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.
Appears in 134 contracts
Samples: Receivables Purchase Agreement (Toyota Auto Receivables 2024-C Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2024-C Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2024-C Owner Trust)
No Payment Default. Except for a payment delinquencies that have been continuing for a period of is not more than 29 days, no payment default under the terms of any Receivable exists 30 days Delinquent as of the Cutoff Date, no payment default exists on the Receivable.
Appears in 57 contracts
Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-C), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-C), Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC)
No Payment Default. Except for payment delinquencies payments that have been continuing for a period of are not more than 29 days, no payment default under the terms of any Receivable exists 30 days Delinquent as of the Cutoff Date, no payment defaults exist.
Appears in 47 contracts
Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-A)
No Payment Default. Except for payment delinquencies that have been continuing for a period of not more than 29 [29] days, no payment default under the terms of any Receivable exists as of the Cutoff Date.
Appears in 5 contracts
Samples: Form of Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC), Form of Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC), Form of Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC)
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.. (xii)
Appears in 3 contracts
Samples: Receivables Purchase Agreement, Receivables Purchase Agreement, Receivables Purchase Agreement
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.
Appears in 2 contracts
Samples: Form of Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC), Form of Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC)
