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Common use of One Original Clause in Contracts

One Original. There is only one original executed copy, or “authoritative copy” (as defined in the Relevant UCC), of each Receivable.

Appears in 52 contracts

Sources: Receivables Purchase Agreement (CarMax Auto Owner Trust 2025-4), Receivables Purchase Agreement (CarMax Auto Owner Trust 2025-4), Receivables Purchase Agreement (CarMax Select Receivables Trust 2025-B)

Related Clauses

  • Section 8—Original
  • Section 13—Original
  • Multiple Originals
  • Counterparts; Originals
  • Counterparts and Multiple Originals

Parent Clauses

  • Representations and Warranties
  • Miscellaneous Provisions
  • Miscellaneous
  • Representations and Warranties as to the Receivables
  • Representations and Warranties of the Seller

Sub-Clauses

  • GOVERNING LAW
  • SALE OF ASSET BACKED SECURITIES
  • PRINCIPAL BALANCE
  • A Borrower Good Standing Certificate
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