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
Sources: 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
Sources: Indenture (Auto Nations Receivables Corp), Indenture (Auto Nations Receivables Corp)
Payment of Principal and Interest; Defaulted Interest. (a) Each Class of Notes Note shall accrue interest during each Interest Accrual Period at the related its respective Interest Rate, and such interest shall be payable on each Distribution Payment Date as specified therein, subject to Section 3.01Sections 3.1 and 8.
Appears in 2 contracts
Sources: Indenture (Volkswagen Public Auto Loan Securitization LLC), Indenture (Vw Credit Leasing LTD)
Payment of Principal and Interest; Defaulted Interest. (a) Each Class of the Notes shall accrue interest during each Interest Accrual Period at the related its respective Interest Rate, and such interest shall be due and payable on each Distribution Payment Date as specified therein, subject to Section 3.01Sections 3.1 and 8.
Appears in 1 contract
Sources: Indenture (Americas Carmart Inc)
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
Sources: Indenture (Onyx Acceptance Corp)