Common use of Scheduled Principal Payments Clause in Contracts

Scheduled Principal Payments. On each Interim Allocation Date prior to the occurrence of a Rapid Amortization as set forth in clause (e) of Section 9.1 of the Base Indenture, the Master Issuer shall instruct the Trustee in writing to allocate from the Collection Account the Series 2011-1 Class A-2 Scheduled Principal Payments Amounts deemed to be “Senior Notes Scheduled Principal Payments Amounts” pursuant to, and to the extent that funds are available therefor in accordance with the provisions of, the Priority of Payments.

Scheduled Principal Payments. On each Interim Weekly Allocation Date prior to the occurrence of a Rapid Amortization Event as set forth in clause (e) of Section 9.1 of the Base Indenture, the Master Issuer shall instruct the Trustee in writing to allocate from the Collection Account the Series 20112018-1 Class A-2 Scheduled Principal Payments Amounts deemed to be “Senior Notes Scheduled Principal Payments AmountsPayments” pursuant to, and to the extent that funds are available therefor in accordance with the provisions of, the Priority of Payments.

Scheduled Principal Payments. On each Interim Weekly Allocation Date prior to the occurrence of a Rapid Amortization Event as set forth in clause (e) of Section 9.1 of the Base Indenture, the Master Issuer shall instruct the Trustee in writing to allocate from the Collection Account the Series 20112012-1 Class A-2 Scheduled Principal Payments Amounts deemed to be “Senior Notes Scheduled Principal Payments AmountsPayments” pursuant to, and to the extent that funds are available therefor in accordance with the provisions of, the Priority of Payments.

Scheduled Principal Payments. On each Interim Weekly Allocation Date prior to the occurrence of a Rapid Amortization Event as set forth in clause (e) of Section 9.1 of the Base Indenture, the Master Issuer shall instruct the Trustee in writing to allocate from the Collection Account the Series 20112015-1 Class A-2 Scheduled Principal Payments Amounts deemed to be “Senior Notes Scheduled Principal Payments AmountsPayments” pursuant to, and to the extent that funds are available therefor in accordance with the provisions of, the Priority of Payments.

Scheduled Principal Payments. On each Interim Weekly Allocation Date prior to the occurrence of a Rapid Amortization Event as set forth in clause (e) of Section 9.1 of the Base Indenture, the Master Issuer shall instruct the Trustee in writing to allocate from the Collection Account the Series 20112017-1 Class A-2 Scheduled Principal Payments Amounts deemed to be “Senior Notes Scheduled Principal Payments AmountsPayments” pursuant to, and to the extent that funds are available therefor in accordance with the provisions of, the Priority of Payments.