Common use of Individual Characteristics Clause in Contracts

Individual Characteristics. As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable has the following individual characteristics: (i) the Receivable is secured by a new or used automobile, light duty truck, van or other motor vehicle; (ii) the Receivable had an original term to maturity of not more than 84 months and not less than 24 months and the Receivable has a remaining term to maturity of not less than 3 months; (iii) the Receivable has a scheduled maturity date on or before December 31, 2023; (iv) the Receivable was not more than 30 days past due; (v) the Receivable was not noted in the records of the Servicer as being the subject of any pending bankruptcy or insolvency Proceeding; and (vi) the Receivable is a Simple Interest Receivable. Review Materials Retail Contract Data File Tests

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Fifth Third Auto Trust 2017-1), Asset Representations Review Agreement (Fifth Third Auto Trust 2017-1)

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Individual Characteristics. As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable has the following individual characteristics: (i) the Receivable is secured by a new or used automobile, light duty truck, van or other motor vehicle; (ii) the Receivable had an original term to maturity of not more than 84 months and not less than 24 months and the Receivable has a remaining term to maturity of not less than 3 months; (iii) the Receivable has a scheduled maturity date on or before December 31April 24, 20232026; (iv) the Receivable was not more than 30 days past due; (v) the Receivable was not noted in the records of the Servicer as being the subject of any pending bankruptcy or insolvency Proceeding; and (vi) the Receivable is a Simple Interest Receivable. Review Materials Retail Contract Data File Tests

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Fifth Third Auto Trust 2019-1), Asset Representations Review Agreement (Fifth Third Auto Trust 2019-1)

Individual Characteristics. As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable has the following individual characteristics: (i) the Receivable is secured by a new or used automobile, light duty truck, van or other motor vehicle; (ii) the Receivable had an original term to maturity of not more than 84 months and not less than 24 months and the Receivable has a remaining term to maturity of not less than 3 8 months; (iii) the Receivable has a scheduled maturity date on or before December 31January 14, 2023; 2030, (iv) the Receivable was not more than 30 days past due; (v) the Receivable was not noted in the records of the Servicer as being the subject of any pending bankruptcy or insolvency Proceeding; and (vi) the Receivable is a Simple Interest Receivable. Review Materials Retail Contract Data File Tests

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Fifth Third Auto Trust 2023-1), Asset Representations Review Agreement (Fifth Third Auto Trust 2023-1)

Individual Characteristics. As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable has the following individual characteristics: (i) the Receivable is secured by a new or used automobile, light duty truck, van or other motor vehicle; (ii) the Receivable had an original term to maturity of not more than 84 months and not less than 24 months and the Receivable has a remaining term to maturity of not less than 3 months; (iii) the Receivable has a scheduled maturity date on or before December 31, 2023; (iv) the Receivable was not more than 30 days past due; (v) the Receivable was not noted in the records of the Servicer as being the subject of any pending bankruptcy or insolvency Proceeding; and (vi) the Receivable is a Simple Interest Receivable. Review Materials Retail Contract Data File Tests.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Fifth Third Auto Trust 2017-1), Receivables Sale Agreement (Fifth Third Auto Trust 2017-1)

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Individual Characteristics. As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable has the following individual characteristics: (i) the Receivable is secured by a new or used automobile, light duty truck, van or other motor vehicle; (ii) the Receivable had an original term to maturity of not more than 84 months and not less than 24 months and the Receivable has a remaining term to maturity of not less than 3 8 months; (iii) the Receivable has a scheduled maturity date on or before December 31January 14, 20232030; (iv) the Receivable was not more than 30 days past due; (v) the Receivable was not noted in the records of the Servicer as being the subject of any pending bankruptcy or insolvency Proceeding; and (vi) the Receivable is a Simple Interest Receivable. Review Materials Retail Contract Data File Tests.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Fifth Third Auto Trust 2023-1), Receivables Sale Agreement (Fifth Third Auto Trust 2023-1)

Individual Characteristics. As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable has the following individual characteristics: (i) the Receivable is secured by a new or used automobile, light duty truck, van or other motor vehicle; (ii) the Receivable had an original term to maturity of not more than 84 months and not less than 24 months and the Receivable has a remaining term to maturity of not less than 3 months; (iii) the Receivable has a scheduled maturity date on or before December 31April 24, 20232026; (iv) the Receivable was not more than 30 days past due; (v) the Receivable was not noted in the records of the Servicer as being the subject of any pending bankruptcy or insolvency Proceeding; and (vi) the Receivable is a Simple Interest Receivable. Review Materials Retail Contract Data File Tests.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Fifth Third Auto Trust 2019-1), Receivables Sale Agreement (Fifth Third Auto Trust 2019-1)

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