Common use of Payment of Final Installment Clause in Contracts

Payment of Final Installment. The final installment of principal (whether payable by wire transfer or check) of each Note on a Payment Date, the Redemption Date or the Final Scheduled Payment Date will be payable only on presentation and surrender of the Note, subject to Section 2.7(a). The Indenture Trustee will notify each Registered Noteholder of the date the Issuer expects to pay the final installment on any of the Notes, which notice will be delivered no later than five days before that date, and the place where the Notes may be presented and surrendered for payment.

Appears in 87 contracts

Samples: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Lease Trust 2024-B), Indenture (Ford Credit Auto Lease Trust 2024-B)

AutoNDA by SimpleDocs

Payment of Final Installment. The final installment of principal (whether payable by wire transfer or check) of each an Exchange Note on a Payment Date, the Redemption Date or the its Final Scheduled Payment Date will be payable only on presentation and surrender of the Exchange Note, subject to Section 2.7(a). The Indenture Trustee Administrative Agent will notify each Registered the applicable Exchange Noteholder of the date the Issuer expects Borrowers expect to pay the final installment on any of the NotesExchange Note, which notice will be delivered no later than five days before that date, and the place where the Notes Exchange Note may be presented and surrendered for payment.

Appears in 6 contracts

Samples: Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC)

Payment of Final Installment. The final installment of principal (whether payable by wire transfer or check) of each Note on a Payment Date, the Redemption Date or the Final Scheduled Payment Date will be payable only on presentation and surrender of the Note, subject to Section 2.7(a). The Indenture Trustee will notify each Registered Noteholder of the date on which the Issuer expects to pay that the final installment of principal of and interest on any of the Notes, which notice Registered Noteholder’s Notes will be delivered paid no later than five days before that date, and . The notice will state the place where the Notes may be presented and surrendered for paymentpayment of that final installment.

Appears in 4 contracts

Samples: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC)

Payment of Final Installment. The final installment of principal (whether payable by wire transfer or check) of each Series 2016-1 Note on a Payment Date, the Redemption Date or the Series 2016-1 Final Scheduled Payment Maturity Date will be payable only on presentation and surrender of the Note, subject to Section 2.7(a). The Indenture Trustee will notify each Registered Noteholder of the date the Issuer expects to pay the final installment on any of the Notes, which notice will be delivered no later than five days before that date, and the place where the Series 2016-1 Notes may be presented and surrendered for payment.

Appears in 2 contracts

Samples: Series 2016 (Ford Credit Floorplan Corp), Series 2016 (Ford Credit Floorplan Corp)

AutoNDA by SimpleDocs

Payment of Final Installment. The final installment of principal (whether payable by wire transfer or check) of each Series 2018-3 Note on a Payment Date, the Redemption Date or the Series 2018-3 Final Scheduled Payment Maturity Date will be payable only on presentation and surrender of the Note, subject to Section 2.7(a). The Indenture Trustee will notify each Registered Noteholder of the date the Issuer expects to pay the final installment on any of the Notes, which notice will be delivered no later than five days before that date, and the place where the Series 2018-3 Notes may be presented and surrendered for payment.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Payment of Final Installment. The final installment of principal (whether payable by wire transfer or check) of each Note on a Payment Date, the Redemption Date or the Final Scheduled Payment Date will be payable only on presentation and surrender of the Note, subject to Section 2.7(a). The Indenture Trustee will notify each Registered Noteholder of the date the Issuer expects to pay the final installment on any of the Notes, which notice will be delivered no later than five days before that date, and the place where the Notes may be presented and surrendered for payment.

Appears in 1 contract

Samples: Indenture (CAB East LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.