Common use of Remaining Principal Balance Clause in Contracts

Remaining Principal Balance. At the [Initial] Cutoff Date [or the Subsequent Cutoff Date, as applicable,] the Principal Balance of each Receivable set forth in the Schedule[s] of Receivables is true and accurate in all material respects.

Appears in 3 contracts

Sources: Purchase Agreement (AFS SenSub Corp.), Purchase Agreement (AFS Funding Trust), Purchase Agreement (AFS SenSub Corp.)

Remaining Principal Balance. At the [Initial] Cutoff Date [or the Subsequent Cutoff Date, as applicable,] the Principal Balance of each Receivable set forth in the Schedule[s] Schedules of Receivables is true and accurate in all material respects.

Appears in 1 contract

Sources: Sale and Servicing Agreement (AFS Funding Trust)