Common use of Interest Accrual Clause in Contracts

Interest Accrual. Each Exchange Note will accrue interest on its Exchange Note Balance for each Exchange Note Interest Period until the Exchange Note Balance has been paid in full at a rate per annum equal to its Exchange Note Interest Rate for that Exchange Note Interest Period. Interest on each Exchange Note will be calculated in the manner stated in the related Exchange Note Supplement. Interest on each Exchange Note for each Exchange Note Interest Period will be due and payable on the related Payment Date in the amount stated in the related Exchange Note Supplement.

Interest Accrual. Each The 2018-B Exchange Note will accrue interest on its Exchange Note Balance for each Exchange Note Interest Period until the Exchange Note Balance has been paid in full at a rate per annum equal to its the Exchange Note Interest Rate for that Exchange Note Interest Period. Interest on each the 2018-B Exchange Note will be calculated in the manner stated in the related for each Exchange Note SupplementInterest Period on the basis of the actual number of days elapsed and a 360-day year. Interest on each the 2018-B Exchange Note for each Exchange Note Interest Period will be due and payable on the related Payment Date in the amount stated in the related Exchange Note SupplementDate.

Interest Accrual. Each The 2016-A Exchange Note will accrue interest on its Exchange Note Balance for each Exchange Note Interest Period until the Exchange Note Balance has been paid in full at a rate per annum equal to its the Exchange Note Interest Rate for that Exchange Note Interest Period. Interest on each the 2016-A Exchange Note will be calculated in the manner stated in the related for each Exchange Note SupplementInterest Period on the basis of the actual number of days elapsed and a 360-day year. Interest on each the 2016-A Exchange Note for each Exchange Note Interest Period will be due and payable on the related Payment Date in the amount stated in the related Exchange Note SupplementDate.

Interest Accrual. Each The 2018-A Exchange Note will accrue interest on its Exchange Note Balance for each Exchange Note Interest Period until the Exchange Note Balance has been paid in full at a rate per annum equal to its the Exchange Note Interest Rate for that Exchange Note Interest Period. Interest on each the 2018-A Exchange Note will be calculated in the manner stated in the related for each Exchange Note SupplementInterest Period on the basis of the actual number of days elapsed and a 360-day year. Interest on each the 2018-A Exchange Note for each Exchange Note Interest Period will be due and payable on the related Payment Date in the amount stated in the related Exchange Note SupplementDate.