Full Disbursement. At the time of origination of each Receivable, the proceeds of such Receivable were fully disbursed. There is no requirement for future advances thereunder, and all fees and expenses in connection of such Receivable have been paid.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Reliance Acceptance Group Inc), Receivables Purchase Agreement (Reliance Acceptance Group Inc)