Interest Payable. With respect to each Receivable, interest will be charged and payable on the unpaid principal balance of the Receivable since the date of the last payment on the Receivable (and in all cases will be charged since the Cutoff Date).
Appears in 19 contracts
Samples: Receivables Purchase Agreement (California Republic Auto Receivables Trust 2015-2), Receivables Purchase Agreement (California Republic Funding LLC), Receivables Purchase Agreement (California Republic Funding LLC)
Interest Payable. With respect to each Receivable, interest will be charged and payable on the unpaid principal balance Principal Balance of the Receivable since the date of the last payment on the Receivable (and in all cases will be charged since the Cutoff Date).
Appears in 16 contracts
Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Receivables Purchase Agreement (California Republic Funding LLC)
