Common use of Payment Frequency Clause in Contracts

Payment Frequency. As of the Initial Cutoff Date and as shown on the books of CNHCA: (A) Initial Receivables having an aggregate Statistical Contract Value equal to % of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to % of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to % of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to % of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to % of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

Appears in 2 contracts

Samples: Purchase Agreement (CNH Capital Receivables LLC), Purchase Agreement (CNH Capital Receivables LLC)

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Payment Frequency. As of the Initial Cutoff Date and as shown on the books of CNHCACase Credit: (A) Initial Receivables having an aggregate Statistical Contract Value equal to 42.78% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 2.80% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.76% of the Initial Aggregate Statistical Contract Xxxxxxxxx Xxxxxxxxxxx Xxxxxxxx Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 46.51% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 7.14% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

Appears in 1 contract

Samples: Case Purchase Agreement (CNH Capital Receivables Inc)

Payment Frequency. As of the Initial Cutoff Date and as shown on the books of CNHCA: (A) Initial Receivables having an aggregate Statistical Contract Value equal to 57.88% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 2.54% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.58% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 30.58% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 8.43% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

Appears in 1 contract

Samples: Purchase Agreement (CNH Equipment Trust 2008-A)

Payment Frequency. As of the Initial Cutoff Date and as shown on the books of CNHCACase Credit: (A) Initial Receivables having an aggregate Statistical Contract Value equal to 40.29% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.38% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.94% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 51.22% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 4.17% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

Appears in 1 contract

Samples: Case Purchase Agreement (CNH Capital Receivables Inc)

Payment Frequency. As of the Initial Cutoff Date and as shown on the books of CNHCACase Credit: (A) Initial Receivables having an aggregate Statistical Contract Value equal to 47.55% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.15% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.77% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 42.49% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 6.04% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

Appears in 1 contract

Samples: CNH Equipment (CNH Capital Receivables Inc)

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Payment Frequency. As of the Initial Cutoff Date and as shown on the books of CNHCA: (A) Initial Receivables having an aggregate Statistical Contract Value equal to 69.85% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.25% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.77% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 20.13% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 6.00% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

Appears in 1 contract

Samples: Purchase Agreement (CNH Equipment Trust 2009-B)

Payment Frequency. As of the Initial Cutoff Date and as shown on the books of CNHCACase Credit: (A) Initial Receivables having an aggregate Statistical Contract Value equal to 42.23% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.38% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.71% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 48.94% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 4.74% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

Appears in 1 contract

Samples: Case Purchase Agreement (CNH Capital Receivables Inc)

Payment Frequency. As of the Initial [Initial] Cutoff Date and as shown on the books of CNHCACNHICA: (A) Initial [Initial] Receivables having an aggregate Statistical Contract Value equal to of approximately % of the Initial [Initial] Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial [Initial] Receivables having an aggregate Statistical Contract Value equal to of approximately % of the Initial [Initial] Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial [Initial] Receivables having an aggregate Statistical Contract Value equal to of approximately % of the Initial [Initial] Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial [Initial] Receivables having an aggregate Statistical Contract Value equal to of approximately % of the Initial [Initial] Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to % the remainder of the Initial Aggregate Statistical Contract Value Receivables had irregularly scheduled payments.

Appears in 1 contract

Samples: Purchase Agreement (CNH Capital Receivables LLC)

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