Common use of Normal Course of Business Clause in Contracts

Normal Course of Business. The Receivables were acquired by the Seller in accordance with its normal underwriting procedures. Retail Note Contract and other transaction documents Receivable File i) Review in a periodic risk based audit completed by John Deere Financial of the automated system that creates the Contract and confirm the contract form number and revision date are correct and on the approved list of contract forms as of the origination date ii) If (i) is confirmed then Test Pass.

Appears in 24 contracts

Samples: Asset Representations Review Agreement (John Deere Owner Trust 2022), Asset Representations Review Agreement (John Deere Owner Trust 2022), Asset Representations Review Agreement (John Deere Owner Trust 2021-B)

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Normal Course of Business. The Receivables were acquired by the Seller in accordance with its normal underwriting procedures. Retail Note Contract and other transaction documents Receivable File i) Review in a periodic risk based audit completed by John Deere Xxxx Xxxxx Financial of the automated system that creates the Contract and confirm the contract form number and revision date are correct and on the approved list of contract forms as of the origination date ii) If (i) is confirmed then Test Pass.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (John Deere Owner Trust 2019-B), Asset Representations Review Agreement (John Deere Owner Trust 2019-B), Asset Representations Review Agreement (John Deere Receivables LLC)

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Normal Course of Business. The Receivables were acquired by the Seller in accordance with its normal underwriting procedures. Retail Note Contract and other transaction documents Receivable File i) Review in a periodic risk based audit completed by John Xxxx Deere Financial of the automated system that creates the Contract and confirm the contract form number and revision date are correct and on the approved list of contract forms as of the origination date ii) If (i) is confirmed then Test Pass.

Appears in 1 contract

Samples: Asset Representations Review Agreement (John Deere Receivables, Inc.)

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