Common use of Eligible New Floor Plan Units from Tier Two Manufacturers Clause in Contracts

Eligible New Floor Plan Units from Tier Two Manufacturers. In the case of any Eligible New Floor Plan Unit from a Tier Two Manufacturer, if not previously sold or otherwise disposed of, (A) 5% of the original principal amount of the Floor Plan Loan made as to such Floor Plan Unit will be due and payable on Applicable Curtailment Date 270, (B) 5% of the original principal amount of such Floor Plan Loan will be due and payable on Applicable Curtailment Date 365, (C) 3% of the original principal amount of such Floor Plan Loan will be due and payable on the 15th day of each month, commencing on (and including) Applicable Curtailment Date 395 and continuing thereafter through (and including) Applicable Curtailment Date 545, and (D) 5% of the original principal amount of such Floor Plan Loan will be due and payable on the 15th day of each month, commencing on (and including) Applicable Curtailment Date 575 and continuing thereafter through (and including) Applicable Curtailment Date 695.

Appears in 4 contracts

Samples: Credit Agreement (Camping World Holdings, Inc.), Credit Agreement (Camping World Holdings, Inc.), Credit Agreement (Camping World Holdings, Inc.)

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