Scheduled Payments. No Receivable has a final scheduled payment date later than six months preceding the Final Scheduled Maturity Date; each Receivable provides for payments that fully amortize the Amount Financed over the original term of the Receivable, and is either non-interest bearing or is a Simple Interest Receivable.
Appears in 50 contracts
Samples: Purchase Agreement (CNH Capital Receivables LLC), Purchase Agreement (CNH Capital Receivables LLC), C Purchase Agreement (CNH Equipment Trust 2015-C)
Scheduled Payments. No Receivable has a final scheduled payment date later than six months preceding the Final Scheduled Maturity Date; each Receivable provides for payments that fully amortize the Amount Financed over the original term of the Receivable, and is either non-interest bearing a Precomputed Receivable or is a Simple Interest Receivable.
Appears in 9 contracts
Samples: Cnhca Purchase Agreement (CNH Equipment Trust 2005-A), Cnhca Purchase Agreement (CNH Equipment Trust 2005-B), Cnhca Purchase Agreement (CNH Capital Receivables Inc)
Scheduled Payments. No Receivable has a final scheduled payment date later than six months preceding the Final Scheduled Maturity Date; each Receivable provides for payments that fully amortize the Amount Financed over the original term of the Receivable, and is either non-interest bearing or is a Simple Interest Receivable.
Appears in 3 contracts
Samples: Purchase Agreement (CNH Equipment Trust 2006-B), Purchase Agreement (CNH Equipment Trust 2007-A), Purchase Agreement (CNH Equipment Trust 2006-A)
