Common use of Method of Payment Clause in Contracts

Method of Payment. Subject to the Indenture and the Sale and Servicing Agreement, distributions required to be made to the Certificateholders on any Payment Date and all amounts received by the Issuer, the Indenture Trustee or the Owner Trustee on any other date that are payable to the Certificateholders pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders by wire transfer, in immediately available funds, to the account of each Certificateholder designated by the Certificateholder to the Certificate Paying Agent and the Indenture Trustee in writing.

Appears in 100 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2021-4), Trust Agreement (Drive Auto Receivables Trust 2021-1), Trust Agreement (Bridgecrest Auto Funding LLC)

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Method of Payment. Subject to the Indenture and the Sale and Servicing AgreementIndenture, distributions required to be made to the Certificateholders Certificateholder on any Payment Date and all amounts received by the Issuer, the Indenture Trustee Issuer or the Owner Trustee on any other date that are payable to the Certificateholders Certificateholder pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders Certificateholder by wire transfer, in immediately available funds, to the account of each the Certificateholder designated by the Certificateholder to the Certificate Paying Agent Owner Trustee and the Indenture Trustee in writing.

Appears in 79 contracts

Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2014-2), Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2008-2)

Method of Payment. Subject to the Indenture and the Sale and Servicing Agreement, distributions required to be made to the Certificateholders on any Payment Date and all amounts received by the Issuer, the Indenture Trustee or the Owner Trustee on any other date that are payable to the Certificateholders pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders by wire transfer, in immediately available funds, to the account of each Certificateholder designated by the Certificateholder to the Certificate Paying Agent Owner Trustee and the Indenture Trustee in writing.

Appears in 25 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables LLC)

Method of Payment. Subject to the Indenture and the Sale and Servicing AgreementIndenture, distributions required to be made to the Certificateholders on any Payment Date and all amounts received by the Issuer, the Indenture Trustee Issuer or the Owner Trustee on any other date that are payable to the Certificateholders pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders by wire transfer, in immediately available funds, to the account of each Certificateholder designated by the such Certificateholder to the Certificate Paying Agent Owner Trustee and the Indenture Trustee in writing.

Appears in 22 contracts

Samples: Trust Agreement (Capital One Prime Auto Receivables Trust 2021-1), Trust Agreement (Capital One Auto Receivables LLC), Trust Agreement (Huntington Funding, LLC)

Method of Payment. Subject to the Indenture and the Sale and Servicing AgreementIndenture, distributions required to be made to the Certificateholders a Certificateholder on any Payment Date and all amounts received by the Issuer, the Indenture Trustee Issuer or the Owner Trustee on any other date that are payable to the Certificateholders a Certificateholder pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders such Certificateholder by wire transfer, in immediately available funds, to the account of each such Certificateholder designated by the such Certificateholder to the Certificate Paying Agent and the Indenture Owner Trustee in writing.

Appears in 18 contracts

Samples: Trust Agreement (Bank of America Auto Receivables Securitization, LLC), Trust Agreement (Fifth Third Holdings Funding, LLC), Trust Agreement (Fifth Third Auto Trust 2014-2)

Method of Payment. Subject to the Indenture and the Sale and Servicing Agreement, distributions required to be made to the Certificateholders on any Payment Date and all amounts received by the Issuer, the Indenture Trustee Issuer or the Owner Trustee on any other date that are payable to the Certificateholders pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders by wire transfer, in immediately available funds, to the account of each Certificateholder designated by the Certificateholder to the Certificate Paying Agent Owner Trustee and the Indenture Trustee in writing.

Appears in 11 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables Trust 2014-4), Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables LLC)

Method of Payment. Subject to the Indenture and the Sale and Servicing AgreementIndenture, distributions required to be made to the Certificateholders on any Payment Date and all amounts received by the Issuer, the Indenture Trustee Issuer or the Owner Trustee on any other date that are payable to the Certificateholders pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders by wire transfer, in immediately available funds, to the account of each Certificateholder Certificateholders designated by the such Certificateholder to the Certificate Paying Agent Owner Trustee and the Indenture Trustee in writing.

Appears in 3 contracts

Samples: Trust Agreement (Fifth Third Holdings Funding, LLC), Trust Agreement (Fifth Third Holdings Funding, LLC), Trust Agreement (Fifth Third Holdings Funding, LLC)

Method of Payment. Subject to the Indenture and the Sale and Servicing AgreementIndenture, distributions required to be made to the Certificateholders on any Payment Date and all amounts received by the Issuer, the Indenture Trustee Issuer or the Owner Trustee on any other date that are payable to the Certificateholders pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders by wire transfer, in immediately available funds, to the account of each Certificateholder designated by the such Certificateholder to the Certificate Paying Agent Owner Trustee and the Indenture Trustee in writing.. 20 Form of Amended and Restated Trust Agreement

Appears in 1 contract

Samples: Trust Agreement (Capital One Auto Receivables LLC)

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Method of Payment. Subject to the Indenture and the Sale and Servicing Agreement, distributions required to be made to the Certificateholders Certificateholder on any Payment Date and all amounts received by the Issuer, the Indenture Trustee Issuer or the Owner Trustee on any other date that are payable to the Certificateholders Certificateholder pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders Certificateholder by wire transfer, in immediately available funds, to the account of each the Certificateholder designated by the Certificateholder to the Certificate Paying Agent Owner Trustee and the Indenture Trustee in writing.

Appears in 1 contract

Samples: Trust Agreement (Chase Auto Receivables LLC)

Method of Payment. Subject to the Indenture and the Sale and Servicing Agreement, distributions required to be made to the Certificateholders on any Payment Date and all amounts received by the Issuer, the Indenture Trustee or the Owner Trustee on any other date that are payable to the Certificateholders pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders by wire transfer, in immediately available funds, to the account of each Certificateholder designated by the Certificateholder to the Certificate Paying Agent Owner Trustee and the Indenture Trustee in writing.. 20 Amended and Restated

Appears in 1 contract

Samples: Trust Agreement (Santander Drive Auto Receivables LLC)

Method of Payment. Subject to the Indenture and the Sale and Servicing AgreementIndenture, distributions required to be made to the Certificateholders on any Payment Date and all amounts received by the Issuer, the Indenture Trustee Issuer or the Owner Trustee on any other date that are payable to the Certificateholders pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders by wire transfer, in immediately available funds, to the account of each Certificateholder designated by the such Certificateholder to the Certificate Paying Agent Owner Trustee and the Indenture Trustee in writing.writing.β€Œ

Appears in 1 contract

Samples: Trust Agreement

Method of Payment. Subject to the Indenture and the Sale and Servicing AgreementIndenture, distributions required to be made to the Certificateholders a Certificateholder on any Payment Date and all amounts received by the Issuer, the Indenture Trustee Issuer or the Amended and Restated Owner Trustee on any other date that are payable to the Certificateholders a Certificateholder pursuant to this Agreement or any other Transaction Document shall be made to the Certificateholders such Certificateholder by wire transfer, in immediately available funds, to the account of each such Certificateholder designated by the such Certificateholder to the Certificate Paying Agent and the Indenture Owner Trustee in writing.

Appears in 1 contract

Samples: Trust Agreement (Fifth Third Holdings Funding, LLC)

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