {60} {61} Trustee and Trust Collateral Agent Fees {61} {62} Asset Representations Reviewer Fee {62} {63} Owner Trustee Fee {63} {64} Class A-1 Noteholders’ Interest Distributable Amount pari passu {64} {65} Class A-2A Noteholders’ Interest Distributable Amount pari passu {65} {66} Class A-2B Noteholders’ Interest Distributable Amount pari passu {66} {67} Class A-3 Noteholders’ Interest Distributable Amount pari passu {67} {68} Class A Noteholders’ Principal Parity Amount or Matured Principal Shortfall {68} {69} Class B Noteholders’ Interest Distributable Amount {69} {70} Class B Noteholders’ Principal Parity Amount or Matured Principal Shortfall {70} {71} Class C Noteholders’ Interest Distributable Amount {71} {72} Class C Noteholders’ Principal Parity Amount or Matured Principal Shortfall {72} {73} Class D Noteholders’ Interest Distributable Amount {73} {74} Class D Noteholders’ Principal Parity Amount or Matured Principal Shortfall {74} {75} Class E Noteholders’ Interest Distributable Amount {75} {76} Class E Noteholders’ Principal Parity Amount or Matured Principal Shortfall {76} {77} Noteholders’ Principal Distributable Amount {77} {78} To the Reserve Account, the Reserve Account Deposit {78} {79} To the Noteholders, the Accelerated Principal Amount (as calculated below) {79} {80} Add’l fees (Trustee, ARR, Owner Trustee, Trust Collateral Agent, Lockbox Bank & Processor) {80} {81} To the Certificateholders, the aggregate amount remaining {81} {82} Total Distributions {82} CALCULATION OF PRINCIPAL PARITY AMOUNT:Total
Appears in 1 contract
Consumer Leases. No Receivable in the pool constitutes a “consumer lease” under either (a) the UCC as in effect in the jurisdiction the law of which governs the Receivable or (b) the Consumer Leasing Act, 15 USC 1667. EXHIBIT A SERVICER’S CERTIFICATE AmeriCredit Automobile Receivables Trust 2019-3 2 Class A-1 _____% Asset Backed Notes Class A-2A _____% Asset Backed Notes Class A-2B Floating Rate Asset Backed Notes Class A-3 _____% Asset Backed Notes Class B _____% Asset Backed Notes Class C _____% Asset Backed Notes Class D _____% Asset Backed Notes Class E_____% Asset Backed Notes Servicer’s Certificate This Servicer’s Certificate has been prepared pursuant to Section 4.9 of the Sale and Servicing Agreement among AmeriCredit Automobile Receivables Trust 2019-32, as Issuer, AmeriCredit Financial Services, Inc., as Servicer, AFS SenSub Corp., as Seller, and Citibank, N.AThe Bank of New York Mellon, as the Trust Collateral Agent, dated as of September 18June 12, 2019. Defined terms have the meanings assigned to them in the Sale and Servicing Agreement or in other Transaction Documents. Monthly Period Beginning: Original Monthly Period Ending: Purchases Units Start Date Closing Date Pool Balance Prev. Distribution/Close Date: Initial Purchase Distribution Date: Days of Interest for Period: Total Days in Collection Period: Transaction Month: MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION: {1} Beginning of period Aggregate Principal Balance {1} Monthly Principal Amounts {2} Collections on Receivables outstanding at end of period {2} {3} Collections on Receivables paid off during period {3} {4} Receivables becoming Liquidated Receivables during period {4} {5} Receivables becoming Purchased Receivables during period {5} {6} Other Receivables adjustments {6} {7} Total Monthly Principal Amounts {7} {8} End of period Aggregate Principal Balance {8} {9} Pool Factor {9} MONTHLY PERIOD NOTE BALANCE CALCULATION: Class A-1 Class A-2A Class A-2B Class A-3 Class B {10} Original Note Balance {10} {11} Beginning of period Note Balance {11} {12} Noteholders’ Principal Distributable Amount {12} {13} Noteholders’ Accelerated Principal Amount {13} {14} Aggregate Principal Parity Amount {14} {15} Matured Principal Shortfall {15} {16} End of period Note Balance {16} {17} Note Pool Factors {17} Class C Class D Class E TOTAL {18} Beginning of period Note Balance {18} {19} Noteholders’ Principal Distributable Amount {19} {20} Noteholders’ Accelerated Principal Amount {20} {21} Aggregate Principal Parity Amount {21} {22} Matured Principal Shortfall {22} {23} End of period Note Balance {23} {24} Note Pool Factors {24} CALCULATION OF STEP-DOWN AMOUNT: {25} Ending Pool Balance {25} {26} 14.7514.75 % of Ending Aggregate Principal Balance {26} {27} Less Specified Reserve Balance {27} {28} Sum of {26} and {27} {28} {29} Required Pro Forma Note Balance {25} - {28} {29} {30} Beginning Note Balance {30} {31} Total Monthly Principal Amount {31} {32} Pro-Forma Note Balance (( Assuming 100% Pay-down) {32} {33} Excess of Required Pro-forma over Pro-forma Balance {33} {34} Pool Balance minus Pro-forma Note Balance not less than .50% Original Pool Balance ($ $__________________) {34} {35} Step-Down Amount Lesser of {33} or {34} {35} CALCULATION OF PRINCIPAL DISTRIBUTABLE AMOUNT: {36} Total Monthly Principal Amounts {36} {37} Step-down Amount {37} {38} Principal Distributable Amount {38} CALCULATION OF INTEREST DISTRIBUTABLE AMOUNT: Beginning Interest Interest Calculated Class Beginning Note Balance Interest Carryover Interest Rate Days Days Basis Calculated Interest {39} Class A - 1 Actual days/360 {40} Class A - 2A 30/360 {41} Class A - 2B Actual days/360 {42} Class A - 3 30/360 {43} Class B 30/360 {44} Class C 30/360 {45} Class D 30/360 {46} Class E (1) 30/360 RECONCILIATION OF COLLECTION ACCOUNT: Available Funds: {47} Principal Collections on Receivables during period (net of Liquidation Proceeds and Fees) {47} {48} Interest Collections on Receivables during period (net of Liquidation Proceeds and Fees) {48} {49} Liquidation Proceeds collected during period (net of Fees) {49} {50} Purchase Amounts or amounts from Servicer deposited in Collection Account {50} {51} Investment Earnings - Collection Account {51} {52} From Reserve Acct - Investment Earnings, Reserve Acct Withdrawal, Excess Specified Reserve over Note Bal {52} {53} Collection of Supplemental Servicing - Extension Fees {53} {54} Collection of Supplemental Servicing - Repo and Recovery Fees Netted from Gross Liquidation Proceeds {54} {55} Collection of Supplemental Servicing - Late Fees, Prepayment Penalty Fees & Force Placed Insurance {55} {56} Total Available Funds {56} Distributions: {57} Base Servicing Fee {57} {58} Repo and Recovery Fees - reimbursed to Servicer {58} {59} Bank Service Charges - reimbursed to Servicer {59} {60} Late Fees, Prepayment Penalty Fees & Force Placed Insurance - to Servicer {60} {61} Trustee and Trust Collateral Agent Fees {61} {62} Asset Representations Reviewer Fee {62} {63} Owner Trustee Fee {63} {64} Class A-1 Noteholders’ Interest Distributable Amount pari passu {64} {65} Class A-2A Noteholders’ Interest Distributable Amount pari passu {65} {66} Class A-2B Noteholders’ Interest Distributable Amount pari passu {66} {67} Class A-3 Noteholders’ Interest Distributable Amount pari passu {67} {68} Class A Noteholders’ Principal Parity Amount or Matured Principal Shortfall {68} {69} Class B Noteholders’ Interest Distributable Amount {69} {70} Class B Noteholders’ Principal Parity Amount or Matured Principal Shortfall {70} {71} Class C Noteholders’ Interest Distributable Amount {71} {72} Class C Noteholders’ Principal Parity Amount or Matured Principal Shortfall {72} {73} Class D Noteholders’ Interest Distributable Amount {73} {74} Class D Noteholders’ Principal Parity Amount or Matured Principal Shortfall {74} {75} Class E Noteholders’ Interest Distributable Amount {75} {76} Class E Noteholders’ Principal Parity Amount or Matured Principal Shortfall {76} {77} Noteholders’ Principal Distributable Amount {77} {78} To the Reserve Account, the Reserve Account Deposit {78} {79} To the Noteholders, the Accelerated Principal Amount (as calculated below) {79} {80} Add’l fees (Trustee, ARR, Owner Trustee, Trust Collateral Agent, Lockbox Bank & Processor) {80} {81} To the Certificateholders, the aggregate amount remaining {81} {82} Total Distributions {82} CALCULATION OF PRINCIPAL PARITY AMOUNT:
Appears in 1 contract
Samples: Sale and Servicing (AmeriCredit Automobile Receivables Trust 2019-2)
