Common use of Simple Interest Clause in Contracts

Simple Interest. The 2017-1 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 2017-1 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GMF Leasing LLC), Asset Representations Review Agreement (GMF Leasing LLC)

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Simple Interest. The 20172019-1 2 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172019-1 2 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease DocumentsDocuments Procedures to be Performed

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GMF Leasing LLC), Asset Representations Review Agreement (GMF Leasing LLC)

Simple Interest. The 20172020-1 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172020-1 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2020-1), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2020-1)

Simple Interest. The 20172019-1 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172019-1 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GMF Leasing LLC), Asset Representations Review Agreement (GMF Leasing LLC)

Simple Interest. The 20172018-1 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172018-1 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2018-1), Asset Representations Review Agreement (GMF Leasing LLC)

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Simple Interest. The 20172021-1 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172021-1 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2021-1), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2021-1)

Simple Interest. The 20172021-1 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172021-1 Lease Agreement to the Booked Contract Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents.

Appears in 1 contract

Samples: GM Financial Automobile Leasing Trust 2021-1

Simple Interest. The 20172019-1 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172019-1 Lease Agreement to the Booked Contract Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents.

Appears in 1 contract

Samples: GMF Leasing LLC

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