Common use of Simple Interest Clause in Contracts

Simple Interest. The 2017-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 2017-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents

Appears in 3 contracts

Samples: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2017-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2017-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2017-3)

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Simple Interest. The 20172016-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172016-3 Lease Agreement to the Booked Contract Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents.

Appears in 2 contracts

Samples: Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease (GMF Leasing LLC), Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease Number   Lease (GMF Leasing LLC)

Simple Interest. The 20172016-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172016-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GMF Leasing LLC), Asset Representations Review Agreement (GMF Leasing LLC)

Simple Interest. The 20172018-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172018-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GMF Leasing LLC), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2018-3)

Simple Interest. The 20172018-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172018-3 Lease Agreement to the Booked Contract Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents.

Appears in 1 contract

Samples: GM Financial Automobile Leasing Trust 2018-3

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Simple Interest. The 20172018-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172018-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Documents Lease DocumentsDocuments Procedures to be Performed

Appears in 1 contract

Samples: Asset Representations Review Agreement

Simple Interest. The 2017-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 2017-3 Lease Agreement to the Booked Contract Residual Value by the end of the Lease Term, based on the related APR. Documents Lease Documents.

Appears in 1 contract

Samples: GM Financial Automobile Leasing Trust 2017-3

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