One Original. There is only one original executed copy, or authoritative copy (as defined in the Relevant UCC) of each Receivable. 1: If the Receivable constitutes “tangible chattel paper,” confirm the Contract is marked as “original” copy 2: If the Receivable constitutes “electronic chattel paper,” confirm the Contract is marked as “authoritative” copy 3: Confirm the Contract was signed by the buyer, co-buyer (if applicable) and seller
Appears in 42 contracts
Sources: Asset Representations Review Agreement (CarMax Auto Owner Trust 2025-4), Asset Representations Review Agreement (CarMax Auto Owner Trust 2025-4), Asset Representations Review Agreement (CarMax Auto Owner Trust 2025-3)
One Original. There is only one original executed copy, or authoritative copy (as defined in the Relevant UCC) of each Receivable. .
1: If the Receivable constitutes “tangible chattel paper,” evidenced by a tangible copy, confirm the Contract is marked as “original” copy 2: If the Receivable constitutes “electronic chattel paper,” evidenced by an electronic copy, confirm the Contract is marked as “authoritative” copy 3: Confirm the Contract was signed by the buyer, co-buyer (if applicable) and seller
Appears in 8 contracts
Sources: Asset Representations Review Agreement (CarMax Auto Owner Trust 2026-3), Asset Representations Review Agreement (CarMax Auto Owner Trust 2026-3), Asset Representations Review Agreement (CarMax Auto Owner Trust 2026-2)