Common use of Principal Payments on the Series Clause in Contracts

Principal Payments on the Series. 2024-1 Notes. The Scheduled Principal Payment Amount calculated for the Series 2024-1 Notes for each Payment Date shall be payable to the Series 2024-1 Noteholders on each Payment Date from amounts deposited in the 2024-1 Series Account on such Payment Date as provided in (and subject to the provisions of) the Flow of Funds under the Master Indenture and Section 3.02 hereof. At any time that an Early Amortization Event or an Event of Default is then continuing, or if a Rapid Amortization Event with respect to the Series 2024-1 Notes has occurred, then, in addition to the foregoing, the Outstanding Principal Balance of the Series 2024-1 Notes shall be payable on each Payment [Series Supplement (Series 2024-1)] Date to the extent that amounts are available for such purpose in accordance with the Flow of Funds and Section 3.02 hereof.

Principal Payments on the Series. 20242022-1 Notes. The Scheduled Principal Payment Amount calculated for the Series 20242022-1 Notes for each Payment Date shall be payable to the Series 20242022-1 Noteholders on each Payment Date from amounts deposited in the 20242022-1 Series Account on such Payment Date as provided in (and subject to the provisions of) the Flow of Funds under the Master Indenture and Section 3.02 hereof. At any time that an Early Amortization Event or an Event of Default is then continuing, or if a Rapid Amortization Event with respect to the Series 20242022-1 Notes has occurred, then, in addition to the foregoing, the Outstanding Principal Balance of the Series 20242022-1 Notes shall be payable on each Payment [Series Supplement (Series 2024-1)] Date to the extent that amounts are available for such purpose in accordance with the Flow of Funds and Section 3.02 hereof.

Principal Payments on the Series. 20242021-1 Notes. The Scheduled Principal Payment Amount calculated for the Series 20242021-1 Notes for each Payment Date shall be payable to the Series 20242021-1 Noteholders on each Payment Date from amounts deposited in the 20242021-1 Series Account on such Payment Date as provided in (and subject to the provisions of) the Flow of Funds under the Master Indenture and Section 3.02 hereof. At any time that an Early Amortization Event or an Event of Default is then continuing, or if a Rapid Amortization Event with respect to the Series 20242021-1 Notes has occurred, then, in addition to the foregoing, the Outstanding Principal Balance of the Series 20242021-1 Notes shall be payable on each Payment [Series Supplement (Series 2024-1)] Date to the extent that amounts are available for such purpose in accordance with the Flow of Funds and Section 3.02 hereof.

Principal Payments on the Series. 20242022-1 Notes. The Scheduled Principal Payment Amount calculated for the Series 20242022-1 Notes for each Payment Date shall be payable to the Series 20242022-1 Noteholders Holders on each Payment Date from amounts deposited in the 20242022-1 Series Account on such Payment Date as provided in (and subject to the provisions of) the Flow of Funds under the Master Indenture and Section 3.02 hereof. At any time that an Early Amortization Event or an Event of Default is then continuing, or if a Rapid Amortization Event with respect to the Series 20242022-1 Notes has occurred, then, in addition to the foregoing, the Outstanding Principal Balance of the Series 20242022-1 Notes shall be payable on each Payment [Series Supplement (Series 2024-1)] Date to the extent that amounts are available for such purpose in accordance with the Flow of Funds and Section 3.02 hereof.. [Series Supplement (Series 2022-1)]

Principal Payments on the Series. 20242019-1 2 Notes. The Scheduled Principal Payment Amount calculated for the Series 20242019-1 2 Notes for each Payment Date shall be payable to the Series 20242019-1 2 Noteholders on each Payment Date from amounts deposited in the 20242019-1 2 Series Account on such Payment Date as provided in (and subject to the provisions of) the Flow of Funds under the Master Indenture and Section 3.02 hereof. At any time that an Early Amortization Event or an Event of Default is then continuing, or if a Rapid Amortization Event with respect to the Series 20242019-1 2 Notes has occurred, then, in addition to the foregoing, the Outstanding Principal Balance of the Series 20242019-1 2 Notes shall be payable on each Payment [Series Supplement (Series 2024-1)] Date to the extent that amounts are available for such purpose in accordance with the Flow of Funds and Section 3.02 hereof.

Principal Payments on the Series. 20242021-1 Notes. The Scheduled Principal Payment Amount calculated for the Series 20242021-1 Notes for each Payment Date shall be payable to the Series 20242021-1 Noteholders Holders on each Payment Date from amounts deposited in the 20242021-1 Series Account on such Payment Date as provided in (and subject to the provisions of) the Flow of Funds under the Master Indenture and Section 3.02 hereof. At any time that an Early Amortization Event or an Event of Default is then continuing, or if a Rapid Amortization Event with respect to the Series 20242021-1 Notes has occurred, then, in addition to the foregoing, the Outstanding Principal Balance of the Series 20242021-1 Notes shall be payable on each Payment [Series Supplement (Series 2024-1)] Date to the extent that amounts are available for such purpose in accordance with the Flow of Funds and Section 3.02 hereof.

Principal Payments on the Series. 20242023-1 Notes. The Scheduled Principal Payment Amount calculated for the Series 20242023-1 Notes for each Payment Date shall be payable to the Series 20242023-1 Noteholders on each Payment Date from amounts deposited in the 20242023-1 Series Account on such Payment Date as provided in (and subject to the provisions of) the Flow of Funds under the Master Indenture and Section 3.02 hereof. At any time that an Early Amortization Event or an Event of Default is then continuing, or if a Rapid Amortization Event with respect to the Series 20242023-1 Notes has occurred, then, in addition to the foregoing, the Outstanding Principal Balance of the Series 20242023-1 Notes shall be payable on each Payment [Series Supplement (Series 2024-1)] Date to the extent that amounts are available for such purpose in accordance with the Flow of Funds and Section 3.02 hereof.