Common use of Undrawn Commitment Fees Clause in Contracts

Undrawn Commitment Fees. From and after the Series 2019-1 Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 2019-1 Class A-1 Note Purchase Agreement. Such accrued fees will be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on the Quarterly Payment Date in September 2019. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 2019-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will accrue interest at the Series 2019-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 2019-1 Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 20192018-1 Class A-1 Note Purchase Agreement. Such accrued fees will be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on the Quarterly Payment Date in September 2019March 15, 2018. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20192018-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will accrue interest at the Series 20192018-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 20192022-1 Closing Date, Undrawn Commitment Fees will shall accrue as provided in the Series 20192022-1 Class A-1 Note Purchase Agreement. Such accrued fees will shall be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 5.13 of the Base Indenture, commencing on the Quarterly Payment Date in September 201915, 2022. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20192022-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will shall accrue interest at the Series 20192022-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 2019-1 Closing Date, Undrawn Commitment Fees will shall accrue as provided in the Series 20192018-1 Class A-1 Note Purchase Agreement. Such accrued fees will shall be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Interim Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on the Quarterly Payment Date in September 2019December 5, 2018. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20192018-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will shall accrue interest at the Series 20192018-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 20192022-1 Closing Date, Undrawn Commitment Fees will shall accrue as provided in the Series 20192022-1 Class A-1 Note Purchase Agreement. Such accrued fees will shall be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 5.13 of the Base Indenture, commencing on the Quarterly Payment Date in September 2019May 25, 2022. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20192022-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will shall accrue interest at the Series 20192022-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 20192020-1 Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 20192020-1 Class A-1 Note Purchase Agreement. Such accrued fees will be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on the Quarterly Payment Date in September 20192020. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20192020-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will accrue interest at the Series 20192020-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 2019-1 Closing Date, Undrawn Commitment Fees will shall accrue as provided in the Series 20192022-1 Class A-1 Note Purchase Agreement. Such accrued fees will shall be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Interim Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on the Quarterly Payment Date in September 2019June 5, 2022. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20192022-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will shall accrue interest at the Series 20192022-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 2019-1 Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 20192015-1 Class A-1 Note Purchase Agreement. Such accrued fees will be due and payable in arrears on each Quarterly Payment Date, from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on the Quarterly Payment Date in September 201915, 2015. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20192015-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will accrue interest at the Series 20192015-1 Class A-1 Note Rate.