Common use of Not Delinquent or Liquidating Clause in Contracts

Not Delinquent or Liquidating. As of the Cutoff Date as to each Lease, such Lease was not considered past due; that is, the payments due on such Lease in excess of $25 have been received within 30 days of the payment date and no Lease was a Liquidating Lease Asset.

Not Delinquent or Liquidating. As of the Cutoff Date as to each Lease, such Lease was not considered past due; that is, the payments due on such Lease in excess of $25 25.00 have been received within 30 days of the payment date and no Lease was a Liquidating Lease Asset.