Interest Accruing. Each Case Receivable, other than those Case 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 Case Receivable contains an interest waiver extending more than 12 months after the Initial Cutoff Date.
Appears in 5 contracts
Samples: Case Purchase Agreement (CNH Capital Receivables Inc), Case Purchase Agreement (CNH Capital Receivables Inc), CNH Equipment (CNH Capital Receivables Inc)
Interest Accruing. Each Case Receivable, other than those Case 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 Case Receivable contains an interest waiver extending more than 12 months after the Initial Cutoff Date.
Appears in 2 contracts
Samples: Case Purchase Agreement (CNH Capital Receivables Inc), Case Purchase Agreement (CNH Capital Receivables Inc)
