Common use of Final Distribution Clause in Contracts

Final Distribution. The Issuer shall give the Indenture Trustee at least 30 days written notice of the Payment Date on which the Noteholders of any Series, Class or Tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Series, Class or Tranche specifying (i) the date upon which final payment of such Series, Class or Tranche will be made upon presentation and surrender of Notes of such Series, Class or Tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States). The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 8 contracts

Samples: Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Servicing Agreement (American Express Receivables Financing Corp VIII LLC), And Servicing Agreement (American Express Receivables Financing Corp VIII LLC)

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Final Distribution. (a) The Issuer shall give the Indenture Trustee at least 30 days thirty (30) days’ prior written notice of the Payment Date on which the Noteholders of any Series, Series or Class or Tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee or the Paying Agent shall provide notice to Noteholders of such Series, Series or Class or Tranche and each Derivative Counterparty (if applicable) specifying (i) the date upon which final payment of such Series, Series or Class or Tranche will be made upon presentation and surrender of Notes of such Series, Series or Class or Tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States)specified. The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 5 contracts

Samples: Administration Agreement (New Residential Investment Corp.), Indenture (Nationstar Mortgage Holdings Inc.), Administration Agreement (Nationstar Mortgage Holdings Inc.)

Final Distribution. (a) The Issuer shall give the Indenture Trustee at least 30 thirty (30) days prior written notice of the Payment Date on which the Noteholders of any Series, Class or Tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Series, Class or Tranche specifying (i) the date upon which final payment of such Series, Class or Tranche will be made upon presentation and surrender of Notes of such Series, Class or Tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States). The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 5 contracts

Samples: Servicing Agreement (Capital One Master Trust), Servicing Agreement (Capital One Master Trust), investor.capitalone.com

Final Distribution. (a) The Issuer Transferor shall give the Indenture Trustee at least 30 thirty (30) days prior written notice of the Payment Date on which the Noteholders of any Seriesseries, Class class or Tranche tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Seriesseries, Class class or Tranche tranche specifying (i) the date upon which final payment of such Seriesseries, Class class or Tranche tranche will be made upon presentation and surrender of Notes of such Seriesseries, Class class or Tranche tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States). The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 3 contracts

Samples: Indenture (BA Master Credit Card Trust II), Pooling and Servicing Agreement (BA Master Credit Card Trust II), BA Master Credit Card Trust II

Final Distribution. (a) The Issuer shall give the Indenture Trustee at least 30 thirty (30) days prior written notice of the Payment Date on which the Noteholders of any Seriesseries, Class class or Tranche tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Seriesseries, Class class or Tranche tranche specifying (i) the date upon which final payment of such Seriesseries, Class class or Tranche tranche will be made upon presentation and surrender of Notes of such Seriesseries, Class class or Tranche tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States)specified. The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (National City Bank /), National City Credit Card Master Trust

Final Distribution. (a) The Issuer shall give the Indenture Trustee at least 30 thirty (30) days prior written notice of the Payment Date on which the Noteholders of any Series, Series or Class or Tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee or the Paying Agent shall provide notice to Noteholders of such Series, Series or Class or Tranche and each Derivative Counterparty (if applicable) specifying (i) the date upon which final payment of such Series, Series or Class or Tranche will be made upon presentation and surrender of Notes of such Series, Series or Class or Tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States)specified. The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 2 contracts

Samples: Indenture (Nationstar Mortgage Holdings Inc.), Nationstar Mortgage Holdings Inc.

Final Distribution. (a) The Issuer Servicer shall give the Indenture Trustee at least 30 thirty (30) days prior written notice of the Payment Date on which the Noteholders of any Seriesseries, Class class or Tranche tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Seriesseries, Class class or Tranche tranche specifying (i) the date upon which final payment of such Seriesseries, Class class or Tranche tranche will be made upon presentation and surrender of Notes of such Seriesseries, Class class or Tranche tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States). The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 2 contracts

Samples: Indenture (BA Credit Card Trust), Pooling and Servicing Agreement (Mbna Credit Card Master Note Trust)

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Final Distribution. (a) The Issuer Transferor shall give the Indenture Trustee and the Note Registrar at least 30 thirty (30) days prior written notice of the Payment Date on which the Noteholders of any Series, Class or Tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Series, Class or Tranche specifying (i) the date upon which final payment of such Series, Class or Tranche will be made upon presentation and surrender of Notes of such Series, Class or Tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States)specified. The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 1 contract

Samples: Indenture (WF Card Funding LLC)

Final Distribution. (a) The Issuer Transferor shall give the Indenture Trustee Trustee, the Paying Agent and the Note Registrar at least 30 thirty (30) days prior written notice of the Payment Date on which the Noteholders of any Series, Class or Tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Series, Class or Tranche specifying (i) the date upon which final payment of such Series, Class or Tranche will be made upon presentation and surrender of Notes of such Series, Class or Tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States)specified. The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 1 contract

Samples: WF Card Issuance Trust

Final Distribution. (a) The Issuer Servicer shall give the Indenture Trustee at least 30 thirty (30) days written prior notice of the Payment Date on which the Noteholders of any Seriesseries, Class class or Tranche tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Seriesseries, Class class or Tranche tranche specifying (i) the date upon which final payment of such Seriesseries, Class class or Tranche tranche will be made upon presentation and surrender of Notes of such Seriesseries, Class class or Tranche tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States). The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mbna Credit Card Master Note Trust)

Final Distribution. (a) The Issuer Servicer shall give the Indenture Trustee at least 30 thirty (30) days prior written notice of the Payment Distribution Date on which the Noteholders of any Series, Series or Class or Tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month or such other date specified in an Indenture Supplement in which the final distribution in respect of such Series, Series or Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Series, Series or Class or Tranche specifying (i) the date upon which final payment of such Series, Series or Class or Tranche will be made upon presentation and surrender of Notes of such Series, Series or Class or Tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Note Record Date otherwise applicable to such payment date Distribution Date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States)specified. The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders.

Appears in 1 contract

Samples: Navistar Financial Dealer (Navistar International Corp)

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