Payment of Note Interest. (a) On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay the following amounts in the following order of priority from amounts deposited into the Series 2017-1 Distribution Account pursuant to Section 2.3:
(i) first, to the Class A Noteholders, the amounts due to the Class A Noteholders described in Sections 2.3(a)(i) and (ii);
(ii) second, to the Class B Noteholders, the amounts due to the Class B Noteholders described in Sections 2.3(a)(iii) and (iv);
(iii) third, to the Class C Noteholders, the amounts due to the Class C Noteholders described in Sections 2.3(a)(v) and (vi); and
(iv) fourth, to the Class R Noteholders, the amounts due to the Class R Noteholders described in Sections 2.3(a)(vii) and (viii).
Payment of Note Interest. On each Payment Date, the Trustee shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2009-1 Noteholders from the Series 2009-1 Distribution Account the amount deposited in the Series 2009-1 Distribution Account for the payment of all amounts payable to the Series 2009-1 Noteholders pursuant to Section 3.3 of this Series Supplement.
Payment of Note Interest. (a) On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay the following amounts in the following order of priority from amounts deposited into the Series 2011-2 Distribution Account pursuant to Section 2.3:
(i) first, to the Class A Noteholders, the amounts due to the Class A Noteholders described in Sections 2.3(a)(i) and (ii); and
(ii) second, to the Class B Noteholders the amounts due to the Class B Noteholders described in Sections 2.3(a)(iii) and (iv).
Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2003-3 Noteholders from the Series 2003-3 Distribution Account the amount due to the Series 2003-3 Noteholders deposited in the Series 2003-3 Distribution Account pursuant to Section 2.3.
Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2005-1 Noteholders from the Series 2005-1 Distribution Account the amount due to the Series 2005-1 Noteholders deposited in the Series 2005-1 Distribution Account pursuant to Section 2.3.
Payment of Note Interest. All payments made pursuant to this Section 4.9 will be made in accordance with the written instructions of the Master Servicer. On each Payment Date:
(a) to the extent any Series 2010-3 Monthly Interest Shortfall exists after the deposits required pursuant to Section 4.8 of this Supplement have been made, and if and only if an Insolvency Period or Liquidation Period shall be continuing (or if such Payment Date is on or after the Series 2010-3 Final Maturity Date), the Master Servicer shall instruct the Paying Agent to withdraw from funds on deposit in the Series 2010-3 Cash Liquidity Account, if any, an amount equal to the lesser of (A) the amount on deposit in the Series 2010-3 Cash Liquidity Account, if any, on such Payment Date (after giving effect to any withdrawals therefrom required on such Payment Date by Sections 4.21(a)), and (B) the remaining amount of the Series 2010-3 Monthly Interest Shortfall, and deposit such amount in the Series 2010-3 Distribution Account to pay the Series 2010-3 Interest Amount to each of the Series 2010-3 Noteholders, to remit to the Issuer for payment of legal fees in accordance with Section 4.8(b) and to pay the Master Servicer, the Back-Up Disposition Agent, the Back-Up Servicer and any other applicable parties pursuant to Section 4.8(c)(iv) (including the Trustee, if applicable) all in accordance with the priorities set forth in Section 4.8;
(b) to the extent any Series 2010-3 Monthly Interest Shortfall exists after the deposits required pursuant to Section 4.8 of this Supplement and, if applicable, clause (a) of this Section 4.9 have been made, the Master Servicer shall instruct the Paying Agent to withdraw from funds on deposit in the Series 2010-3 Excess Funding Account, an amount equal to the lesser of (A) the amount on deposit in the Series 2010-3 Excess Funding Account in excess of the Substitute Group VII Exchanged Vehicle Proceeds Amount, if any, on such Payment Date and the Series 2010-3 Cash Liquidity Amount, if any, on such Payment Date in an amount not to exceed the Series 2010-3 Available Subordinated Amount at such time, and (B) the remaining amount of the Series 2010-3 Monthly Interest Shortfall, and deposit such amount in the Series 2010-3 Distribution Account to pay the Series 2010-3 Interest Amount to the extent payable to each of the Series 2010-3 Noteholders, to remit to the Issuer for payment of legal fees in accordance with Section 4.8(b) and to pay the Master Servicer, the Back-Up Disposition A...
Payment of Note Interest. All payments made pursuant to this Section 4.9 will be made in accordance with the written instructions of the Master Servicer. On each Payment Date:
(a) to the extent any Series 2011-1 Monthly Interest Shortfall exists after the deposits required pursuant to Section 4.8 of this Supplement have been made, and if and only if an Insolvency Period or Liquidation Period shall be continuing (or if such Payment Date is on or after the Series 2011-1 Final Maturity Date), the Master Servicer shall instruct the Paying Agent to withdraw from funds on deposit in the Series 2011-1 Cash Liquidity Account, if any, an amount equal to the lesser of (A) the amount on deposit in the Series 2011-1 Cash Liquidity Account, if any, on such Payment Date (after giving effect to any withdrawals therefrom required on such Payment Date by Sections 4.18(a)), and (B) the remaining amount of the Series 2011-1 Monthly Interest Shortfall, and deposit such amount in the Series 2011-1 Distribution Account to pay first, the Class A Accrued Interest Amount to each of the Class A Noteholders and second, the Class B Accrued Interest Amount to each of the Class B Noteholders, to remit to the Issuer for payment of legal fees in accordance with Section 4.8(b) and to pay the Master Servicer, the Back-Up Disposition Agent, the Back-Up Servicer and any other applicable parties pursuant to Section 4.8(c)(iv) (including the Trustee, if applicable) all in accordance with the priorities set forth in Section 4.8;
(b) to the extent any Series 2011-1 Monthly Interest Shortfall exists after the deposits required pursuant to Section 4.8 of this Supplement and, if applicable, clause (a) of this Section 4.9 have been made, the Master Servicer shall instruct the Paying Agent to withdraw from funds on deposit in the Series 2011-1 Excess Funding Account, an amount equal to the lesser of (A) the amount on deposit in the Series 2011-1 Excess Funding Account in excess of the Substitute Group VIII Exchanged Vehicle Proceeds Amount, if any, on such Payment Date and the Series 2011-1 Cash Liquidity Amount, if any, on such Payment Date in an amount not to exceed the Series 2011-1 Available Subordinated Amount at such time, and (B) the remaining amount of the Series 2011-1 Monthly Interest Shortfall, and deposit such amount in the Series 2011-1 Distribution Account to pay the Series 2011-1 Interest Amount to the extent payable to each of the Series 2011-1 Noteholders, to remit to the Issuer for payment of legal fees in a...
Payment of Note Interest. On each Payment Date, the Trustee, in accordance with Section 6.1 of the Base Indenture, shall pay to the Series 2010-1 Noteholders from the Series 2010-1 Distribution Account the amount deposited in the Series 2010-1 Distribution Account pursuant to Section 2.3 of this Series Supplement the following amounts in the following order of priority.
(i) first, to the Class A Noteholders, pro rata, the Class A Total Monthly Interest for such Payment Date; and
(ii) second, to the Class B Noteholders, pro rata, the Class B Total Monthly Interest for such Payment Date.
Payment of Note Interest. On each Distribution Date, subject to Section 9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 2000-3 Noteholders from the Series 2000-3 Distribution Account the amount deposited in the Series 2000-3 Distribution Account for the payment of interest pursuant to Section 2.3(a) of this Supplement and, to the extent necessary to pay interest on the Series 2000-3 Notes, first, amounts on deposit in the Series 2000-3 Collection Account, second, amounts on deposit in the Series 2000-3 Reserve Account and third, proceeds of a demand on the Surety Bond made in accordance with the terms thereof.
Payment of Note Interest. (a) On any day, on which NFLP has elected or is required to prepay all or a portion of the Series 1997-1 Note Interest that will be due on the next Distribution Date NFLP shall notify the Trustee and the Master Servicer thereof in writing. If NFLP so elects to prepay Series 1997-1 Note Interest, the Paying Agent shall, in accordance with the direction of the Master Servicer delivered under Section 5.3(b), pay to the Series 1997-1 Noteholders from the Series 1997-1 Distribution Account the amount deposited in the Series 1997-1 Distribution Account for the payment of Series 1997-1 Note Interest on such day pursuant to Section 5.3(b).
(b) On each Distribution Date, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Series 1997-1 Noteholders from the Series 1997-1 Distribution Account the amount deposited in the Series 1997-1 Distribution Account for the payment of interest pursuant to Section 5.3(b) and, to the extent that such amount is insufficient to pay all Series 1997-1 Note Interest payable on such Distribution Date, after giving credit for all prepayments on account thereof pursuant to (a) above (the amount of such insufficiency, a "Note Interest Shortfall"), the Master Servicer shall instruct the Trustee in writing (a) to withdraw from the Series 1997-1 Collection Account the lesser of (i) the amount on deposit in the Series 1997-1 Collection Account (up to the Series 1997-1 Available Subordinated Amount on such date) and (ii) the amount of such Note Interest Shortfall and (b) to the extent of any remaining Note Interest Shortfall, to apply to pay such Note Interest Shortfall amounts on deposit in the Series 1997-1 Distribution Account representing the proceeds of a Credit Draw up to the lesser of (i) the remaining Note Interest Shortfall and (ii) the proceeds of such Credit Draw.
