Senior Subordinated Notes Quarterly Interest Amount definition

Senior Subordinated Notes Quarterly Interest Amount means, with respect to each Quarterly Payment Date, the aggregate amount of interest due and payable, with respect to any Class of Senior Subordinated Notes Outstanding, on the Senior Subordinated Notes that is identified as the “Senior Subordinated Notes Quarterly Interest Amount” in the applicable Series Supplement (other than any Post-ARD Additional Interest).

Senior Subordinated Notes Quarterly Interest Amount means, with respect to each Quarterly Payment Date, the aggregate amount of interest due and payable, with respect to the related Interest Accrual Period, on any Class of Senior Subordinated Notes Outstanding that is identified as “Senior Subordinated Notes Quarterly Interest Amount” in the applicable Series Supplement (other than any Post-Anticipated Call Date Additional Interest); provided that any amount identified as “Post-Anticipated Call Date Additional Interest” in any Series Supplement shall under no circumstances be deemed to constitute part of the “Senior Subordinated Notes Quarterly Interest Amount.”

Senior Subordinated Notes Quarterly Interest Amount in the applicable Series Supplement. “Senior Subordinated Notes Quarterly Post-ARD Contingent Interest Amount” means, for each Quarterly Payment Date, with respect to each Class of Senior Subordinated Notes Outstanding, the amounts identified as “Senior Subordinated Notes Quarterly Post-ARD Contingent Interest Amount” in the applicable Series Supplement. “Senior Subordinated Notes Quarterly Scheduled Principal Amounts” means, with respect to each Class of Senior Subordinated Notes Outstanding, each Scheduled Principal Payment with respect to such Class of Senior Subordinated Notes. “Senior Subordinated Notes Quarterly Scheduled Principal Deficiency Amount” means with respect to each Interim Allocation Date, and with respect to all Senior Subordinated Notes Outstanding, the aggregate amounts identified as the “Senior Subordinated Notes Quarterly Scheduled Principal Deficiency Amount” in each applicable Series Supplement. “Series 2024-1 Closing Date” means June 12, 2024. “Series 2024-1 Springing Amendments Implementation Date” means the first date following the Series 2024-1 Closing Date upon which all of the Series 2019-1 Class A-2 Notes and the Series 2022-1 Class A-2 Notes have been paid in full. “Series Account” means any account or accounts established pursuant to a Series Supplement for the benefit of a Series of Notes (or any Class thereof). “Series Anticipated Repayment Date” means, with respect to any Series of Notes, Class, Subclass or Tranche thereunder, the “Anticipated Repayment Date” as set forth in the related Series Supplement, which will be the Series Anticipated Repayment Date for such Series of Notes, or Class, Subclass or Tranche thereunder, as adjusted pursuant to the terms of the applicable Series Supplement.

Examples of Senior Subordinated Notes Quarterly Interest Amount in a sentence

• In the meantime, there are two things I want to highlight:  Vacation Bible School is coming July 31-August 3, 5:30pm-8pm each evening.

• If the amount of funds allocated to the Senior Subordinated Notes Interest Payment Account referred to in subclause (i) is insufficient to pay the accrued and unpaid Senior Subordinated Notes Quarterly Interest Amount due on such Quarterly Payment Date, then a Quarterly Reallocation Event pursuant to Section 5.12(p) shall be triggered and any funds reallocated as a result thereof into the Senior Subordinated Notes Interest Payment Account shall be distributed in accordance with subclause (i) above.

• If the amount of funds allocated to the Senior Subordinated Notes Interest Payment Account referred to in subclause (i) is insufficient to pay the accrued and unpaid Senior Subordinated Notes Quarterly Interest Amount due on such Quarterly Payment Date, then a Quarterly Reallocation Event pursuant to Section 5.11(p) shall be triggered and any funds reallocated as a result thereof into the Senior Subordinated Notes Interest Payment Account shall be distributed in accordance with subclause (i) above.

• If the amount of funds allocated to the Senior Subordinated Notes Interest Payment Account referred to in subclause (i) is insufficient to pay the accrued and unpaid Senior Subordinated Notes Quarterly Interest Amount due on such Quarterly Payment Date, then a Quarterly Reallocation Event pursuant to Section 5.14(p) shall be triggered and any funds reallocated as a result thereof into the Senior Subordinated Notes Interest Payment Account shall be distributed in accordance with subclause (i) above.

More Definitions of Senior Subordinated Notes Quarterly Interest Amount

Senior Subordinated Notes Quarterly Interest Amount in the applicable Series Supplement (other than any Post- ARD Additional Interest).

Senior Subordinated Notes Quarterly Interest Amount in any Series Supplement will under no circumstances be deemed to constitute “Senior Subordinated Notes Quarterly Post-ARD Additional Interest”. “Senior Subordinated Notes Scheduled Principal Payments Amounts” means, with respect to any Class of Senior Subordinated Notes Outstanding, any Scheduled Principal Payments with respect to such Class of Senior Subordinated Notes. “Senior Subordinated Notes Scheduled Principal Payments Deficiency Amount”, with respect to any Series of Senior Subordinated Notes, has the meaning specified in the related Series Supplement. “Senior Subordinated Principal Shortfall” has the meaning set forth in Section 5.12(i)(ii) of the Base Indenture. “Series 2015-1 Class A-2 Notes” means the Series 2015-1 5.216% Fixed Rate Senior Secured Notes, Class A-2, issued on the Series 2015-1 Closing Date pursuant to the Base Indenture as supplemented by the Series 2015-1 Supplement. “Series 2015-1 Closing Date” means July 31, 2015. “Series 2015-1 Notes” means the Series 2015-1 Class A-2 Notes. “Series 2015-1 Supplement” means the Series 2015-1 Supplement, dated as of July 31, 2015, by and among the Issuer, the Trustee and the Series 2015-1 Securities Intermediary (as defined therein), as amended on the Series 2020-1 Closing Date and as further amended, supplemented or otherwise modified from time to time. “Series 2016-1 Class A-2 Notes” means the Series 2016-1 6.125% Fixed Rate Senior Secured Notes, Class A-2, issued on the Series 2016-1 Closing Date pursuant to the Base Indenture as supplemented by the Series 2016-1 Supplement. “Series 2016-1 Closing Date” means May 20, 2016. “Series 2016-1 Notes” means the Series 2016-1 Class A-2 Notes. “Series 2016-1 Supplement” means the Series 2016-1 Supplement, dated as of May 20, 2016, by and among the Issuer, the Trustee and the Series 2016-1 Securities Intermediary (as defined therein), as amended on the Series 2020-1 Closing Date and as further amended, supplemented or otherwise modified from time to time. “Series 2018-1 Class A-2 Notes” means the Series 2018-1 4.739% Fixed Rate Senior Secured Notes, Class A-2, issued on the Series 2018-1 Closing Date pursuant to the Base Indenture as supplemented by the Series 2018-1 Supplement.