(e) — Insurance. The Receivable requires the Obligor to have physical damage Insurance covering the Financed Vehicle. Test 3.3(e) — 1: Insurance Review the Contract and confirm it contains an agreement from the Obligor to insure against loss of or risk to the Financed Vehicle.
Appears in 21 contracts
Samples: Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2022-A), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2022-A), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2021-A)
(e) — Insurance. The Receivable requires the Obligor to have physical damage Insurance covering the Financed Vehicle. Test 3.3(e) — – 1: Insurance Review the Contract and confirm it contains an agreement from the Obligor to insure against loss of or risk to the Financed Vehicle.
Appears in 20 contracts
Samples: Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-B), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-A), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-A)
(e) — Insurance. The Receivable requires the Obligor to have physical damage Insurance covering the Financed Vehicle. Test 3.3(e) — 1: Insurance Review Observe the Contract and confirm it contains there is an agreement from the Obligor to insure against loss of or risk to the Financed Vehicle. If confirmed, it will be a Test Pass.
Appears in 2 contracts
Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC), Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)
(e) — Insurance. The Receivable requires the Obligor to have physical damage Insurance covering the Financed Vehicle. Test 3.3(e) — 1: Insurance Review Observe the Contract and confirm it contains there is an agreement from the Obligor to insure against loss of or risk to the Financed Vehicle.
Appears in 2 contracts
Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC), Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)
(e) — Insurance. The Receivable requires the Obligor to have physical damage Insurance covering the Financed Vehicle. Test 3.3(e) — 1: Insurance Review the Contract and confirm it contains an agreement from the Obligor to insure against loss of or risk to the Financed Vehicle.. Section 3.3(f) — Compliance with Underwriting Procedures. The Receivable was underwritten Test 3.3(f) — 1: Contract Form Observe the form number and revision date on the Contract and confirm they Representation and Warranty (Section references are to the Receivables Purchase Agreement) Tests
Appears in 2 contracts
Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC), Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)
(e) — Insurance. The Receivable requires the Obligor to have physical damage Insurance covering the Financed Vehicle. Test 3.3(e) — – 1: Insurance Review the Contract and confirm it contains an agreement from the Obligor to insure against loss of or risk to the Financed Vehicle.. Section 3.3(f) – Compliance with Underwriting Procedures. The Receivable was underwritten Test 3.3(f) – 1: Contract Form Observe the form number and revision date on the Contract and confirm they Representation and Warranty (Section references are to the Receivables Purchase Agreement) Tests
Appears in 1 contract
Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)
