Common use of Undrawn Commitment Fees Clause in Contracts

Undrawn Commitment Fees. From and after the Series 2021-1 Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 2021-1 Class A-1 Note Purchase Agreement. Such accrued fees will be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on the Quarterly Payment Date in September 2021. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 2021-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will accrue interest at the Series 2021-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 20212018-1 Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 20212018-1 Class A-1 Note Purchase Agreement. Such accrued fees will be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on with the Initial Quarterly Payment Date in September 2021Date. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 2021-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”)due, such unpaid amount will accrue interest at the Series 20212018-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 20212017-1 Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 20212017-1 Class A-1 Note Purchase Agreement. Such accrued fees will be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on the Quarterly Payment Date in September 2021October 25, 2017. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 2021-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”)due, such unpaid amount will accrue interest at the Series 20212017-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 20212017-1 Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 20212017-1 Class A-1 Note Purchase Agreement. Such accrued fees will be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on with the Initial Quarterly Payment Date in September 2021Date. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 2021-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”)due, such unpaid amount will accrue interest at the Series 20212017-1 Class A-1 Note Rate.