Common use of Application of Trust Money Clause in Contracts

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trustee, it in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or herein, in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Administration Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Note Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by lawApplicable Law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes Bonds and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interest, interest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or as required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeCertificates, of all sums due and to become due thereon for principal and interest, interest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Registered Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal of and interest, interest on each Class of Notes; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Trust Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Note Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or as required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section Sections 3.3 and 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes Sale and this IndentureServicing Agreement, to the payment, either directly or through any Paying Agent, Agent to the Holders of the particular Notes and the Insurer for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 Sections 3.03 and 4.01 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or otherwise required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by lawApplicable Law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section Sections 3.3 and 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes Sale and this IndentureServicing Agreement, to the payment, either directly or through any Paying Agent, Agent to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with -------------------------- the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any the Note Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trustee, it in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by applicable law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.. SECTION 4.4

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Certificate Paying Agent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interest, interest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as Servicer may direct, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Note Paying Agent, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and 201_-[__] Servicing Agreement or required by lawApplicable Law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, Trustee of all sums due and to become due thereon for principal and interest, but such . Such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or as required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section Section 4.1 shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the -------------------------- Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying AgentAgent of the Issuer, or Certificate Paying Agent as designee of the Issuer and the Insurer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeSecurityholders, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any the Note Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Assignment Agreement or required by law.

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section Sections 3.3 and 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes Sale and this IndentureServicing Agreement, to the payment, either directly or through any Paying Agent, Agent to the Holders of the particular Class A Notes and the Insurer for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Assignment Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to as the Indenture Trustee may determine, the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but ; provided such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the Notes Noteholders for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Allocation Agreement or required by law.

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Indenture shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Certificate Paying Agent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interest, interest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.