Common use of Simple Interest Receivable Clause in Contracts

Simple Interest Receivable. Such Receivable is a Simple Interest Receivable.

Appears in 3 contracts

Samples: Purchase Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Purchase Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Purchase Agreement (NISSAN AUTO RECEIVABLES Co II LLC)

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Simple Interest Receivable. Such Each Receivable is a Simple Interest Receivable.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Merrill Auto Trust Securitization 2008-1)

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