Payment of Principal and Interest; Defaulted Interest. (a) Each Class of Notes shall accrue interest during each Interest Accrual Period at the related Interest Rate, and such interest shall be payable on each Distribution Date as specified therein, subject to Section 3.01.
Appears in 9 contracts
Samples: Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)
Payment of Principal and Interest; Defaulted Interest. (a) Each Class of Notes shall accrue interest during each Interest Accrual Period at the related Interest Note Rate, and such interest shall be payable monthly on each Distribution Date as specified therein, subject to Section 3.01.
Appears in 2 contracts
Samples: Auto Nations Receivables Corp, Auto Nations Receivables Corp
Payment of Principal and Interest; Defaulted Interest. (a) Each Class of Notes shall accrue interest during each the related Interest Accrual Period at the related Interest Rate, and such interest shall be payable on each Distribution Monthly Payment Date as specified therein, subject to Section 3.01.with
Appears in 1 contract
Samples: Onyx Acceptance Corp