Maturity of Receivables. Each Receivable has an original maturity of not greater than 72 months; provided that the first month of the Receivable may consist of up to 45 days as a result of the monthly due date selected by the Obligor in accordance with the Credit and Collection Policy.
Appears in 31 contracts
Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2013-D)
Maturity of Receivables. Each Receivable has an original maturity of not greater than 72 months; provided that the first month of the Receivable may consist of include up to 45 days as a result of the monthly due date selected by the Obligor in accordance with the Credit and Collection Policy.
Appears in 8 contracts
Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-A)
Maturity of Receivables. Each Receivable has an original maturity of not greater than 72 months; , provided that the first month of the Receivable may consist of up to 45 days as a result of the monthly due date selected by the Obligor in accordance with the Credit Ford Credit's policies and Collection Policyprocedures.
Appears in 7 contracts
Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2006-A), Purchase Agreement (Ford Credit Auto Owner Trust 2007-B), Purchase Agreement (Ford Credit Auto Owner Trust 2007-A)
Maturity of Receivables. Each Receivable has shall have an original term to stated maturity of at least 12 months and not greater more than 72 months; provided that the first month of the Receivable may consist of up to 45 days as a result of the monthly due date selected by the Obligor in accordance with the Credit and Collection Policy.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (Chevy Chase Bank FSB), Sale and Servicing Agreement (Chevy Chase Bank FSB), Sale and Servicing Agreement (Chevy Chase Bank FSB)
Maturity of Receivables. Each Receivable has an original maturity of not greater than 72 months; , provided that the first month of the Receivable may consist of up to 45 days as a result of the monthly due date selected by the Obligor in accordance with the Credit and Creditand Collection Policy.
Appears in 1 contract
Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2008-A)