Common use of Maturity of Subsequent Receivables Clause in Contracts

Maturity of Subsequent Receivables. Each Subsequent Receivable has an original term to maturity of not less than [__] months and not more than [__] months; the weighted average original term to maturity of the Subsequent Receivables is [___] months as of the Subsequent Cutoff Date; the remaining term to maturity of each Subsequent Receivable was __ months or less as of the Subsequent Cutoff Date; the weighted average remaining term to maturity of the Subsequent Receivables was [___] months as of the Subsequent Cutoff Date.

Appears in 11 contracts

Samples: Sale and Servicing Agreement (Long Beach Acceptance Receivables Corp. II), Sale and Servicing Agreement (Long Beach Acceptance Auto Receivables Trust 2005-A), Sale and Servicing Agreement (Long Beach Acceptance Auto Receivables Trust 2005-B)

AutoNDA by SimpleDocs

Maturity of Subsequent Receivables. Each Subsequent Receivable has an original term to maturity of not less than [__] 12 months and not more than [__72] months; the weighted average original term to maturity of the Subsequent Receivables is [___] months as of the Subsequent Cutoff Date; the remaining term to maturity of each Subsequent Receivable was __ months or less as of the Subsequent Cutoff Date; the weighted average remaining term to maturity of the Subsequent Receivables was [___] months as of the Subsequent Cutoff Date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Long Beach Holdings Corp), Pooling and Servicing Agreement (Long Beach Holdings Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!