Common use of Last Scheduled Payments Clause in Contracts

Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables, as a percentage of the Initial Pool Balance as of the Cutoff Date, shall be not greater than 10.00%.

Appears in 6 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-1), Sale and Servicing Agreement (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001 2)

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Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables, as a percentage of the Initial Pool Balance as of the Cutoff Date, shall be not greater than 10.0015.2%.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3)

Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables, as a percentage of the Initial Pool Balance as of the Cutoff Date, shall be not greater than 10.0040.92%.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-4), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-4)

Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables, as a percentage of the Initial Pool Balance as of the Cutoff Date, shall be not greater than 10.00[ ]%.

Appears in 1 contract

Samples: Purchase Agreement (Mmca Auto Owner Trust 2001-4)

Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables, as a percentage of the Initial Pool Balance as of the Cutoff Date, shall be not greater than 10.0040.92%.

Appears in 1 contract

Samples: Purchase Agreement (Mmca Auto Owner Trust 2001-4)

Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of the Final Payment Receivables, Receivables as a percentage of the Initial Pool Balance as of the Initial Cutoff Date, Date and the Pool Balance as of each Subsequent Cutoff Date shall not be not greater than 10.0026.0%.. (xxx)

Appears in 1 contract

Samples: Purchase Agreement (Mmca Auto Receivables Inc)

Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables, Receivables that are Initial Receivables as a percentage of the Initial Pool Balance as of the Initial Cutoff Date, Date shall be not greater than 10.0026%. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables that are Subsequent Receivables as a percentage of the aggregate principal amount of such Subsequent Receivables as of the related Subsequent Cutoff Date shall be not greater than 26%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Trust)

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Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of the Final Payment Receivables, Receivables as a percentage of the Initial Pool Balance as of the Initial Cutoff Date, Date and the Pool Balance as of each Subsequent Cutoff Date shall not be not greater than 10.0026.0%.. (xxxi)

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Inc)

Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables that are Initial Receivables, as a percentage of the Initial Pool Balance as of the Initial Cutoff Date, shall be not greater than 10.0026%. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables that are Subsequent Receivables, as a percentage of the aggregate principal amount of such Subsequent Receivables as of the related Subsequent Cutoff Date, shall be not greater than 26%.

Appears in 1 contract

Samples: Purchase Agreement (Mmca Auto Receivables Trust)

Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables, as a percentage of the Initial Pool Balance as of the Cutoff Date, shall be not greater than 10.00[ ]%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-4)

Last Scheduled Payments. The aggregate principal balance of the Last Scheduled Payments of Final Payment Receivables, as a percentage of the Initial Pool Balance as of the Cutoff Date, shall be not greater than 10.00%[10.00]%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-1)

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