Common use of Weighted Average APR Clause in Contracts

Weighted Average APR. After giving effect to the transfer of such Designated Receivables to the Trust under the Further Transfer and Servicing Agreement, the Weighted Average APR of all Designated Receivables transferred to the Trust shall not be less than 8.00%.

Appears in 1 contract

Sources: Purchase Agreement (Navistar Financial Corp)

Weighted Average APR. After giving effect to the transfer of such Designated Receivables to the Trust under the Further Transfer and Servicing AgreementAgreements, the Weighted Average APR of all Designated Receivables transferred to the Trust shall not be less than 8.006.369%.

Appears in 1 contract

Sources: Purchase Agreement (Navistar Financial Corp)