Precomputed Receivables. Each Precomputed Receivable shall provide for, in the event that such a Receivable is prepaid, a prepayment that fully pays the Principal Balance and includes accrued but unpaid interest in an amount calculated using an interest rate at least equal to its Note Rate.
Appears in 4 contracts
Samples: Purchase Agreement (Bay View Deposit CORP), Purchase Agreement (Bay View Securitization Corp), Purchase Agreement (Uacsc Auto Trusts)
