Common use of Simple Interest Method Clause in Contracts

Simple Interest Method. All payments with respect to the Receivables have been allocated consistently in accordance with the Simple Interest Method.

Appears in 107 contracts

Samples: Receivables Purchase Agreement (CarMax Auto Owner Trust 2009-2), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2018-1), Sale and Servicing Agreement (Carmax Auto Owner Trust 2005-1)

AutoNDA by SimpleDocs

Simple Interest Method. All payments with respect to the Receivables have been allocated consistently in accordance with the Simple Interest Method.. Review Materials - Contract

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2018-1), Asset Representations Review Agreement (Daimler Retail Receivables LLC), Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2018-1)

Simple Interest Method. All payments with respect to the ---------------------- Receivables have been allocated consistently in accordance with the Simple Interest Method.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Simple Interest Method. All payments with respect to the Receivables ---------------------- have been allocated consistently in accordance with the Simple Interest Method.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)

AutoNDA by SimpleDocs

Simple Interest Method. All payments with respect to the Receivables Contracts have been allocated consistently in accordance with the Simple Interest Method.

Appears in 1 contract

Samples: Purchase Agreement (Carmax Auto Receivables LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.