Common use of Annual Percentage Rate Clause in Contracts

Annual Percentage Rate. Each Receivable has an APR of at least 0.00% and not more than 11.99% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 2.85%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2013-1)

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Annual Percentage Rate. Each Receivable has an APR of at least 0.00% and not more than 11.9911.89% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 2.852.67%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2014-1)

Annual Percentage Rate. Each Receivable has an APR of at least 0.00% and not more than 11.9911.74% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 2.852.83%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2015-1)

Annual Percentage Rate. Each Receivable has an APR of at least 0.00% and not more than 11.99% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 2.852.93%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mercedes Benz Auto Receivables Trust 2012-1)

Annual Percentage Rate. Each Receivable has an APR of at least 0.000.99% and not more than 11.9917.95% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 2.854.32%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2009-1)

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Annual Percentage Rate. Each Receivable has an APR of at least 0.000.94% and not more than 11.9917.90% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 2.854.06%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2010-1)

Annual Percentage Rate. Each Receivable has an APR of at least 0.000.99% and not more than 11.9916.90% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 2.853.62%.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2011-1)

Annual Percentage Rate. Each Receivable has conveyed hereby shall have an APR Annual Percentage Rate equal to or greater than 9.5%. As of at least 0.00% and not more than 11.99% and the Cutoff Date, the weighted average APR Annual Percentage Rate of the Receivables as of the Cutoff Date was approximately 2.85is not less than 9.75%.

Appears in 1 contract

Samples: Purchase and Servicing Agreement (Mego Financial Corp)

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