Representation Method of Testing Sample Clauses
Representation Method of Testing. (i)(g) (g) has an Obligor which is not listed on Seller’s electronic records related to receivables as a government or governmental subdivision or agency, and 1. Confirm the Cutoff Date Data File does not indicate the Obligor was a government entity.
Representation Method of Testing. (i)(b) (b) has created or shall create a first priority security interest in favor of the Seller in the Financed Vehicle, which security interest has been assigned by the Seller to the Depositor and by the Depositor to the Issuer, 1. Confirm that the Receivable contains security interest language in favor of the Seller in the Financed Vehicle. 2. Confirm that a Certificate of Title or other suitable documentation lists Seller as lienholder or that an application for a Certificate of Title or other suitable documentation has been filed in the applicable state listing the Seller as lienholder. 3. Confirm that the Receivable is listed on Schedules of Receivables to the Receivables Purchase Agreement and the Sale and Servicing Agreement.
Representation Method of Testing. (xii)(d) (d) no Receivable has an APR of less than 0.00%, 1. Review the records in Seller’s receivable system to confirm the Receivable did not have an APR less than the minimum allowable percentage rate as of the Cutoff Date.
Representation Method of Testing. (e) (e) each Receivable has a remaining term of at least 9 months and no more than 75 months, 1. Review the records in Seller’s receivable system to confirm the Receivable had a remaining term within the allowable limits as of the Cutoff Date.
Representation Method of Testing. [(i)] [ ] [ ]