Common use of Excluded Loans Clause in Contracts

Excluded Loans. Each Receivable (A) is not a Receivable whose related Obligor resides in the State of Alabama (in the case of a Direct Receivable) or a Receivable originated by or through a Dealer located in the State of Alabama (in the case of a Dealer Receivable), and (B) has not been the subject of a previous securitization; and

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Chase Manhattan Bank Usa National Association), Form of Sale and Servicing Agreement (Chase Manhattan Bank Usa National Association), Sale and Servicing Agreement (Chase Manhattan Auto Owner Trust 1998-C)

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Excluded Loans. Each Receivable (A) is not a Receivable whose related Obligor resides in the State of Alabama (in the case of a Direct Receivable) or a Receivable originated by or through a Dealer located in the State of Alabama (in the case of a Dealer Receivable), and (B) has not been the subject of a previous securitization; and.]

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Chase Manhattan Bank Usa)

Excluded Loans. Each Receivable (A) is not a Receivable whose related Obligor resides in the State of Alabama (in the case of a Direct Receivable) or a Receivable originated by or through a Dealer located in the State of Alabama (in the case of a Dealer Receivable), and (B) has not been the subject of a previous securitization; ;] and

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chase Manhattan Bank Usa)

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Excluded Loans. Each Receivable (A) is not a Receivable whose related Obligor resides in the State of Alabama (in the case of a Direct Receivable) or a Receivable originated by or through a Dealer located in the State of Alabama (in the case of a Dealer Receivable), and (B) has not been the subject of a previous securitization; and

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chase Manhattan Bank Usa)

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