Common use of Payment of Series 2007-1 Note Principal Clause in Contracts

Payment of Series 2007-1 Note Principal. (a) Series 2007-1 Notes Principal Payment at Legal Maturity. The Series 2007-1 Outstanding Principal Amount shall be due and payable on the Series 2007-1 Legal Final Maturity Date. The Series 2007-1 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in this Section 3.7 and, in respect of the Series 2007-1 Class A-1 Outstanding Principal Amount, Section 2.2 of this Series Supplement.

Payment of Series 2007-1 Note Principal. (a) Series 2007-1 Notes Principal Payment at Legal Maturity. The Series 2007-1 Outstanding Principal Amount shall be due and payable on the Series 2007-1 Legal Final Maturity Date. The Series 2007-1 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in this Section 3.7 4.7 and, in respect of the Series 2007-1 Class A-1 Outstanding Principal Amount, Section 2.2 3.2 of this Series 2007-1 Supplement.