Finance Charge. Each Receivable provides for the payment of a finance charge calculated on the basis of the APR stated in the related Contract and such APR has not been modified except as otherwise required under the Servicemembers Civil Relief Act, as amended.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (Franklin Auto Trust 2006-1), Sale and Servicing Agreement (Franklin Auto Trust 2007-1), Sale and Servicing Agreement (Franklin Receivables LLC)
Finance Charge. Each Receivable provides for the payment of a finance charge calculated on the basis of the APR stated in the related Contract and such APR has not been modified except as otherwise required under the Servicemembers Civil Relief Act, as amended.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Franklin Auto Trust 2004-1), Subsequent Transfer Agreement (Franklin Auto Trust 2004-2)
Finance Charge. Each Receivable provides for the payment of a finance charge calculated on the basis of the APR stated in the related Contract and such APR has not been modified except as otherwise required under the Servicemembers Soldiers’ and Sailors’ Civil Relief ActAct of 1940, as amended.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Franklin Auto Trust 2003-2)
