Common use of Payment of Series Clause in Contracts

Payment of Series. 2025-1 Note Principal. (a) Series 2025-1 Notes Principal Payment at Legal Maturity. The Series 2025-1 Outstanding Principal Amount shall be due and payable in full on the Series 2025-1 Legal Final Maturity Date. The Series 2025-1 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in the Base Indenture or this Section 3.6 and, in respect of the Series 2025-1 Class A-1 Outstanding Principal Amount, Section 2.2 of this Series 2025-1 Supplement and the Series 2025-1 Class A-1 Note Purchase Agreement. (b) Series 2025-1 Anticipated Repayment Date; Series 2025-1 Class A-1 Renewal Date. The Series 2025-1 Final Payment Date is anticipated to occur, for the Series 2025-1 Class A-2 Notes, on the Quarterly Payment Date occurring in June 2030 (the “Series 2025-1 Anticipated Repayment Date”). The initial Series 2025-1 Class A-1 Notes Renewal Date will be the Quarterly Payment Date occurring in June 2030, unless extended as provided below in this Section 3.6(b).

Payment of Series. 20252021-1 Note Principal. (a) Series 20252021-1 Notes Principal Payment at Legal Maturity. The Series 20252021-1 Outstanding Principal Amount shall be due and payable in full on the Series 20252021-1 Legal Final Maturity Date. The Series 20252021-1 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in the Base Indenture or this Section 3.6 and, in respect of the Series 20252021-1 Class A-1 Outstanding Principal Amount, Section 2.2 of this Series 2025-1 Supplement and the Series 2025-1 Class A-1 Note Purchase AgreementSupplement. (b) Series 20252021-1 Class A-2 Anticipated Repayment Date; Series 20252021-1 Class A-1 Renewal Date. The “Series 20252021-1 Final Payment Date is anticipated Anticipated Repayment Date” means, (i) with respect to occur, for the Series 20252021-1 Class A-2 A-2-I Notes, on the Quarterly Payment Date occurring in March 2029 and (ii) with respect to the Series 2021-1 Class A-2-II Notes, the Quarterly Payment Date occurring in June 2030 (the “Series 2025-1 Anticipated Repayment Date”)2031. The initial Series 20252021-1 Class A-1 Notes Renewal Date will be the Quarterly Payment Date occurring in June 2030September 2026, unless extended as provided below in this Section 3.6(b).