No Proceedings Pending. As of the Cutoff Date, there are no proceedings pending, or to the best of the Seller's knowledge, threatened, wherein the Obligor or any governmental agency has alleged that any Receivable is illegal or unenforceable.
Appears in 8 contracts
Sources: Sale and Servicing Agreement (Hyundai Abs Funding Corp), Sale and Servicing Agreement (Hyundai Abs Funding Corp), Receivables Purchase Agreement (Hyundai Abs Funding Corp)