Payment of Series 2022-1 Note Principal. (a) Series 2022-1 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 Class A-2 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 and, in respect of the Series 2022-1 Class A-1 Outstanding Principal Amount, Section 2.2 of this Series Supplement.
(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 December 2026 and (ii) with respect to the Series 2022-1 Class A-2-II Notes, the Quarterly Payment Date occurring in December 2031.
Payment of Series 2022-1 Note Principal. (a) Series 2022-1 Notes Principal Payment on the Series 2022-1
Payment of Series 2022-1 Note Principal. (a) Series 2022-1 Class Principal Payment at Legal Maturity. The Series 2022-1 Outstanding Principal Amount shall be due and payable on the Series 2022-1 Legal Final Maturity Date. The Series 2022-1 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 2022-1 Class A-1 Outstanding Principal Amount, Section 2.2 of this Series Supplement and the Series 2022-1 Class A-1 Note Purchase Agreement.
(b) Series 2022-1 Anticipated Repayment; Series 2022-1 Class A-1 Notes Renewal Date. The Series 2022-1 Final Payment is anticipated to occur on the Quarterly Payment Date occurring in October 2027 (such date, the “Series 2022-1 Anticipated Repayment Date”); provided that: (i) if the DSCR is greater than 2.00x as of the Quarterly Calculation Date immediately preceding the Series 2022-1 Anticipated Repayment Date and the Series 2022-1 Class A-2 Notes are repaid or refinanced in full on or before the date that is one (1) calendar year following the Series 2022-1 Anticipated Repayment Date, the Series 2022-1 Anticipated Repayment Date shall be deemed to be the date on which the Series 2022-1 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 2022-1 Class A-2 Noteholders and Series 2022-1 Class A-2 Note Owners agree to (x) amend or extend the Series 2022-1 Anticipated Repayment Date, the Series 2022-1 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 2022-1 Final Payment on or prior to the Series 2022-1 Anticipated Repayment Date (which waiver may be provided on, prior to or after the Series 2022-1 Anticipated Repayment Date), then, in each case, the Co-Issuers shall be deemed not to have failed to repay or refinance the Series 2022-1 Class A-2 Notes in full on or prior to the Series 2022-1 Anticipated Repayment Date for all purposes under this Series Supplement and the Base Indenture, any related Rapid Amortization Event in respect of the Series 2022-1 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. The initial S...
Payment of Series 2022-1 Note Principal. (a) Series 2022-1 Notes Principal Payment at Legal Maturity. The Series 2022-1 Outstanding Principal Amount shall be due and payable on the applicable Series 2022-1 Legal Final Maturity Date. The Series 2022-1 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in this Section 3.06 and, in respect of the Series 2022-1 Class A-1 Outstanding Principal Amount, Section 2.02 of this Series Supplement.
(b) Series 2022-1 Class A‑2 Anticipated Repayment Date; Series 2022-1 Class A-1 Renewal 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 February 2027 and (ii) with respect to the Series 2022-1 Class A-2-II Notes, the Quarterly Payment Date occurring in February 2032. The initial Series 2022-1 Class A-1 Notes Renewal Date shall be the Quarterly Payment Date occurring in February 2027, unless extended as provided below in this Section 3.06(b).
Payment of Series 2022-1 Note Principal. (a) Series 2022-1 Senior Notes Principal Payment at Legal Maturity. The Series 2022-1 Outstanding Principal Amount shall be due and payable on the Series 2022-1 Legal Final Maturity Date. The Series 2022-1 Outstanding Principal Amount is not prepayable, in whole or in part, except as set forth in this Section 3.06 and, in respect of the Series 2022-1 Class A-1 Outstanding Principal Amount, Section 2.02 of this Series 2022-1 Supplement.
(b) Series 2022-1 Class A-1 Notes Renewal Date. The Series 2022-1 Final Payment is anticipated to occur on the Series 2022-1 Class A-1 Senior Notes Renewal Date. The initial Series 2022-1 Class A-1 Senior Notes Renewal Date will be the Quarterly Payment Date occurring in April 2026, unless extended as provided below in this Section 3.06(b).
