Common use of Notices of Final Payment Clause in Contracts

Notices of Final Payment. The Co-Issuers shall notify the Trustee, the Servicer and each of the Rating Agencies on or before the Prepayment Record Date preceding the Series 2021-1 Prepayment Date that shall be the Series 2021-1 Final Payment Date; provided, however, that with respect to any Series 2021-1 Final Payment that is made in connection with any mandatory prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2021-1 Final Payment, and in the case of any optional prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2021-1 Final Payment beyond the notice required to be given in connection with such optional prepayment pursuant to Section 3.6(g) of this Series Supplement. The Trustee shall provide any written notice required under this Section 3.6(l) to each Person in whose name a Series 2021-1 Class A-2 Note is registered at the close of business on such Prepayment Record Date of the Series 2021-1 Prepayment Date that shall be the Series 2021-1 Final Payment Date. Such written notice to be sent to the Series 2021-1 Class A-2 Noteholders shall be made at the expense of the Co-Issuers and shall be mailed by the Trustee within five (5) Business Days of receipt of notice from the Co-Issuers indicating that the Series 2021-1 Final Payment shall be made and shall specify that such Series 2021-1 Final Payment shall be payable only upon presentation and surrender of the Series 2021-1 Class A-2 Notes and shall specify the place where the Series 2021-1 Class A-2 Notes may be presented and surrendered for such Series 2021-1 Final Payment.

Notices of Final Payment. The Co-Issuers shall notify the Trustee, the Servicer and each of the Rating Agencies on or before the Prepayment Record Date preceding the Series 20212022-1 Prepayment Date that shall be the Series 20212022-1 Final Payment Date; provided, however, that with respect to any Series 20212022-1 Final Payment that is made in connection with any mandatory prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 20212022-1 Final Payment, and in the case of any optional prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 20212022-1 Final Payment beyond the notice required to be given in connection with such optional prepayment pursuant to Section 3.6(g) of this Series Supplement. The Trustee shall provide any written notice required under this Section 3.6(l) to each Person in whose name a Series 20212022-1 Class A-2 Note is registered at the close of business on such Prepayment Record Date of the Series 20212022-1 Prepayment Date that shall be the Series 20212022-1 Final Payment Date. Such written notice to be sent to the Series 20212022-1 Class A-2 Noteholders shall be made at the expense of the Co-Issuers and shall be mailed by the Trustee within five (5) Business Days of receipt of notice from the Co-Issuers indicating that the Series 20212022-1 Final Payment shall be made and shall specify that such Series 20212022-1 Final Payment shall be payable only upon presentation and surrender (or deregistration in the case of Uncertificated Notes) of the Series 20212022-1 Class A-2 Notes and shall specify the place where the Series 20212022-1 Class A-2 Notes (other than any Uncertificated Notes) may be presented and surrendered for such Series 20212022-1 Final Payment.

Notices of Final Payment. The Co-Issuers shall notify the Trustee, the Servicer and each of the Rating Agencies of the Series 2019-1 Final Payment Date of a Tranche on or before the Prepayment Record Date preceding the such Series 20212019-1 Prepayment Date that shall be the Series 2021-1 Final Payment Date; provided, however, that with respect to any Series 20212019-1 Final Payment that is made in connection with any mandatory prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2021-1 Final Payment, and in the case of any optional prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 20212019-1 Final Payment beyond the notice required to be given in connection with such optional prepayment pursuant to Section 3.6(g) of this Series Supplement). The Trustee shall provide any written notice required under this Section 3.6(l3.6(k) to each Person in whose name a such Tranche of Series 20212019-1 Class A-2 Note Notes is registered at the close of business on such Prepayment Record Date of the Series 20212019-1 Prepayment Date that shall will be the Series 20212019-1 Final Payment DateDate for such Tranche. Such written notice to be sent to the Series 20212019-1 Class A-2 Noteholders shall be made at the expense of the Co-Issuers and shall be mailed by the Trustee within five (5) Business Days of receipt of notice from the Co-Issuers indicating that the Series 20212019-1 Final Payment shall will be made and shall specify that such Series 20212019-1 Final Payment shall will be payable only upon presentation and surrender of the related Tranche of Series 20212019-1 Class A-2 Notes Notes, which such surrender shall also constitute a general release by the applicable Noteholder from any claims against the Securitization Entities, the Manager, the Trustee and their affiliates, and shall specify the place where the related Tranche of Series 20212019-1 Class A-2 Notes may be presented and surrendered for such Series 20212019-1 Final Payment.

Notices of Final Payment. The Co-Issuers shall notify the Trustee, the Servicer and each of the Rating Agencies on or before the Prepayment Record Date preceding the Series 2021-1 Prepayment Date that shall will be the Series 2021-1 Final Payment DateDate for a Subclass; provided, however, that with respect to any Series 2021-1 Final Payment that is made in connection with any mandatory prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2021-1 Final Payment, and in the case of any optional prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2021-1 Final Payment beyond the notice required to be given in connection with such optional prepayment pursuant to Section 3.6(g3.06(g) of this Series 2021-1 Supplement. The Trustee shall provide any written notice required under this Section 3.6(l3.06(k) to each Person in whose name a Series 2021-1 Class A-2 Senior Note for such Subclass is registered at the close of business on such Prepayment Record Date of the Series 2021-1 Prepayment Date that shall will be the Series 2021-1 Final Payment Date. Such written notice to be sent to the Series 2021-1 Class A-2 Noteholders of such Subclass shall be made at the expense of the Co-Issuers and shall be mailed by the Trustee within five (5) Business Days of receipt of notice from the Co-Issuers indicating that the Series 2021-1 Final Payment shall will be made and shall specify that such Series 2021-1 Final Payment shall be payable only upon presentation and surrender (or deregistration, in the case of Uncertificated Notes) of the Series 2021-1 Class A-2 Senior Notes of such Subclass and shall specify the place where the Series 2021-1 Class A-2 Senior Notes of such Subclass may be presented and surrendered (or deregistered, in the case of Uncertificated Notes) for such Series 2021-1 Final Payment.

Notices of Final Payment. The Co-Issuers shall notify the Trustee, the Servicer and each of the Rating Agencies on or before the Prepayment Record Date preceding the Series 20212024-1 Prepayment Date that shall be the Series 20212024-1 Final Payment Date; provided, however, that with respect to any Series 20212024-1 Final Payment that is made in connection with any mandatory prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 20212024-1 Final Payment, and in the case of any optional prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 20212024-1 Final Payment beyond the notice required to be given in connection with such optional prepayment pursuant to Section 3.6(g) of this Series Supplement. The Trustee shall provide any written notice required under this Section 3.6(l) to each Person in whose name a Series 20212024-1 Class A-2 Note is registered at the close of business on such Prepayment Record Date of the Series 20212024-1 Prepayment Date that shall be the Series 20212024-1 Final Payment Date. Such written notice to be sent to the Series 20212024-1 Class A-2 Noteholders shall be made at the expense of the Co-Issuers and shall be mailed sent by the Trustee within five (5) Business Days of receipt of notice from the Co-Issuers indicating that the Series 20212024-1 Final Payment shall be made and shall specify that such Series 20212024-1 Final Payment shall be payable only upon presentation and surrender (or deregistration in the case of Uncertificated Notes) of the Series 20212024-1 Class A-2 Notes and shall specify the place where the Series 20212024-1 Class A-2 Notes (other than any Uncertificated Notes) may be presented and surrendered for such Series 20212024-1 Final Payment.

Notices of Final Payment. The Co-Issuers shall notify the Trustee, the Servicer and each of the Rating Agencies on or before the Prepayment Record Date preceding the Series 20212019-1 Prepayment Date that shall will be the Series 20212019-1 Final Payment Date; provided, however, that with respect to any Series 20212019-1 Final Payment that is made in connection with any mandatory prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 2021-1 Final Payment, and in the case of any optional prepayment in full, the Co-Issuers shall not be obligated to provide any additional notice to the Trustee or the Rating Agencies of such Series 20212019-1 Final Payment beyond the notice required to be given in connection with such optional prepayment pursuant to Section 3.6(g3.06(g) of this Series Supplement. The Trustee shall provide any written notice required under this Section 3.6(l3.06(k) to each Person in whose name a Series 20212019-1 Class A-2 Note is registered at the close of business on such Prepayment Record Date of the Series 20212019-1 Prepayment Date that shall will be the Series 20212019-1 Final Payment Date. Such written notice to be sent to the Series 20212019-1 Class A-2 Noteholders shall be made at the expense of the Co-Issuers and shall be mailed by the Trustee within five (5) Business Days of receipt of notice from the Co-Issuers indicating that the Series 20212019-1 Final Payment shall will be made and shall specify that such Series 20212019-1 Final Payment shall will be payable only upon presentation and surrender (or deregistration, in the case of Uncertificated Notes) of the Series 20212019-1 Class A-2 Senior Notes and shall specify the place where the Series 20212019-1 Class A-2 Senior Notes may be presented and surrendered (or deregistered, in the case of Uncertificated Notes) for such Series 20212019-1 Final Payment.