Common use of Series Final Maturity Clause in Contracts

Series Final Maturity. (a) The amount to be paid for Series 2015-1 in connection with a reassignment of the Sold Receivables under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. For the Reassignment Amount deposited in the Collection Account under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 2015-1 under Section 5.6(c) of the Indenture, the Indenture Trustee will, (based on the information in the most recent Monthly Investor Report) on the related Payment Date, make payments or distributions of those amounts under Section 4.2. (b) Notwithstanding anything to the contrary in this Indenture Supplement, the Indenture or the Sale and Servicing Agreements, (i) all amounts distributed to the Note Paying Agent under Section 7.1(a) for payment to the Noteholders of the Series 2015-1 Notes will be deemed paid in full to the Noteholders the Series 2015-1 Notes on the date on which those funds are distributed to the Note Paying Agent under this Section 7.1(b) and will be deemed to be a final payment of the Series 2015-1 Notes and (ii) if the amounts available for final payment to the Noteholders of the Series 2015-1 Notes and to the Noteholders of any other Series on any Payment Date are less than the amount required to be so paid, the available amounts will be allocated to each Series based on the respective amounts required to be paid to each Series on that Payment Date.

Series Final Maturity. (a) The amount to be paid for Series 2015-1 5 in connection with a reassignment of the Sold Receivables under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. For the Reassignment Amount deposited in the Collection Account under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 2015-1 5 under Section 5.6(c) of the Indenture, the Indenture Trustee will, (based on the information in the most recent Monthly Investor Report) on the related Payment Date, make payments or distributions of those amounts under Section 4.2. (b) Notwithstanding anything to the contrary in this Indenture Supplement, the Indenture or the Sale and Servicing Agreements, (i) all amounts distributed to the Note Paying Agent under Section 7.1(a) for payment to the Noteholders of the Series 2015-1 5 Notes will be deemed paid in full to the Noteholders the Series 2015-1 5 Notes on the date on which those funds are distributed to the Note Paying Agent under this Section 7.1(b) and will be deemed to be a final payment of the Series 2015-1 5 Notes and (ii) if the amounts available for final payment to the Noteholders of the Series 2015-1 5 Notes and to the Noteholders of any other Series on any Payment Date are less than the amount required to be so paid, the available amounts will be allocated to each Series based on the respective amounts required to be paid to each Series on that Payment Date.

Series Final Maturity. (a) The amount to be paid for Series 20152014-1 4 in connection with a reassignment of the Sold Receivables under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. For the Reassignment Amount deposited in the Collection Account under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 20152014-1 4 under Section 5.6(c) of the Indenture, the Indenture Trustee will, (based on the information in the most recent Monthly Investor Report) on the related Payment Date, make payments or distributions of those amounts under Section 4.2. (b) Notwithstanding anything to the contrary in this Indenture Supplement, the Indenture or the Sale and Servicing Agreements, (i) all amounts distributed to the Note Paying Agent under Section 7.1(a) for payment to the Noteholders of the Series 20152014-1 4 Notes will be deemed paid in full to the Noteholders the Series 20152014-1 4 Notes on the date on which those funds are distributed to the Note Paying Agent under this Section 7.1(b) and will be deemed to be a final payment of the Series 20152014-1 4 Notes and (ii) if the amounts available for final payment to the Noteholders of the Series 20152014-1 4 Notes and to the Noteholders of any other Series on any Payment Date are less than the amount required to be so paid, the available amounts will be allocated to each Series based on the respective amounts required to be paid to each Series on that Payment Date.

Series Final Maturity. (a) The amount to be paid for Series 2015-1 2 in connection with a reassignment of the Sold Receivables under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. For the Reassignment Amount deposited in the Collection Account under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 2015-1 2 under Section 5.6(c) of the Indenture, the Indenture Trustee will, (based on the information in the most recent Monthly Investor Report) on the related Payment Date, make payments or distributions of those amounts under Section 4.2. (b) Notwithstanding anything to the contrary in this Indenture Supplement, the Indenture or the Sale and Servicing Agreements, (i) all amounts distributed to the Note Paying Agent under Section 7.1(a) for payment to the Noteholders of the Series 2015-1 2 Notes will be deemed paid in full to the Noteholders the Series 2015-1 2 Notes on the date on which those funds are distributed to the Note Paying Agent under this Section 7.1(b) and will be deemed to be a final payment of the Series 2015-1 2 Notes and (ii) if the amounts available for final payment to the Noteholders of the Series 2015-1 2 Notes and to the Noteholders of any other Series on any Payment Date are less than the amount required to be so paid, the available amounts will be allocated to each Series based on the respective amounts required to be paid to each Series on that Payment Date.

Series Final Maturity. (a) The amount to be paid for Series 2015-1 4 in connection with a reassignment of the Sold Receivables under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. For the Reassignment Amount deposited in the Collection Account under Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 2015-1 4 under Section 5.6(c) of the Indenture, the Indenture Trustee will, (based on the information in the most recent Monthly Investor Report) on the related Payment Date, make payments or distributions of those amounts under Section 4.2. (b) Notwithstanding anything to the contrary in this Indenture Supplement, the Indenture or the Sale and Servicing Agreements, (i) all amounts distributed to the Note Paying Agent under Section 7.1(a) for payment to the Noteholders of the Series 2015-1 4 Notes will be deemed paid in full to the Noteholders the Series 2015-1 4 Notes on the date on which those funds are distributed to the Note Paying Agent under this Section 7.1(b) and will be deemed to be a final payment of the Series 2015-1 4 Notes and (ii) if the amounts available for final payment to the Noteholders of the Series 2015-1 4 Notes and to the Noteholders of any other Series on any Payment Date are less than the amount required to be so paid, the available amounts will be allocated to each Series based on the respective amounts required to be paid to each Series on that Payment Date.

Series Final Maturity. (a) The amount to be paid for with respect to Series 20152012-1 5 in connection with a reassignment of the Sold Receivables under pursuant to Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. For With respect to the Reassignment Amount deposited in into the Collection Account under pursuant to Section 2.3(c) or 6.1(b) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 20152012-1 under 5 pursuant to Section 5.6(c) of the Indenture, the Indenture Trustee will, will (based on the information in the most recent Monthly Investor Report) on the related Payment Date, make payments or distributions of those such amounts under in accordance with Section 4.2. (b) Notwithstanding anything to the contrary in this Indenture Supplement, the Indenture or the Sale and Servicing Agreements, (i) all amounts distributed to the Note Paying Agent under pursuant to Section 7.1(a) for payment to the Noteholders of the Series 20152012-1 5 Notes will be deemed paid in full to the Noteholders the Series 20152012-1 5 Notes on the date on which those such funds are distributed to the Note Paying Agent under pursuant to this Section 7.1(b) and will be deemed to be a final payment of the Series 20152012-1 5 Notes and (ii) if the amounts available for final payment to the Noteholders of the Series 20152012-1 5 Notes and to the Noteholders of any other Series on any Payment Date are less than the amount required to be so paid, the available amounts will be allocated to each Series based on the respective amounts required to be paid to each such Series on that such Payment Date.