Common use of Termination of Series Supplement Clause in Contracts

Termination of Series Supplement. This Series Supplement shall cease to be of further effect when (i) all Outstanding Series 2019-3 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2019-3 Notes that have been replaced or paid) to the Trustee for cancellation and all Letters of Credit have expired, have been cash collateralized in full pursuant to the terms of the Class A-1 Note Purchase Agreement or are deemed to no longer be outstanding in accordance with Section 4.04 of the Class A-1 Note Purchase Agreement, (ii) all fees and expenses and other amounts under the Class A-1 Note Purchase Agreement have been paid in full and all Series 2019-3 Class A-1 Commitments have been terminated and (iii) the Issuer hasCo-Issuers have paid all sums payable hereunder; provided that any provisions of this Series Supplement required for the Series 2019-3 Final Payment to be made shall survive until the Series 2019-3 Final Payment is paid to the Series 2019-3 Noteholders. In accordance with Section 6.1(a) of the Base Indenture, the final principal payment due on each Series 2019-3 Note shall only be paid upon due presentment and surrender of such Note for cancellation in accordance with the provisions of such Note at the applicable Corporate Trust Office, which such surrender shall also constitute a general release by the applicable Noteholder from any claims against the Securitization Entities, the ManagerManagers, the Trustee and their Affiliates. In addition to (and notwithstanding) the terms of Section 12.1 of the Base Indenture, upon the payment in full (whether optional or mandatory) or a redemption in full of the Series 2019-3 Notes as provided hereunder as Defeased Notes, the Obligations of the IssuerCo-Issuers and the Guarantors under the Indenture Documents in respect of such Defeased Notes shall be terminated.

Termination of Series Supplement. This Series 2022-1 Supplement shall cease to be of further effect when (i) all Outstanding Series 20192022-3 1 Class A-1 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 20192022-3 1 Class A-1 Notes that have been replaced or paid) to the Trustee for cancellation (or have been deregistered, in the case of Uncertificated Notes) and all Letters of Credit have expired, have been cash collateralized in full pursuant to the terms of the Series 2022-1 Class A-1 Note Purchase Agreement or are deemed to no longer be outstanding in accordance with Section 4.04 of the Series 2022-1 Class A-1 Note Purchase Agreement, (ii) all fees and expenses and other amounts under the Series 2022-1 Class A-1 Note Purchase Agreement have been paid in full and all Series 20192022-3 1 Class A-1 Commitments have been terminated and (iii) the Issuer hasCoCo-Issuers have paid all sums payable hereunder; provided that any provisions of this Series 2022-1 Supplement required for the Series 20192022-3 1 Final Payment to be made shall survive until the Series 20192022-3 1 Final Payment is paid to the Series 20192022-3 1 Class A-1 Noteholders. In accordance with Section 6.1(a) of the Base Indenture, the final principal payment due on each Series 20192022-3 1 Class A-1 Note shall only be paid upon due presentment and surrender of such Note for cancellation in accordance with the provisions of such Note at the applicable Corporate Trust Office, which such surrender shall also constitute a general release by the applicable Noteholder from any claims against the Securitization Entities, the ManagerManagersManager, the Trustee and their Affiliates. In addition to (and notwithstanding) the terms of Section 12.1 of the Base Indenture, upon the payment in full (whether optional or mandatory) or a redemption in full of the Series 2019-3 Notes as provided hereunder as Defeased Notes, the Obligations of the IssuerCo-Issuers and the Guarantors under the Indenture Documents in respect of such Defeased Notes shall be terminatedaffiliates.

Termination of Series Supplement. This Series Supplement shall cease to be of further effect when (i) all Outstanding Series 2019-3 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2019-3 Notes that have been replaced or paid) to the Trustee for cancellation and all Letters of Credit have expired, have been cash collateralized in full pursuant to the terms of the Class A-1 Note Purchase Agreement or are deemed to no longer be outstanding in accordance with Section 4.04 of the Class A-1 Note Purchase Agreement, (ii) all fees and expenses and other amounts under the Class A-1 Note Purchase Agreement have been paid in full and all Series 2019-3 Class A-1 Commitments have been terminated and (iii) the Issuer hasCoCo-Issuers have paid all sums payable hereunder; provided that any provisions of this Series Supplement required for the Series 2019-3 Final Payment to be made shall survive until the Series 2019-3 Final Payment is paid to the Series 2019-3 Noteholders. In accordance with Section 6.1(a) of the Base Indenture, the final principal payment due on each Series 2019-3 Note shall only be paid upon due presentment and surrender of such Note for cancellation in accordance with the provisions of such Note at the applicable Corporate Trust Office, which such surrender shall also constitute a general release by the applicable Noteholder from any claims against the Securitization Entities, the ManagerManagersManagers, the Trustee and their Affiliates. In addition to (and notwithstanding) the terms of Section 12.1 of the Base Indenture, upon the payment in full (whether optional or mandatory) or a redemption in full of the Series 2019-3 Notes as provided hereunder as Defeased Notes, the Obligations of the IssuerCoCo-Issuers and the Guarantors under the Indenture Documents in respect of such Defeased Notes shall be terminated.

Termination of Series Supplement. This 2018-1 Series Supplement shall cease to be of further effect when (i) all Outstanding Series 20192018-3 1 Class A-1 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 20192018-3 1 Class A-1 Notes that have been replaced or paid) to the Trustee for cancellation and all Letters of Credit have expired, have been cash collateralized in full pursuant to the terms of the Series 2018-1 Class A-1 Note Purchase Agreement or are deemed to no longer be outstanding in accordance with Section 4.04 of the Series 2018-1 Class A-1 Note Purchase Agreement, (ii) all fees and expenses and other amounts under the Series 2018-1 Class A-1 Note Purchase Agreement have been paid in full and all Series 20192018-3 1 Class A-1 Commitments have been terminated and (iii) the Issuer hasCoCo-Issuers have paid all sums payable hereunder; provided that any provisions of this 2018-1 Series Supplement required for the Series 20192018-3 1 Final Payment to be made shall survive until the Series 20192018-3 1 Final Payment is paid to the Series 20192018-3 1 Class A-1 Noteholders. In accordance with Section 6.1(a) of the Base Indenture, the final principal payment due on each Series 20192018-3 1 Class A-1 Note shall only be paid upon due presentment and surrender of such Note for cancellation in accordance with the provisions of such Note at the applicable Corporate Trust Office, which such surrender shall also constitute a general release by the applicable Noteholder from of any claims against the Securitization Entities, the ManagerManagersManager, the Trustee and their Affiliates. In addition to (and notwithstanding) the terms of Section 12.1 of the Base Indenture, upon the payment in full (whether optional or mandatory) or a redemption in full of the Series 2019-3 Notes as provided hereunder as Defeased Notes, the Obligations of the IssuerCo-Issuers and the Guarantors under the Indenture Documents in respect of such Defeased Notes shall be terminatedrespective affiliates.