Paid Ahead. As of the Cutoff Date, any amounts paid ahead on the Receivables have been applied to the Principal Balance of the Receivables, as reflected in the Schedule of Receivables.
Appears in 12 contracts
Samples: Receivables Purchase Agreement (California Republic Funding LLC), Receivables Purchase Agreement (California Republic Auto Receivables Trust 2018-1), Receivables Purchase Agreement (California Republic Auto Receivables Trust 2018-1)
Paid Ahead. As of the Cutoff Date, any amounts paid ahead on the Receivables have been applied to the Principal Balance unpaid principal balance of the Receivables, as reflected in the Schedule of Receivables.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (California Republic Auto Receivables Trust 2015-2), Receivables Purchase Agreement (California Republic Funding LLC), Receivables Purchase Agreement (California Republic Funding LLC)
Paid Ahead. As of the Cutoff Date, any amounts paid ahead on the Receivables have been applied to the Principal Balance of the Receivables, as reflected in the Schedule of Receivables.. Test: Review the Schedule of Receivables and Mechanics Bank’s receivables systems with respect to such Receivable and recalculate the Principal Balance after taking into account all payments received with respect to such Receivable. Representation:
Appears in 2 contracts
Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1)
Paid Ahead. As of the Cutoff Date, any amounts paid ahead on the Receivables have been applied to the Principal Balance of the Receivables, as reflected in the Schedule of Receivables.. Test: Review the Schedule of Receivables and CRB’s receivables systems with respect to such Receivable and recalculate the Principal Balance after taking into account all payments received with respect to such Receivable. Representation:
Appears in 2 contracts
Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1)
