Common use of Current in Payment Clause in Contracts

Current in Payment. As of the Subsequent Transfer Date, each Subsequent Contract is no more than 30 days delinquent in payment as to all or any portion of any installment of Monthly P&I.

Appears in 3 contracts

Samples: First Tier Subsequent Assignment (WFS Financial 2005-3 Owner Trust), First Tier Subsequent Assignment (WFS Financial 2004-3 Owner Trust), First Tier Subsequent Assignment (WFS Financial 2005-2 Owner Trust)

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Current in Payment. As of the (A) Closing Date (with respect to each Initial Contract) and (B) related Subsequent Transfer DateDate (with respect to each related Subsequent Contract), each Subsequent such Contract is no more than 30 days delinquent in payment as to all or any portion of any installment of Monthly P&I.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (WFS Financial 2005-3 Owner Trust), Sale and Servicing Agreement (WFS Financial 2005-2 Owner Trust), Sale and Servicing Agreement (WFS Receivables Corp 3)

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