Common use of Class R Notes Clause in Contracts

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2021-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 2021-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 2021-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 2021-2 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212022-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212022-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212022-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212022-2 1 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212023-2 7 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212023-2 7 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212023-2 7 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212023-2 7 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212019-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212019-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212019-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212019-2 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212019-2 3 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212019-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i2.5(f)(i), Section 2.5(e)(ii2.5(f)(ii), Section 2.5(e)(iii2.5(f)(iii) and Section 2.5(e)(iv2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212019-2 3 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212019-2 3 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212023-2 8 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212023-2 8 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212023-2 8 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212023-2 8 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212019-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212019-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i2.5(f)(i), Section 2.5(e)(ii2.5(f)(ii), Section 2.5(e)(iii2.5(f)(iii) and Section 2.5(e)(iv2.5(f)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212019-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212019-2 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212019-2 3 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212019-2 3 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212019-2 3 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212019-2 3 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212020-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212020-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212020-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212020-2 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212023-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212023-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212023-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212023-2 1 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212024-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212024-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212024-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212024-2 1 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212023-2 5 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212023-2 5 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212023-2 5 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212023-2 5 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212017-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212017-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212017-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212017-2 1 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212020-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212020-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212020-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212020-2 1 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212017-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212017-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212017-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212017-2 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212019-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212019-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212019-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212019-2 1 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212018-2 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212018-2 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212018-2 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212018-2 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212023-2 6 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212023-2 6 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212023-2 6 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212023-2 6 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 20212018-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 20212018-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv2.5(e)(iii), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 20212018-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 20212018-2 1 Rapid Amortization Period.

Class R Notes. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2021-2 1 Collection Account pursuant to Section 2.5(a) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class R Noteholder from the Series 2021-2 1 Distribution Account the amount deposited therein pursuant to Section 2.5(a) less the aggregate amount applied to make the payments required pursuant to Section 2.5(e)(i), Section 2.5(e)(ii), Section 2.5(e)(iii) and Section 2.5(e)(iv), to the extent necessary to pay the Class R Controlled Amortization Amount during the Series 2021-2 1 Controlled Amortization Period or to the extent necessary to pay the Class R Invested Amount during the Series 2021-2 1 Rapid Amortization Period.