Examples of Class A-1 Notes Maximum Principal Amount in a sentence
The Series 2018-1 Class A-1 Advance Notes shall bear a face amount equal in the aggregate to up to the Series 2018-1 Class A-1 Notes Maximum Principal Amount as of the Series 2018-1 Closing Date, and shall be initially issued in an aggregate outstanding principal amount equal to the Series 2018-1 Class A-1 Initial Advance Principal Amount pursuant to Section 2.1(a).
The Series 2019-3 Class A-1 Advance Notes shall bear a face amount equal in the aggregate to up to the Series 2019-3 Class A-1 Notes Maximum Principal Amount as of the Series 2019-3 Closing Date, and shall be initially issued in an aggregate outstanding principal amount equal to the Series 2019-3 Class A-1 Initial Advance Principal Amount pursuant to Section 2.1(a) of this Series Supplement.
The Series 2019-1 Class A-1 Advance Notes shall bear a face amount equal in the aggregate to up to the Series 2019-1 Class A-1 Notes Maximum Principal Amount as of the Series 2019-1 Closing Date, and shall be initially issued on the Series 2019-1 Closing Date in an aggregate outstanding principal amount equal to the Series 2019-1 Class A-1 Initial Advance Principal Amount pursuant to Section 2.1(a) of this Series Supplement.
The Series 2019-1 Class A-1 Note Purchase Agreement also sets forth procedures relating to permanent reductions in the Series 2019-1 Class A-1 Notes Maximum Principal Amount.
If the Senior Notes Interest Reserve Amount decreases, including in connection with any reduction in the Outstanding Principal Amount of the Series 2021-1 Class A-2 Notes or any reduction in the Series 2021-1 Class A-1 Notes Maximum Principal Amount, the resulting excess funds on deposit in the Senior Notes Interest Reserve Account will be withdrawn and released.” II.
The Series 2020-1 Class A-1 Notes shall bear a face amount equal in the aggregate to up to the Series 2020-1 Class A-1 Notes Maximum Principal Amount as of the Series 2020-1 Closing Date, and shall be initially issued in an aggregate outstanding principal amount equal to the Series 2020-1 Class A-1 Initial Advance Principal Amount pursuant to Section 2.1 of this Series Supplement.
The Series 2022-1 Class A-1 Advance Notes shall bear a face amount equal in the aggregate to up to the Series 2022-1 Class A-1 Notes Maximum Principal Amount as of the Series 2022-1 Closing Date, and shall be initially issued in an aggregate outstanding principal amount equal to the Series 2022-1 Class A-1 Initial Advance Principal Amount pursuant to Section 2.1(a) of this Series Supplement.
The Series 2014-1 Class A-1 Advance Notes shall bear a face amount equal in the aggregate to up to the Series 2014-1 Class A-1 Notes Maximum Principal Amount as of the Series 2014-1 Closing Date, and shall be initially issued in an aggregate outstanding principal amount equal to the Series 2014-1 Class A-1 Initial Advance Principal Amount pursuant to Section 2.1(a) of this Series Supplement.
The Series 2017-1 Class A-1 Advance Notes shall bear a face amount equal in the aggregate to up to the Series 2017-1 Class A-1 Notes Maximum Principal Amount as of the Series 2017-1 Closing Date, and shall be initially issued on the Series 2017-1 Closing Date in an aggregate outstanding principal amount equal to the Series 2017-1 Class A-1 Initial Advance Principal Amount pursuant to Section 2.1(a) of this Series Supplement.
For the avoidance of doubt, notwithstanding that the aggregate face amount of the Series 2019-1 Class A-1 Notes will exceed the Series 2019-1 Class A-1 Notes Maximum Principal Amount, at no time will the principal amount actually outstanding of the Series 2019-1 Class A-1 Advance Notes, the Series 2019-1 Class A-1 Swingline Notes and the Series 2019-1 Class A-1 L/C Notes in the aggregate exceed the Series 2019-1 Class A-1 Notes Maximum Principal Amount.