Common use of Prepayment Premium Not Payable Clause in Contracts

Prepayment Premium Not Payable. For the avoidance of doubt, there is no Series 2022-1 Class A-2 Make-Whole Prepayment Premium for any Tranche payable as a result of (i) the application of Indemnification Amounts or Insurance/Condemnation Proceeds allocated to the Series 2022-1 Class A-2 Notes pursuant to priority (i) of the Priority of Payments, (ii) the payment of any Quarterly Scheduled Principal Amounts (including those paid, in part or in full, at the election of the Master Issuer on a Quarterly Payment Date with respect to which the Series 0000-0 Xxx-Xxxxxxxxxxxx Test has been satisfied) or Quarterly Scheduled Principal Deficiency Amounts and (iii) any prepayment, whether optional or mandatory, on or after the Make-Whole End Date for such Tranche.

Appears in 1 contract

Samples: Base Indenture (Wendy's Co)

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Prepayment Premium Not Payable. For the avoidance of doubt, there is no Series 2022-1 Class A-2 Make-Whole A‑2 Make‑Whole Prepayment Premium for any Tranche payable as a result of (i) the application of Indemnification Amounts or Insurance/Condemnation Proceeds allocated to the Series 2022-1 Class A-2 A‑2 Notes pursuant to priority (i) of the Priority of Payments, (ii) the payment of any Quarterly Scheduled Principal Amounts (including those paid, in part or in full, at the election of the Master Issuer on a Quarterly Payment Date with respect to which the Series 00002022-0 Xxx-Xxxxxxxxxxxx 1 Non‑Amortization Test has been satisfied) or Quarterly Scheduled Principal Deficiency Amounts and (iii) any prepayment, whether optional or mandatory, prepayment on or after the Make-Whole Make‑Whole End Date for such Tranche.

Appears in 1 contract

Samples: Jack in the Box Inc

Prepayment Premium Not Payable. For the avoidance of doubt, there is no Series 20222021-1 Class A-2 Make-Whole Prepayment Premium for any Tranche payable as a result of (i) the application of Indemnification Amounts or Insurance/Condemnation Proceeds allocated to the Series 20222021-1 Class A-2 Notes pursuant to priority (i) of the Priority of Payments, (ii) the payment of any Quarterly Scheduled Principal Amounts (including those paid, in part or in full, at the election of the Master Issuer on a Quarterly Payment Date with respect to which the Series 00002021-0 Xxx1 Non-Xxxxxxxxxxxx Amortization Test has been satisfied) or Quarterly Scheduled Principal Deficiency Amounts and (iii) any prepayment, whether optional or mandatory, on or after the Make-Whole End Date for such Tranche.

Appears in 1 contract

Samples: Base Indenture (Wendy's Co)

Prepayment Premium Not Payable. For the avoidance of doubt, there is no Series 20222018-1 Class A-2 Make-Whole Prepayment Premium for any Tranche payable as a result of (i) the application of Indemnification Amounts or Insurance/Condemnation Proceeds allocated to the Series 20222018-1 Class A-2 Notes pursuant to priority (i) of the Priority of Payments, (ii) the payment of any Quarterly Scheduled Principal Amounts (including those paid, in part or in full, at the election of the Master Issuer on a Quarterly Payment Date with respect to which the Series 00002018-0 Xxx1 Non-Xxxxxxxxxxxx Amortization Test has been satisfied) or Quarterly Scheduled Principal Deficiency Amounts and (iii) any prepayment, whether optional or mandatory, on or after the Make-Whole End Date for such Tranche.

Appears in 1 contract

Samples: Base Indenture (Wendy's Co)

Prepayment Premium Not Payable. For the avoidance of doubt, there is no Series 2022-1 Class A-2 Make-Whole Prepayment Premium for any Tranche payable as a result of (i) the application of Indemnification Amounts or Insurance/Condemnation Proceeds allocated to the Series 2022-1 Class A-2 Notes pursuant to priority (i) of the Priority of Payments, (ii) the payment of any Quarterly Scheduled Principal Amounts (including those paid, in part or in full, at the election of the Master Issuer on a Quarterly Payment Date with respect to which the Series 0000-0 Xxx-Xxxxxxxxxxxx Test has been satisfied) or Quarterly Scheduled Principal Deficiency Amounts and (iii) any prepayment, whether optional or mandatory, prepayment on or after the Make-Whole End Date for such Tranche.

Appears in 1 contract

Samples: Planet Fitness, Inc.

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Prepayment Premium Not Payable. For the avoidance of doubt, there is no Series 20222018-1 Class A-2 Make-Whole Prepayment Premium for any Tranche payable as a result of (i) the application of Indemnification Amounts or Insurance/Condemnation Proceeds allocated to the Series 20222018-1 Class A-2 Notes pursuant to priority (i) of the Priority of Payments, (ii) the payment of any Quarterly Scheduled Principal Amounts (including those paid, in part or in full, at the election of the Master Issuer on a Quarterly Payment Date with respect to which the Series 00002018-0 Xxx1 Non-Xxxxxxxxxxxx Amortization Test has been satisfied) or Quarterly Scheduled Principal Deficiency Amounts and (iii) any prepayment, whether optional or mandatory, prepayment on or after the Make-Whole End Date for such Tranche.

Appears in 1 contract

Samples: Planet Fitness, Inc.

Prepayment Premium Not Payable. For the avoidance of doubt, there is no Series 20222015-1 Class A-2 Make-Whole Prepayment Premium for any Tranche payable as a result of (i) the application of Indemnification Amounts or Insurance/Condemnation Proceeds allocated to the Series 20222015-1 Class A-2 Notes pursuant to priority (i) of the Priority of Payments, (ii) the payment of any Quarterly Scheduled Principal Amounts (including those paid, in part or in full, at the election of the Master Issuer on a Quarterly Payment Date with respect to which the Series 00002015-0 Xxx1 Non-Xxxxxxxxxxxx Amortization Test has been satisfied) or Quarterly Scheduled Principal Deficiency Amounts and (iii) any prepayment, whether optional or mandatory, prepayment on or after the Make-Whole End Date for such Tranche.

Appears in 1 contract

Samples: Base Indenture (Wendy's Co)

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