Common use of Receivables in Force Clause in Contracts

Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, nor has any Financed Vehicle been released in whole or in part from the lien granted by the related Receivable.

Appears in 134 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2024-D Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2024-D Owner Trust), Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC)

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Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, subordinated or rescinded, nor has any the related Financed Vehicle been released in whole or in part from the lien Lien granted by the related such Receivable.

Appears in 76 contracts

Samples: Receivables Purchase Agreement (Carmax Auto Funding LLC), Receivables Purchase Agreement (CarMax Auto Owner Trust 2024-4), Receivables Purchase Agreement (Carmax Auto Funding LLC)

Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, subordinated or rescinded, nor has any Financed Vehicle been released from the Lien granted by the related Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 15 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2013-D)

Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, subordinated or rescinded, nor has any Financed Vehicle been released from the Lien granted by the Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 8 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-A)

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Receivables in Force. As of the Cutoff Date, no Receivable has been satisfied, subordinated or rescinded, nor has any the related Financed Vehicle been released in whole or in part from the lien Lien granted by the related Receivable.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Carmax Auto Funding LLC), Receivables Purchase Agreement (Carmax Auto Funding LLC)

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