Common use of Application of Funds in Certificate Distribution Account Clause in Contracts

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, Owner Trustee will, or will cause Paying Agent to, based on the information contained in Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 10 contracts

Samples: Bas Securitization LLC, Trust Agreement (Key Consumer Acceptance Corp), Trust Agreement (Key Consumer Acceptance Corp)

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Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, or will cause the Paying Agent to, based on the information contained in the Servicer's Report ’s Certificate delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute pro rata to CertificateholdersCertificateholders based on their Percentage Interests, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to Sections 5.6(a) of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:Date.

Appears in 9 contracts

Samples: Trust Agreement (Franklin Auto Trust 2003-2), Trust Agreement (Franklin Auto Trust 2006-1), Trust Agreement (Franklin Receivables Auto Trust 2003-1)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Payment Date, the Owner Trustee will, or will cause the Paying Agent to, based on the information contained in the Monthly Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 2.10 of the Sale Servicing Agreement and Servicing AgreementSection 5.05(c) of the Indenture, distribute to Certificateholders, to the extent as of the funds available, related Record Date all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Payment Date in the following order of priority:based upon each Certificateholder's Certificate Percentage Interest.

Appears in 4 contracts

Samples: Trust Agreement (Capital One Auto Finance Trust 2002-A), Trust Agreement (Capital One Auto Finance Trust 2002-C), Trust Agreement (Capital One Auto Receivables LLC)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, or will cause Paying Agent to, based on the information contained in the Master Servicer's Report Certificate delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to Section 5.5 of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 3 contracts

Samples: Trust Agreement (Chec Asset Receivables Corp), Trust Agreement (Chec Asset Receivables Corp), Trust Agreement (Avco Abs Receivables Corp)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, or will cause the Paying Agent to, based on the information contained in the Servicer's Report Certificate delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute pro rata to CertificateholdersCertificateholders based on their Percentage Interests, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to Sections 5.6(b) of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:Date.

Appears in 2 contracts

Samples: Trust Agreement (Franklin Receivables LLC), Franklin Receivables LLC

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, or will cause the Paying Agent to, based on the information contained in the Servicer's Report Certificate delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute pro rata to CertificateholdersCertificateholders based on their Percentage Interests, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to Sections 5.6(a) of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:Date.

Appears in 2 contracts

Samples: Trust Agreement (Franklin Receivables LLC), Trust Agreement (Franklin Receivables LLC)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, or will cause Paying Agent to, based on the information contained in the Servicer's ’s Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent as of the funds availablerelated Record Date, all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Date in the following order of priority:based upon each Certificateholder’s Certificate Percentage Interest.

Appears in 1 contract

Samples: Trust Agreement (Bank One Auto Securitization LLC)

Application of Funds in Certificate Distribution Account. (a) -------------------------------------------------------- On each Distribution Date, the Owner Trustee will, or will cause the Paying Agent to, based on the information contained in the Servicer's Report Certificate delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute pro rata to CertificateholdersCertificateholders based on their Percentage Interests, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to Sections 5.6(a) of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:Date.

Appears in 1 contract

Samples: Trust Agreement (Franklin Receivables LLC)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Payment Date, Owner Trustee will, or will cause Paying Agent to, based on the information contained in Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Payment Date in the following order of priority:

Appears in 1 contract

Samples: Trust Agreement (Wells Fargo Auto Receivables Corp)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, Owner Trustee will, or will cause Paying Agent to, based on the information contained in Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent of the funds available, amounts TRUST AGREEMENT deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 1 contract

Samples: Trust Agreement (Amsouth Auto Receivables LLC)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, Owner Trustee will, or will cause Paying Agent to, based on the information contained in Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 1 contract

Samples: Trust Agreement (Bond Securitization LLC)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Payment Date, the Owner Trustee will, or will cause the Paying Agent to, based on the information contained in the Monthly Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 2.10 of the Sale Servicing Agreement and Servicing AgreementSection 5.05(c) of the Indenture, distribute to Certificateholders, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Date in the following order of priority:to

Appears in 1 contract

Samples: Trust Agreement (Capital One Auto Receivables LLC)

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Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, or will cause the Paying Agent toAgent, based on the information contained in the Servicer's Report Certificate delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 1 contract

Samples: Trust Agreement (Franklin Receivables LLC)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Payment Date, the Owner Trustee will, or will cause the Certificate Paying Agent to, based on the information contained in the Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent as of the funds available, related Record Date all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Payment Date in the following order of priority:based upon each Certificateholder's Certificate Percentage Interest;

Appears in 1 contract

Samples: Trust Agreement (M&i Dealer Auto Securitization LLC)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, Owner Trustee will, or will cause Paying Agent to, based on the information contained in Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent as of the funds available, related Record Date all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Date in the following order of prioritybased upon each Certificateholder's Certificate Percentage Interest:

Appears in 1 contract

Samples: Trust Agreement (Amsouth Auto Receivables LLC)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Payment Date, the Owner Trustee will, or will cause the Certificate Paying Agent to, based on the information contained in the Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent as of the funds available, related Record Date all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Payment Date in the following order of prioritybased upon each Certificateholder's Certificate Percentage Interest:

Appears in 1 contract

Samples: Trust Agreement (Bond Securitization LLC)

Application of Funds in Certificate Distribution Account. (a) a. On each Distribution Payment Date, Owner Trustee will, or will cause Paying Agent to, based on the information contained in Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent as of the funds available, related Record Date all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Payment Date in the following order of prioritybased upon each Certificateholder's Certificate Percentage Interest:

Appears in 1 contract

Samples: Trust Agreement (Wells Fargo Auto Receivables Corp)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, or will cause the Certificate Paying Agent to, based on the information contained in the Servicer's ’s Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to the Certificateholders, to the extent as of the funds availablerelated Record Date, all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Date in the following order of priority:based upon each Certificateholder’s Certificate Percentage Interest.

Appears in 1 contract

Samples: Trust Agreement (Bank One Auto Securitization Trust 2003-1)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Payment Date, the Owner Trustee will, or will cause the Certificate Paying Agent to, based on the information contained in the Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, to the extent as of the funds available, related Record Date all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Distribution Payment Date in the following order of prioritybased upon each Certificateholder's Certificate Percentage Interest:

Appears in 1 contract

Samples: Trust Agreement (M&i Auto Loan Trust 2002-1)

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