Common use of Simple Interest Clause in Contracts

Simple Interest. The 2017-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 2017-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Lease Documents

Appears in 3 contracts

Sources: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2017-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2017-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2017-3)

Simple Interest. The 20172016-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172016-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Lease Documents

Appears in 2 contracts

Sources: Asset Representations Review Agreement (GMF Leasing LLC), Asset Representations Review Agreement (GMF Leasing LLC)

Simple Interest. The 20172018-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172018-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Lease Documents

Appears in 2 contracts

Sources: Asset Representations Review Agreement (GMF Leasing LLC), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2018-3)

Simple Interest. The 20172023-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172023-3 Lease Agreement to the Booked Contract Residual Value by the end of the Lease Term, based on the related APR. Lease Documents.

Appears in 2 contracts

Sources: 2023 3 Exchange Note Supplement (GM Financial Automobile Leasing Trust 2023-3), 2023 3 Exchange Note Supplement (GM Financial Automobile Leasing Trust 2023-3)

Simple Interest. The 20172025-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172025-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Lease Documents

Appears in 2 contracts

Sources: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2025-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2025-3)

Simple Interest. The 20172020-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172020-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Lease Documents

Appears in 2 contracts

Sources: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2020-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2020-3)

Simple Interest. The 20172019-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172019-3 Lease Agreement to the Booked Residual Value by the end of the Lease Term, based on the related APR. Lease Documents

Appears in 2 contracts

Sources: Asset Representations Review Agreement (GMF Leasing LLC), Asset Representations Review Agreement (GMF Leasing LLC)

Simple Interest. The 20172016-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172016-3 Lease Agreement to the Booked Contract Residual Value by the end of the Lease Term, based on the related APR. Lease Documents.

Appears in 2 contracts

Sources: 2016 3 Exchange Note Supplement (GMF Leasing LLC), Exchange Note Supplement (GMF Leasing LLC)

Simple Interest. The 2017-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 2017-3 Lease Agreement to the Booked Contract Residual Value by the end of the Lease Term, based on the related APR. Lease Documents.

Appears in 1 contract

Sources: 2017 3 Exchange Note Supplement (GM Financial Automobile Leasing Trust 2017-3)

Simple Interest. The 20172018-3 Lease Agreement is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize the net capitalized cost of such 20172018-3 Lease Agreement to the Booked Contract Residual Value by the end of the Lease Term, based on the related APR. Lease Documents.

Appears in 1 contract

Sources: Exchange Note Supplement (GM Financial Automobile Leasing Trust 2018-3)