Examples of Class B Stated Maturity Date in a sentence
The net proceeds of such sale and any Collections on the Principal Receivables will be paid pro rata to the Class B Noteholders on the Class B Stated Maturity Date as the final payment of the Class B Notes, and the Class B Noteholders shall not receive any additional payments with respect to the Class B Notes.
After the earlier to occur of the payment in full of the outstanding principal balance of the Series 2000-1 Notes and the Class B Stated Maturity Date, any funds remaining on deposit in the Reserve Fund shall be paid to the Certificateholders.
After the earlier to occur of the payment in full of the outstanding principal balance of the Series 2001-1 Notes and the Class B Stated Maturity Date, any funds remaining on deposit in the Reserve Fund shall be paid to the Certificateholders.
As described above, the entire unpaid principal amount of this Class B Note shall be due and payable on the earlier of the Class B Stated Maturity Date and the Redemption Date, if any, pursuant to Section 10.1 of the Indenture.