Common use of No Repossessions Clause in Contracts

No Repossessions. No Receivable was secured by a Financed Vehicle that had been repossessed without reinstatement of the related contract.

Appears in 122 contracts

Sources: Sale and Servicing Agreement (World Omni Auto Receivables Trust 2025-D), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2025-D), Sale and Servicing Agreement (World Omni Select Auto Trust 2025-A)

No Repossessions. No Receivable was secured by a Financed Vehicle ---------------- that had been repossessed without reinstatement of the related contract.

Appears in 1 contract

Sources: Sale and Servicing Agreement (World Omni Auto Receivables LLC)