Term to Maturity. Each Receivable had an original term to maturity of not more than seventy-two (72) monthly payments and not less than twelve (12) monthly payments and a remaining term to maturity as of the Cutoff Date of not more than seventy-one (71) monthly payments and not less than three (3) monthly payments.
Appears in 42 contracts
Sources: Receivables Purchase Agreement (CarMax Auto Owner Trust 2022-2), Receivables Purchase Agreement (CarMax Auto Owner Trust 2022-2), Receivables Purchase Agreement (Carmax Auto Funding LLC)
Term to Maturity. Each Receivable had an original term to maturity of not more than seventy-two (72) monthly payments and not less than twelve twenty-four (1224) monthly payments and a remaining term to maturity as of the Cutoff Date of not more than seventy-one (71) monthly payments and not less than three (3) monthly payments.
Appears in 26 contracts
Sources: 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)
Term to Maturity. Each Receivable had an original term to maturity of not more than seventy-two (72) [ ] monthly payments and not less than twelve (12) [ ] monthly payments and a remaining term to maturity as of the Cutoff Date of not more than seventy-one (71) [ ] monthly payments and not less than three (3) [ ] monthly payments.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Carmax Auto Funding LLC)