Common use of No Default; Repossession Clause in Contracts

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation or event permitting acceleration under the terms of any Receivable has arisen; and the Seller shall not waive and has not waived any of the foregoing; and no Financed Vehicle shall have been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation violation, or event permitting acceleration under the terms of any Receivable has arisen; and neither the Seller nor Samco shall not waive and neither has not waived any of the foregoing; and no Financed Vehicle shall have been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation violation, or event permitting acceleration under the terms of any Receivable has arisen; and the Seller shall not waive and has not waived any of the foregoing; and no Financed Vehicle shall have been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies defaults continuing for a period of not more than thirty days as of the Cutoff Date, to the best of the Seller's knowledge, no default, breach, violation violation, or event permitting acceleration under the terms of any Receivable, and no event 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 occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation or event permitting acceleration under the terms of any Receivable has arisen; and the Seller shall not waive and has not waived any of the foregoing; and no Financed Vehicle shall have been was repossessed as of on or prior to the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Eligible Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation or event permitting acceleration under the terms of any Eligible Receivable has arisen; and the Seller shall not waive and has not waived any of the foregoing; and no Financed Vehicle shall have been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation violation, or event permitting acceleration under the terms of any Receivable has arisen; and none of the Seller Seller, Samco or Linc shall not waive and none of the three has not waived any of the foregoing; and no Financed Vehicle shall have been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more less than thirty 31 days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation violation, or event permitting acceleration under the terms of any Receivable has arisen; and the Seller shall not waive and has not waived any of the foregoing; and no related Financed Vehicle shall have has been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty [thirty] days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation or event permitting acceleration under the terms of any Receivable has arisen; and the Seller shall not waive and has not waived any of the foregoing; and no Financed Vehicle shall have been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more less than thirty 31 days as of the applicable Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation violation, or event permitting acceleration under the terms of any Receivable has arisen; and the Seller Borrower shall not waive and has not waived any of the foregoing; and no related Financed Vehicle shall have has been repossessed as of the Cutoff Daterepossessed.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty twenty-nine days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation violation, or event permitting acceleration under the terms of any Receivable has arisen; and neither the Servicer nor any Seller shall not waive and waive, or has not waived waived, any of the foregoing; and no Financed Vehicle shall have been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty days as of the applicable Cutoff Date, (A) no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; , and (B) no continuing condition that with notice or the lapse of time would constitute a default, breach, violation or event permitting acceleration under the terms of any Receivable has arisen; and the such Seller shall not waive and has not waived any of the foregoing; and no Financed Vehicle shall have been repossessed as of the applicable Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more less than thirty 31 days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation violation, or event permitting acceleration under the terms of any Receivable has arisen; and the Seller shall not waive and has not waived any of the foregoing; and no related Financed Vehicle shall have has been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty twenty-nine days as of the Cutoff Date, no default, breach, B-5 112 violation or event permitting acceleration under the terms of any Receivable has occurred; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation violation, or event permitting acceleration under the terms of any Receivable has arisen; and neither the Servicer nor any Seller shall not waive and waive, or has not waived waived, any of the foregoing; and no Financed Vehicle shall have been repossessed as of the Cutoff Date.

No Default; Repossession. Except for payment delinquencies continuing for a period of not more than thirty twenty-nine days (calculated on the basis of a 360-day year of twelve 30-day months), as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Receivable has occurredoccurred and not been cured; and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation violation, or event permitting acceleration under the terms of any Receivable has arisen; and the Seller LBAC shall not waive and has not waived any of the foregoing; and no Financed Vehicle shall have been repossessed as of the Cutoff Date.