Common use of Contract Rate Clause in Contracts

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest contract that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.75% and not more than 20.00% and is not secured by any interest in real estate;

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Chase Manhattan Bank Usa), Sale and Servicing Agreement (Chase Manhattan Bank Usa)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest contract or note that provides for level scheduled monthly payments over its remaining termterm and, and has as of the Cutoff Date, had a Contract Rate of at least 7.75not less than 5.498% and not per annum or more than 20.0012.500% and is not secured by any interest in real estate;per annum.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Fifth Third Auto Trust 2004-A), Transfer and Sale Agreement (Fifth Third Auto Trust 2004-A)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest contract or note that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.75% and not more than 20.00% and is not secured by any interest in real estate_____%;

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chase Manhattan Bank Usa)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest contract or note that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.751.90% and not more than 20.0018.00% and and, if it has a Contract Rate of less than or equal to 6.90%, it is not secured by any interest in real estatea Saturn Subvented Receivable;

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chase Manhattan Bank Usa)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest or actuarial contract that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.756.00% and not more than 20.00% and is not secured by any interest in real estate%;

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chase Manhattan Auto Owner Trust 1998-B)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest contract or note that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.750.90% and not more than 20.00% and is not secured by any interest in real estate18.00%;

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chase Manhattan Auto Owner Trust 2001 A)

Contract Rate. Each Receivable is a fully-amortizing fixed rate [simple interest interest] contract that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.75____% and not more than 20.00% and is not secured by any interest in real estate_____%;

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Chase Manhattan Bank Usa National Association)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest or actuarial contract that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.757.00% and not more than 20.00% and is not secured by any interest in real estate18.00%;

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chase Manhattan Auto Owner Trust 1998-C)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest contract that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.75_____% and not more than 20.00% and is not secured by any interest in real estate____ %;

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Chase Manhattan Bank Usa)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest contract that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.756.0% and not more than 20.00% and is not secured by any interest in real estate20.0%;

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chase Manhattan Bank Usa)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest contract that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.757.50% and not more than 20.00% and is not secured by any interest in real estate;

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chase Manhattan Bank Usa)

Contract Rate. Each Receivable is a fully-amortizing fixed rate simple interest contract or note that provides for level scheduled monthly payments over its remaining term, and has a Contract Rate of at least 7.75_____% and not more than 20.00_____% and [and, if it has a Contract Rate of less than or equal to _____%, it is not secured by any interest in real estatea Saturn Subvented Receivable];

Appears in 1 contract

Sources: Sale and Servicing Agreement (Chase Manhattan Bank Usa)