Payment of Series. 2021-1 Class A-2 Quarterly Post-ARD Contingent Interest. Any Series 2021-1 Class A-2 Quarterly Post-ARD Contingent Interest will be due and payable on any applicable Quarterly Payment Date as and when amounts are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, in the amount so available. For the avoidance of doubt, Series 2021-1 Class A-2 Quarterly Post-ARD Contingent Interest shall accrue and be payable in addition to the interest accrued on the applicable Tranche at the applicable Series 2021-1 Class A-2 Note Rate. The failure to pay any Series 2021-1 Class A-2 Quarterly Post-ARD Contingent Interest in excess of available amounts in accordance with the foregoing (including on the Series 2021-1 Legal Final Maturity Date) will not be an Event of Default and interest will not accrue on any unpaid portion thereof.
Payment of Series. 2024-1 Class A-2 Note Principal.
(a) Series 2024-1 Class A-2 Notes Principal Payment on the Series 2024-1 Class A-2 Legal Final Maturity Date. The Series 2024-1 Class A-2 Outstanding Principal Amount shall be due and payable on the Series 2024-1 Legal Final Maturity Date. The Series 2024-1 Class A-2 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in the Base Indenture and this Section 3.6.
Payment of Series. 2022-1 Quarterly Post-ARD Additional Interest. Any Series 2022-1 Quarterly Post-ARD Additional Interest shall be due and payable on any applicable Quarterly Payment Date as and when amounts are made available for payment thereof (A) on any related Weekly Allocation Date in accordance with the Priority of Payments and (B) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, in the amount so available. The failure to pay any Series 2022-1 Quarterly Post-ARD Additional Interest in excess of available amounts in accordance with the foregoing (including on the Series 2022-1 Legal Final Maturity Date) shall not be an Event of Default and interest shall not accrue on any unpaid portion thereof; provided that in any event all accrued but unpaid Series 2022-1 Quarterly Post-ARD Additional Interest shall be due and payable in full on the Series 2022-1 Legal Final Maturity Date, on any Series 2022-1 Prepayment Date with respect to a prepayment in full of the Series 2022-1 Class A-2 Notes or on any other day on which all of the Series 2022-1 Outstanding Principal Amount is required to be paid in full.
Payment of Series. 2014-1 Class A-2 Quarterly Post-ARD Contingent Interest. Any Series 2014-1 Class A-2 Quarterly Post-ARD Contingent Interest will be due and payable on any applicable Quarterly Payment Date as and when amounts are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, in the amount so available. The failure to pay any Series 2014-1 Class A-2 Quarterly Post-ARD Contingent Interest in excess of available amounts in accordance with the foregoing (including on the Series 2014-1 Legal Final Maturity Date) will not be an Event of Default and interest will not accrue on any unpaid portion thereof.
Payment of Series. 2014-1 Senior Notes Scheduled Principal Payment Amounts and Series 2014-1
Payment of Series. 2016-1 Class A-2 Quarterly Post-ARD Contingent Additional Interest. Amounts accrued in respect of Series 2016-1 Class A-2 Quarterly Post-ARD Contingent Additional Interest for each Tranche of Series 2016-1 Class A-2 Notes will be due and payable on any applicable Quarterly Payment Date as and when amounts are made available for payment thereof (I) on any related Weekly Allocation Date in accordance with the Priority of Payments and (II) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, in the amount so available. The failure to pay any Series 2016-1 Class A-2 Quarterly Post-ARD Contingent Additional Interest in excess of available amounts in accordance with the foregoing (including on the Series 2016-1 Legal Final Maturity Date) will not be an Event of Default and interest will not accrue on any unpaid portion thereof; provided that in any event all accrued but unpaid Series 2016-1 Class A-2 Quarterly Post-ARD Contingent Additional Interest shall be due and payable in full on the Series 2016-1 Legal Final Maturity Date, on any Series 2016-1 Prepayment Date with respect to a prepayment in full of the applicable Tranche of Series 2016-1 Class A-2 Notes or otherwise as part of any Series 2016-1 Final Payment.
Payment of Series. 2019-1 Class A-2 Quarterly Post-
Payment of Series. 2021-1 Class A-2 Note Principal.
(a) Series 2021-1 Class A-2 Notes Principal Payment at Legal Maturity. The Series 2021-1 Outstanding Principal Amount shall be due and payable on the Series 2021-1 Legal Final Maturity Date. The Series 2021-1 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in this Section 3.6.
(b) Series 2021-1 Anticipated Repayment. The Series 2021-1 Final Payment is anticipated to occur on the Quarterly Payment Date occurring in October 2028 (such date, the “Series 2021-1 Anticipated Repayment Date”); provided that: (i) if the DSCR is greater than 2.00x as of the Quarterly Calculation Date immediately preceding the Series 2021-1 Anticipated Repayment Date and the Series 2021-1 Class A-2 Notes are repaid or refinanced in full on or before the date that is one (1) calendar year following the Series 2021-1 Anticipated Repayment Date, the Series 2021-1 Anticipated Repayment Date shall be deemed to be the date on which the Series 2021-1 Class A-2 Notes are repaid or refinanced for all purposes under this Series Supplement and the Base Indenture and (ii) if each of the Series 2021-1 Class A-2 Noteholders and Series 2021-1 Class A-2 Note Owners agree to (x) amend or extend the Series 2021-1 Anticipated Repayment Date, the Series 2021-1 Anticipated Repayment Date shall be deemed to be such amended or extended date for all purposes under this Series Supplement and the Base Indenture and/or (y) waive the occurrence of the failure of the Co-Issuers to make the Series 2021-1 Final Payment on or prior to the Series 2021-1 Anticipated Repayment Date (which waiver may be provided on, prior to or after the Series 2021-1 Anticipated Repayment Date), then, in each case, the Co-Issuers shall be deemed not to have failed to repay or refinance the Series 2021-1 Class A-2 Notes in full on or prior to the Series 2021-1 Anticipated Repayment Date for all purposes under this Series Supplement and the Base Indenture, any related Rapid Amortization Event in respect of the Series 2021-1 Class A-2 Notes shall be deemed not to have occurred under this Series Supplement and the Base Indenture and any related Rapid Amortization Period shall be deemed to have ended automatically as a result of the Rapid Amortization Event being deemed not to occur.
(c) Payment of Series 2021-1 Class A-2 Notes
Payment of Series. 2021-1 Note Principal.
(a) Series 2021-1 Notes Principal Payment at Legal Maturity. The Series 2021-1 Outstanding Principal Amount shall be due and payable on the Series 2021-1 Legal Final Maturity Date. The Series 2021-1 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in this Section 3.6 and, in respect of the Series 2021-1 Class A-1 Outstanding Principal Amount, Section 2.2 of this Series Supplement.
(b) Series 2021-1 Class A-2 Anticipated Repayment Date; Series 2021-1 Class A-1 Renewal Date. The “Series 2021-1 Anticipated Repayment Date” means, (i) with respect to the Series 2021-1 Class A-2-I Notes, the Quarterly Payment Date occurring in March 2029 and (ii) with respect to the Series 2021-1 Class A-2-II Notes, the Quarterly Payment Date occurring in June 2031. The initial Series 2021-1 Class A-1 Notes Renewal Date will be the Quarterly Payment Date occurring in September 2026, unless extended as provided below in this Section 3.6(b).
Payment of Series. 2022-1 Class A-2 Note Principal.
(a) Series 2022-1 Class A-2 Notes Principal Payment at Legal Maturity. The Series 2022-1 Class A-2 Outstanding Principal Amount shall be due and payable on the Series 2022-1 Legal Final Maturity Date. The Series 2022-1 Class A-2 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in this Section 3.6.
(b) Series 2022-1 Class A-2 Anticipated Repayment Date. The “Series 2022-1 Anticipated Repayment Date” means, (i) with respect to the Series 2022-1 Class A-2-I Notes, the Quarterly Payment Date occurring in March 2029 and (ii) with respect to the Series 2022-1 Class A-2-II Notes, the Quarterly Payment Date occurring in March 2032.
