Common use of Minimum Note Rate Clause in Contracts

Minimum Note Rate. Each Receivable shall have a contract rate of interest (exclusive of prepaid finance charges) equal to or greater than ____% and less than or equal to _____%.

Appears in 2 contracts

Sources: Purchase Agreement (Uacsc Auto Trusts), Purchase Agreement (United Fidelity Finance LLC)

Minimum Note Rate. Each Receivable shall have a contract rate of interest (the "Note Rate") (exclusive of prepaid finance charges) equal to or greater than _____% and less than or equal to _____%.

Appears in 2 contracts

Sources: Purchase Agreement (Bay View Transaction Corp), Purchase Agreement (Bay View Deposit CORP)

Minimum Note Rate. Each Receivable shall have a contract rate of interest (exclusive of prepaid finance charges) equal to or greater than _____% and less than or equal to _____%.

Appears in 1 contract

Sources: Purchase Agreement (Bay View Securitization Corp)