Common use of Delinquencies; No Payment Default Clause in Contracts

Delinquencies; No Payment Default. As of the 20[__]-[_] Cutoff Date, none of the 20[__]-[_] Leases is Delinquent by more than 30 days. As of the 20[__]-[_] Cutoff Date, none of the 20[__]-[_] Leases is a Defaulted Lease. Review Materials - Data tape Procedures to be Performed

Appears in 2 contracts

Samples: Review Agreement (Daimler Trust), Review Agreement (Daimler Trust)

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Delinquencies; No Payment Default. As of the 20[__]-[_] Cutoff Date, none of the 20[__]-[_] Leases is Delinquent by more than 30 days. As of the 20[__]-[_] Cutoff Date, none of the 20[__]-[_] Leases is a Defaulted Lease. Review Materials - Data tape Procedures to be Performed.

Appears in 2 contracts

Samples: Titling Trust Agreement (Daimler Trust), Collateral Agency Agreement (Daimler Trust)

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