Common use of Annual Percentage Rate Clause in Contracts

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Letter, and found them to be not greater than 19.00%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 11 contracts

Samples: Asset Representations Review Agreement (Ally Auto Receivables Trust 2019-4), Asset Representations Review Agreement (Ally Auto Receivables Trust 2017-5), Asset Representations Review Agreement (Ally Auto Receivables Trust 2018-2)

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Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Letter, and found them to be not greater than 19.0017.00%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Ally Auto Receivables Trust 2017-1), Asset Representations Review Agreement (Ally Auto Receivables Trust 2016-3), Asset Representations Review Agreement (Ally Auto Receivables Trust 2016-3)

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Letter, and found them to be not greater than 19.0016.00%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Ally Auto Receivables Trust 2016-2), Asset Representations Review Agreement (Ally Auto Receivables Trust 2016-2), Asset Representations Review Agreement (Ally Auto Receivables Trust 2016-1)

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Letter, and found them to be not greater than 19.0020.00%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Ally Auto Receivables Trust 2017-4), Asset Representations Review Agreement (Ally Auto Receivables Trust 2018-3), Asset Representations Review Agreement (Ally Auto Receivables Trust 2017-4)

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Lettercustomer correction letter, and found them to be not greater than 19.0025.00%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Ally Auto Receivables Trust 2023-1), Asset Representations Review Agreement (Ally Auto Receivables Trust 2024-1), Asset Representations Review Agreement (Ally Auto Receivables Trust 2023-1)

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Letter, and found them to be not greater than 19.0018.00%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Ally Auto Receivables Trust 2017-3), Asset Representations Review Agreement (Ally Auto Receivables Trust 2017-3), Asset Representations Review Agreement (Ally Auto Receivables Trust 2018-1)

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Lettercustomer correction letter, and found them to be not greater than 19.0016.99%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Ally Auto Receivables Trust 2022-1), Asset Representations Review Agreement (Ally Auto Receivables Trust 2022-1)

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Lettercustomer correction letter, and found them to be not greater than 19.0019.14%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Ally Auto Receivables Trust 2022-3), Asset Representations Review Agreement (Ally Auto Receivables Trust 2022-3)

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Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Lettercustomer correction letter, and found them to be not greater than 19.0017.39%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Ally Auto Receivables Trust 2022-2), Asset Representations Review Agreement (Ally Auto Receivables Trust 2022-2)

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Letter, and found them to be not greater than 19.00[ . ]%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 1 contract

Samples: Asset Representations Review Agreement (Ally Auto Assets LLC)

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Lettercustomer correction letter, and found them to be not greater than 19.00[ ]%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 1 contract

Samples: Asset Representations Review Agreement (Ally Auto Assets LLC)

Annual Percentage Rate. 16. For each of the Receivables, compared the percentage noted in the annual percentage rate field per the Data Tape to the Annual Percentage Rate included on the Retail Contract, or as applicable, the Customer Correction Letter, and found them to be not greater than 19.00[ ]%. Pooling Agreement Appendix B (1) – Valid and Continuing Security Interest Satisfied by procedure number 20. Pooling Agreement Appendix B (2) – Security Interest against Obligor

Appears in 1 contract

Samples: Asset Representations Review Agreement (Ally Auto Assets LLC)

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