Minimum APR. As of the Initial Cutoff Date, each Initial Receivable has an Annual Percentage Rate of not less than 4.00%.
Appears in 2 contracts
Samples: Purchase Agreement (Navistar Financial 2005-a Owner Trust), Purchase Agreement (Navistar Financial Retail Rec Corp Navistar Fin 04 a Own Tr)
Minimum APR. As of the Initial Cutoff Date, each Initial Receivable has an Annual Percentage Rate of not less than 4.005.00% and, as of the applicable Subsequent Cutoff Date, each Designated Receivable transferred after the Closing Date has an Annual Percentage Rate of not less than 5.06%.
Appears in 1 contract
Minimum APR. As of the Initial Cutoff Date, each Initial Receivable has an Annual Percentage Rate of not less than 4.005.00% and, as of the applicable Subsequent Cutoff Date, each Subsequent Receivable transferred after the Closing Date shall have an Annual Percentage Rate of not less than 5.00%.
Appears in 1 contract
Minimum APR. As of the Initial Cutoff Date, each Initial Receivable has an Annual Percentage Rate of not less than 4.005.50% and, as of the applicable Subsequent Cutoff Date, each Subsequent Receivable transferred after the Closing Date shall have an Annual Percentage Rate of not less than 5.50%.
Appears in 1 contract
Minimum APR. As of the Initial Cutoff Date, each Initial Receivable has an Annual Percentage Rate of not less than 4.004.75%.
Appears in 1 contract
Samples: Purchase Agreement (Navistar Financial 2004-B Owner Trust)
