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 46.17% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.04% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.82% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 44.45% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 5.51% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

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 46.1757.92% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.043.07% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.820.50% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 44.4533.02% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 5.515.49% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

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 46.1742.41% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.043.38% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.821.03% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 44.4549.16% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 5.514.02% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

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 46.1748.03% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.042.88% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.820.79% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 44.4542.82% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 5.515.49% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

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 46.1740.68% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.044.62% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.820.98% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 44.4552.44% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 5.511.29% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

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 46.1737.48% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.043.28% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.820.84% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 44.4553.17% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 5.515.24% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

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 46.1770.12% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.043.26% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.820.70% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 44.4522.74% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 5.513.18% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

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 46.1740.03% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.042.95% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.820.85% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 44.4550.59% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 5.515.57% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.

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 46.1746.06% of the Initial Aggregate Statistical Contract Value had annual scheduled payments, (B) Initial Receivables having an aggregate Statistical Contract Value equal to 3.043.61% of the Initial Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Initial Receivables having an aggregate Statistical Contract Value equal to 0.820.71% of the Initial Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Initial Receivables having an aggregate Statistical Contract Value equal to 44.4544.41% of the Initial Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Initial Receivables having an aggregate Statistical Contract Value equal to 5.515.21% of the Initial Aggregate Statistical Contract Value had irregularly scheduled payments.