Common use of Term to Maturity Clause in Contracts

Term to Maturity. Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

Appears in 45 contracts

Sources: Receivables Purchase Agreement (CarMax Auto Owner Trust 2011-3), Sale and Servicing Agreement (CarMax Auto Owner Trust 2011-3), Sale and Servicing Agreement (CarMax Auto Owner Trust 2011-2)

Term to Maturity. Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three 3 months.

Appears in 27 contracts

Sources: Receivables Purchase Agreement, Receivables Purchase Agreement (CarMax Auto Owner Trust 2015-3), Sale and Servicing Agreement (CarMax Auto Owner Trust 2015-3)

Term to Maturity. Each Receivable had an original term to maturity of not more than 72 months and not less than 12 24 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three 3 months.

Appears in 2 contracts

Sources: Sale and Servicing Agreement (CarMax Auto Owner Trust 2015-4), Receivables Purchase Agreement (CarMax Auto Owner Trust 2015-4)

Term to Maturity. Each Receivable had an original term to ---------------- maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three (3) months.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Term to Maturity. Each Receivable had an original term to ---------------- maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Term to Maturity. Each Receivable had an original term to maturity of ---------------- not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three (3) months.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)