Common use of Statements to Noteholders Clause in Contracts

Statements to Noteholders. 1 Has there been a material change in practices with respect to charge offs, collection and management of delinquent Receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience?

Appears in 24 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2009-C), Sale and Servicing Agreement (CNH Equipment Trust 2010-C), Sale and Servicing Agreement (CNH Equipment Trust 2015-B)

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Statements to Noteholders. 1 Has there been a material change in practices with respect to charge offs, collection and management of delinquent Receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience? 2 Have there been any material modifications, extensions or waivers to Receivables terms, fees, penalties or payments during the Collection Period?

Appears in 3 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2012-B), Sale and Servicing Agreement (CNH Equipment Trust 2012-B), Sale and Servicing Agreement (CNH Capital Receivables LLC)

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