Common use of Annual Percentage Rate Clause in Contracts

Annual Percentage Rate. Each Receivable has an APR of at least 0.94% and not more than 17.90% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 4.06%.

Appears in 1 contract

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

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Annual Percentage Rate. Each Receivable has an APR of at least 0.940.99% and not more than 17.9016.90% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 4.063.62%.

Appears in 1 contract

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

Annual Percentage Rate. Each Receivable has an APR of at least 0.940.00% and not more than 17.9011.99% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 4.062.85%.

Appears in 1 contract

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

Annual Percentage Rate. Each Receivable has an APR of at least 0.940.00% and not more than 17.9011.89% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 4.062.67%.

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 0.940.00% and not more than 17.9011.99% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 4.062.93%.

Appears in 1 contract

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

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Annual Percentage Rate. Each Receivable has an APR of at least 0.940.99% and not more than 17.9017.95% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 4.064.32%.

Appears in 1 contract

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

Annual Percentage Rate. Each Receivable has an APR of at least 0.940.00% and not more than 17.9011.74% and the weighted average APR of the Receivables as of the Cutoff Date was approximately 4.062.83%.

Appears in 1 contract

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

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 0.94% and not more than 17.90% and the Cutoff Date, the weighted average APR Annual Percentage Rate of the Receivables as of the Cutoff Date was approximately 4.06is not less than 9.75%.

Appears in 1 contract

Samples: Purchase and Servicing Agreement (Mego Financial Corp)

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