Scheduled Payments. (A) Each Standard Receivable and Fixed Value Receivable has a first scheduled due date on or prior to the end of the month following the related Cutoff Date and (B) no Standard Receivable or Fixed Value Receivable has a payment that is more than 30 days overdue as of the related Cutoff Date, and has a final scheduled payment date no later than the Final Scheduled Maturity Date.
Appears in 36 contracts
Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2008-B), Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2008-A), Sale and Servicing Agreement (DaimlerChrysler Auto Trust 2007-A)
Scheduled Payments. (A) Each Standard Receivable and Fixed Value Receivable has a first scheduled due date on or prior to the end of the month following the related Cutoff Date and (B) no Standard Receivable or Fixed Value Receivable has a payment that is more than 30 days overdue as of the related Cutoff Date, and has a final scheduled payment date no later than the Final Scheduled Maturity Date.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Chrysler Financial Auto Securitization Trust 2009-A), Sale and Servicing Agreement (Premier Auto Trust 1998-2), Sale and Servicing Agreement (World Omni Auto Receivables LLC)
Scheduled Payments. (A) Each Standard Receivable and Fixed Value Receivable has a first scheduled due date on or prior to the end of the month following the related Cutoff Cut-off Date and (B) no Standard Receivable or Fixed Value Receivable has a payment that is more than 30 days overdue as of the related Cutoff Cut-off Date, and has a final scheduled payment date no later than [ ] [the Final Scheduled Maturity Payment Date].
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Bear Stearns Asset Backed Funding Inc), Receivables Purchase Agreement (Ml Asset Backed Corp), Receivables Purchase Agreement (Bear Stearns Asset Backed Funding Ii Inc)
Scheduled Payments. (A) Each Standard Receivable and Fixed Value Receivable has a first Scheduled Payment due, in the case of Precomputed Receivables, or a scheduled due date date, in the case of Simple Interest Receivables, on or prior to the end of the month following the related Cutoff Date and (B) no Standard Receivable or Fixed Value Receivable has a payment that is more than 30 days overdue as of the related Cutoff Date, and has a final scheduled payment date no later than the Final Scheduled Maturity Date.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Premier Auto Trust 1996-4)
Scheduled Payments. (Aa) Each Standard Receivable and Fixed Value Receivable has a first scheduled due date on or prior to the end of the month following the related Cutoff Date and (Bb) no Standard Receivable or Fixed Value Receivable has a payment that is more than 30 90 days overdue as of the related Cutoff Date, and has a final scheduled payment date no later than the Final Scheduled Maturity Date.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (World Omni Auto Receivables LLC)
