Common use of Prepayments i Clause in Contracts

Prepayments i. Review the contract and confirm that the terms conform to the representation. (f) No governmental obligors i. Review the contract and confirm that the Obligor does not appear to be a governmental entity and that the Servicer’s records do not otherwise indicate that the Obligor is a governmental entity.

Appears in 39 contracts

Samples: Asset Representations Review Agreement (Honda Auto Receivables 2023-4 Owner Trust), Asset Representations Review Agreement (Honda Auto Receivables 2023-4 Owner Trust), Asset Representations Review Agreement (Honda Auto Receivables 2022-2 Owner Trust)

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Prepayments i. Review the contract and confirm that the terms conform to the representation. (f) No governmental obligors i. Review the contract and confirm that the Obligor does not appear to be a governmental entity and that the Servicer’s records do not otherwise indicate that the Obligor is a governmental entity. (g) Retail installment sale contract i. Review the contract and confirm that the contract terms conform to the representation. (h) If (a) through (g) are confirmed, then Test Pass.

Appears in 22 contracts

Samples: Asset Representations Review Agreement (Honda Auto Receivables 2024-2 Owner Trust), Asset Representations Review Agreement (Honda Auto Receivables 2024-2 Owner Trust), Asset Representations Review Agreement (Honda Auto Receivables 2024-1 Owner Trust)

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