Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution Account.
Appears in 10 contracts
Samples: Trust Agreement (J P Morgan Acceptance Corp I), Trust Agreement (Morgan Stanley Abs Capital I Inc), Trust Agreement (Morgan Stanley Abs Capital I Inc)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Sections 5.02 and 5.05 of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 9 contracts
Samples: Trust Agreement (WFS Financial Auto Loans Inc), Trust Agreement (WFS Financial 1997-C Owner Trust), Trust Agreement (WFS Financial Auto Loans Inc)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Sections 5.06 and 5.07 of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 8 contracts
Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Bond Securitization LLC), Trust Agreement (Bond Securitization LLC)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Sections 5.05 and 5.06 of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 5 contracts
Samples: Trust Agreement (Nal Financial Group Inc), Trust Agreement (Nal Financial Group Inc), Trust Agreement (Nal Financial Group Inc)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Section 5.06 of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 5 contracts
Samples: Trust Agreement (World Omni Auto Receivables LLC), Trust Agreement (First Merchants Acceptance Corp), Trust Agreement (SSB Vehicle Securities Inc)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will shall distribute to the Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Section 4.06 of the Pooling and Servicing Agreement with respect to such Distribution Date.
Appears in 4 contracts
Samples: Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will shall (based on the information contained in the Servicer's Certificate delivered on the related Determination Date) distribute to the Certificateholders, on a pro rata basis, amounts deposited on deposit in the Certificate Distribution Account.
Appears in 3 contracts
Samples: Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will shall (based on the information contained in the Servicer’s Certificate delivered on the related Determination Date) distribute to the Certificateholders, on a pro rata basis, amounts deposited on deposit in the Certificate Distribution Account.
Appears in 3 contracts
Samples: Trust Agreement (Navistar Financial Corp), Trust Agreement (Navistar Financial 2004-B Owner Trust), Trust Agreement (Navistar Financial Retail Rec Corp Navistar Fin 04 a Own Tr)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to CertificateholdersCertificate-holders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Sections 5.02 and 5.05 of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 3 contracts
Samples: Trust Agreement (WFS Financial Auto Loans Inc), Trust Agreement (WFS Financial Auto Loans Inc), Trust Agreement (WFS Financial Auto Loans Inc)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will Trustee, or the Paying Agent appointed pursuant to Section 3.9 hereof, shall distribute to the Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to the Sale and Servicing Agreement on or prior to such Distribution Date first in respect of interest and then in respect of principal.
Appears in 2 contracts
Samples: Trust Agreement (Cit Marine Trust 1999-A), Trust Agreement (Cit Rv Trust 1999-A)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will shall distribute to the Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to the Sale and Servicing Agreement on or prior to such Distribution Date first in respect of interest and then in respect of principal.
Appears in 2 contracts
Samples: Trust Agreement (Cit Rv Trust 1997 A), Trust Agreement (Cit Rv Trust 1998-A)
Application of Trust Funds. (a) On each Distribution -------------------------- Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution Account.
Appears in 2 contracts
Samples: Trust Agreement (Provident Bank), Trust Agreement (Indymac Abs Inc)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Sections 5.07 and 5.08 of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 2 contracts
Samples: Trust Agreement (Morgan Stanley Abs Capital Ii Inc), Trust Agreement (Citigroup Vehicle Securities Inc)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, Certificateholder amounts deposited in the Certificate Distribution AccountAccount pursuant to Section 7.05 of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 1 contract
Samples: Authority And (Heller Funding Corp)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Section 5.06 and 5.12(b) of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 1 contract
Application of Trust Funds. (a) On each Distribution Date, -------------------------- the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution Account.
Appears in 1 contract
Samples: Trust Agreement (Indymac Abs Inc)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, based on Percentage Interest amounts deposited in the Certificate Distribution AccountAccount received from the Indenture trustee pursuant to Section ___ of the Sale and Servicing Agreement.
Appears in 1 contract
Application of Trust Funds. (a) On each Distribution Date, the Owner Eligible Lender Trustee will shall distribute to Certificateholders (i) the Certificateholders, ' Return Distribution Amount for such Distribution Date on a pro rata basis, amounts deposited in the Certificate Distribution Account.basis according to
Appears in 1 contract
Samples: Trust Agreement (SLM Funding Corp)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will shall direct the Trust Paying Agent to distribute to the Certificateholders, on a pro rata basisthe basis of their respective Percentage Interests, all amounts deposited then on deposit in the Certificate Distribution Account.
Appears in 1 contract
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will distribute to CertificateholdersCertificate- holders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Sections 5.02 and 5.05 of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 1 contract
Application of Trust Funds. (a) On each Distribution Date, the -------------------------- Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution Account.
Appears in 1 contract
Samples: Trust Agreement (First Horizon Asset Securities Inc)
Application of Trust Funds. (a) On each Distribution -------------------------- Date, the Owner Trustee will distribute to Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Sections 5.06 and 5.07 of the Sale and Servicing Agreement with respect to such Distribution Date.
Appears in 1 contract
Samples: Form of Trust Agreement (Asset Backed Securities Corp)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will shall (based on the information contained in the Servicer's Certificate delivered on the related Determination Date) distribute to the Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution Account.
Appears in 1 contract
Samples: Trust Agreement (Navistar Financial Retail Receivables Corporation)
Application of Trust Funds. (a) On each Distribution Date, the Owner Trustee will shall distribute to the Certificateholders, on a pro rata basis, amounts deposited in the Certificate Distribution AccountAccount pursuant to Sections 4.06 and 5.02(b) of the Pooling and Servicing Agreement with respect to such Distribution Date.
Appears in 1 contract
Samples: Trust Agreement (Navistar Financial Retail Receivables Corporation)
