Common use of No Default; No Waiver Clause in Contracts

No Default; No Waiver. Except for payment delinquencies continuing for a period of not more than 29 days as of the Cut-Off Date or the failure of the Obligor to maintain physical damage insurance covering the related Financed Vehicle in accordance with the requirements of the Receivable, the records of the Servicer did not disclose that any default, breach, violation or event permitting acceleration under the terms of the Receivable existed as of the Cut-Off Date. Receivable File Servicing System/Data Tape

Appears in 9 contracts

Samples: Asset Representations Review Agreement (Capital One Prime Auto Receivables Trust 2023-2), Asset Representations Review Agreement (Capital One Prime Auto Receivables Trust 2023-2), Asset Representations Review Agreement (Capital One Prime Auto Receivables Trust 2022-2)

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No Default; No Waiver. Except for payment delinquencies continuing for a period of not more than 29 [ ] days as of the Cut-Off Date or the failure of the Obligor to maintain physical damage insurance covering the related Financed Vehicle in accordance with the requirements of the Receivable, the records of the Servicer did not disclose that any default, breach, violation or event permitting acceleration under the terms of the Receivable existed as of the Cut-Off Date. Receivable File Servicing System/Data Tape

Appears in 1 contract

Samples: Asset Representations Review Agreement (Capital One Auto Receivables LLC)

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