Common use of Scheduled Payments Clause in Contracts

Scheduled Payments. No Receivable shall have a payment of which more than 10% of such payment is more than 30 days overdue as of the related Cutoff Date.

Appears in 12 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Owner Trust 2002-4), Sale and Servicing Agreement (Mmca Auto Receivables Trust)

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Scheduled Payments. No Receivable shall have a payment of which more than 10% of such payment is more than 30 thirty (30) days overdue as of the related Cutoff Date.

Appears in 9 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3), Sales Contracts (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-1)

Scheduled Payments. No Receivable shall have a payment of which more than 10% of such payment is more than 30 days overdue as of the related Cutoff Date.

Appears in 8 contracts

Samples: Purchase Agreement (Mmca Auto Owner Trust 2002-5), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-4), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-4)

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Scheduled Payments. No Receivable shall have a payment of which more than 10% of such payment is more than 30 thirty (30) days overdue as of the related Cutoff Date.

Appears in 8 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Owner Trust 2000-2)

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