ORIGINAL MATURITY Sample Clauses

ORIGINAL MATURITY. Each Receivable, and the Receivables as a whole, had original maturities with the parameters represented and warranted to by ARFC in the related Warehousing Document or Securitization Document. If represented and warranted to by ARFC in the related Securitization Document or Warehousing Document, each Receivable with an original maturity of greater than 72 months is secured by a Financed Vehicle that is a new automobile or an automobile that is less than one year old. If applicable, no more than the percentage specified in the applicable Warehousing Document or Securitization Document of the Receivables are Classic Receivables, or satisfy any other applicable categorization with respect to Receivable type.
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ORIGINAL MATURITY. Each Receivable, and the Receivables as a whole, had original maturities with the parameters represented and warranted to by ORFC in the related Warehousing Document or Securitization Document. If represented and warranted to by ORFC in the related Securitization Document or Warehousing Document, each Receivable with an original maturity of greater than 72 months is secured by a Financed Vehicle that is a new automobile or an automobile that is less than one year old. If applicable, no more than the percentage specified in the applicable Warehousing Document or Securitization Document of the Receivables are Classic Receivables or are secured by Financed Vehicles that are financed repossessions, or satisfy any other applicable categorization with respect to Receivable type.
ORIGINAL MATURITY. Each Receivable had an original maturity of at least 12 months but not more than 84 months and no more than 10% of the Receivables had an original maturity of greater than 72 months. Each Receivable with an original maturity of greater than 72 months is secured by a Financed Vehicle that is a new automobile or an automobile that is less than one year old. No more than 80% of the aggregate outstanding Principal Balance of the Receivables are Classic Receivables.

Related to ORIGINAL MATURITY

  • Final Maturity The Stated Maturity Date for any Note will be the date so specified in the Supplement, which shall be no later than 397 days from the date of issuance. On its Stated Maturity Date, or any date prior to the Stated Maturity Date on which the particular Note becomes due and payable by the declaration of acceleration, each such date being referred to as a Maturity Date, the principal amount of each Note, together with accrued and unpaid interest thereon, will be immediately due and payable.

  • Final Maturity Date 23 Fitch.........................................................................................23

  • Original Terms to Maturity The original term to maturity of substantially all of the Mortgage Loans included in the Mortgage Pool shall be between 20 and 30 years.

  • Maturity Dates Unless previously terminated in accordance with the terms of this Agreement, the Commitments shall terminate on the Maturity Date.

  • Term to Maturity Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

  • Maturity Date This Agreement shall continue in effect until the maturity date set forth on the Schedule (the "Maturity Date"), subject to Section 6.3 below.

  • Extension of the Maturity Date (a) Borrower shall have the option to extend the term of the Loan beyond the Initial Maturity Date for one year, until the First Extended Maturity Date, upon satisfaction of the following terms and conditions:

  • Post-Maturity Rates After the date any principal amount of any Loan is due and payable (whether on the Revolving Commitment Termination Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrower shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Base Rate plus a margin of 2.00%.

  • Interest After Maturity Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to time.

  • Payment on Maturity Date Borrower shall pay to Lender on the Maturity Date the outstanding principal balance of the Loan, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Mortgage and the other Loan Documents.

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