Common use of Payment of Note Principal Clause in Contracts

Payment of Note Principal. (a) Monthly Payments During Series 2009-1 Controlled Amortization Period or Series 2009-1 Rapid Amortization Period. Commencing on the earlier to occur of (i) the Determination Date immediately preceding the first Series 2009-1 Controlled Amortization Payment Date, or (ii) the first Determination Date after the commencement of the Series 2009-1 Rapid Amortization Period and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (v) the amount allocated to the Series 2009-1 Notes pursuant to Section 3.2(b)(ii) or 3.2(c)(ii) of this Series Supplement, as the case may be, and any amounts allocated from the Series 2009-1 Excess Collection Account to the Series 2009-1 Collection Account pursuant to Section 3.2(f) of this Series Supplement and/or allocated to the Series 2009-1 Collection Account pursuant to Section 3.2(e) or Section 3.3(f) of this Series Supplement, in each case, prior to such date and not previously deposited into the Series 2009-1 Distribution Account for payment to the Series 2009-1 Noteholders and the amount of the portion of the Monthly Base Rent under the HVF Lease that will be allocated to the Series 2009-1 Notes pursuant to Section 3.2(b)(ii) or 3.2(c)(ii) of this Series Supplement, as the case may be, (w) any amounts to be withdrawn from the Series 2009-1 Reserve Account and deposited into the Series 2009-1 Distribution Account, (x) any amounts to be drawn on the Series 2009-1 Letters of Credit (and/or withdrawn from the Series 2009-1 Cash Collateral Account) and (y) the amount of any demand to be made under the Series 2009-1 Demand Note. On each Series 2009-1 Controlled Amortization Payment Date and the Expected Final Payment Date, the Trustee shall withdraw such amounts from the Series 2009-1 Collection Account allocated to pay principal of the Series 2009-1 Notes during the related Series 2009-1 Controlled Amortization Payment Period and deposit such amount together with the proceeds of any demand made on the Series 2009-1 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2009-1 Distribution Account, which amount and any other amounts deposited in the Series 2009-1 Distribution Account for the payment of principal of such Series 2009-1 Notes pursuant to Section 3.5(b) of this Series Supplement during the related Series 2009-1 Controlled Amortization Payment Period shall be paid to the Series 2009-1 Noteholders in accordance with Section 3.5(e)(ii) or 3.5(e)(iii) of this Series Supplement, as the case may be. On the Payment Date following each such Determination Date during the Series 2009-1 Rapid Amortization Period, the Trustee shall withdraw such amounts allocated to pay principal of the Series 2009-1 Notes from the Series 2009-1 Collection Account and deposit such amount together with the proceeds of any demand made on the Series 2009-1 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2009-1 Distribution Account along with any other amounts deposited in the Series 2009-1 Distribution Account for the payment of principal of such Series 2009-1 Notes pursuant to Section 3.5(b) of this Series Supplement and any amounts deposited in the Series 2009-1 Distribution Account pursuant to Section 3.5(c) of this Series Supplement, in each case, during the related Series 2009-1 Rapid Amortization Payment Period, which amount shall be paid to the Series 2009-1 Noteholders until the Series 2009-1 Noteholders have been paid the Series 2009-1 Principal Amount in full.

Payment of Note Principal. (a) Monthly Payments During any Series 20092010-1 6 Controlled Amortization Period or Series 20092010-1 6 Rapid Amortization Period. Commencing on the earlier to occur of (i) the second Determination Date immediately preceding the first during any Series 20092010-1 6 Controlled Amortization Payment Date, Period or (ii) the first Determination Date after the commencement of the Series 20092010-1 6 Rapid Amortization Period and on each Determination Date thereafterPeriod, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with this Section 3.5 as to (vi) the amount allocated to the Series 20092010-1 6 Notes during the Related Month pursuant to Section 3.2(b)(ii), (c)(ii) or 3.2(c)(ii) of this Series Supplement(d)(ii), as the case may be, and any amounts allocated from the Series 2009-1 Excess Collection Account portion of such amount, if any, that has been previously applied to the Series 2009-1 Collection Account make a Decrease pursuant to Section 3.2(f) of this Series Supplement and/or allocated to 2.5 during the Series 2009-1 Collection Account pursuant to Section 3.2(e) or Section 3.3(f) of this Series Supplement, in each case, prior to such date and not previously deposited into the Series 2009-1 Distribution Account for payment to the Series 2009-1 Noteholders and the amount of the portion of the Monthly Base Rent under the HVF Lease that will be allocated to the Series 2009-1 Notes pursuant to Section 3.2(b)(ii) or 3.2(c)(ii) of this Series Supplement, as the case may beRelated Month, (wii) any amounts to be withdrawn from the Series 20092010-1 6 Reserve Account and deposited into the Series 20092010-1 6 Distribution Account, Account or (xiii) any amounts to be drawn on the Series 20092010-1 6 Demand Notes and/or on the Multi-Series Letters of Credit (and/or or withdrawn from the Series 20092010-1 6 Cash Collateral Account) and (y) the amount of any demand to be made under the Series 2009-1 Demand Note). On the Distribution Date following each Series 2009-1 Controlled Amortization Payment Date and the Expected Final Payment such Determination Date, the Trustee shall withdraw such amounts from the amount allocated to the Series 20092010-1 Collection Account allocated to pay principal of the Series 2009-1 6 Notes during the related Series 2009-1 Controlled Amortization Payment Period and deposit such amount together with the proceeds of any demand made on the Series 2009-1 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2009-1 Distribution Account, which amount and any other amounts deposited in the Series 2009-1 Distribution Account for the payment of principal of such Series 2009-1 Notes Related Month pursuant to Section 3.5(b) of this Series Supplement during the related Series 2009-1 Controlled Amortization Payment Period shall be paid to the Series 2009-1 Noteholders in accordance with Section 3.5(e)(ii3.2(b)(ii), (c)(ii) or 3.5(e)(iii) of this Series Supplement(d)(ii), as the case may be. On , less the Payment Date following each portion of such Determination Date amount, if any, that has been previously applied to make a Decrease pursuant to Section 2.5 during the Series 2009-1 Rapid Amortization PeriodRelated Month, the Trustee shall withdraw such amounts allocated to pay principal of the Series 2009-1 Notes from the Series 20092010-1 6 Collection Account and deposit such amount together with the proceeds of any demand made on the Series 2009-1 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2009-1 Distribution Account along with any other amounts deposited in the Series 20092010-1 6 Distribution Account for the payment of principal of such Series 2009-1 Notes pursuant Account, to Section 3.5(b) of this Series Supplement and any amounts deposited in the Series 2009-1 Distribution Account pursuant to Section 3.5(c) of this Series Supplement, in each case, during the related Series 2009-1 Rapid Amortization Payment Period, which amount shall be paid to the Series 2009-1 Noteholders until holders of the Series 20092010-1 Noteholders have been paid the Series 2009-1 Principal Amount 6 Notes in fullaccordance with Section 3.5(e).

Payment of Note Principal. (a) Monthly Payments During Series 2009-1 Controlled Amortization Period or Series 20092008-1 Rapid Amortization Period. Commencing on the earlier to occur of (i) the Determination Date immediately preceding the first Series 2009-1 Controlled Amortization Expected Final Payment Date, Date or (ii) the first Determination Date after the commencement of the Series 20092008-1 Rapid Amortization Period and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (v) the amount allocated to the Series 20092008-1 Notes during the Related Month pursuant to Section 3.2(b)(ii) or 3.2(c)(ii) of this Series Supplement, as the case may be, and any amounts allocated from the Series 2009-1 Excess Collection Account to the Series 2009-1 Collection Account pursuant to Section 3.2(f) of this Series Supplement and/or allocated to the Series 2009-1 Collection Account pursuant to Section 3.2(e) or Section 3.3(f) of this Series Supplement, in each case, prior to such date and not previously deposited into the Series 2009-1 Distribution Account for payment to the Series 2009-1 Noteholders and the amount of the portion of the Monthly Base Rent under the HVF Lease that will be allocated to the Series 2009-1 Notes pursuant to Section 3.2(b)(ii) or 3.2(c)(ii) of this Series Supplement, as the case may be, (w) any amounts to be withdrawn from the Series 20092008-1 Reserve Account and deposited into the Series 20092008-1 Distribution Account, (x) any amounts to be drawn on the Series 20092008-1 Letters of Credit (and/or withdrawn from the Series 20092008-1 Cash Collateral Account) and (y) the amount of any proceeds received in respect of a demand to be made under the Series 20092008-1 Demand Note. On each Series 2009-1 Controlled Amortization the Payment Date and the Expected Final Payment following each such Determination Date, the Trustee shall withdraw such amounts from the amount allocated to the Series 2009-1 Collection Account allocated to pay principal of the Series 20092008-1 Notes of each Class during the related Series 2009-1 Controlled Amortization Payment Period and deposit such amount together with the proceeds of any demand made on the Series 2009-1 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2009-1 Distribution Account, which amount and any other amounts deposited in the Series 2009-1 Distribution Account for the payment of principal of such Series 2009-1 Notes Related Month pursuant to Section 3.5(b) of this Series Supplement during the related Series 2009-1 Controlled Amortization Payment Period shall be paid to the Series 2009-1 Noteholders in accordance with Section 3.5(e)(ii) or 3.5(e)(iii3.2(b)(ii) of this Series Supplement, as the case may be. On the Payment Date following each such Determination Date during the Series 2009-1 Rapid Amortization Period, the Trustee shall withdraw such amounts allocated to pay principal of the Series 2009-1 Notes from the Series 20092008-1 Collection Account and deposit such amount together with the proceeds of any demand made on the Series 20092008-1 Demand Note received during the period from but and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 20092008-1 Distribution Account along with any other amounts deposited in the Series 2009-1 Distribution Account for the payment of principal of such Series 2009-1 Notes pursuant to Section 3.5(b) of this Series Supplement and any amounts deposited in the Series 2009-1 Distribution Account pursuant to Section 3.5(c) of this Series Supplement, in each case, during the related Series 2009-1 Rapid Amortization Payment PeriodAccount, which amount shall be paid to the Series 20092008-1 Noteholders until the Series 2009-1 Noteholders have been paid the Series 2009-1 Principal Amount in fullNoteholders.

Payment of Note Principal. (a) Monthly Payments During Series 20092010-1 2 Controlled Amortization Period or Series 20092010-1 2 Rapid Amortization Period. Commencing on the earlier to occur of (i) the Determination Date immediately preceding the first Series 20092010-1 2 Controlled Amortization Payment Date, or (ii) the first Determination Date after the commencement of the Series 20092010-1 2 Rapid Amortization Period and on each Determination Date thereafter, the Series 2010-2 Administrator shall instruct the Trustee in writing pursuant to the Series 2010-2 Administration Agreement as to (v) the amount allocated to the Series 20092010-1 2 Notes pursuant to Section 3.2(b)(ii9.1(b)(ii) or 3.2(c)(ii9.1(c)(ii) of this Series Supplement, as the case may be, and any amounts allocated from the Series 20092010-1 2 Excess Collection Account to the Series 20092010-1 2 Collection Account pursuant to Section 3.2(f9.1(f) of this Series Supplement and/or allocated to the Series 20092010-1 2 Collection Account pursuant to Section 3.2(e) or Section 3.3(f9.2(f) of this Series Supplement, in each case, prior to such date and not previously deposited into the Series 20092010-1 2 Distribution Account for payment to the Series 20092010-1 2 Noteholders and the amount of the portion of the any Series 2010-2 Monthly Base Rent under the HVF Lease that will be allocated to the Series 20092010-1 2 Notes pursuant to Section 3.2(b)(ii9.1(b)(ii) or 3.2(c)(ii9.1(c)(ii) of this Series Supplement, as the case may be, (w) any amounts to be withdrawn from the Series 20092010-1 2 Reserve Account and deposited into the Series 20092010-1 2 Distribution Account, (x) any amounts to be drawn on the Series 20092010-1 2 Letters of Credit (and/or withdrawn from the Series 20092010-1 2 Cash Collateral Account) and (y) the amount of any demand to be made under the Series 20092010-1 2 Demand Note. On each Series 20092010-1 2 Controlled Amortization Payment Date and the Expected Final Payment Date, the Trustee shall withdraw such amounts from the Series 20092010-1 2 Collection Account allocated to pay principal of the Series 20092010-1 2 Notes during the related Series 20092010-1 2 Controlled Amortization Payment Period and deposit such amount together with the proceeds of any demand made on the Series 20092010-1 2 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 20092010-1 2 Distribution Account, which amount and any other amounts deposited in the Series 20092010-1 2 Distribution Account for the payment of principal of such Series 20092010-1 2 Notes pursuant to Section 3.5(b9.4(b) of this Series Supplement during the related Series 20092010-1 2 Controlled Amortization Payment Period shall be paid to the Series 20092010-1 2 Noteholders in accordance with Section 3.5(e)(ii9.4(e)(ii) or 3.5(e)(iii9.4(e)(iii) of this Series Supplement, as the case may be. On the Payment Date following each such Determination Date during the Series 20092010-1 2 Rapid Amortization Period, the Trustee shall withdraw such amounts allocated to pay principal of the Series 20092010-1 2 Notes from the Series 20092010-1 2 Collection Account and deposit such amount together with the proceeds of any demand made on the Series 20092010-1 2 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 20092010-1 2 Distribution Account along with any other amounts deposited in the Series 20092010-1 2 Distribution Account for the payment of principal of such Series 20092010-1 2 Notes pursuant to Section 3.5(b9.4(b) of this Series Supplement and any amounts deposited in the Series 20092010-1 2 Distribution Account pursuant to Section 3.5(c9.4(c) of this Series Supplement, in each case, during the related Series 20092010-1 2 Rapid Amortization Payment Period, which amount shall be paid to the Series 20092010-1 2 Noteholders until the Series 20092010-1 2 Noteholders have been paid the Series 20092010-1 2 Principal Amount in full.

Payment of Note Principal. (a) Monthly Payments During Series 20092010-1 6 Controlled Amortization Period or Series 20092010-1 6 Rapid Amortization Period. Commencing on the earlier to occur of (i) the second Determination Date immediately preceding during the first Series 20092010-1 6 Controlled Amortization Payment Date, Period or (ii) the first Determination Date after the commencement of the Series 20092010-1 6 Rapid Amortization Period and on each Determination Date thereafterPeriod, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with this Section 3.5 as to (vi) the amount allocated to the Series 20092010-1 6 Notes during the Related Month pursuant to Section 3.2(b)(ii), (c)(ii) or 3.2(c)(ii) of this Series Supplement(d)(ii), as the case may be, and any amounts allocated from the Series 2009-1 Excess Collection Account portion of such amount, if any, that has been previously applied to the Series 2009-1 Collection Account make a Decrease pursuant to Section 3.2(f) of this Series Supplement and/or allocated to 2.5 during the Series 2009-1 Collection Account pursuant to Section 3.2(e) or Section 3.3(f) of this Series Supplement, in each case, prior to such date and not previously deposited into the Series 2009-1 Distribution Account for payment to the Series 2009-1 Noteholders and the amount of the portion of the Monthly Base Rent under the HVF Lease that will be allocated to the Series 2009-1 Notes pursuant to Section 3.2(b)(ii) or 3.2(c)(ii) of this Series Supplement, as the case may beRelated Month, (wii) any amounts to be withdrawn from the Series 20092010-1 6 Reserve Account and deposited into the Series 20092010-1 6 Distribution Account, Account or (xiii) any amounts to be drawn on the Series 20092010-1 6 Demand Notes and/or on the Multi-Series Letters of Credit (and/or or withdrawn from the Series 20092010-1 6 Cash Collateral Account) and (y) the amount of any demand to be made under the Series 2009-1 Demand Note). On the Distribution Date following each Series 2009-1 Controlled Amortization Payment Date and the Expected Final Payment such Determination Date, the Trustee shall withdraw such amounts from the amount allocated to the Series 20092010-1 Collection Account allocated to pay principal of the Series 2009-1 6 Notes during the related Series 2009-1 Controlled Amortization Payment Period and deposit such amount together with the proceeds of any demand made on the Series 2009-1 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2009-1 Distribution Account, which amount and any other amounts deposited in the Series 2009-1 Distribution Account for the payment of principal of such Series 2009-1 Notes Related Month pursuant to Section 3.5(b) of this Series Supplement during the related Series 2009-1 Controlled Amortization Payment Period shall be paid to the Series 2009-1 Noteholders in accordance with Section 3.5(e)(ii3.2(b)(ii), (c)(ii) or 3.5(e)(iii) of this Series Supplement(d)(ii), as the case may be. On , less the Payment Date following each portion of such Determination Date amount, if any, that has been previously applied to make a Decrease pursuant to Section 2.5 during the Series 2009-1 Rapid Amortization PeriodRelated Month, the Trustee shall withdraw such amounts allocated to pay principal of the Series 2009-1 Notes from the Series 20092010-1 6 Collection Account and deposit such amount together with the proceeds of any demand made on the Series 2009-1 Demand Note received during the period from but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2009-1 Distribution Account along with any other amounts deposited in the Series 20092010-1 6 Distribution Account for the payment of principal of such Series 2009-1 Notes pursuant Account, to Section 3.5(b) of this Series Supplement and any amounts deposited in the Series 2009-1 Distribution Account pursuant to Section 3.5(c) of this Series Supplement, in each case, during the related Series 2009-1 Rapid Amortization Payment Period, which amount shall be paid to the Series 2009-1 Noteholders until holders of the Series 20092010-1 Noteholders have been paid the Series 2009-1 Principal Amount 6 Notes in fullaccordance with Section 3.5(e).