Common use of Financed Vehicle Clause in Contracts

Financed Vehicle. a. Review the “Year”, “Make” and “Model” sections of the Retail Sale Contract and confirm that the Financed Vehicle constitutes a new or used automobile, light-duty truck, SUV or van. b. Review Data Tape to confirm the Financed Vehicle was not in a repossessed status as of the Cut Off Date.

Appears in 10 contracts

Samples: Asset Representations Review Agreement (Bridgecrest Lending Auto Securitization Trust 2024-4), Asset Representations Review Agreement (Bridgecrest Lending Auto Securitization Trust 2024-4), Asset Representations Review Agreement (Bridgecrest Lending Auto Securitization Trust 2024-3)

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Financed Vehicle. a. Review the “Year”, “Make” and “Model” sections of the Retail Sale Contract and confirm that the Financed Vehicle constitutes a new or used automobile, light-duty truck, SUV minivan or vansport utility vehicle. b. Review Data Tape to confirm Confirm that the records of the Servicer do not show that the Financed Vehicle was not in a has been repossessed status without reinstatement of the related Contract as of the Cut Off Cutoff Date.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Carvana Auto Receivables Trust 2024-P2), Asset Representations Review Agreement (Carvana Auto Receivables Trust 2024-P2), Asset Representations Review Agreement (Carvana Auto Receivables Trust 2024-P4)

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