No Payment Default. Except for payment delinquencies that have been continuing for a period of not more than 29 days, no payment default under the terms of any Receivable exists as of the Cutoff Date.
No Payment Default. Except for payment delinquencies that have been continuing for a period of not more than 29 days, no payment default under the terms of any Receivable exists as of the Cutoff Date. Test 11-1: Delinquency Observe TMCC’s Data Tape and confirm the Receivable was not more than 29 days delinquent as of the Cutoff Date.
No Payment Default. Except for a payment that is not more than 30 days Delinquent as of the Cutoff Date, no payment default exists on the Lease.
No Payment Default. No Event of Default or Potential Event of ------------------ Default (whether matured or not) shall have occurred under Section 7.1.
No Payment Default. Except for a payment that is not more than 30 days Delinquent as of the Cutoff Date, no payment default exists on the Lease. Test 3.3(u) — 1: No Payment Default Observe the Lease account in Ford Credit’s receivables systems and confirm the Lease was not more than 30 days Delinquent as of the Cutoff Date.
No Payment Default. The Issuer is not in payment default under debt for borrowed money in excess of U.S.$50,000,000.
No Payment Default. 54 D. No Acceleration of New PRIMESTAR Senior Credit Facility or Existing Notes........................................................................... 54 E.