Interest Accruing. Each NH Receivable, other than those NH Receivables consisting of Contracts that contain interest waivers for a specified period of time, is, as of the Closing Date or Subsequent Transfer Date, as applicable, accruing interest; no NH Receivable contains an interest waiver extending more than 12 months after the Initial Cutoff Date.
Appears in 5 contracts
Samples: Nh Purchase Agreement (CNH Capital Receivables Inc), Nh Purchase Agreement (CNH Capital Receivables Inc), Nh Purchase Agreement (CNH Capital Receivables Inc)
Interest Accruing. Each NH Receivable, other than those NH Receivables consisting of Contracts that contain interest waivers for a specified period of time, is, as of the Closing Date or a Subsequent Transfer Date, as applicable, accruing interest; no NH Receivable contains an interest waiver extending more than 12 months after the Initial Cutoff Date.
Appears in 4 contracts
Samples: Nh Purchase Agreement (CNH Capital Receivables Inc), Nh Purchase Agreement (CNH Capital Receivables Inc), Nh Purchase Agreement (CNH Equipment Trust 2005-A)
