Examples of Receivable Files in a sentence
Review Materials: (a) Title documents (b) Installment sales contract (c) Receivable Files (d) Servicer’s Records/Data file Tests: (a) Origination i.
Review Materials: (a) Receivable Files (b) Title documents (c) Servicer’s Records/Data file Tests: (a) Confirm that there is no indication in the Servicer’s Records or Receivable Files that the Receivable was subordinated or rescinded.
Review Materials: (a) Receivable Files (b) Receivable system Tests: (a) Review the Receivable Files and confirm that there is no indication the Receivable is subject to rescission, setoff, counterclaim or defense that would cause the Receivable to become invalid, or, if so, confirm such indications were not present as of the Cut-off Date.
Confirm the Receivable Files indicate that the Obligor’s address is located within the United States or its territories or possessions as of the Cutoff Date.
The Servicer has been duly organized and is validly existing as a corporation in good standing under the laws of the State of California, and had at all relevant times, and has, power, authority and legal right to acquire, own, sell and service the Receivables and to hold the Receivable Files as custodian on behalf of the Issuer and to perform its obligations under and consummate the transactions contemplated by the Basic Documents.