Amount Financed. At the time each Receivable was acquired from the Dealer, the Amount Financed was fully disbursed. There is no requirement for future advances of principal thereunder, and all fees and expenses in connection with the origination of such Receivable have been paid.
Appears in 19 contracts
Sources: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC)
Amount Financed. At the time each Receivable was acquired from the Dealeroriginated, the Amount Financed was fully disbursed. There is no requirement for future advances of principal thereunder, and all fees and expenses in connection with the origination of such Receivable have been paid.
Appears in 6 contracts
Sources: Receivables Purchase Agreement (Regions Auto Receivables Trust 2002-1), Sale and Servicing Agreement (National City Auto Receivables Trust 2004-A), Receivables Purchase Agreement (Regions Acceptance LLC)