Common use of Electronic Chattel Paper Clause in Contracts

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.00% of the Initial Pool Balance.

Appears in 8 contracts

Samples: Sale Agreement (Bank of America Auto Trust 2010-2), Sale Agreement (Bank of America Auto Trust 2010-2), First Purchase Agreement (Bank of America Auto Trust 2010-2)

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Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.005.00% of the Initial Pool Balance.

Appears in 8 contracts

Samples: Sale Agreement (Bank of America Auto Trust 2012-1), Sale Agreement (Bank of America Auto Trust 2012-1), First Purchase Agreement (Bank of America Auto Trust 2012-1)

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed Outstanding Principal Balance of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.001.00% of the Initial Net Pool BalanceBalance as of the Cut-Off Date.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Fifth Third Holdings Funding, LLC), Purchase Agreement (Fifth Third Holdings Funding, LLC), Receivables Sale Agreement (Fifth Third Holdings Funding, LLC)

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed Outstanding Principal Balance of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.002.50% of the Initial Net Pool BalanceBalance as of the Cut-Off Date.

Appears in 3 contracts

Samples: Sale Agreement (Fifth Third Auto Trust 2013-A), Purchase Agreement (Fifth Third Auto Trust 2013-A), Receivables Sale Agreement (Fifth Third Auto Trust 2013-A)

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed Outstanding Principal Balance of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.00[ ]% of the Initial Pool Balance.

Appears in 3 contracts

Samples: Sale Agreement, Sale Agreement (Bank of America Auto Receivables Securitization, LLC), Purchase Agreement (Bank of America Auto Receivables Securitization, LLC)

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed Outstanding Principal Balance of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.002.75% of the Initial Net Pool BalanceBalance as of the Cut-Off Date.

Appears in 3 contracts

Samples: Sale Agreement (Fifth Third Auto Trust 2014-3), Purchase Agreement (Fifth Third Auto Trust 2014-3), Receivables Sale Agreement (Fifth Third Auto Trust 2014-3)

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed Outstanding Principal Balance of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.003.64% of the Initial Net Pool BalanceBalance as of the Cut-Off Date.

Appears in 3 contracts

Samples: Sale Agreement (Fifth Third Auto Trust 2013-1), Receivables Sale Agreement (Fifth Third Auto Trust 2013-1), Purchase Agreement (Fifth Third Auto Trust 2013-1)

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed Outstanding Principal Balance of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.003.02% of the Initial Net Pool BalanceBalance as of the Cut-Off Date.

Appears in 3 contracts

Samples: Sale Agreement (Fifth Third Auto Trust 2014-2), Receivables Sale Agreement (Fifth Third Auto Trust 2014-2), Purchase Agreement (Fifth Third Auto Trust 2014-2)

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Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed Outstanding Principal Balance of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.002.32% of the Initial Net Pool BalanceBalance as of the Cut-Off Date.

Appears in 3 contracts

Samples: Sale Agreement (Fifth Third Auto Trust 2015-1), Purchase Agreement (Fifth Third Auto Trust 2015-1), Receivables Sale Agreement (Fifth Third Auto Trust 2015-1)

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed Outstanding Principal Balance of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.003.50% of the Initial Net Pool BalanceBalance as of the Cut-Off Date.

Appears in 3 contracts

Samples: Receivables Sale Agreement (Fifth Third Auto Trust 2014-1), Sale Agreement (Fifth Third Auto Trust 2014-1), Purchase Agreement (Fifth Third Auto Trust 2014-1)

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.00[ ]% of the Initial Pool Balance.

Appears in 1 contract

Samples: Sale Agreement (Bank of America Auto Receivables Securitization, LLC)

Electronic Chattel Paper. As of the Cut-Off Date, such Receivable did not cause the aggregate Amount Financed of all Receivables that constitute “electronic chattel paper” (as defined in the UCC) to exceed 4.00[__]% of the Initial Pool Balance.

Appears in 1 contract

Samples: Purchase Agreement (Bank of America Auto Receivables Securitization, LLC)

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