Common use of Fixed Rate Payer Payment Date Clause in Contracts

Fixed Rate Payer Payment Date. The 15th day of each January, April, July and October until the first Monthly Distribution Date after the Class A-1 Notes convert to Monthly Pay Class A Notes, in which event the 15th day of each calendar month, subject in either case to adjustment in accordance with the Following Business Day Convention.

Fixed Rate Payer Payment Date. The 15th day of each January, April, July and October until the first Monthly Distribution Date after the Class A-1 A-[ ] Notes convert to Monthly Pay Class A Notes, in which event the 15th day of each calendar month, subject in either case to adjustment in accordance with the Following Business Day Convention.