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Common use of Payments Made Clause in Contracts

Payments Made. As of the Cutoff Date, at least one monthly payment shall have been made in respect of each Receivable by the related Obligor in accordance with the terms of the related Contract.

Appears in 10 contracts

Sources: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-1), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-1), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2023-5)

Related Clauses

  • Payments to Company
  • Payments; Fees
  • Prepayments Payments Taxes
  • Payments Due on Non-Business Day
  • Restricted Payments; Certain Payments of Indebtedness

Parent Clauses

  • Representations and Warranties
  • Seller’s Representations and Warranties
  • License Agreement
  • Representations and Warranties of Seller
  • Representations of Seller

Sub-Clauses

  • No Litigation
  • Listed Patents
  • No Knowledge of Assertions by Third Party
  • No Knowledge of Other Ownership of Listed Patents
  • No Assignments
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