Common use of Repayment on Termination Clause in Contracts

Repayment on Termination. Notwithstanding clause 6.1, on the Quarterly Distribution Date immediately following the Termination Date (or if the Termination Date is on a Quarterly Distribution Date, then on that Quarterly Distribution Date), the Trustee will pay or repay so much of the aggregate of all Advances together with interest accrued thereon and all other money, the payment or repayment of which forms part of the Obligations, as is available for this purpose in accordance with the Series Supplement. If all amounts due in accordance with this clause 6.3 are not paid or repaid in full on the Quarterly Distribution Date in accordance with the foregoing, on each succeeding Quarterly Distribution Date the Trustee will pay or repay so much of such amounts as there are funds available for this purpose in accordance with the Series Supplement until such amounts are paid or repaid in full.

Repayment on Termination. Notwithstanding clause 6.1, on the Quarterly Monthly Distribution Date immediately following the Termination Date (or if the Termination Date is on a Quarterly Monthly Distribution Date, then on that Quarterly Monthly Distribution Date), the Trustee will pay or repay so much of the aggregate of all Advances together with interest accrued thereon and all other money, the payment or repayment of which forms part of the Obligations, as is available for this purpose in accordance with the Series Supplement. If all amounts due in accordance with this clause 6.3 are not paid or repaid in full on the Quarterly Monthly Distribution Date in accordance with the foregoing, on each succeeding Quarterly Monthly Distribution Date the Trustee will pay or repay so much of such amounts as there are funds available for this purpose in accordance with the Series Supplement until such amounts are paid or repaid in full.