Extract to table

Any amounts of principal remaining unpaid on the legal final maturity date shall become immediately due and payable, and the failure to pay all outstanding principal on the legal final maturity date shall constitute an event of default under the Indenture

Section 6: Eligible Receivables Criteria Each receivable included in the initial pool (as of the cut-off date) and each receivable subsequently acquired by QRF 2022-1 during the revolving period must satisfy all of the following eligibility criteria as of the applicable date of determination

For purposes of this criterion, a receivable shall be deemed to be "in default" if any scheduled payment thereon is more than 60 days past due

Section 7: Concentration Limits The following concentration limits shall apply at all times during the revolving period and must be satisfied at the time of each addition of receivables to the pool

Section 8: Sequential Payment Waterfall On each payment date during the term of the transaction, available funds (consisting of all collections on the receivables, investment earnings on amounts on deposit in the accounts, and any amounts drawn under the liquidity facility) shall be distributed by Calvoneth Trust Company, N

shall rank pari passu with trustee fees and expenses at priority 1 in the payment waterfall