Prepayment. Each Receivable allows for prepayment and partial prepayments without penalty and requires that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through the date of prepayment based on the Receivable’s Annual Percentage Rate.
Appears in 98 contracts
Sources: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2026-2), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2026-2), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2026-1)
Prepayment. Each Receivable allows for prepayment and partial prepayments without penalty and requires that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through the date of prepayment based on the Receivable’s 's Annual Percentage Rate.
Appears in 6 contracts
Sources: Sale and Servicing Agreement (Vroom, Inc.), Purchase Agreement (Vroom, Inc.), Purchase Agreement (Vroom, Inc.)
Prepayment. Each [Seller] Receivable allows for prepayment and partial prepayments without penalty and requires that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through the date of prepayment based on the [Seller] Receivable’s Annual Percentage Rate.
Appears in 3 contracts
Sources: Sale Agreement (Efcar, LLC), Sale Agreement (Efcar, LLC), Sale Agreement (Efcar, LLC)