Common use of Available Cash Clause in Contracts

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 2022-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.25% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 2022-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2022-C), Sale and Servicing Agreement (CNH Equipment Trust 2022-C)

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Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall CNH Equipment Trust 2021-A $193,700,000 Class A-1 0.13447% Asset Backed Notes due March 15, 2022 $335,000,000 Class A-2 0.23% Asset Backed Notes due March 15, 2024 $324,000,000 Class A-3 0.40% Asset Backed Notes due December 15, 2025 $87,360,000 Class A-4 0.70% Asset Backed Notes due December 15, 2027 $21,630,000 Class B 0.97% Asset Backed Notes due June 15, 2028 Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 2022-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance CNH Equipment Trust 2021-A $ 193,700,000 Class A-1 0.13447% Asset Backed Notes due March 15, 2022 $ 335,000,000 Class A-2 0.23% Asset Backed Notes due March 15, 2024 $ 324,000,000 Class A-3 0.40% Asset Backed Notes due December 15, 2025 $ 87,360,000 Class A-4 0.70% Asset Backed Notes due December 15, 2027 $ 21,630,000 Class B 0.97% Asset Backed Notes due June 15, 2028 Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.252.25 % Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 20222021-C A $163,000,000 193,700,000 Class A-1 4.8170.13447% Asset Backed Notes due March 15, 2022 $335,000,000 Class A-2 0.23% Asset Backed Notes due March 15, 2024 $324,000,000 Class A-3 0.40% Asset Backed Notes due December 15, 2023 2025 $285,000,000 87,360,000 Class A-2 5.42A-4 0.70% Asset Backed Notes due July December 15, 2026 2027 $215,000,000 21,630,000 Class A-3 5.15B 0.97% Asset Backed Notes due April 17June 15, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2021-A), Sale and Servicing Agreement (CNH Equipment Trust 2021-A)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall CNH Equipment Trust 2019-C $224,000,000 Class A-1 1.99491% Asset Backed Notes due November 16, 2020 $325,000,000 Class A-2 1.99% Asset Backed Notes due March 15, 2023 $295,000,000 Class A-3 2.01% Asset Backed Notes due December 16, 2024 $86,800,000 Class A-4 2.12% Asset Backed Notes due July 15, 2025 $21,430,000 Class B 2.35% Asset Backed Notes due April 15, 2027 Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 2022-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance WAL Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance CNH Equipment Trust 2019-C $224,000,000 Class A-1 1.99491% Asset Backed Notes due November 16, 2020 $325,000,000 Class A-2 1.99% Asset Backed Notes due March 15, 2023 $295,000,000 Class A-3 2.01% Asset Backed Notes due December 16, 2024 $86,800,000 Class A-4 2.12% Asset Backed Notes due July 15, 2025 $21,430,000 Class B 2.35% Asset Backed Notes due April 15, 2027 Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.25% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 20222019-C $163,000,000 224,000,000 Class A-1 4.8171.99491% Asset Backed Notes due November 16, 2020 $325,000,000 Class A-2 1.99% Asset Backed Notes due March 15, 2023 $295,000,000 Class A-3 2.01% Asset Backed Notes due December 1516, 2023 2024 $285,000,000 86,800,000 Class A-2 5.42A-4 2.12% Asset Backed Notes due July 15, 2026 2025 $215,000,000 21,430,000 Class A-3 5.15B 2.35% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 2027 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2019-C), Sale and Servicing Agreement (CNH Equipment Trust 2019-C)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 A-2a notes Interest Paid Class A-2b notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 A-2a notes Interest Shortfall Class A-2b notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 A-2a notes Principal Paid Class A-2b notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 A-2a notes Ending Principal balance A-2b notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 20222016-C A $163,000,000 174,900,000 Class A-1 4.8170.67 % Asset Backed Notes due December 15March 10, 2023 2017 $285,000,000 161,500,000 Class A-2 5.42A-2a 1.22% Asset Backed Notes due July 15, 2026 2019 $215,000,000 161,500,000 Class A-2b Floating Rate Asset Backed Notes due July 15, 2019 $265,000,000 Class A-3 5.151.48% Asset Backed Notes due April 1715, 2028 2021 $41,070,000 67,990,000 Class A-4 5.251.79% Asset Backed Notes due November September 15, 2029 . 2021 $16,210,000 19,110,000 Class B 0.002.19% Asset Backed Notes due May 15July 17, 2030 2023 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 A-2a notes Beginning Principal balance A-2b notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 A-2a notes Ending Principal balance A-2b notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Class A-1 notes Interest Paid Class A-2 A-2a notes Interest Paid Class A-2b notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 A-2a notes Interest Shortfall Class A-2b notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 A-2a notes Principal Paid Class A-2b notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit (Add Loans) Spread Account Test 3 Month Average Delinquency Ratio Spread Account Test Cumulative Net Loss Ratio Spread Account Test Met Original [ ], 20[ ] [ ], 20[ ] [ ], 20[ ] Required Spread Account Target [ ] % [ ] % [ ] % [ ] % Required Spread Account 2.25% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 2022” Spread Account Triggers Average Delinquency Ratio Test* Payment Date [ ]-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 [Risk Retention [In the first report to noteholders include:][ ] [ ]-[ ] [ ]-[ ] Second Prior Month Delinquency Ratio Prior Month Delinquency Ratio Current Month Delinquency Ratio 3 Month Average Delinquency Ratio Test Variance Trigger Current Distribution Date

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2016-A), Sale and Servicing Agreement (CNH Equipment Trust 2016-A)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 A-2a notes Interest Paid Class A-2b notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 A-2a notes Interest Shortfall Class A-2b notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 A-2a notes Principal Paid Class A2b notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Additional Note Monthly Principal Payment Distributable Amount (this Period) LTD Turbo Additional Note Monthly Principal Payment Distributable Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 A-2a notes Ending Principal balance A-2b notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 20222024-C B $163,000,000 162,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.005.519% Asset Backed Notes due May 15, 2030 2025 $167,500,000 Class A-2a 5.42% Asset Backed Notes due October 15, 2027 $167,500,000 Class A-2b SOFR + 0.40% Floating Rate Asset Backed Notes due October 15, 2027 $335,000,000 Class A-3 5.19% Asset Backed Notes due September 17, 2029 $76,970,000 Class A-4 5.23% Asset Backed Notes due November 17, 2031 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 A-2a notes Beginning Principal balance A-2b notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 A-2a notes Ending Principal balance A-2b notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Class A-1 notes Interest Paid Class A-2 A-2a notes Interest Paid Class A-2b notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 A-2a notes Interest Shortfall Class A-2b notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 A-2a notes Principal Paid Class A-2b notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.25[__]% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 20222024-C B $163,000,000 162,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.005.519% Asset Backed Notes due May 15, 2030 2025 $167,500,000 Class A-2a 5.42% Asset Backed Notes due October 15, 2027 $167,500,000 Class A-2b SOFR + 0.40% Floating Rate Asset Backed Notes due October 15, 2027 $335,000,000 Class A-3 5.19% Asset Backed Notes due September 17, 2029 $76,970,000 Class A-4 5.23% Asset Backed Notes due November 17, 2031 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2024-B), Sale and Servicing Agreement (CNH Equipment Trust 2024-B)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall CNH Equipment Trust 2020-A $160,900,000 Class A-1 0.57603% Asset Backed Notes due June 15, 2021 $267,000,000 Class A-2 1.08% Asset Backed Notes due July 17, 2023 $268,000,000 Class A-3 1.16% Asset Backed Notes due June 16, 2025 $75,390,000 Class A-4 1.51% Asset Backed Notes due April 15, 2027 $17,750,000 Class B 2.30% Asset Backed Notes due October 15, 2027 Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 2022-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance CNH Equipment Trust 2020-A $160,900,000 Class A-1 0.57603% Asset Backed Notes due June 15, 2021 $267,000,000 Class A-2 1.08% Asset Backed Notes due July 17, 2023 $268,000,000 Class A-3 1.16% Asset Backed Notes due June 16, 2025 $75,390,000 Class A-4 1.51% Asset Backed Notes due April 15, 2027 $17,750,000 Class B 2.30% Asset Backed Notes due October 15, 2027 Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.252.25 % Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 20222020-C A $163,000,000 160,900,000 Class A-1 4.8170.57603% Asset Backed Notes due December June 15, 2023 2021 $285,000,000 267,000,000 Class A-2 5.421.08% Asset Backed Notes due July 1517, 2026 2023 $215,000,000 268,000,000 Class A-3 5.151.16% Asset Backed Notes due June 16, 2025 $75,390,000 Class A-4 1.51% Asset Backed Notes due April 1715, 2028 2027 $41,070,000 17,750,000 Class A-4 5.25B 2.30% Asset Backed Notes due November October 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 2027 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2020-A), Sale and Servicing Agreement (CNH Equipment Trust 2020-A)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall CNH Equipment Trust 2018-A $173,000,000 Class A-1 2.45% Asset Backed Notes due June 14, 2019 $262,000,000 Class A-2 2.78% Asset Backed Notes due August 16, 2021 $252,000,000 Class A-3 3.12% Asset Backed Notes due July 17, 2023 $70,440,000 Class A-4 3.30% Asset Backed Notes due April 15, 2025 $17,440,000 Class B 3.47% Asset Backed Notes due October 15, 2025 Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 2022-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance CNH Equipment Trust 2018-A $173,000,000 Class A-1 2.45% Asset Backed Notes due June 14, 2019 $262,000,000 Class A-2 2.78% Asset Backed Notes due August 16, 2021 $252,000,000 Class A-3 3.12% Asset Backed Notes due July 17, 2023 $70,440,000 Class A-4 3.30% Asset Backed Notes due April 15, 2025 $17,440,000 Class B 3.47% Asset Backed Notes due October 15, 2025 Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.25% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 20222018-C A $163,000,000 173,000,000 Class A-1 4.8172.45% Asset Backed Notes due December 15June 14, 2023 2019 $285,000,000 262,000,000 Class A-2 5.422.78% Asset Backed Notes due August 16, 2021 $252,000,000 Class A-3 3.12% Asset Backed Notes due July 1517, 2026 2023 $215,000,000 70,440,000 Class A-3 5.15A-4 3.30% Asset Backed Notes due April 1715, 2028 2025 $41,070,000 17,440,000 Class A-4 5.25B 3.47% Asset Backed Notes due November October 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 2025 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2018-A), Sale and Servicing Agreement (CNH Equipment Trust 2018-A)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall CNH Equipment Trust 2018-B $181,000,000 Class A-1 2.47044% Asset Backed Notes due October 15, 2019 $260,000,000 Class A-2 2.93% Asset Backed Notes due December 15, 2021 $280,000,000 Class A-3 3.19% Asset Backed Notes due November 15, 2023 $70,700,000 Class A-4 3.37% Asset Backed Notes due May 15, 2024 $18,230,000 Class B 3.56% Asset Backed Notes due February 17, 2026 Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 2022-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance CNH Equipment Trust 2018-B $181,000,000 Class A-1 2.47044% Asset Backed Notes due October 15, 2019 $260,000,000 Class A-2 2.93% Asset Backed Notes due December 15, 2021 $280,000,000 Class A-3 3.19% Asset Backed Notes due November 15, 2023 $70,700,000 Class A-4 3.37% Asset Backed Notes due May 15, 2024 $18,230,000 Class B 3.56% Asset Backed Notes due February 17, 2026 Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.25% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 20222018-C B $163,000,000 181,000,000 Class A-1 4.8172.47044% Asset Backed Notes due October 15, 2019 $260,000,000 Class A-2 2.93% Asset Backed Notes due December 15, 2023 2021 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 280,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.253.19% Asset Backed Notes due November 15, 2029 2023 $16,210,000 70,700,000 Class B 0.00A-4 3.37% Asset Backed Notes due May 15, 2030 2024 $18,230,000 Class B 3.56% Asset Backed Notes due February 17, 2026 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2018-B), Sale and Servicing Agreement (CNH Equipment Trust 2018-B)

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Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 A-2a notes Interest Paid Class A-2b notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 A-2a notes Interest Shortfall Class A-2b notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 A-2a notes Principal Paid Class A-2b notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 A-2a notes Ending Principal balance A-2b notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 20222016-C B $163,000,000 190,500,000 Class A-1 4.8170.64% Asset Backed Notes due December June 15, 2023 2017 $285,000,000 222,600,000 Class A-2 5.42A-2a 1.31% Asset Backed Notes due July October 15, 2026 2019 $215,000,000 110,000,000 Class A-2b Floating Rate Asset Backed Notes due October 15, 2019 $246,600,000 Class A-3 5.151.63% Asset Backed Notes due April 17August 16, 2028 2021 $41,070,000 72,790,000 Class A-4 5.251.97% Asset Backed Notes due November 15, 2029 2021 $16,210,000 19,390,000 Class B 0.002.20% Asset Backed Notes due May 15October 16, 2030 2023 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 A-2a notes Beginning Principal balance A-2b notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 A-2a notes Ending Principal balance A-2 A-2b notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Class A-1 notes Interest Paid Class A-2 A-2a notes Interest Paid Class A-2b notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 A-2a notes Interest Shortfall Class A-2b notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 A-2a notes Principal Paid Class A-2b notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit (Add Loans) Spread Account Test 3 Month Average Delinquency Ratio Spread Account Test Cumulative Net Loss Ratio Spread Account Test Met Original [ ], 20[ ] [ ], 20[ ] [ ], 20[ ] Required Spread Account Target [ ] % [ ] % [ ] % [ ] % Required Spread Account 2.25% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 2022” Spread Account Triggers Average Delinquency Ratio Test* Payment Date [ ]-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 [Risk Retention [In the first report to noteholders include:][ ] [ ]-[ ] [ ]-[ ] Second Prior Month Delinquency Ratio Prior Month Delinquency Ratio Current Month Delinquency Ratio 3 Month Average Delinquency Ratio Test Variance Trigger Current Distribution Date

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2016-B), Sale and Servicing Agreement (CNH Equipment Trust 2016-B)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall CNH Equipment Trust 2019-A $189,000,000 Class A-1 2.75334% Asset Backed Notes due February 28, 2020 $252,000,000 Class A-2 2.96% Asset Backed Notes due May 16, 2022 $252,000,000 Class A-3 3.01% Asset Backed Notes due April 15, 2024 $75,350,000 Class A-4 3.22% Asset Backed Notes due January 15, 2026 $17,690,000 Class B 3.34% Asset Backed Notes due July 15, 2026 Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 2022-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance CNH Equipment Trust 2019-A $189,000,000 Class A-1 2.75334% Asset Backed Notes due February 28, 2020 $252,000,000 Class A-2 2.96% Asset Backed Notes due May 16, 2022 $252,000,000 Class A-3 3.01% Asset Backed Notes due April 15, 2024 $75,350,000 Class A-4 3.22% Asset Backed Notes due January 15, 2026 $17,690,000 Class B 3.34% Asset Backed Notes due July 15, 2026 Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.25% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 20222019-C A $163,000,000 189,000,000 Class A-1 4.8172.75334% Asset Backed Notes due December February 28, 2020 $252,000,000 Class A-2 2.96% Asset Backed Notes due May 16, 2022 $252,000,000 Class A-3 3.01% Asset Backed Notes due April 15, 2023 2024 $285,000,000 75,350,000 Class A-2 5.42A-4 3.22% Asset Backed Notes due January 15, 2026 $17,690,000 Class B 3.34% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2019-A), Sale and Servicing Agreement (CNH Equipment Trust 2019-A)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall CNH Equipment Trust 2019-B $229,000,000 Class A-1 2.56560% Asset Backed Notes due June 12, 2020 $230,000,000 Class A-2 2.55% Asset Backed Notes due September 15, 2022 $225,000,000 Class A-3 2.52% Asset Backed Notes due August 15, 2024 $50,240,000 Class A-4 2.64% Asset Backed Notes due May 15, 2026 $16,900,000 Class B 2.87% Asset Backed Notes due November 16, 2026 Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 2022-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance WAL Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance CNH Equipment Trust 2019-B $229,000,000 Class A-1 2.56560% Asset Backed Notes due June 12, 2020 $230,000,000 Class A-2 2.55% Asset Backed Notes due September 15, 2022 $225,000,000 Class A-3 2.52% Asset Backed Notes due August 15, 2024 $50,240,000 Class A-4 2.64% Asset Backed Notes due May 15, 2026 $16,900,000 Class B 2.87% Asset Backed Notes due November 16, 2026 Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.25% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 20222019-C B $163,000,000 229,000,000 Class A-1 4.8172.56560% Asset Backed Notes due December 15June 12, 2023 2020 $285,000,000 230,000,000 Class A-2 5.422.55% Asset Backed Notes due July September 15, 2026 2022 $215,000,000 225,000,000 Class A-3 5.152.52% Asset Backed Notes due April 17August 15, 2028 2024 $41,070,000 50,240,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.002.64% Asset Backed Notes due May 15, 2030 2026 $16,900,000 Class B 2.87% Asset Backed Notes due November 16, 2026 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2019-B), Sale and Servicing Agreement (CNH Equipment Trust 2019-B)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to a Maximum of $200,000 Per Year Shortfall Servicing Fee Paid Servicing Fee Shortfall Administration Fee Paid Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Deposits to Spread Account Turbo Additional Note Monthly Principal Payment Distributable Amount (this Period) LTD Turbo Additional Note Monthly Principal Payment Distributable Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders CNH Equipment Trust 20222024-C A $163,000,000 180,000,000 Class A-1 4.8175.465% Asset Backed Notes due December 15February 14, 2023 2025 $285,000,000 310,000,000 Class A-2 5.425.19% Asset Backed Notes due July 15, 2026 2027 $215,000,000 310,000,000 Class A-3 5.154.77% Asset Backed Notes due April 17June 15, 2028 2029 $41,070,000 62,730,000 Class A-4 5.254.80% Asset Backed Notes due November July 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 2031 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Spread Account Required Spread Account Deposit Required Spread Account Target Required Spread Account 2.25[__]% Beginning Spread Account Balance Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Purchases Units Cut-Off Date Closing Date Original Pool Balance Purchase Total Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 20222024-C A $163,000,000 180,000,000 Class A-1 4.8175.465% Asset Backed Notes due December 15February 14, 2023 2025 $285,000,000 310,000,000 Class A-2 5.425.19% Asset Backed Notes due July 15, 2026 2027 $215,000,000 310,000,000 Class A-3 5.154.77% Asset Backed Notes due April 17June 15, 2028 2029 $41,070,000 62,730,000 Class A-4 5.254.80% Asset Backed Notes due November July 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 2031 [Risk Retention [In the first report to noteholders include:]

Appears in 2 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2024-A), Sale and Servicing Agreement (CNH Equipment Trust 2024-A)

Available Cash. Asset Representation Reviewer Fee, Expenses and Indemnities up to Backup Servicing Fee Paid (Expressed as a Maximum dollar amount per $1,000 of $200,000 Per Year Paid Asset Representation Reviewer Fee, Expenses and Indemnities up to original principal balance of a Maximum of $200,000 Per Year Note) Backup Servicing Fee Shortfall Servicing Fee Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Servicing Fee Shortfall Administration Fee Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Administration Fee Shortfall Remaining Cash Available to Pay Note Interest Cash Available to Pay Note Interest Cash Available to Pay Termination Payment Class A-1 notes Interest Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Class A-2 notes Interest Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Class A-3 notes Interest Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Class A-4 notes Interest Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Class B notes Interest Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Class A-2 notes Principal Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Class A-3 notes Principal Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Class A-4 notes Principal Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Class B notes Principal Paid (Expressed as a dollar amount per $1,000 of original principal balance of a Note) Deposits to Spread Account Turbo Principal Payment Amount (this Period) LTD Turbo Principal Payment Amount Total Principal Balance of Notes (End of Period) A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Release excess to the Certificateholders Seller as Excess CNH Equipment Trust 20222009-C A $163,000,000 172,300,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.151.73603% Asset Backed Notes due April 15, 2010 $122,000,000 Class A-2 4.06% Asset Backed Notes due October 17, 2028 2011 $41,070,000 134,000,000 Class A-4 5.25A-3 5.28% Asset Backed Notes due November 15, 2029 2012 $16,210,000 86,441,000 Class A-4 7.21% Asset Backed Notes due December 16, 2013 $13,199,000 Class B 0.00% Asset Backed Notes due May 15August 17, 2030 2015 Asset Backed Certificate Actual Payment Date Summary and Factors Amount Factor Per/$1000 Total Principal Balance of Notes (Beginning of Period) A-1 notes Beginning Principal balance A-2 notes Beginning Principal balance A-3 notes Beginning Principal balance A-4 notes Beginning Principal balance Class B notes Beginning Principal balance WAL Total Principal Balance of Notes (End of Period) WAL A-1 notes Ending Principal balance A-2 notes Ending Principal balance A-3 notes Ending Principal balance A-4 notes Ending Principal balance Class B notes Ending Principal balance Class A-1 notes Interest Paid Class A-2 notes Interest Paid Class A-3 notes Interest Paid Class A-4 notes Interest Paid Class B notes Interest Paid Class A-1 notes Interest Shortfall Class A-2 notes Interest Shortfall Class A-3 notes Interest Shortfall Class A-4 notes Interest Shortfall Class B notes Interest Shortfall Class A-1 notes Principal Paid Class A-2 notes Principal Paid Class A-3 notes Principal Paid Class A-4 notes Principal Paid Class B notes Principal Paid Negative Carry Account Negative Carry Negative Carry Days Remaining Required Negative Carry Account Beginning Negative Carry Account Negative Carry Account Withdrawals to Distribution Account Negative Carry Released to Seller Ending Negative Carry Account Balance Spread Account Required Spread Account Deposit (Add Loans) Spread Account Test - 3 Month Average Delinquency Ratio Spread Account Test - Cumulative Net Loss Ratio Spread Account Test Met Original [ ], 200[ ] [ ], 200[ ] [ ], 200[ ] Required Spread Account Target [ ]% [ ]% [ ]% [ ]% Required Spread Account 2.25% Beginning Spread Account Balance Additional Deposit to Spread Account from Pre-funding Spread Account Withdrawals to Distribution Account Spread Account Deposits from Excess Cash Spread Account Released to Seller Ending Spread Account Balance Principal Supplement Account Required Principal Supplement Account Balance Beginning Principal Supplement Account Balance Additional Deposit to Principal Supplement Account from Pre-funding Principal Supplement Account Withdrawals to Distribution Account Principal Supplement Account Released to Seller Ending Principal Supplement Account Balance Pre-funding Account Beginning Pre-funding Account Balance New Contract Value Purchased Deposits to Spread Account Deposits to Principal Supplement Account Release to Seller for Purchased Amount Excess Release to Noteholders for Unpurchased Amount Ending Pre-funding Account Balance Original Purchases Units Cut-Off Date Closing Date Original Pool Balance Initial Purchase Subsequent Purchase #1 Subsequent Purchase #2 Total Backup Servicer Account Backup Servicer Account Initial Deposit Backup Servicer Account Beginning Balance Backup Servicer Account Expenses Backup Servicer Account Investment Earnings Backup Servicer Account Investment Earnings - Released to Seller Ending Backup Servicer Account Balance Total Release to Seller "The Administrator hereby directs the Indenture Trustee to pay on the Payment Date set forth above from the Certificate Distribution Account to the Certificateholders, on a pro rata basis, zero payment." CNH Equipment Trust 2022” Spread Account Triggers Average Delinquency Ratio Test* Payment Date [ ]-C $163,000,000 Class A-1 4.817% Asset Backed Notes due December 15, 2023 $285,000,000 Class A-2 5.42% Asset Backed Notes due July 15, 2026 $215,000,000 Class A-3 5.15% Asset Backed Notes due April 17, 2028 $41,070,000 Class A-4 5.25% Asset Backed Notes due November 15, 2029 $16,210,000 Class B 0.00% Asset Backed Notes due May 15, 2030 [Risk Retention [In the first report to noteholders include:][ ] [ ]-[ ] [ ]-[ ] Second Prior Month Delinquency Ratio Prior Month Delinquency Ratio Current Month Delinquency Ratio 3 Month Average Delinquency Ratio

Appears in 1 contract

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2009-A)

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