Receivable Files Complete. There exists a Receivable File pertaining to each Receivable. Related documentation concerning the Receivable, including any documentation regarding modifications of the Contract, will be maintained electronically by the Servicer in accordance with customary policies and procedures. With respect to any Receivables that are tangible chattel paper, the complete Receivable File for each Receivable currently is in the possession of the Custodian. Receivable File Modification Agreements (if applicable) A. Confirm the Receivable File is Completed; i. Review Receivable and confirm that there is a corresponding Receivable File. ii. Verify all related documents concerning the Receivable are maintained electronically by the Servicer. iii. If any Receivables are “tangible chattel paper,” confirm the Custodian has the complete Receivable File for each Receivable. B. If step A is confirmed, then Test Pass.
Appears in 14 contracts
Samples: Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2021-3), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2021-3), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2021-1)
Receivable Files Complete. There exists a Receivable File pertaining to each Receivable. Related documentation concerning the Receivable, including any documentation regarding modifications of the Contract, will be maintained electronically by the Servicer in accordance with customary policies and procedures. With respect to any Receivables that are tangible chattel paper, the complete Receivable File for each Receivable currently is in the possession of the Custodian. Receivable File Modification Agreements (if applicable)
A. A) Confirm the Receivable File is Completed;
i. i) Review Receivable and confirm that there is a corresponding Receivable File.
ii. ) Verify all related documents concerning the Receivable are maintained electronically by the Servicer.
iii. ) If any Receivables are “tangible chattel paper,” confirm the Custodian has the complete Receivable File for each Receivable.
B. B) If step A is tests (i), (ii) and (iii) are confirmed, then Test Passtest passes.
Appears in 10 contracts
Samples: Asset Representations Review Agreement (AFS SenSub Corp.), Asset Representations Review Agreement (AFS SenSub Corp.), Asset Representations Review Agreement (AFS SenSub Corp.)
Receivable Files Complete. There exists a Receivable File pertaining to each Receivable. Related documentation concerning the Receivable, including any documentation regarding modifications of the Contract, will be maintained electronically by the Servicer in accordance with customary policies and procedures. With respect to any Receivables that are “tangible chattel paper”, the complete Receivable File for each Receivable currently is in the possession of the Custodian. Receivable File Modification Agreements (if applicable)
A. Confirm the Receivable File is Completed;
i. Review Receivable and confirm that there is a corresponding Receivable File.
ii. Verify all related documents concerning the Receivable are maintained electronically by the Servicer.
iii. If any Receivables are “tangible chattel paper,” confirm the Custodian has the complete Receivable File for each Receivable.
B. If step A (A) is confirmed, then Test Pass.
Appears in 7 contracts
Samples: Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2024-1), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2024-1), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2022-2)
Receivable Files Complete. There exists a Receivable File pertaining to each Receivable. Related documentation concerning the Receivable, including any documentation regarding modifications of the Contract, will be maintained electronically by the Servicer in accordance with customary policies and procedures. With respect to any Receivables that are “tangible chattel paper”, the complete Receivable File for each Receivable currently is in the possession of the Custodian. Receivable File Modification Agreements (if applicable)
A. Confirm the Receivable File is Completed;
i. Review Receivable and confirm that there is a corresponding Receivable File.
ii. Verify all related documents concerning the Receivable are maintained electronically by the Servicer.
iii. If any Receivables are “tangible chattel paper,” confirm the Custodian has the complete Receivable File for each Receivable.
B. If step A is confirmed, then Test Pass.
Appears in 4 contracts
Samples: Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2025-1), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2025-1), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2023-4)
Receivable Files Complete. There exists a Receivable File pertaining to each Receivable. Related documentation concerning the Receivable, including any documentation regarding modifications of the Contract, will be maintained electronically by the Servicer in accordance with customary policies and procedures. With respect to any Receivables that are tangible chattel paper, the complete Receivable File for each Receivable currently is in the possession of the Custodian. Receivable File Modification Agreements (if applicable)
A. Confirm the Receivable File is Completed;
i. Review Receivable and confirm that there is a corresponding Receivable File.
ii. Verify all related documents concerning the Receivable are maintained electronically by the Servicer.
iii. If any Receivables are “tangible chattel paper,” confirm the Custodian has the complete Receivable File for each Receivable.
B. If step A (A) is confirmed, then Test Pass.
Appears in 3 contracts
Samples: Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2020-3), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2020-1), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2020-1)
Receivable Files Complete. There exists a Receivable File pertaining to each Receivable. Related documentation concerning the Receivable, including any documentation regarding modifications of the Contract, will be maintained electronically by the Servicer in accordance with customary policies and procedures. With respect to any Receivables that are tangible chattel paper, the complete Receivable File for each Receivable currently is in the possession of the Custodian. Receivable File Modification Agreements (if applicable)
A. Confirm the Receivable File is Completed;
i. Review Receivable and confirm that there is a corresponding Receivable File.
ii. Verify all related documents concerning the Receivable are maintained electronically by the Servicer.
iii. If any Receivables are “tangible chattel paper,” confirm the Custodian has the complete Receivable File for each Receivable.
B. If step A is tests (i), (ii) and (iii) are confirmed, then Test Passtest passes.
Appears in 2 contracts
Samples: Asset Representations Review Agreement (AFS SenSub Corp.), Asset Representations Review Agreement (AFS SenSub Corp.)