Payments to the Trustee. Any amounts paid to the Trustee pursuant to this Article VIII shall be deemed not to be a part of the Trust Estate immediately after such payment. The Trustee shall also be entitled to interest on all advances at a rate equal to: (a) the rate publicly announced by The Bank of New York, as its prime rate from time to time plus (b) 3.5%.
Appears in 10 contracts
Sources: Trust Agreement (Case Receivables Ii Inc), Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (CNH Capital Receivables Inc)
Payments to the Trustee. Any amounts paid to the Trustee pursuant to this Article VIII shall be deemed not to be a part of the Trust Estate immediately after such payment. The Trustee shall also be entitled to interest on all advances fees and expenses that are due and unpaid for more than sixty (60) days after they have been billed to the party responsible for the payment of such amounts at a rate equal to: (a) the rate publicly announced by The Bank of New York, as its prime rate from time to time plus (b) 3.5%.
Appears in 5 contracts
Sources: Trust Agreement (CNH Equipment Trust 2006-B), Trust Agreement (CNH Equipment Trust 2006-A), Trust Agreement (CNH Capital Receivables Inc)
Payments to the Trustee. Any amounts paid to the Trustee pursuant to this Article VIII shall be deemed not to be a part of the Trust Estate immediately after such payment. The Trustee shall also be entitled to interest on all advances at a rate equal to: (a) the rate publicly announced by The Bank of New YorkChase Manhattan Bank, as its prime rate from time to time plus (b) 3.5%.
Appears in 2 contracts
Sources: Trust Agreement (Case Receivables Ii Inc), Trust Agreement (Case Receivables Ii Inc)
Payments to the Trustee. Any amounts paid to the Trustee pursuant to this Article VIII shall be deemed not to be a part of the Trust Estate immediately after such payment. The Trustee shall also be entitled to interest on all advances at a rate equal to: (a) the rate publicly announced by The Bank of New York, as its prime rate from time to time plus PLUS (b) 3.5%.
Appears in 1 contract
Payments to the Trustee. Any amounts paid to the Trustee pursuant to this Article VIII shall be deemed not to be a part of the Trust Estate immediately after such payment. The Trustee shall also be entitled to interest on all advances at a rate equal to: (a) the rate publicly announced by The Bank of New York, York as its prime rate from time to time plus (b) 3.5%.
Appears in 1 contract
Payments to the Trustee. Any amounts paid to the Trustee pursuant to this Article ARTICLE VIII shall be deemed not to be a part of the Trust Estate immediately after such payment. The Trustee shall also be entitled to interest on all advances fees and expenses that are due and unpaid for more than sixty (60) days after they have been billed to the party responsible for the payment of such amounts at a rate equal to: (a) the rate publicly announced by The Bank of New York, as its prime rate from time to time plus PLUS (b) 3.5%.
Appears in 1 contract