Common use of No Repossessions Clause in Contracts

No Repossessions. As of the Cutoff Date, no Financed Vehicle securing any Receivable is in repossession status.

Appears in 25 contracts

Sources: Sale and Servicing Agreement (Franklin Auto Trust 2005-1), Sale and Servicing Agreement (Franklin Auto Trust 2006-1), Sale and Servicing Agreement (Ace Securities Corp)

No Repossessions. As of the Initial Cutoff Date, no Financed Vehicle securing any Receivable is in repossession status and, as of the related Subsequent Cutoff Date, no Financed Vehicle securing any Subsequent Receivable will be in repossession status.

Appears in 7 contracts

Sources: Sale and Servicing Agreement (TMS Auto Holdings Inc), Sale and Servicing Agreement (Money Store Auto Trust 1996-2), Sale and Servicing Agreement (TMS Auto Holdings Inc)

No Repossessions. As of the Cutoff Date, Date no Financed Vehicle securing any Receivable is in repossession status.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (FCC Receivables Corp), Purchase Agreement (FCC Receivables Corp)

No Repossessions. As of the Cutoff Date, no Financed Vehicle ---------------- securing any Receivable is in repossession status.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

No Repossessions. As of the Cutoff Date, no Financed Vehicle securing any Receivable is in repossession statusRepossession Status.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Bank One Texas National Association)