Class D Notes Sample Clauses
Class D Notes. The 6.84% Asset Backed Notes, Class D in the initial aggregate principal balance of $13,940,000 issued pursuant to the Indenture.
Class D Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2019-2 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2019-2 Distribution Account pursuant to Section 2.5(b), (c), (d) or (e) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class D Noteholder from the Series 2019-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (e) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii) and Section 2.5(f)(iii), to the extent necessary to pay the Class D Controlled Distribution Amount during the Series 2019-2 Controlled Amortization Period or to the extent necessary to pay the Class D Invested Amount during the Series 2019-2 Rapid Amortization Period.
Class D Notes. In respect of the Class D Notes subject to sub-paragraph (vi):
(a) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders of the Class D Notes of one Series only shall be deemed to have been duly passed if passed at a meeting of the holders of the Class D Notes of that Series;
(b) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders of the Class D Notes of any two or more Series but does not give rise to a conflict of interest between the holders of such two or more Series of Class D Notes, shall be deemed to have been duly passed if passed at a single meeting of the holders of such two or more series of Class D Notes; and
(c) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders of the Class D Notes of any two or more Series and gives or may give rise to a conflict of interest between the holders of such two or more Series of Class D Notes, shall be deemed to have been duly passed only if, in lieu of being passed at a single meeting of the holders of such two or more Series of Class D Notes, it shall be passed at separate meetings of the holders of such two or more Series of Class D Notes.
Class D Notes. The redemption price of the Class D Notes shall be calculated on the related Determination Date and shall be equal to the Aggregate Outstanding Amount of the Class D Notes to be redeemed, together with the Class D Interest Distribution Amount (plus any Class D Capitalized Interest and any Class D Defaulted Interest Amount) due on that day of redemption.
Class D Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2021-1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2021-1 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class D Noteholder from the Series 2021-1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii) and Section 2.5(e)(iii), to the extent necessary to pay the Class D Controlled Distribution Amount during the Series 2021-1 Controlled Amortization Period or to the extent necessary to pay the Class D Invested Amount during the Series 2021-1 Rapid Amortization Period.
Class D Notes. On the terms and conditions set forth in this Series 2013-B Supplement, HVF II shall issue, and shall cause the Trustee to authenticate, the initial Class D Notes on the Series 2013-B Restatement Effective Date. Such Class D Notes for each Class D Investor Group shall:
A. bear a face amount as of the Series 2013-B Restatement Effective Date of up to the sum of (i) the Class D Maximum Investor Group Principal Amount with respect to such Class D Investor Group and (ii) the “Class D Maximum Investor Group Principal Amount” (under and as defined in the Series 2013-A Supplement) with respect to such Class D Investor Group (in its capacity as a “Class D Investor Group” under and as defined in the Series 2013-A Supplement), B. have an initial principal amount equal to the Class D Initial Investor Group Principal Amount with respect to such Class D Investor Group, C. be dated the Series 2013-B Restatement Effective Date, D. be registered in the name of the respective Class D Funding Agent or its nominee, as agent for the related Class D Conduit Investor, if any, and the related Class D Committed Note Purchaser, or in such other name as the respective Class D Funding Agent may request,
Class D Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2022-5 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2022-5 Distribution Account pursuant to Section 2.3(f)(ii), 2.5(b), (c), (d) or (e) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class D Noteholder from the Series 2022-5 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c), (d) or (e) less the aggregate amount applied to make the payments required pursuant to Section 2.5(f)(i), Section 2.5(f)(ii) and Section 2.5(f)(iii), to the extent necessary to pay the Class D Controlled Distribution Amount during the Series 2022-5 Controlled Amortization Period or to the extent necessary to pay the Class D Invested Amount during the Series 2022-5 Rapid Amortization Period.
Class D Notes. (i) Commencing on the second Determination Date after the commencement of the Class D Controlled Amortization Period, or the first Determination Date after the commencement of the Series 1999-1 Rapid Amortization Period, (provided that the Class A Notes, the Class B Notes and the Class C Notes shall have then been paid in full), the Servicer shall instruct the Trustee or the Paying Agent as to the following:
(A) the Class D Controlled Distribution Amount for the Related Month, (B) the amount allocated to the Class D Notes during the Related Month pursuant to Section 4.7(b)(i)(2) or 4.7(c)(i)(2) of this Supplement, as applicable, and (C) the amount, if any, by which the amount in clause (A) above exceeds the amount in clause (B) above (the amount of such excess, the "Class D Controlled Distribution Amount Deficiency"); and
(ii) Commencing on the second Payment Date after the commencement of the Class D Controlled Amortization Period, the Trustee shall, subject to Section 4.23 of this Supplement, (1) withdraw from the Series 1999-1 Collection Account an amount equal to the lesser of the amounts specified in clauses (A) and (B) of Section 4.10(d)(i) of this Supplement, (2) to the extent any Class D Controlled Distribution Amount Deficiency remains after application of the amounts specified in clause (1) of this subsection, the Master Servicer shall instruct the Trustee or the Paying Agent to withdraw, from funds on deposit in the Excess Funding Accounts, for the other Group I Series of Notes, if any, an amount equal to the lesser of (x) the aggregate amount on deposit in such Excess Funding Accounts on such Payment Date (after application of any such amounts to pay principal and interest in respect of the related Series of Notes pursuant to the related Series Supplements) in excess of the related Available Subordinated Amounts at such time and (y) the remaining amount of the Class D Controlled Distribution Amount Deficiency, and deposit such amounts in the Class D Distribution Account to be paid, pro rata, to the Class D Noteholders on account of the Class D Controlled Distribution Amount, provided that any such amounts withdrawn from the Excess Funding Accounts for the other Group I Series of Notes shall be applied on a pro rata basis with respect to each Group I Series of Notes with respect to which a Class D Controlled Distribution Amount Deficiency exists after application of the amounts specified in the corresponding sections of the related Series Supple...
Class D Notes. On each Distribution Date for the Class D Notes, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Class D Noteholders from the Series 2002-2 Distribution Account the amount deposited in the Series 2002-2 Distribution Account for the payment of interest pursuant to SECTIONS 3.3(B)(IV), (D), (E) and (F) of this Series Supplement.
Class D Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2002-2 Collection Account and, as applicable, the Series 2002-2 Excess Collection Account pursuant to SECTION 3.5(G) of this Series Supplement or amounts are deposited in the Series 2002-2 Distribution Account pursuant to SECTION 3.5(H) of this Series Supplement, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to each Class D Noteholder from the Series 2002-2 Distribution Account the amount deposited therein pursuant to SECTION 3.5(G) or (H) of this Series Supplement, to the extent necessary to pay the Class D Controlled Amortization Amount during the Class D Controlled Amortization Period, or to the extent necessary to pay the Class D Invested Amount during the Series 2002-2 Rapid Amortization Period or on the Class D Final Distribution Date.