Common use of Series Final Maturity Clause in Contracts

Series Final Maturity. (a) The amount to be paid with respect to Series 20__-_ in connection with a reassignment of the Sold Receivables pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. With respect to the Reassignment Amount deposited into the Collection Account pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 20__-_ pursuant to Section 5.6(c) of the Indenture, the Indenture Trustee will, in accordance with the direction of the Servicer, no later than 11:00 a.m. (New York City time) on the related Payment Date, make payments or distributions of the following amounts (in the priority set forth below and, in each case after giving effect to any payments and distributions otherwise to be made on such date) (i) the Note Balance of the Series 20__-_ Notes on such Payment Date will be distributed to the Note Paying Agent for payment to the Noteholders of the Series 20__-_ Notes and (ii) an amount equal to the Accrued Note Interest for such Payment Date, will be distributed to the Note Paying Agent for payment to the Noteholders of the related Class of Series 20__-_ Notes on such Payment Date.

Series Final Maturity. (a) The amount to be paid with respect to Series 20__-_ 2012-2 in connection with a reassignment of the Sold Receivables pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. With respect to the Reassignment Amount deposited into the Collection Account pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 20__-_ 2012-2 pursuant to Section 5.6(c) of the Indenture, the Indenture Trustee will, in accordance with the direction of the Servicer, no later than 11:00 a.m. (New York City time) on the related Payment Date, make payments or distributions of the following amounts (in the priority set forth below and, in each case after giving effect to any payments and distributions otherwise to be made on such date) (i) the Note Balance of the Series 20__-_ 2012-2 Notes on such Payment Date will be distributed to the Note Paying Agent for payment to the Noteholders of the Series 20__-_ 2012-2 Notes and (ii) an amount equal to the Accrued Note Interest for such Payment Date, will be distributed to the Note Paying Agent for payment to the Noteholders of the related Class of Series 20__-_ 2012-2 Notes on such Payment Date.

Series Final Maturity. (a) The amount to be paid with respect to Series 20__-_ 2011-2 in connection with a reassignment of the Sold Receivables pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. With respect to the Reassignment Amount deposited into the Collection Account pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 20__-_ 2011-2 pursuant to Section 5.6(c) of the Indenture, the Indenture Trustee will, in accordance with the direction of the Servicer, no later than 11:00 a.m. (New York City time) on the related Payment Date, make payments or distributions of the following amounts (in the priority set forth below and, in each case after giving effect to any payments and distributions otherwise to be made on such date) (i) the Note Balance of the Series 20__-_ 2011-2 Notes on such Payment Date will be distributed to the Note Paying Agent for payment to the Noteholders of the Series 20__-_ 2011-2 Notes and (ii) an amount equal to the Accrued Note Interest for such Payment Date, will be distributed to the Note Paying Agent for payment to the Noteholders of the related Class of Series 20__-_ 2011-2 Notes on such Payment Date.

Series Final Maturity. (a) The amount to be paid with respect to Series 20__-_ 2012-1 in connection with a reassignment of the Sold Receivables pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. With respect to the Reassignment Amount deposited into the Collection Account pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 20__-_ 2012-1 pursuant to Section 5.6(c) of the Indenture, the Indenture Trustee will, in accordance with the direction of the Servicer, no later than 11:00 a.m. (New York City time) on the related Payment Date, make payments or distributions of the following amounts (in the priority set forth below and, in each case after giving effect to any payments and distributions otherwise to be made on such date) (i) the Note Balance of the Series 20__-_ 2012-1 Notes on such Payment Date will be distributed to the Note Paying Agent for payment to the Noteholders of the Series 20__-_ 2012-1 Notes and (ii) an amount equal to the Accrued Note Interest for such Payment Date, will be distributed to the Note Paying Agent for payment to the Noteholders of the related Class of Series 20__-_ 2012-1 Notes on such Payment Date.

Series Final Maturity. (a) The amount to be paid with respect to Series 20__-_ 2011-1 in connection with a reassignment of the Sold Receivables pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements will be the Reassignment Amount for the first Payment Date following the Collection Period in which the reassignment obligation arises under the Sale and Servicing Agreements. With respect to the Reassignment Amount deposited into the Collection Account pursuant to Section 2.3(c) or 6.1(a) of the Sale and Servicing Agreements or the proceeds from any liquidation of Collateral allocable to Series 20__-_ 2011-1 pursuant to Section 5.6(c) of the Indenture, the Indenture Trustee will, in accordance with the direction of the Servicer, no later than 11:00 a.m. (New York City time) on the related Payment Date, make payments or distributions of the following amounts (in the priority set forth below and, in each case after giving effect to any payments and distributions otherwise to be made on such date) (i) the Note Balance of the Series 20__-_ 2011-1 Notes on such Payment Date will be distributed to the Note Paying Agent for payment to the Noteholders of the Series 20__-_ 2011-1 Notes and (ii) an amount equal to the Accrued Note Interest for such Payment Date, will be distributed to the Note Paying Agent for payment to the Noteholders of the related Class of Series 20__-_ 2011-1 Notes on such Payment Date.