Common use of Certain Characteristics of the Receivables Clause in Contracts

Certain Characteristics of the Receivables. (A) Each Receivable had a remaining maturity, as of the Cutoff Date, of not less than 3 months and not more than 78 months. (B) Each Receivable had an original maturity, as of the Cutoff Date, of not less than 36 months and not more than 78 months. (C) Each Receivable had a remaining Principal Balance, as of the Cutoff Date, of at least $450 and not more than $60,000. (D) No Receivable was more than 30 days past due as of the Cutoff Date. (E) Each Receivable is denominated in, and each Contract provides for payment in, United States dollars. (F) Each Receivable had an APR of at least 6.00%.

Appears in 27 contracts

Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-5), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-5), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-3)

AutoNDA by SimpleDocs

Certain Characteristics of the Receivables. (A) Each Receivable had a remaining maturity, as of the Cutoff Date, of not less than 3 months and not more than 78 72 months. (B) Each Receivable had an original maturity, as of the Cutoff Date, of not less than 36 months and not more than 78 72 months. (C) Each Receivable had a remaining Principal Balance, as of the Cutoff Date, of at least $450 and not more than $60,000. (D) No Receivable was more than 30 days past due as of the Cutoff Date. (E) Each Receivable is denominated in, and each Contract provides for payment in, United States dollars. (F) Each Receivable had an APR of at least 6.00%.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2021-2), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2021-2), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2021-1)

Certain Characteristics of the Receivables. (A) Each Receivable had a remaining maturity, as of the Cutoff Date, of not less than 3 months and not more than 78 75 months. (B) Each Receivable had an original maturity, as of the Cutoff Date, of not less than 36 months and not more than 78 75 months. (C) Each Receivable had a remaining Principal Balance, as of the Cutoff Date, of at least $450 and not more than $60,000. (D) No Receivable was more than 30 days past due as of the Cutoff Date. (E) Each Receivable is denominated in, and each Contract provides for payment in, United States dollars. (F) Each Receivable had an APR of at least 6.00%.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2021-4), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2021-3), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2021-3)

Certain Characteristics of the Receivables. (A) Each Receivable had a remaining maturity, as of the Cutoff Date, of not less than 3 4 months and not more than 78 months. (B) Each Receivable had an original maturity, as of the Cutoff Date, of not less than 36 months and not more than 78 months. (C) Each Receivable had a remaining Principal Balance, as of the Cutoff Date, of at least $450 and not more than $60,000. (D) No Receivable was more than 30 days past due as of the Cutoff Date. (E) Each Receivable is denominated in, and each Contract provides for payment in, United States dollars. (F) Each Receivable had an APR of at least 6.00%.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-4), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-4)

AutoNDA by SimpleDocs

Certain Characteristics of the Receivables. (A) Each Receivable had a remaining maturity, as of the Cutoff Date, of not less than 3 months 1 month and not more than 78 72 months. (B) Each Receivable had an original maturity, as of the Cutoff Date, of not less than 36 months and not more than 78 72 months. (C) Each Receivable had a remaining Principal Balance, as of the Cutoff Date, of at least $450 and not more than $60,000. (D) No Receivable was more than 30 days past due as of the Cutoff Date. (E) Each Receivable is denominated in, and each Contract provides for payment in, United States dollars. (F) Each Receivable had an APR of at least 6.00%.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2020-3), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2020-3)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!