Common use of Additional Ownership Interests Clause in Contracts

Additional Ownership Interests. 1. Subject to Section 2.6(2) and to Section 3.3 of the Pooling and Servicing Agreement, the Unadjusted Invested Amount of the Series 2023-1 Ownership Interest may be increased upon the purchase by the Series 2023-1 Co-Owner and Transfer by the Seller or the Co-Owners of other Series of one or more Additional Ownership Interests, provided that any amendment to this Agreement to give effect to such increase must not modify the Principal Terms of the Series 2023-1 Ownership Interest. 2. Transfers of Additional Ownership Interests in relation to the Series 2023-1 Ownership Interest will be subject to satisfaction of the following conditions: a) the Rating Agency Condition; and b) the Seller shall have delivered to the Series 2023-1 Co-Owner, the Custodian and any Entitled Party one or more Officer’s Certificates stating that the Seller believes that such Transfer shall not result in the occurrence of an Amortization Event with respect to any Series or Class or materially adversely affect the amount or timing of deposits or remittances to be made in respect of Ownership Interests of any Series or Class. 3. Upon the Transfer of an Additional Ownership Interest in relation to the Series 2023-1 Ownership Interest, the Unadjusted Invested Amount of the Series 2023-1 Ownership Interest will be increased by the stated dollar amount of the Additional Ownership Interest.

Additional Ownership Interests. ‌ 1. Subject to Section 2.6(2) and to Section 3.3 of the Pooling and Servicing Agreement, the Unadjusted Invested Amount of the Series 2023-1 2 Ownership Interest may be increased upon the purchase by the Series 2023-1 2 Co-Owner and Transfer by the Seller or the Co-Owners of other Series of one or more Additional Ownership Interests, provided that any amendment to this Agreement to give effect to such increase must not modify the Principal Terms of the Series 2023-1 2 Ownership Interest. 2. Transfers of Additional Ownership Interests in relation to the Series 2023-1 2 Ownership Interest will be subject to satisfaction of the following conditions: a) 3. the Rating Agency Condition; and b) 4. the Seller shall have delivered to the Series 2023-1 2 Co-Owner, the Custodian and any Entitled Party one or more Officer’s Certificates stating that the Seller believes that such Transfer shall not result in the occurrence of an Amortization Event with respect to any Series or Class or materially adversely affect the amount or timing of deposits or remittances to be made in respect of Ownership Interests of any Series or Class. 35. Upon the Transfer of an Additional Ownership Interest in relation to the Series 2023-1 2 Ownership Interest, the Unadjusted Invested Amount of the Series 2023-1 2 Ownership Interest will be increased by the stated dollar amount of the Additional Ownership Interest.

Additional Ownership Interests. ‌ 1. Subject to Section 2.6(2) and to Section 3.3 of the Pooling and Servicing Agreement, the Unadjusted Invested Amount of the Series 20232025-1 Ownership Interest may be increased upon the purchase by the Series 20232025-1 Co-Owner and Transfer by the Seller or the Co-Owners of other Series of one or more Additional Ownership Interests, provided that any amendment to this Agreement to give effect to such increase must not modify the Principal Terms of the Series 20232025-1 Ownership Interest. 2. Transfers of Additional Ownership Interests in relation to the Series 20232025-1 Ownership Interest will be subject to satisfaction of the following conditions: a) a. the Rating Agency Condition; and b) b. the Seller shall have delivered to the Series 20232025-1 Co-Owner, the Custodian and any Entitled Party one or more Officer’s Certificates stating that the Seller believes that such Transfer shall not result in the occurrence of an Amortization Event with respect to any Series or Class or materially adversely affect the amount or timing of deposits or remittances to be made in respect of Ownership Interests of any Series or Class. 3. Upon the Transfer of an Additional Ownership Interest in relation to the Series 20232025-1 Ownership Interest, the Unadjusted Invested Amount of the Series 20232025-1 Ownership Interest will be increased by the stated dollar amount of the Additional Ownership Interest.

Additional Ownership Interests. 1. Subject to Section 2.6(2) and to Section 3.3 of the Pooling and Servicing Agreement, the Unadjusted Invested Amount of the Series 20232024-1 Ownership Interest may be increased upon the purchase by the Series 20232024-1 Co-Owner and Transfer by the Seller or the Co-Owners of other Series of one or more Additional Ownership Interests, provided that any amendment to this Agreement to give effect to such increase must not modify the Principal Terms of the Series 20232024-1 Ownership Interest. 2. Transfers of Additional Ownership Interests in relation to the Series 20232024-1 Ownership Interest will be subject to satisfaction of the following conditions: a) 3. the Rating Agency Condition; and b) 4. the Seller shall have delivered to the Series 20232024-1 Co-Owner, the Custodian and any Entitled Party one or more Officer’s Certificates stating that the Seller believes that such Transfer shall not result in the occurrence of an Amortization Event with respect to any Series or Class or materially adversely affect the amount or timing of deposits or remittances to be made in respect of Ownership Interests of any Series or Class. 35. Upon the Transfer of an Additional Ownership Interest in relation to the Series 20232024-1 Ownership Interest, the Unadjusted Invested Amount of the Series 20232024-1 Ownership Interest will be increased by the stated dollar amount of the Additional Ownership Interest.