Substitute Receivable. A Receivable that (a) will replace a Warranty Receivable and (b) satisfies each of the following conditions:
Appears in 10 contracts
Samples: Servicing Agreement (Ally Auto Assets LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3)