Common use of Payments of Principal Clause in Contracts

Payments of Principal. The principal amount of each Class A Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(f). The principal amount of each Class B Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(g); in each case, provided that all amounts owing in respect of the Class A Notes have been paid in full. The principal amount of each Class C Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(h); in each case, provided that all amounts owing in respect of the Class A Notes and the Class B Notes have been paid in full. For greater certainty, the amount payable on each Principal Payment Date in respect of the Class A Notes shall be the Outstanding Principal Amount of the Class A Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(f), the amount payable on each Principal Payment Date in respect of the Class B Notes shall be the Outstanding Principal Amount of the Class B Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(g) and the amount payable on each Principal Payment Date in respect of the Class C Notes shall be the Outstanding Principal Amount of the Class C Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(h);

Payments of Principal. The principal amount of each Class A Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Class A Note Liquidation Account on account of principal pursuant to Section 4.2(2)(f)5.1. The principal amount of each Class B Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(g4.2(a)(2)(i)(f); in each case, provided that all amounts owing in respect of the Class A Notes have been paid in full. The principal amount of each Class C Note Principal shall be payable on the applicable Principal Payment Date due and paid in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(h); in each case, provided that all amounts owing U.S. Dollars in respect of the Class A Notes and in Canadian Dollars with respect to the Class B Notes have been paid in fullNotes. For greater certainty, the amount payable on each Principal Payment Date in respect of the Class A Notes shall be the Outstanding Principal Amount of the Class A Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(f)4.2(2)(e) which is to be applied from the Class A Note Liquidation Account on account of principal pursuant to Section 5.1, and the amount payable on each Principal Payment Date in respect of the Class B Notes shall be the Outstanding Principal Amount of the Class B Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(g) and the amount payable on each Principal Payment Date in respect of the Class C Notes shall be the Outstanding Principal Amount of the Class C Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(h4.2(2)(f);

Payments of Principal. The principal amount of each Class A Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Series 2024-1 Note Liquidation Account on account of principal pursuant to Section 4.2(2)(f). The principal amount of each Class B Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(g); in each case, provided that all amounts owing in respect of the Class A Notes have been paid in full. The principal amount of each Class C Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(h); in each case, provided that all amounts owing in respect of the Class A Notes and the Class B Notes have been paid in full5.1. For greater certainty, the amount payable on each Principal Payment Date in respect of the Class A Notes shall be the Outstanding Principal Amount of the Class A Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(f)) which is to be applied from the Series 2024-1 Note Liquidation Account on account of principal pursuant to Section 5.1. The principal amount of each Class B Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Series 2024-1 Note Liquidation Account on account of principal pursuant to Section 5.1; in each case, provided that all amounts owing in respect of the Class A Notes and interest on the Class B Notes have been paid in full. For greater certainty, the amount payable on each Principal Payment Date in respect of the Class B Notes shall be the Outstanding Principal Amount of the Class B Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(g) which is to be applied from the Series 2024-1 Note Liquidation Account on account of principal pursuant to Section 5.1. The principal amount of each Class C Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Series 2024-1 Note Liquidation Account on account of principal pursuant to Section 5.1; in each case, provided that all amounts owing in respect of the Class A Notes, the Class B Notes and interest on the Class C Notes have been paid in full. For greater certainty, the amount payable on each Principal Payment Date in respect of the Class C Notes shall be the Outstanding Principal Amount of the Class C Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(h);) which is to be applied from the Series 2024-1 Note Liquidation Account on account of principal pursuant to Section 5.1.

Payments of Principal. The principal amount of each Class A Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Series 2023-2 Note Liquidation Account on account of principal pursuant to Section 4.2(2)(f). The principal amount of each Class B Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(g); in each case, provided that all amounts owing in respect of the Class A Notes have been paid in full. The principal amount of each Class C Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(h); in each case, provided that all amounts owing in respect of the Class A Notes and the Class B Notes have been paid in full5.1. For greater certainty, the amount payable on each Principal Payment Date in respect of the Class A Notes shall be the Outstanding Principal Amount of the Class A Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(f)) which is to be applied from the Series 2023-2 Note Liquidation Account on account of principal pursuant to Section 5.1. The principal amount of each Class B Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Series 2023-2 Note Liquidation Account on account of principal pursuant to Section 5.1; in each case, provided that all amounts owing in respect of the Class A Notes and interest on the Class B Notes have been paid in full. For greater certainty, the amount payable on each Principal Payment Date in respect of the Class B Notes shall be the Outstanding Principal Amount of the Class B Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(g) which is to be applied from the Series 2023-2 Note Liquidation Account on account of principal pursuant to Section 5.1. The principal amount of each Class C Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Series 2023-2 Note Liquidation Account on account of principal pursuant to Section 5.1; in each case, provided that all amounts owing in respect of the Class A Notes, the Class B Notes and interest on the Class C Notes have been paid in full. For greater certainty, the amount payable on each Principal Payment Date in respect of the Class C Notes shall be the Outstanding Principal Amount of the Class C Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(h);) which is to be applied from the Series 2023-2 Note Liquidation Account on account of principal pursuant to Section 5.1.

Payments of Principal. The principal amount of each Class A Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Class A Note Liquidation Account on account of principal pursuant to Section 4.2(2)(f)5.1. The principal amount of each Class B Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(g); in each case, provided that all amounts owing in respect of the Class A Notes have been paid in full. The principal amount of each Class C Note shall be payable on the applicable Principal Payment Date in an amount equal to a pro rata portion of the amounts required to be applied from the Accumulations Account on account of principal pursuant to Section 4.2(2)(h); in each case, provided that all amounts owing in respect of the Class A Notes and the Class B Notes have been paid in full. Principal shall be due and paid in U.S. Dollars in respect of the Class A Notes and in Canadian Dollars with respect to the Class B Notes and the Class C Notes. For greater certainty, the amount payable on each Principal Payment Date in respect of the Class A Notes shall be the Outstanding Principal Amount of the Class A Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(f)) which is to be applied from the Class A Note Liquidation Account on account of principal pursuant to Section 5.1, the amount payable on each Principal Payment Date in respect of the Class B Notes shall be the Outstanding Principal Amount of the Class B Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(g) and the amount payable on each Principal Payment Date in respect of the Class C Notes shall be the Outstanding Principal Amount of the Class C Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(h);