Full Amount Advanced. The full amount of each Receivable has been advanced to each Obligor, and there are no requirements for future advances thereunder. The Obligor with respect to each Receivable does not have any option under the terms of the related Contract to borrow from any person additional funds secured by the Financed Vehicle.
Appears in 13 contracts
Samples: Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc)
Full Amount Advanced. The full amount of each Receivable has been advanced to each Obligor, and there are no requirements for future advances thereunder. The Obligor with respect to each the Receivable does not have any option under the terms of the related Contract Receivable to borrow from any person additional funds secured by the Financed Vehicle.
Appears in 12 contracts
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc), Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Full Amount Advanced. The full amount of each Receivable has been advanced to each Obligor, and there are no requirements for future advances thereunder. The No Obligor with respect to each Receivable does not have has any option under the terms of the related Contract a Receivable to borrow from any person Person additional funds secured by the related Financed Vehicle.
Appears in 7 contracts
Samples: Subsequent Purchase Agreement (Consumer Portfolio Services Inc), Purchase Agreement (Consumer Portfolio Services Inc), CPS Purchase Agreement (Consumer Portfolio Services Inc)
Full Amount Advanced. The full principal amount of each Receivable has been advanced to each Obligor, and there are is no requirements requirement for future advances thereunder. The Obligor with respect to each the Receivable does not have any option under the terms of the related Contract Receivables to borrow from any person additional funds secured by the Financed Vehicle.
Appears in 5 contracts
Samples: Receivables Purchase Agreement (Nal Financial Group Inc), Receivables Purchase Agreement (Nal Financial Group Inc), Execution Copy (Nal Financial Group Inc)
Full Amount Advanced. The full amount of each Receivable has been advanced to each Obligor, and there are no requirements for future advances thereunder. The Obligor with respect to each the Receivable does not have any option under the terms of the related Contract Receivable to borrow from any person Person additional funds secured by the Financed Vehicle.
Appears in 3 contracts
Samples: Origination Agreement (Carvana Co.), Purchase Agreement (Consumer Portfolio Services Inc), Purchase Agreement (Consumer Portfolio Services Inc)
Full Amount Advanced. The full amount of each Receivable has been advanced to each Obligor, and there are no requirements for future advances thereunder. The Obligor with respect to each the Receivable does not have any option under the terms of the related Contract to borrow from any person additional funds secured by the Financed Vehicle.
Appears in 1 contract
