Class A-R Notes Sample Clauses

Class A-R Notes. (a) Borrowing under the Class A-R Notes. From the Closing Date until the last day of the Class A-R Commitment Period, the Issuer may borrow advances, on a revolving basis and in U.S. dollars, under the Class A-R Notes (a "Borrowing" and, the date of any such Borrowing, a "Borrowing Date") (i) on any Business Day during the Reinvestment Period to fund the purchase of Collateral Obligations (including to fund Exposure Amounts), (ii) on any Business Day after the last day of the Reinvestment Period and prior to the end of the Class A-R Commitment Period, to fund Exposure Amounts relating to Revolving Collateral Obligations and Delayed Drawdown Collateral Obligations and to acquire Collateral Obligations pursuant to commitments entered into by the Issuer prior to the last day of the Reinvestment Period, and (iii) on any Business Day a Holder is required to fund a Class A-R Rating Requirement Funding Subaccount to comply with the Rating Requirement, to fund such Class A-R Rating Requirement Funding Subaccount in the amount of the Holder's pro rata share of the Aggregate Undrawn Amount, in each case, provided that the requirements for Borrowings set forth in the Class A-R Note Purchase Agreement are met. Other than Borrowings deposited in a Class A-R Rating Requirement Funding Subaccount, funds received by the Issuer as a result of a Borrowing shall be (w) forwarded to the Retention Provider for payment of the acquisition of Collateral Obligations, (x) deposited into the Ramp-Up Account to be held for future acquisitions of Collateral Obligations, (y) deposited into the Principal Collection Account or (z) deposited into the Revolver Funding Account to fund Exposure Amounts relating to Revolving Collateral Obligations and Delayed Drawdown Collateral Obligations. The aggregate principal amount of any Borrowing (other than a Short Settlement Borrowing) in respect of the Class A-R Notes (taken as a whole) shall be at least U.S.$1,000,000 (and integral multiples of U.S.$10,000, in excess thereof) or, if the Aggregate Undrawn Amount is less than U.S.$1,000,000, such lesser amount. Other than Borrowings deposited in a Class A-R Rating Requirement Funding Subaccount, each Borrowing shall be made by the Issuer pro rata according to the unused portion of the Class A-R Commitments. Each Holder of a Class A-R Note shall be severally obligated to advance to the Issuer its pro rata share of such Borrowing in an amount equal to the product of (a) its percentage ownership of th...

Class A-R Notes. Repayable on Mandatory Repayment Date (a) With respect to any Mandatory Repayment, as of the applicable Mandatory Repayment Date, all or the applicable portion of the Outstanding Class A-R Funded Amount to be repaid pursuant to such Mandatory Repayment shall become due and payable.