Common use of Modified Priorities Following Liquidation Clause in Contracts

Modified Priorities Following Liquidation. Notwithstanding Section 5.1, on each Payment Date following the acceleration of the 2024-2 Exchange Note following an Exchange Note Default, the Indenture Trustee will, with respect to the 2024-2 Designated Pool (based on the information contained in the Servicer Report delivered with respect to such Payment Date), withdraw from the 2024-2 Exchange Note Collections Account an amount equal to the 2024-2 Designated Pool Collections for such Payment Date and apply such amounts, together with the proceeds of the sale or liquidation of any portion of the Collateral included in the 2024-2 Designated Pool pursuant to Section 6.4(a)(ii)(z) of the Credit and Security Agreement, in accordance with the following priorities:

Modified Priorities Following Liquidation. Notwithstanding Section 5.1, on each Payment Date following the acceleration of the 2024-2 20 - Exchange Note following an Exchange Note Default, the Indenture Trustee will, with respect to the 2024-2 20 - Designated Pool (based on the information contained in the Servicer Report Servicer’s Certificate delivered with respect to such Payment Date), withdraw from the 2024-2 20 - Exchange Note Collections Account Collection Accounts an amount equal to the 2024-2 20 - Designated Pool Collections for such Payment Date and apply such amounts, together with the proceeds of the sale or liquidation of any portion of the Collateral included in the 2024-2 20 - Designated Pool pursuant to Section 6.4(a)(ii)(z) of the Credit and Security Agreement, in accordance with the following priorities:

Modified Priorities Following Liquidation. Notwithstanding Section 5.1, on each Payment Date following the acceleration of the 2024-2 20 - Exchange Note following an Exchange Note Default, the Indenture Trustee will, with respect to the 2024-2 20 - Designated Pool (based on the information contained in the Servicer Report delivered with respect to such Payment Date), withdraw from the 2024-2 20 - Exchange Note Collections Account an amount equal to the 2024-2 20 - Designated Pool Collections for such Payment Date and apply such amounts, together with the proceeds of the sale or liquidation of any portion of the Collateral included in the 2024-2 20 - Designated Pool pursuant to Section 6.4(a)(ii)(z) of the Credit and Security Agreement, in accordance with the following priorities:

Modified Priorities Following Liquidation. Notwithstanding Section 5.1, on each Payment Date following the acceleration of the 2024-2 20__-_ Exchange Note following an Exchange Note Default, the Indenture Trustee will, with respect to the 2024-2 20__-_ Designated Pool (based on the information contained in the Servicer Report delivered with respect to such Payment Date), withdraw from the 2024-2 20__-_ Exchange Note Collections Account an amount equal to the 2024-2 20__-_ Designated Pool Collections for such Payment Date and apply such amounts, together with the proceeds of the sale or liquidation of any portion of the Collateral included in the 2024-2 20__-_ Designated Pool pursuant to Section 6.4(a)(ii)(z) of the Credit and Security Agreement, in accordance with the following priorities: