Group II Series of Notes definition
Examples of Group II Series of Notes in a sentence
To the extent the foregoing relates to Group II Exchanged Vehicles, the foregoing collateral shall be for the benefit of the Group II Series of Notes and shall, together with any and all proceeds, products, offspring, rents or profits of any and all of the foregoing, be included in Group II Master Collateral.
Accordingly, all references in this Supplement to "all" Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to "all" Series of Notes) shall refer to all Group II Series of Notes.
To the extent that Principal Collections that are allocated to the Series 1998-1 Notes on a Payment Date are not needed to make payments of principal to Series 1998-1 Noteholders or required to be deposited in the Series 1998-1 Distribution Account on such Payment Date, such Principal Collections may, at the written direction of the Master Servicer, be applied to cover principal payments due to or for the benefit of Noteholders of other Group II Series of Notes.
To the extent that Principal Collections that are allocated to the Series 2000-1 Notes on a Payment Date are not needed to make payments of principal to Series 2000-1 Noteholders or required to be deposited in the Series 2000-1 Distribution Account on such Payment Date, such Principal Collections may, at the written direction of the Master Servicer, be applied to cover principal payments due to or for the benefit of Noteholders of other Group II Series of Notes.
Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Group II Series of Notes.
To the extent the foregoing relates to Group II Exchanged Vehicles, the foregoing collateral shall be for the benefit of the Group II Series of Notes (as such term is defined in the Supplement) and shall, together with any and all proceeds, products, offspring, rents or profits of any and all of the foregoing, be included in Group II Master Collateral (as such term is defined in the Supplement).
Aggregate information with respect to the above will be reported to the Trustee, the Master Collateral Agent and others specified in the Financing Documents for Group II Series of Notes on the monthly Reporting Date.
The Master Lease Collateral shall secure the Group II Series of Notes equally and ratably without prejudice, priority (except as otherwise stated in this Supplement) or distinction.
The parties hereto further agree that the Noteholders of each Group II Series of Notes shall be deemed intended third party beneficiaries to this Agreement and the transactions contemplated hereby.
Promptly, from time to time, such other information, documents, or reports respecting the Group II Trucks leased hereunder or the condition or operations, financial or otherwise, of the Guarantor, the Lessee or the Administrator as the Lessor or the Trustee may from time to time reasonably request in order to protect the interests of the Lessor or the Trustee under or as contemplated by this Agreement or any other Applicable Related Document with respect to any Group II Series of Notes.