Common use of Required Prepayments; Maturity Clause in Contracts

Required Prepayments; Maturity. (a) Series 2021-B Notes. On September 23, 2024 and on each September 23 thereafter to and including September 23, 2027, the Company will prepay $10,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Series 2021-B Notes at par and without payment of the Make-Whole Amount or any premium; provided that upon any partial prepayment of a Series 2021-B Notes pursuant to Section 8.2 or Section 8.7 or the purchase of Series 2021-B Notes permitted by Section 8.5, the principal amount of each required prepayment of such Series 2021-B Note becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of such Series 2021-B Note is reduced as a result of such prepayment or purchase.

Required Prepayments; Maturity. (a) Series 2021-B A Notes. On September 23June 10, 2024 and on each September 23 June 10 thereafter to and including September 23June 10, 2027, the Company will prepay $10,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Series 2021-B A Notes at par and without payment of the Make-Whole Amount or any premium; provided that upon any partial prepayment of a Series 2021-B A Notes pursuant to Section 8.2 or Section 8.7 or the purchase of Series 2021-B A Notes permitted by Section 8.5, the principal amount of each required prepayment of such Series 2021-B A Note becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of such Series 2021-B A Note is reduced as a result of such prepayment or purchase.