Common use of Individual Characteristics Clause in Contracts

Individual Characteristics. Each Receivable has the following individual characteristics as of the Cutoff Date: (a) each Receivable had an original number of scheduled payments of not less than 24 or more than 84, 1. Review the Receivable, as amended by documents in the Receivable File and notations in the records in Seller’s receivable system, had an original number of scheduled payments within the allowable limits as of the Cutoff Date.

Appears in 16 contracts

Sources: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2026-A), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2026-A), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2025-D)

Individual Characteristics. Each Receivable has the following individual characteristics as of the Cutoff Date: (a) each Receivable had an original number of scheduled payments of not less than 24 or more than 8475, 1. Review the Receivable, as amended by documents in the Receivable File and notations in the records in Seller’s receivable system, had an original number of scheduled payments within the allowable limits as of the Cutoff Date.

Appears in 14 contracts

Sources: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-C), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-C), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-B)

Individual Characteristics. Each Receivable has the following individual characteristics as of the Cutoff Date: : (a) each Receivable had an original number of scheduled payments of not less than 24 or more than 84, 1. Review the Receivable, as amended by documents in the 75, (b) no Receivable File and notations in the records in Seller’s receivable system, had an original number of scheduled payments within the allowable limits was more than 30 days past due as of the Cutoff Date., (c) no Receivable has a final scheduled payment date after July 21, 2029, (d) no Receivable has an APR of less than 0.00%, (e) each Receivable has a remaining number of scheduled payments of at least 4 and not more than 74,

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2023-B), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2023-B)