No Payment Default. Except for payment delinquencies that have been continuing for a period of not more than 29 days, no payment default under the terms of any Receivable exists as of the Cutoff Date.
Appears in 149 contracts
Sources: Receivables Purchase Agreement (Toyota Auto Receivables 2025-C Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2025-C Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2025-C Owner Trust)
No Payment Default. Except for a payment delinquencies that have been continuing for a period of is not more than 29 days, no payment default under the terms of any Receivable exists 30 days Delinquent as of the Cutoff Date, no payment default exists on the Receivable.
Appears in 63 contracts
Sources: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2025-B), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2025-B), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2025-A)
No Payment Default. Except for payment delinquencies payments that have been continuing for a period of are not more than 29 days, no payment default under the terms of any Receivable exists 30 days Delinquent as of the Cutoff Date, no payment defaults exist.
Appears in 47 contracts
Sources: Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-A)
No Payment Default. Except for payment delinquencies that have been continuing for a period of not more than 29 [29] days, no payment default under the terms of any Receivable exists as of the Cutoff Date.
Appears in 5 contracts
Sources: Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC), Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC), Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC)
No Payment Default. Except for payment delinquencies that have been continuing for a period of not more than 29 [_] days, no payment default under the terms of any Receivable exists as of the Cutoff Date.
Appears in 2 contracts
Sources: Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC), Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC)