Common use of Dealer Concentrations Clause in Contracts

Dealer Concentrations. So long as this Series 2000-B shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 2 contracts

Samples: Series Supplement (Carco Auto Loan Master Trust), Series 2000 B Supplement (Carco Auto Loan Master Trust)

AutoNDA by SimpleDocs

Dealer Concentrations. So long as this Series 2000-B 200 _ - _ shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any each Dealer or and each group of affiliated Dealers on such date is greater less than 1.5or equal to % of the Pool Balance (excluding the amount on deposit in the Excess Funding Account, if any) on such date. The Servicer shall promptly provide the Indenture Trustee a report setting forth the basis for such determination. The Indenture Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Series Supplement (Volkswagen Dealer Finance LLC)

Dealer Concentrations. So long as this Series 20001997-B 1 shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Carco Auto Loan Master Trust)

Dealer Concentrations. So long as this Series 20001996-B 2 shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Series Supplement (Carco Auto Loan Master Trust)

Dealer Concentrations. So long as this Series 20001998-B 1 shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Carco Auto Loan Master Trust)

Dealer Concentrations. So long as this Series 2000-B C shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Series Supplement (Carco Auto Loan Master Trust)

Dealer Concentrations. So long as this Series 2000-B [199_-_] shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5[ ]% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.]

Appears in 1 contract

Samples: Pooling and Servicing Agreement Supplement (Carco Auto Loan Master Trust)

Dealer Concentrations. So long as this Series 20001995-B 5 shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Carco Auto Loan Master Trust)

AutoNDA by SimpleDocs

Dealer Concentrations. So long as this Series 20001999-B 1 shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Series Supplement (Carco Auto Loan Master Trust)

Dealer Concentrations. So long as this Series 20002001-B A shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Series 2001 a Supplement (Daimlerchrysler Wholesale Receivables LLC)

Dealer Concentrations. So long as this Series 20001996-B 1 shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any Dealer or group of affiliated Dealers on such date is greater than 1.5% of the Pool Balance on such date. The Servicer shall promptly provide the Trustee a report setting forth the basis for such determination. The Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Series Supplement (Carco Auto Loan Master Trust)

Dealer Concentrations. So long as this Series 2000-B 1 --------------------- shall be outstanding, on the last day of each Collection Period, the Servicer shall determine if the aggregate amount of Principal Receivables due from any each Dealer or and each group of affiliated Dealers on such date is greater less than 1.5or equal to 2% of the Pool Balance (excluding the amount on deposit in the Excess Funding Account, if any) on such date. The Servicer shall promptly provide the Indenture Trustee a report setting forth the basis for such determination. The Indenture Trustee upon request from any Rating Agency will make such report available to such Rating Agency.

Appears in 1 contract

Samples: Series Supplement (Volkswagen Dealer Finance LLC)

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