Committed Note Purchasers definition

Committed Note Purchasers means each entity listed as such on Schedule I or in the Class R Supplement pursuant to which such entity became a party to this Supplement.

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Committed Note Purchasers have the meaning specified in the preamble hereto.

Committed Note Purchasers have the meaning specified in the preamble hereto and shall include each Additional Committed Note Purchaser and each Person that becomes a party hereto as a Committed Note Purchaser after the Series 2026-1 Closing Date as a permitted transferee or assignee of any existing Committed Note Purchaser that becomes a party to this Agreement, including pursuant to an Assignment and Assumption Agreement or Investor Group Supplement, in each case, other than any such Person that ceases to be a party hereto, including pursuant to an Assignment and Assumption Agreement or Investor Group Supplement.

Examples of Committed Note Purchasers in a sentence

• If the conditions to any Borrowing described in Section 7.03 are satisfied on the requested Borrowing date, there shall be no conditions whatsoever (including, without limitation, the occurrence of a Rapid Amortization Period, notwithstanding any statement to the contrary in Section 7.03) to the obligation of the Committed Note Purchasers to fund the requested amount on the related Delayed Funding Date.

• Each Funding Agent shall promptly advise its related Conduit Investor, if any, of any notice given pursuant to this Section 2.03(a) and shall promptly thereafter (but in no event later than 10:00 a.m. (New York City time) on the date of Borrowing) notify the Series 2026-1 Class A-1-V Administrative Agent, the Issuer and the related Committed Note Purchaser(s) whether such Conduit Investor has determined to make all or any portion of the Advances in such Borrowing that are to be made by its Investor Group.

• If any Committed Note Purchaser which shall have so failed to fund its Advance shall subsequently pay such amount, the Series 2026-1 Class A-1-V Administrative Agent shall apply such amount pro rata to repay any supplemental Advances made by the other Committed Note Purchasers pursuant to this Section 2.03(b).

More Definitions of Committed Note Purchasers

Committed Note Purchasers have the meaning specified in the preamble hereto. “Committed Note Purchaser Percentage” means, on any date of determination, with respect to any Committed Note Purchaser in any Investor Group, the ratio, expressed as a percentage, which the Commitment Amount of such Committed Note Purchaser bears to such Investor Group’s Maximum Investor Group Principal Amount on such date. “Conduit Assignee” means, with respect to any Conduit Investor, any commercial paper conduit, whose Commercial Paper is rated at least “A-2” from S&P and/or the equivalent rating of another “nationally-recognized statistical rating organization” registered with the SEC, that is administered by the Funding Agent (or for which the related Program Support Provider provides liquidity support) with respect to such Conduit Investor or any Affiliate of such Funding Agent, in each case, designated by such Funding Agent to accept an assignment from such Conduit Investor of the Investor Group Principal Amount or a portion thereof with respect to such Conduit Investor pursuant to Section 9.17(b). “Conduit Investor” and “Conduit Investors” have the meaning specified in the preamble hereto. “Conduit Investor Amounts” has the meaning specified in Section 9.10(c). “CP Advance” means a Series 2018-1 Class A Advance funded or maintained through the issuance of Commercial Paper that bears interest at the CP Rate during such time as it bears interest at such rate, as provided herein. “CP Funding Rate” means, with respect to each Conduit Investor, for any day during any Interest Accrual Period, for any CP Advance funded by such Conduit Investor, the per annum rate equivalent to the weighted average cost (as determined by the related Funding Agent, and which shall include (without duplication) the fees and commissions of placement agents and dealers, incremental carrying costs incurred with respect to Commercial Paper maturing on dates other than those on which corresponding funds are received by such Conduit Investor, other borrowings by such Conduit Investor and any other costs associated with the issuance of Commercial Paper) of or related to the issuance of Commercial Paper that are allocated, in whole or in part, by such Conduit Investor or its related Funding Agent to fund or maintain such CP Advances for such Interest Accrual Period (and which may also be allocated in part to the funding of other assets of the Conduit Investor); provided, however, that if any component of any 4 DMSLIBRARY01\32647597

Committed Note Purchasers has the meaning set forth in the preamble to the Series 2017-1 Class A-1 Note Purchase Agreement.