Common use of Distributions Following Acceleration Clause in Contracts

Distributions Following Acceleration. If the 2020-B Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 2020-B Exchange Note or the 2020-B Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202022-B A Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202022-B A Exchange Note or the 20202022-B A Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202021-B Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202021-B Exchange Note or the 20202021-B Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202016-B A Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paidapplied, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202016-B A Exchange Note or the 20202016-B A Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202019-B A Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202019-B A Exchange Note or the 20202019-B A Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202018-B Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202018-B Exchange Note or the 20202018-B Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202023-B A Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202023-B A Exchange Note or the 20202023-B A Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202021-B A Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202021-B A Exchange Note or the 20202021-B A Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 2020-B A Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 2020-B A Exchange Note or the 2020-B A Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202019-B Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202019-B Exchange Note or the 20202019-B Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202024-B A Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202024-B A Exchange Note or the 20202024-B A Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202023-B Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202023-B Exchange Note or the 20202023-B Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202018-B A Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202018-B A Exchange Note or the 20202018-B A Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202017-B A Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202017-B A Exchange Note or the 20202017-B A Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).

Distributions Following Acceleration. If the 20202017-B Exchange Note is accelerated due to an Exchange Note Event of Default, all funds available for distribution under Section 5.1(a) will be paid, first, to the Collateral Agent and, second, to the Administrative Agent, in each case, to the extent of any amounts due under Section 8.6 of the Credit and Security Agreement relating to the 20202017-B Exchange Note or the 20202017-B Reference Pool, if those amounts have not been paid by the Borrowers, before making payments under Section 5.1(a).