Common use of Calculations of Interest Clause in Contracts

Calculations of Interest. Collections of interest on the Receivables will be calculated in accordance with the Simple Interest Method.

Appears in 12 contracts

Samples: Sale and Servicing Agreement, Sale and Servicing Agreement (California Republic Auto Receivables Trust 2018-1), Sale and Servicing Agreement (California Republic Auto Receivables Trust 2018-1)

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Calculations of Interest. Collections of interest on the Simple Interest Receivables will be calculated in accordance with the Simple Interest Methodterms thereof.

Appears in 1 contract

Samples: Sale and Servicing Agreement (California Republic Funding LLC)

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