Interest Payable. With respect to each Receivable, interest will be charged and payable on the unpaid principal balance of the Receivable since the date of the last payment on the Receivable (and in all cases will be charged since the Cutoff Date).
Appears in 19 contracts
Samples: Purchase Agreement (UPFC Auto Receivables Trust 2004-A), Purchase Agreement (United Pan Am Financial Corp), Purchase Agreement (Wells Fargo Financial Auto Owner Trust 2005-A)
Interest Payable. With respect to each Receivable, interest will be charged and payable on the unpaid principal balance Principal Balance of the Receivable since the date of the last payment on the Receivable (and in all cases will be charged since the Cutoff Date).
Appears in 16 contracts
Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1)