Common use of Receivable in Force Clause in Contracts

Receivable in Force. As of the Cut-Off Date, neither the Seller’s nor the Servicer’s records related to the Receivable indicate that the Receivable has been satisfied, subordinated or rescinded or that the related Financed Vehicle been released from the lien granted by the Receivable in whole or in part.

Receivable in Force. As of the Cut-Off Date, neither the Seller’s nor the Servicer’s records related to the Receivable indicate that the such Receivable has been satisfied, subordinated or rescinded or that the related Financed Vehicle been released from the lien granted by the such Receivable in whole or in part.