Common use of Series 2018-1 Prepayment Distributions Clause in Contracts

Series 2018-1 Prepayment Distributions. On the Series 2018-1 Prepayment Date for each Series 2018-1 Prepayment to be made pursuant to this Section 3.6 in respect of the Series 2018-1 Class A-2 Notes, the Trustee shall, in accordance with Section 6.1 of the Base Indenture (except that, notwithstanding anything to the contrary therein, references to the distributions being made on a Quarterly Payment Date shall be deemed to be references to distributions made on such Series 2018-1 Prepayment Date and references to the Record Date shall be deemed to be references to the Prepayment Record Date) and based solely upon the applicable written report provided to the Trustee pursuant to Section 3.6(g) of this Series Supplement, wire transfer to the Series 2018-1 Class A-2 Noteholders of record on the preceding Prepayment Record Date on a pro rata basis, based on their respective portion of the Series 2018-1 Outstanding Principal Amount, the amount deposited in the Series 2018-1 Class A-2 Distribution Account pursuant to this Section 3.6, if any, in order to repay the applicable portion of the Series 2018-1 Outstanding Principal Amount and pay all accrued and unpaid interest thereon up to such Series 2018-1 Prepayment Date and any Series 2018-1 Make-Whole Prepayment Consideration due to Series 2018-1 Class A-2 Noteholders payable on such date.

Appears in 2 contracts

Samples: Base Indenture (Driven Brands Holdings Inc.), Driven Brands Holdings Inc.

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Series 2018-1 Prepayment Distributions. On the Series 2018-1 Prepayment Date for each Series 2018-1 Prepayment to be made pursuant to this Section 3.6 2.05 in respect of the Series 2018-1 Class A-2 Senior Notes, the Trustee shall, in accordance with Section 6.1 of the Base Indenture (except that, that notwithstanding anything to the contrary therein, references to the distributions being made on a Quarterly Payment Date shall be deemed to be references to distributions made on such Series 2018-1 Prepayment Date and references to the Record Date shall be deemed to be references to the Prepayment Record Date) and based solely upon the applicable written report provided to the Trustee pursuant to Section 3.6(g2.05(g) of this Series Supplement, for each Subclass receiving a Series 2018-1 Prepayment, wire transfer to the Series 2018-1 Class A-2 Noteholders of record on the preceding Prepayment Record Date for such Subclass on a pro rata basis, based on their respective portion of the Series 2018-1 Outstanding Principal Amount, the amount deposited in the Series 2018-1 Class A-2 Distribution Account pursuant to this Section 3.62.05, if any, in order to repay the applicable portion of the Series 2018-1 Outstanding Principal Amount of such Subclass and pay all accrued and unpaid interest thereon up to such Series 2018-1 Prepayment Date and any Series 2018-1 Class A-2 Make-Whole Prepayment Consideration Premium due to Series 2018-1 Class A-2 Noteholders of such Subclass payable on such date.

Appears in 1 contract

Samples: Dominos Pizza Inc

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Series 2018-1 Prepayment Distributions. On the Series 2018-1 Prepayment Date for each Series 2018-1 Prepayment to be made pursuant to this Section 3.6 in respect of the Series 2018-1 Class A-2 A Notes, the Trustee shall, in accordance with Section 6.1 of the Base Indenture (except that, notwithstanding anything to the contrary therein, references to the distributions being made on a Quarterly Payment Date shall be deemed to be references to distributions made on such Series 2018-1 Prepayment Date and references to the Record Date shall be deemed to be references to the Prepayment Record Date) and based solely upon the applicable written report provided to the Trustee pursuant to Section 3.6(g) of this Series Supplement, wire transfer to the applicable Series 2018-1 Class A-2 A Noteholders of record on the preceding Prepayment Record Date on a pro rata basis, based on their respective portion of the amounts with respect to such Series 2018-1 Outstanding Principal Amount, the amount deposited in the Series 2018-1 Class A-2 Distribution Account pursuant to this Section 3.6Prepayment, if any, in order to repay the applicable portion of the Series 2018-1 Class A Outstanding Principal Amount and pay all accrued and unpaid interest thereon up to such Series 2018-1 Prepayment Date and any Series 2018-1 Class A Make-Whole Prepayment Consideration Premium, if any, due to Series 2018-1 Class A-2 A Noteholders payable on such date, allocated in accordance with the Priority of Payments.

Appears in 1 contract

Samples: SPRINT Corp

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