Early Payments. The Obligor on the Receivable has made, or will make, the first two monthly payments under such Receivable. Servicing System/Data Tape i) Confirm that there is no indication that the Obligor did not make the first two monthly payments on the Receivable by verifying that the payments made field in the Data Tape is at least two as of the Review Date. ii) If Step i is confirmed, then Test Pass.
Appears in 35 contracts
Samples: Asset Representations Review Agreement (Santander Drive Auto Receivables Trust 2022-4), Asset Representations Review Agreement (Santander Drive Auto Receivables Trust 2022-4), Asset Representations Review Agreement (Santander Drive Auto Receivables Trust 2022-2)
Early Payments. The Obligor on the Receivable has made, or will make, the first two monthly payments under such Receivable. Servicing System/Data Tape
i) Confirm that there is no indication that the Obligor did not make the first two monthly payments on the Receivable by verifying that the payments made field in the Data Tape is at least two as of the Review Date.
ii) If Step i (i) is confirmed, then Test Pass.
Appears in 9 contracts
Samples: Asset Representations Review Agreement (Drive Auto Receivables Trust 2024-2), Asset Representations Review Agreement (Drive Auto Receivables Trust 2024-2), Asset Representations Review Agreement (Drive Auto Receivables Trust 2024-1)
