Common use of Principal Balance Clause in Contracts

Principal Balance. Each Receivable had a remaining Principal Balance as of the Cutoff Date of not less than $500.

Appears in 94 contracts

Samples: Receivables Purchase Agreement (CarMax Auto Owner Trust 2024-2), Receivables Purchase Agreement (Carmax Auto Funding LLC), Receivables Purchase Agreement (CarMax Auto Owner Trust 2024-1)

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Principal Balance. Each Receivable had an original Principal Balance of not more than $65,000 and a remaining Principal Balance as of the Cutoff Date of not less than $500.

Appears in 35 contracts

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2012-2), Sale and Servicing Agreement (CarMax Auto Owner Trust 2012-1), Receivables Purchase Agreement (CarMax Auto Owner Trust 2012-1)

Principal Balance. Each As of the Cutoff Date, each Receivable had a remaining Principal Balance as of the Cutoff Date of not more than $220,000.00 and not less than $5002,000.00.

Appears in 14 contracts

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2023-2)

Principal Balance. Each Receivable had an original Principal Balance of not more than $60,000 and a remaining Principal Balance as of the Cutoff Date of not less than $500.

Appears in 10 contracts

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2004-1), Receivables Purchase Agreement (CarMax Auto Owner Trust 2004-1), Receivables Purchase Agreement (Carmax Auto Owner Trust 2005-1)

Principal Balance. Each As of the Cutoff Date, each Receivable had a remaining Principal Balance as of the Cutoff Date of not less than $5001,000.

Appears in 8 contracts

Samples: Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2023-1)

Principal Balance. Each Receivable had a remaining Principal Balance as of the Cutoff Date of not less than $500[ ].

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC), Receivables Purchase Agreement (Carmax Auto Funding LLC)

Principal Balance. Each Receivable had an original Principal Balance of not more than $100,000.00 and a remaining Principal Balance Balance, as of the Cutoff Date Date, of not less than $500500.00.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Wachovia Auto Owner Trust 2005-A), Sale and Servicing Agreement (Wachovia Auto Loan Owner Trust 2008-1), Sale and Servicing Agreement (Wachovia Auto Owner Trust 2004-B)

Principal Balance. Each As of the Cutoff Date, each Receivable had a remaining Principal Balance as of the Cutoff Date of not less than $500[●].

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Daimler Trucks Retail Receivables LLC), Sale and Servicing Agreement (Daimler Trucks Retail Receivables LLC), Sale and Servicing Agreement (Daimler Retail Receivables LLC)

Principal Balance. Each As of the Cutoff Date, each Receivable had a remaining Principal Balance as of the Cutoff Date of not more than $200,000.00 and not less than $5002,000.00.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2016-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2016-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2015-1)

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Principal Balance. Each Receivable had a remaining Principal Balance as of the Cutoff Date of not more than $7,380,657.16 and not less than $500527.08.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Daimler Benz Vehicle Receivables Corp), Purchase Agreement (Daimler Benz Vehicle Receivables Corp)

Principal Balance. Each Receivable had an original Principal Balance of not more than $50,000 and a remaining Principal Balance as of the Cutoff Date of not less than $500.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Principal Balance. Each Receivable had an original Principal ----------------- Balance of not more than $50,000 and a remaining Principal Balance as of the Cutoff Date of not less than $500.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Principal Balance. Each Receivable had a remaining Principal Balance as of the Cutoff Date of not more than $ and not less than $500$ .

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)

Principal Balance. Each Receivable had an original Principal Balance ----------------- of not more than $50,000 and a remaining Principal Balance as of the Cutoff Date of not less than $500.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)

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