Test Procedures. For an Asset Review, the Asset Representations Reviewer will perform for each Asset Review Receivable the procedures listed under “Procedures to be Performed” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review Receivable, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 144 contracts
Samples: Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-4), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-4), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3)
Test Procedures. For an Asset a Review, the Asset Representations Reviewer will perform perform, for each Asset Review Receivable Receivable, the procedures listed under “Procedures to be PerformedTests” in Schedule A B for each representation and warranty (each, a “Test”), using the Asset Review Materials listed necessary to perform the procedures described for each such Test in Schedule A. B. For each Test and Asset Review Receivable, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 71 contracts
Samples: Asset Representations Review Agreement (Toyota Auto Receivables 2024-C Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-C Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust)
Test Procedures. For an Asset a Review, the Asset Representations Reviewer will perform perform, for each Asset Review Receivable Receivable, the procedures listed under “Procedures to be PerformedTests” in Schedule A B for each representation and warranty (eachEligible Representation. In the course of its review, a “Test”), using the Asset Representations Reviewer will use the Review Materials listed for each such Test in Schedule A. For each Test and Asset Review Receivable, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 46 contracts
Samples: Asset Representations Review Agreement (CNH Equipment Trust 2024-B), Asset Representations Review Agreement (CNH Equipment Trust 2024-B), Asset Representations Review Agreement (CNH Equipment Trust 2024-A)
Test Procedures. For an Asset Review, the Asset Representations Reviewer will perform for each Asset Review Subject Receivable the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review Subject Receivable, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 40 contracts
Samples: Asset Representations Review Agreement (Nissan Auto Receivables 2024-a Owner Trust), Asset Representations Review Agreement (Nissan Auto Receivables 2024-a Owner Trust), Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC)
Test Procedures. For an Asset a Review, the Asset Representations Reviewer will perform perform, for each Asset Review Receivable Asset, the procedures listed under “Procedures to be Performed” in Schedule A Tests for each representation and warranty (eachEligible Representation. In the course of its review, a “Test”), using the Asset Representations Reviewer will use the Review Materials listed for each such Test in Schedule A. For each Test and Asset Review ReceivableAsset, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 35 contracts
Samples: Review Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Review Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Daimler Trucks (Daimler Trucks Retail Trust 2024-1)
Test Procedures. For an Asset Review, the Asset Representations Reviewer will perform for each Asset Review Receivable Subject Lease the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review ReceivableSubject Lease, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 33 contracts
Samples: Asset Representations Review Agreement (Nissan Auto Lease Trust 2024-B), Asset Representations Review Agreement (Nissan Auto Lease Trust 2024-B), Asset Representations Review Agreement (Nissan Auto Lease Trust 2024-A)
Test Procedures. For an Asset Review, the Asset Representations Reviewer will perform for each Subject Asset Review Receivable the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review ReceivableSubject Asset, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 16 contracts
Samples: Asset Representations Review Agreement (Nissan Master Owner Trust Receivables), Asset Representations Review Agreement (Nissan Master Owner Trust Receivables), Asset Representations Review Agreement (Nissan Wholesale Receivables Corp Ii)
Test Procedures. For an Asset a Review, the Asset Representations Reviewer will perform for each Asset Review Receivable the procedures listed under “Procedures to be PerformedTests” in Schedule A B for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test necessary to perform the procedures as stated in Schedule A. the Test. For each Test and Asset Review Receivable, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 11 contracts
Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1)
Test Procedures. For an Asset a Review, the Asset Representations Reviewer will perform perform, for each Asset Review Receivable Contract, the procedures listed under “Procedures to be PerformedTests” in Schedule A B for each representation and warranty (eachEligible Representation. In the course of its review, a “Test”), using the Asset Representations Reviewer will use the Review Materials listed for each such Test in Schedule A. For each Test and Asset Review ReceivableContract, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 8 contracts
Samples: Asset Representations Review Agreement (Harley-Davidson Motorcycle Trust 2023-A), Asset Representations Review Agreement (Harley-Davidson Motorcycle Trust 2023-A), Asset Representations Review Agreement (Harley-Davidson Customer Funding Corp.)
Test Procedures. For an Asset a Review, the Asset Representations Reviewer will perform perform, for each Asset Review Receivable Asset, the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (eachEligible Representation. In the course of its review, a “Test”), using the Asset Representations Reviewer will use the Review Materials listed for each such Test in Schedule A. For each Test and Asset Review ReceivableAsset, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 6 contracts
Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2016-B)
Test Procedures. For an Asset Review, the Asset Representations Reviewer will perform for each Asset Review Subject Receivable the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review Subject Receivable, the Asset Representations Reviewer will determine in its reasonable judgment if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”). The Asset Representations Reviewer will use such determination for all Subject Receivables that are subject to the same Test.
Appears in 4 contracts
Samples: Asset Representations Review Agreement (Honda Auto Receivables 2016-1 Owner Trust), Asset Representations Review Agreement (Honda Auto Receivables 2016-1 Owner Trust), Asset Representations Review Agreement (American Honda Receivables LLC)
Test Procedures. For an Asset Review, the Asset Representations Reviewer will perform for each Asset Review Receivable Subject Lease the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review ReceivableSubject Lease , the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 3 contracts
Samples: Asset Representations Review Agreement (Nissan-Infiniti Lt), Asset Representations Review Agreement (Nissan-Infiniti Lt), Asset Representations Review Agreement (Nissan-Infiniti Lt)
Test Procedures. For an Asset a Review, the Asset Representations Reviewer will perform for each Asset Review Receivable the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review Receivable, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 2 contracts
Samples: Asset Representations Review Agreement (CNH Capital Receivables LLC), Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)
Test Procedures. For an Asset Representations Review, the Asset Representations Reviewer will perform for each Asset Review Subject Receivable the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review Subject Receivable, the Asset Representations Reviewer will determine in its reasonable judgment if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”). The Asset Representations Reviewer will use such determination for all Subject Receivables that are subject to the same Test.
Appears in 2 contracts
Samples: Asset Representations Review Agreement (Hyundai Abs Funding LLC), Asset Representations Review Agreement (Hyundai Abs Funding Corp)
Test Procedures. For an Asset Review, the Asset Representations Reviewer will perform for each Asset Review Receivable Security the procedures listed under “Procedures to be Performed” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review ReceivableSecurity, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 2 contracts
Samples: Asset Representations Review Agreement (GNMAG Asset Backed Securitizations, LLC), Asset Representations Review Agreement (GNMAG Asset Backed Securitizations, LLC)
Test Procedures. For an Asset Review, the Asset Representations Reviewer will perform for each Asset Review Subject Receivable the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review Subject Receivable, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).. (NAROT 2023-A Asset Representations Review Agreement)
Appears in 2 contracts
Samples: Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC)
Test Procedures. For an Asset a Review, the Asset Representations Reviewer will perform perform, for each Asset Review Receivable Asset, the procedures listed under “Procedures to be Performed” "Tests" in Schedule A B for each representation and warranty (eachEligible Representation. In the course of its review, a “Test”), using the Asset Representations Reviewer will use the Review Materials listed for each such Test in Schedule A. For each Test and Asset Review ReceivableAsset, the Asset Representations Reviewer will determine if the Test has been satisfied (a “"Test Pass”") or if the Test has not been satisfied (a “"Test Fail”").
Appears in 2 contracts
Samples: Asset Representations Review Agreement (Daimler Trust), Asset Representations Review Agreement (Daimler Trust)
Test Procedures. For an Asset Representations Review, the Asset Representations Reviewer will perform for each Asset Review Subject Receivable the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review Subject Receivable, the Asset Representations Reviewer will determine in its reasonable judgment if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 1 contract
Samples: Asset Representations Review Agreement (Macquarie Leasing Pty LTD)
Test Procedures. For an Asset Representations Review, the Asset Representations Reviewer will perform for each Asset Review Subject Receivable the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty Pool Asset Representation (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review Subject Receivable, the Asset Representations Reviewer will determine in its reasonable judgment if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).
Appears in 1 contract
Samples: Form of Asset Representations Review Agreement (Macquarie Leasing Pty LTD)
Test Procedures. For an Asset Representations Review, the Asset Representations Reviewer will perform for each Asset Review Receivable the Subject Receivables the procedures listed under “Procedures to be PerformedTests” in Schedule A for each representation and warranty (each, a “Test”), using the Asset Review Materials listed for each such Test in Schedule A. For each Test and Asset Review ReceivableTest, the Asset Representations Reviewer will determine in its reasonable judgment if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”). The Asset Representations Reviewer will use such determination for all Subject Receivables that are subject to the same Test.
Appears in 1 contract
Samples: Asset Representations Review Agreement (Discover Card Master Trust I)