Distributions from Collection Account. Subject to Section 8.2(e), on each Payment Date the Indenture Trustee will (based on the information in the most recent Monthly Investor Report) withdraw from the Collection Account and make deposits and payments, to the extent of Available Funds in the Collection Account for that Payment Date, in the following order of priority (pro rata within each priority level based on the amounts due except as otherwise stated):
Distributions from Collection Account. Subject to Section 8.2(e), on each Payment Date, the Note Paying Agent will (based on the information in the most recent Monthly Investor Report) withdraw from the Collection Account and make deposits and payments, to the extent of Available Funds in the Collection Account for that Payment Date, in the following order of priority (pro rata within each priority level based on the amounts due except as otherwise stated):
Distributions from Collection Account. On each Payment Date, the Indenture Trustee shall (based solely on the information contained in the Servicer's Monthly Report delivered on the related Determination Date, upon which the Indenture Trustee may conclusively rely) distribute the following amounts and in the order of priority specified below. Within each order of priority, amounts shall be deemed withdrawn first from Available Pledged Revenues, and second (but only as to amounts described in clauses (ii) and (iii) below) from amounts deposited in the Collection Account pursuant to Section 7.02 and 7.05(d).
Distributions from Collection Account. (a) On the second Business Day prior to each Payment Date, so long as the Issuer or its assignee is the Grantor Trust Holder, the Indenture Trustee, in accordance with Section 5.01(b)(2) of the Sale and Servicing Agreement, shall withdraw from the Collection Account the Available Collection Amount for such Payment Date and deposit such amount into the Note Payment Account. Such deposits into the Note Payment Account from the Collection Account shall be deemed to constitute distributions to and on behalf of the Grantor Trust Holder.
Distributions from Collection Account. On each Payment Date the Owner Trustee (based solely on the information contained in the Servicer's monthly payment instructions referred to in Sections 7.05(a) or (b), as applicable, of the Pooling Agreement) shall make the distributions and payments from the Available Amounts on deposit in the Collection Account to the parties, for the purposes and in the order of priorities specified in such Sections 7.05(a) or (b) of the Pooling Agreement, as applicable.
Distributions from Collection Account. (a) Distributions of principal, premium, if any, and interest on any Series of Notes shall be made to the Noteholders of each Series as set forth in this Section 3.02.
Distributions from Collection Account. (a) On the sixth Business Day prior to each Payment Date, so long as the Issuer or its assignee is the Grantor Trust Holder, the Indenture Trustee, in accordance with Section 5.01(b)(2) of the Sale and Servicing Agreement, shall withdraw from the Collection Account the Available Collection Amount for such Payment Date and deposit such amount into the Note Payment Account. Such deposits into the Note Payment Account from the Collection Account shall be deemed to constitute distributions to and on behalf of the Grantor Trust Holder.
Distributions from Collection Account. The Borrower shall hold (or cause to be held) in the Collection Account any and all amounts deposited therein from time to time in trust for the Lender and shall not withdraw any amount from the Collection Account, other than (i) any amount which is not contemplated to be deposited into the Collection Account pursuant to the terms of this Agreement and the other Credit Documents and (ii) in accordance with this Section 8.1. The Borrower and the Lender hereby agree that, pursuant to the Administration Agreement, the Administrator shall apply (or cause to be applied) the monies on deposit in the Collection Account as of the last day of the immediately preceding Monthly Period (including, for greater certainty, any interest earned thereon and credited to the Collection Account) on each Payment Date (unless otherwise specifically stated below) as follows and as may be more particularly set forth in the related Monthly Servicer Report:
Distributions from Collection Account. 30 8.1 Distributions from Collection Account .................................... 30 ii-
Distributions from Collection Account. The Paying Agent shall hold (or cause to be held) in the Collection Account any and all amounts deposited therein from time to time in trust for the Noteholders and shall not withdraw any amount from the Collection Account, except for any amount which is not contemplated to be deposited into the Collection Account pursuant to the terms of this Agreement and the other Credit Documents and except in accordance with this Section 8.1. The Paying Agent shall apply (or cause to be applied) the monies on deposit in the Collection Account on each Payment Date (unless otherwise specifically stated below) (including for greater certainty any interest earned thereon and credited to the Collection Account) as follows (as set forth in the related Monthly Servicer Report):
