Equal Installments. Such Contract has a fixed rate of interest ------------------- and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Fairfield Communities Inc), Receivables Purchase Agreement (Fairfield Communities Inc)
Equal Installments. Such Contract has a fixed rate of interest and ------------------- and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basisbasis utilizing a simple interest calculation.
Appears in 2 contracts
Samples: Pledge and Servicing Agreement (Fairfield Communities Inc), Receivables Purchase Agreement (Fairfield Communities Inc)
Equal Installments. Such Contract has a fixed rate of interest ------------------- (or in the case of a 1995 Contract, a fixed or a floating rate of interest) and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Fairfield Communities Inc)
Equal Installments. Such Contract has a fixed rate of interest ------------------- and ------------------ provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.
Appears in 1 contract
Equal Installments. Such Contract has a fixed rate of interest and ------------------- and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.
Appears in 1 contract
Equal Installments. Such Contract has a ------------------ fixed rate of interest ------------------- (or, in the case of any 1995 contract, a fixed or a floating rate of interest) and provides for payments which fully amortize the loan over its term. Interest accrues on such Contract on an actuarial (i.e., pre-computed) basis.
Appears in 1 contract