Common use of Payment Frequency Clause in Contracts

Payment Frequency. As of the [Initial] Cutoff Date and as shown on the books of CNHICA: (A) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had annual scheduled payments, (B) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had quarterly scheduled payments, (D) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had monthly scheduled payments, and (E) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had irregularly scheduled payments.

Payment Frequency. As of the [Initial] Cutoff Date and as shown on the books of CNHICACNHCA: (A) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had annual scheduled payments, (B) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had quarterly scheduled payments, (D) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had monthly scheduled payments, and (E) [Initial] Receivables having an aggregate Statistical Contract Value equal to % of the [Initial] Aggregate Statistical Contract Value had irregularly scheduled payments.

Payment Frequency. As of the [Initial] Initial Cutoff Date and as shown on the books of CNHICACNHCA: (A) [Initial] Initial Receivables having an aggregate Statistical Contract Value equal to [ ]% of the [Initial] Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) [Initial] Initial Receivables having an aggregate Statistical Contract Value equal to [ ]% of the [Initial] Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) [Initial] Initial Receivables having an aggregate Statistical Contract Value equal to [ ]% of the [Initial] Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) [Initial] Initial Receivables having an aggregate Statistical Contract Value equal to [ ]% of the [Initial] Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) [Initial] Initial Receivables having an aggregate Statistical Contract Value equal to [ ]% of the [Initial] Initial Aggregate Statistical Contract Value had irregularly scheduled payments.