Examples of Class A Additional Amounts in a sentence
Failure to pay the Class A Excess Consideration and/or Class A Additional Amounts will not cause an Event of Default.
In the event that on any Notes Payment Date the Issuer has no funds available to pay any Class A Additional Amounts there is no obligation to pay such Class A Additional Amounts and such Class A Additional Amounts will not accrue and/or be payable on the next succeeding Notes Payment Date.
In the event that on any Notes Payment Date the Issuer has insufficient funds available to it to satisfy its obligations in respect of amounts of interest (which does not include Class A Excess Consideration or Class A Additional Amounts) due on the Class A Notes on such Notes Payment Date and such interest is not paid within fifteen calendar days from the relevant Notes Payment Date, this will constitute an Event of Default in accordance with Condition 10(a).
The Class A Additional Amounts will be paid on a pro rata and pari passu basis in accordance with the respective amounts outstanding of the Class A1 Notes, the Class A2 Notes and the Class A3 Notes in accordance with the Post-First Optional Redemption Date Revenue Priority of Payments (the Class A Additional Amount Payments).
Class A Additional Amounts Pursuant to Condition 4 the Issuer is only obliged to pay the Class A Additional Amounts if sufficient funds are available.