Common use of Schedule of Contracts Clause in Contracts

Schedule of Contracts. The information with respect to a Contract transferred on the Closing Date or Funding Date, as applicable, as set forth in the Schedule of Contracts for such date is true and correct in all material respects as of the close of business on the Initial Cut-Off Date and on each Subsequent Cut-Off Date, and no selection procedures adverse to the Noteholders or the Insurer have been utilized in selecting the Contracts.

Appears in 6 contracts

Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-2), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-1), Contribution Agreement (Santander Drive Auto Receivables Trust 2007-2)

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Schedule of Contracts. The information with respect to a Contract transferred on the Closing Date or Funding Date, as applicable, as set forth in the Schedule of Contracts for such date is true and correct in all material respects as of the close of business on the Initial Cut-Off Date and on each Subsequent Cut-Off Date, and no selection procedures adverse to the Noteholders [or the Insurer Insurer] have been utilized in selecting the Contracts.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Drive Auto Receivables LLC), Sale and Servicing Agreement (Santander Drive Auto Receivables LLC), Sale and Servicing Agreement (Drive Auto Receivables LLC)

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