Common use of Receivables in Force Clause in Contracts

Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, nor has any Financed Vehicle been released in whole or in part from the lien granted by the related Receivable.

Appears in 128 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2024-B Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2024-B Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2024-a Owner Trust)

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Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, subordinated or rescinded, nor has any the related Financed Vehicle been released in whole or in part from the lien Lien granted by the related such Receivable.

Appears in 69 contracts

Samples: 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)

Receivables in Force. As of the Cutoff Cut-Off Date, no such Receivable has been satisfied, nor has any subordinated or rescinded, and the Financed Vehicle securing each such Receivable has not been released from the lien of the related Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 18 contracts

Samples: Sale Agreement (Bank of America Auto Receivables Securitization, LLC), Sale Agreement (Bank of America Auto Trust 2010-2), Sale Agreement (Bank of America Auto Trust 2010-2)

Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, subordinated or rescinded, nor has any Financed Vehicle been released from the Lien granted by the related Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 15 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2013-D)

Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, subordinated or rescinded, nor has any Financed Vehicle been released from the Lien granted by the Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 8 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-A)

Receivables in Force. As of the applicable Cutoff Date, no such Receivable has been satisfied, nor has any subordinated or rescinded, and the Financed Vehicle securing each such Receivable has not been released from the lien of the related Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 5 contracts

Samples: Master Purchase and Sale Agreement (Carvana Co.), Master Transfer Agreement (Carvana Co.), Master Transfer Agreement (Carvana Co.)

Receivables in Force. As of the Cutoff Cut-off Date, no Receivable receivable has been satisfied, subordinated, or rescinded, nor has any Financed Vehicle been released in whole or in part from the lien granted by the related ReceivableReceivable in whole or in part.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2003-1), Sale and Servicing Agreement (Bear Stearns Asset Backed Fund Inc Whole Auto Loan Tr 2002-1), Sale and Servicing Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2004-1)

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Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, subordinated or rescinded, nor has any Financed Vehicle been released from the Lien granted by the related Receivable in whole or in part from unless another vehicle has been substituted as collateral securing the lien granted by the related Receivable without any other modification to such Receivable.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bank One Texas National Association), Pooling and Servicing Agreement (Bank One Texas National Association)

Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, subordinated or rescinded, nor has any the related Financed Vehicle been released in whole or in part from the lien Lien granted by the related Receivable.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Carmax Auto Funding LLC), Receivables Purchase Agreement (Carmax Auto Funding LLC)

Receivables in Force. As of the Cutoff Cut-off Date, no Receivable has been satisfied, subordinated, or rescinded, nor has any Financed Vehicle been released in whole or in part from the lien granted by the related ReceivableReceivable in whole or in part.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Bear Stearns Asset Backed Fund Inc Whole Auto Loan Tr 2002-1)

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