Common use of Undrawn Commitment Fees Clause in Contracts

Undrawn Commitment Fees. From and after the Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 2015-1 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 September 15, 2015. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 2015-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will accrue interest at the Series 2015-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Closing Date, Undrawn Commitment Fees will accrue as provided in the Series 20152018-1 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 September March 15, 20152018. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20152018-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will accrue interest at the Series 20152018-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Closing Date, Undrawn Commitment Fees will shall accrue as provided in the Series 20152018-1 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 September 15December 5, 20152018. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20152018-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will shall accrue interest at the Series 20152018-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 2022-1 Closing Date, Undrawn Commitment Fees will shall accrue as provided in the Series 20152022-1 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 September 15May 25, 20152022. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20152022-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will shall accrue interest at the Series 20152022-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Series 2022-1 Closing Date, Undrawn Commitment Fees will shall accrue as provided in the Series 20152022-1 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 September 15, 20152022. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20152022-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will shall accrue interest at the Series 20152022-1 Class A-1 Note Rate.

Undrawn Commitment Fees. From and after the Closing Date, Undrawn Commitment Fees will shall accrue as provided in the Series 20152022-1 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 September 15June 5, 20152022. To the extent any such amount is not paid on a Quarterly Payment Date when due (a “Series 20152022-1 Class A-1 Quarterly Commitment Fees Shortfall Amount”), such unpaid amount will shall accrue interest at the Series 20152022-1 Class A-1 Note Rate.