Common use of Payment Frequency Clause in Contracts

Payment Frequency. As of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately % of the aggregate balance of all Receivables had annual scheduled payments; as of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately % of the aggregate balance of all Receivables had semi-annual scheduled payments; as of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately % of the aggregate balance of all Receivables had quarterly scheduled payments; as of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately % of the aggregate balance of all Receivables had monthly scheduled payments; and as of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately % of the aggregate balance of all Receivables had scheduled payments which occur at various intervals other than intervals described above.

Appears in 4 contracts

Samples: Purchase Agreement, Purchase Agreement (John Deere Receivables, Inc.), Purchase Agreement (John Deere Receivables, Inc.)

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Payment Frequency. As of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately [ ]% of the aggregate balance of all Receivables had annual scheduled payments; as of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately [ ]% of the aggregate balance of all Receivables had semi-annual scheduled payments; as of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately [ ]% of the aggregate balance of all Receivables had quarterly scheduled payments; as of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately [ ]% of the aggregate balance of all Receivables had monthly scheduled payments; and as of the Cut-off Date and as shown on the books of the Seller, Receivables having an aggregate balance equal to approximately [ ]% of the aggregate balance of all Receivables had scheduled payments which occur at various intervals other than the intervals described above.

Appears in 2 contracts

Samples: Purchase Agreement (John Deere Receivables, Inc.), Purchase Agreement (John Deere Receivables LLC)

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