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, the Owner Trustee will, based on the information contained in the Servicer's 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 Sections 5.6(b) and 9.1 of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 4 contracts

Samples: Trust Agreement (TMS Auto Holdings Inc), Trust Agreement (Money Store Auto Trust 1996-2), Trust Agreement (TMS Auto Holdings Inc)

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Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, based on the information contained in the Master Servicer's Certificate delivered on the related Determination Date pursuant to Section 4.9 ____ of the Sale and Master Servicing Agreement, distribute to Certificateholders, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to Sections 5.6(b) and 9.1 Section ____ of the Sale and Master Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Mortgage Investments Inc), Trust Agreement (Structured Asset Mortgage Investments Inc)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, based on the information contained in the Servicer's 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 Sections 5.6(b) and 9.1 Section 5.5 of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 2 contracts

Samples: Trust Agreement (Barnett Auto Receivables Corp), Trust Agreement (Mellon Auto Receivables Corp)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, Date the Owner Trustee will, based on the information contained in the Servicer's Certificate delivered on the related Determination Date pursuant to Section 4.9 3.9(a) of the Sale and Servicing Agreement, distribute to the Certificateholders, on a pro rata basis, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to Sections 5.6(b) and 9.1 Section 4.6 of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 2 contracts

Samples: Trust Agreement (Arcadia Financial LTD), Trust Agreement (Olympic Financial LTD)

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Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, Date the Owner Trustee will, based on the information contained in the Servicer's Certificate delivered on the related Determination Date pursuant to Section 4.9 3.9 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 Sections 5.6(b) 4.6, 4.7, and 9.1 5.3 of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:

Appears in 2 contracts

Samples: Trust Agreement (Olympic Receivables Finance Corp), Trust Agreement (Olympic Receivables Finance Corp)

Application of Funds in Certificate Distribution Account. (a) On each Distribution Date, the Owner Trustee will, based on the information contained in the Servicer'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 Ownership Percentage, to the extent of the funds available, amounts deposited in the Certificate Distribution Account pursuant to Sections 5.6(b) and 9.1 of the Sale and Servicing Agreement on such Distribution Date in the following order of priority:Date.

Appears in 1 contract

Samples: Trust Agreement (TMS Auto Holdings Inc)

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