Early Amortization Event Payment Amount means, with respect to the Series 2024-GT1 Term Notes, the sum of (i) one-thirty-sixth (1/36) of the Note Balance of the Series 2024-GT1 Term Notes as of the date on which an Early Amortization Event occurs and (ii) the product of (a) the Series Allocation Percentage of the Series 2024-GT1 Term Notes and (b) the amounts in the Collection and Funding Account that are designated as “Advance Rate Reduction Event Reserve Amounts” on such Payment Date, if applicable.
Early Amortization Event Payment Amount means, with respect to the Series 2022-FT1 Term Notes, one-thirty-sixth (1/36) of the Note Balance of the Series 2022-FT1 Term Notes as of the date on which an Early Amortization Event occurs.
Early Amortization Event Payment Amount means, with respect to the Series 2021-FT1 Term Notes, one-thirty-sixth (1/36) of the Note Balance of the Series 2021-FT1 Term Notes as of the date on which an Early Amortization Event occurs.
More Definitions of Early Amortization Event Payment Amount
Early Amortization Event Payment Amount. As defined in the related Indenture Supplement.
Early Amortization Event Payment Amount means, with respect to the Series 20[ ]-[ ] Notes, [TBD].
Early Amortization Event Payment Amount means, with respect to the Series 2017-GT2 Term Notes, the sum of (i) one-thirty-sixth (1/36) of the Note Balance of the Series 2017-GT2 Term Notes as of the date on which an Early Amortization Event occurs and (ii) the product of (a) the Series Allocation Percentage of the Series 2017-GT2 Term Notes and (b) the amounts in the Collection and Funding Account that are designated as “Advance Rate Reduction Event Reserve Amounts” on such Payment Date, if applicable.
Early Amortization Event Payment Amount means, with respect to the Series 2023-GTL1 Promissory Term Notes, the sum of (i) one-thirty-sixth (1/36) of the outstanding loan amount represented by the Note Balance of the Series 2023-GTL1 Promissory Term Notes as of the date on which an Early Amortization Event occurs and (ii) the product of (a) the Series Allocation Percentage of the Series 2023-GTL1 Promissory Term Notes and (b) the amounts in the Collection and Funding Account that are designated as “Advance Rate Reduction Event Reserve Amounts” on such Payment Date, if applicable.
Early Amortization Event Payment Amount means, with respect to the Series 2023-GTL2 Promissory Term Notes, the sum of (i) one-thirty-sixth (1/36) of the outstanding loan amount represented by the Note Balance of the Series 2023-GTL2 Promissory Term Notes as of the date on which an Early Amortization Event occurs and (ii) the product of (a) the Series Allocation Percentage of the Series 2023-GTL2 Promissory Term Notes and (b) the amounts in the Collection and Funding Account that are designated as “Advance Rate Reduction Event Reserve Amounts” on such Payment Date, if applicable.
Early Amortization Event Payment Amount means, with respect to each Class of the Series 2018-GT1 Term Notes, the sum of (i) one-thirty-sixth (1/36) of the Note Balance of such Class as of the date on which an Early Amortization Event occurs and (ii) the product of (a) the Series Allocation Percentage of the Series 2018-GT1 Term Notes, (b) the applicable Class Allocation Percentage and (c) the amounts in the Collection and Funding Account that are designated as “Advance Rate Reduction Event Reserve Amounts” on such Payment Date, if applicable.