Common use of Payment of Principal and Interest; Defaulted Interest Clause in Contracts

Payment of Principal and Interest; Defaulted Interest. (a) The Notes shall accrue interest as provided in the form of Note set forth in the Series Supplement and such interest shall be due and payable on each Distribution Date as specified therein. Any installment of interest or principal, if any, payable on any Note which is punctually or duly provided for by the Issuer on the applicable Distribution Date shall be paid, as provided in the Series Supplement, or if not so provided to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date, by check mailed first-class, postage prepaid, to such Person's address as it appears on the Note Register on such Record Date, except that, if the Notes are Book Entry Notes, unless Definitive Notes have been issued pursuant to Section 2.12, with respect to Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final installment of principal payable with respect to such Note on a Distribution Date or on the Final Scheduled Distribution Date as set forth in the Series Supplement which shall be payable as provided below. The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.3.

Payment of Principal and Interest; Defaulted Interest. (a) The Notes shall accrue interest as provided in the form of Note set forth in the related Series Supplement and such interest shall be due and payable on each Distribution Date as specified therein. Any installment of interest or principal, if any, payable on any Note which is punctually or duly provided for by the Issuer on the applicable Distribution Date shall be paid, as provided in the related Series Supplement, or if not so provided to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date, by check mailed first-class, postage prepaid, to such Person's address as it appears on the Note Register on such Record Date, except that, if the Notes of a Series are Book Entry Notes, unless Definitive Notes have been issued for such Series pursuant to Section 2.12, with respect to Notes of such Series registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final installment of principal payable with respect to such Note on a Distribution Date or on the Final Scheduled Distribution Date with respect to a Series as set forth in the relevant Series Supplement which shall be payable as provided below. The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.3.

Payment of Principal and Interest; Defaulted Interest. (a) The Notes shall accrue interest as provided in the form of Note set forth in the Series Supplement and such interest shall be due and payable on each Distribution Date as specified therein. Any installment of interest or principal, if any, payable on any Note which is punctually or duly provided for by the Issuer on the applicable Distribution Date shall be paid, as provided in the Series Supplement, or if not so provided to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date, by check mailed first-class, postage prepaid, to such Person's ’s address as it appears on the Note Register on such Record Date, except that, if the Notes are Book Book-Entry Notes, unless Definitive Notes have been issued pursuant to Section 2.12, with respect to Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final installment of principal payable with respect to such Note on a Distribution Date or on the Final Scheduled Distribution Date as set forth in the Series Supplement which shall be payable as provided below. The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.3.

Payment of Principal and Interest; Defaulted Interest. (a) The Notes shall accrue interest as provided in the form of Note set forth in the related Series Supplement or in such Series Supplement and such interest shall be due and payable on each Distribution Date as specified therein. Any installment of interest or principal, if any, payable on any Note which is punctually or duly provided for by the Issuer on the applicable Distribution Date shall be paid, as provided in the related Series Supplement, or if not so provided to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date, by check mailed first-class, postage prepaid, to such Person's address as it appears on the Note Register on such Record Date, except that, if the Notes of a Series are Book Entry Notes, unless Definitive Notes have been issued for such Series pursuant to Section 2.12, with respect to Notes of such Series registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final installment of principal payable with respect to such Note on a Distribution Date or on the Final Scheduled Distribution Date with respect to a Series as set forth in the relevant Series Supplement which shall be payable as provided below. The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.3.

Payment of Principal and Interest; Defaulted Interest. (a) The Each Class of Notes shall accrue interest as provided in the applicable form of Note such Class set forth in the Series Supplement Exhibits A-1 through A-8 respectively, and such interest accrued on each Class of Notes shall be due and payable on each applicable Distribution Date as specified therein, subject to Section 3.01. Any installment of interest or principal, if any, with respect to each Class of Notes payable on any applicable Note which is punctually paid or duly provided for by the Issuer on the applicable Distribution Date shall be paid, as provided in the Series Supplement, or if not so provided paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date, Date by check mailed first-class, postage prepaid, prepaid to such Person's address as it appears on the Note Register on such Record Date, except that, if the Notes are Book Entry Notes, unless Definitive Notes have been issued pursuant to Section 2.12, with respect to Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final installment of principal payable with respect to such Note on a Distribution Date or on the applicable Note Final Scheduled Distribution Maturity Date as set forth in the Series Supplement which shall be payable as provided below. The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.33.03.

Payment of Principal and Interest; Defaulted Interest. (a) The Notes shall accrue interest as provided therein in the form forms of the Class A-1 Note, the Class A-2 Note, the Class A-3 Note and the Class A-4 Note set forth in the Series Supplement Exhibits A-1, A-2, A-3 and A-4, respectively, and such interest shall be due and payable on each Distribution Payment Date as specified therein. Any installment of interest or principal, if any, payable on any Note which is punctually paid or duly provided for by the Issuer on the applicable Distribution Payment Date shall be paid, as provided in the Series Supplement, or if not so provided paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date, by check mailed first-class, postage prepaid, to such Person's address as it appears on the Note Register on such Record Date, except that, if the Notes are Book Entry Notes, unless Definitive Notes have been issued pursuant to Section 2.12, with respect to Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and nominee, except for the final installment of principal payable with respect to such Note on a Distribution Payment Date or on the related Final Scheduled Distribution Maturity Date as set forth in (and except for the Series Supplement Redemption Price for any Note called for redemption pursuant to Section 12.01, which shall be payable as provided below). The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.33.03.

Payment of Principal and Interest; Defaulted Interest. (a) The Notes shall accrue interest as provided in the form forms of the Class A-1 Note, Class A-2A Note, Class A-2B Note, Class A-3 Note and Class A-4 Note set forth in the Series Supplement Exhibits D, E, F, G and H, respectively, and such interest shall be due and payable on each Distribution Payment Date as specified therein. Any installment of interest or principal, if any, payable on any Note which is punctually paid or duly provided for by the Issuer Issuing Entity on the applicable Distribution Payment Date shall be paid, as provided in the Series Supplement, or if not so provided paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date, by check mailed first-class, postage prepaid, prepaid to such Person's ’s address as it appears on the Note Register on such Record Date, except that, if the Notes are Book Entry Notes, unless Definitive Notes have been issued pursuant to Section 2.12, with respect to Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final installment of principal payable with respect to such Note on a Distribution Payment Date or on (and except for the Final Scheduled Distribution Date as set forth in the Series Supplement Redemption Price for any Note called for redemption pursuant to Section 10.01(a)) which shall be payable as provided below. The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.33.03.

Payment of Principal and Interest; Defaulted Interest. (a) The Notes shall accrue interest as provided in the form of Note set forth in the Series Supplement and such interest shall be due and payable on each Distribution Date as specified therein. Any installment of interest or principal, if any, payable on any Note which is punctually or duly provided for by the Issuer on the applicable Distribution Date shall be paid, as provided in the Series Supplement, or if not so provided to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date, by check mailed first-class, postage prepaid, to such Person's address as it appears on the Note Register on such Record Date, except that, if the Notes of a Series are Book Entry Notes, unless Definitive Notes have been issued for such Series pursuant to Section 2.12, with respect to Notes of such Series registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final installment of principal payable with respect to such Note on a Distribution Date or on the Final Scheduled Distribution Date with respect to a Series as set forth in the Series Supplement which shall be payable as provided below. The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.3.