Common use of Receivable in Force Clause in Contracts

Receivable in Force. As of the Cut-Off Date, the Bank’s records related to the Receivables do not indicate that any Receivable was satisfied, subordinated or rescinded or that the related Financed Vehicle was released from the lien granted by the Receivable in whole or in part.

Appears in 9 contracts

Samples: Receivables Sale Agreement (Fifth Third Auto Trust 2023-1), Receivables Sale Agreement (Fifth Third Auto Trust 2023-1), Receivables Sale Agreement (Fifth Third Holdings Funding, LLC)

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Receivable in Force. As of the Cut-Off off Date, neither the Bank’s records related to nor the Receivables do not indicate Receivable Files indicates that any the Receivable was satisfied, subordinated or rescinded or that nor has the related Financed Vehicle was been released from the lien Lien granted by the Receivable in whole or in part.

Appears in 6 contracts

Samples: Purchase Agreement (Usaa Acceptance LLC), Purchase Agreement (Usaa Acceptance LLC), Purchase Agreement (Usaa Acceptance LLC)

Receivable in Force. As of the Cut-Off off Date, neither the Bank’s records related to nor the Receivables do not indicate Receivable Files indicates that any the Receivable was satisfied, subordinated or rescinded or that nor has the related Financed Vehicle was been released from the lien granted by the Receivable in whole or in part.

Appears in 2 contracts

Samples: Purchase Agreement (USAA Auto Owner Trust 2016-1), Purchase Agreement (USAA Auto Owner Trust 2016-1)

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Receivable in Force. As of the Cut-Off off Date, neither the Bank’s Banks records related to nor the Receivables do not indicate Receivable Files indicates that any Receivable was satisfied, subordinated or rescinded or that the related any Financed Vehicle was released from the lien granted by the Receivable in whole or in partReceivable.

Appears in 1 contract

Samples: Purchase Agreement (Usaa Acceptance LLC)

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