Common use of Past Due Clause in Contracts

Past Due. As of the Cutoff Date, no Receivable was more than 30 days past due. Test: Review the Schedule of Receivables and CRB’s receivables systems and confirm was that the Receivable was not notated as being more than 30 days past due as of the Cutoff Date. Representation:

Appears in 2 contracts

Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1)

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Past Due. As of the Cutoff Date, no Receivable was more than 30 days past due. Test: Review the Schedule of Receivables and CRBMechanics Bank’s receivables systems and confirm was that the Receivable was not notated as being more than 30 days past due as of the Cutoff Date. Representation:

Appears in 2 contracts

Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1)

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