Common use of No Default; Delinquency Limitations Clause in Contracts

No Default; Delinquency Limitations. No Receivable is a non-performing Receivable or has a payment that is more than 90 days overdue as of the Cutoff Date and, except for a payment default continuing for a period of not more than 90 days, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred and is continuing; and no continuing condition (other than a payment default continuing for a period of not more than 90 days) that with notice or the lapse of time would constitute such a default, breach, violation or event permitting acceleration under the terms of any Receivable has arisen; and CNHICA has not waived any of the foregoing. Documents Receivable File CNH Computer System Information

Appears in 31 contracts

Samples: Asset Representations Review Agreement (CNH Equipment Trust 2024-C), Asset Representations Review Agreement (CNH Equipment Trust 2024-C), Asset Representations Review Agreement (CNH Equipment Trust 2024-A)

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No Default; Delinquency Limitations. No Receivable is a non-performing Receivable or has a payment that is more than 90 days overdue as of the Cutoff Date and, except for a payment default continuing for a period of not more than 90 days, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred and is continuing; and no continuing condition (other than a payment default continuing for a period of not more than 90 days) that with notice or the lapse of time would constitute such a default, breach, violation or event permitting acceleration under the terms of any Receivable has arisen; and CNHICA has not waived any of the foregoing. Documents Receivable File CNH Computer System InformationInformation Procedures to be Performed

Appears in 8 contracts

Samples: Asset Representations Review Agreement (CNH Equipment Trust 2024-B), Asset Representations Review Agreement (CNH Equipment Trust 2024-B), Asset Representations Review Agreement (CNH Equipment Trust 2023-B)

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No Default; Delinquency Limitations. No Receivable is a non-performing Receivable or has a payment that is more than 90 days overdue as of the Cutoff Date and, except for a payment default continuing for a period of not more than 90 days, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred and is continuing; and no continuing condition (other than a payment default continuing for a period of not more than 90 days) that with notice or the lapse of time would constitute such a default, breach, violation or event permitting acceleration under the terms of any Receivable has arisen; and CNHICA has not waived any of the foregoing. Documents Receivable File CNH Computer System InformationInformation Schedule B-7 Procedures to be Performed

Appears in 8 contracts

Samples: Asset Representations Review Agreement (CNH Equipment Trust 2017-C), Asset Representations Review Agreement (CNH Equipment Trust 2017-C), Asset Representations Review Agreement (CNH Equipment Trust 2017-B)

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