Common use of Method of Payment Clause in Contracts

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 58 contracts

Samples: Trust Agreement (CNH Capital Receivables LLC), Trust Agreement (CNH Capital Receivables LLC), Trust Agreement (CNH Equipment Trust 2010-A)

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Method of Payment. Subject to Section 9.1(c)9.01(c) respecting the final payment upon retirement of each Trust Certificate, distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding related Record Date either by (i) wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five (5) Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000Date, or, or (ii) if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 55 contracts

Samples: Trust Agreement (American Honda Receivables LLC), Trust Agreement (Honda Auto Receivables 2018-3 Owner Trust), Trust Agreement (Honda Auto Receivables 2016-4 Owner Trust)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if (a) such Certificateholder shall have provided to the Certificate Registrar and the Paying Agent appropriate written instructions at least five Business Days prior to such Payment Date and (b) such Certificateholder’s Trust Certificates aggregate not less than $1,000,000Certificateholder is the Depositor, or an Affiliate thereof, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 24 contracts

Samples: Trust Agreement (Hyundai Abs Funding Corp), Trust Agreement (Hyundai Auto Receivables Trust 2006-B), Trust Agreement (Hyundai Auto Receivables Trust 2011-C)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Holder's Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 16 contracts

Samples: Trust Agreement (Case Receivables Ii Inc), Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (Case Receivables Ii Inc)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, transfer in immediately available funds, funds to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000____________, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 10 contracts

Samples: Trust Agreement (Bond Securitization LLC), Trust Agreement (Bond Securitization LLC), Trust Agreement (Goldman Sachs Asset Backed Securities Corp)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either (x) by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days no later than the Record Date prior to such Payment Date and Date, or (y) if such Certificateholder’s Trust Certificates aggregate Certificateholder does not less than $1,000,000, or, if notqualify under clause (x), by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 7 contracts

Samples: Trust Agreement (World Omni Auto Receivables Trust 2006-A), Trust Agreement (World Omni Auto Receivables LLC), Trust Agreement (World Omni Auto Receivables LLC)

Method of Payment. Subject to Section 9.1(c8.01(c), distributions required to be made to the Certificateholders on any Payment Date as provided in Section 4.02 shall be made to each Certificateholder the Certificateholders of record on the preceding Record Date either by by, in the case of any Certificateholder owning a Single Certificate, wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 5 contracts

Samples: Trust Agreement (New York Mortgage Trust 2005-2), Trust Agreement (Structured Asset Sec Corp Thornburg Mort Sec Trust 2003 6), Trust Agreement (Greenwich Capital Acceptance, Inc New York Mortgage Trust 2005-1)

Method of Payment. Subject to Section 9.1(c8.01(c), distributions required to be made to Certificateholders on any Payment Date as provided in Section 5.01 shall be made to each Certificateholder of record on the preceding Record Date either by by, in the case of any Certificateholder owning 100% of the Certificates, wire transfer, transfer in immediately available funds, funds to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 4 contracts

Samples: Trust Agreement (Superior Bank FSB), Trust Agreement (Superior Bank FSB Afc Mortgage Ln Asset Bk Notes Ser 1999-3), Trust Agreement (Superior Bank FSB Afc Mort Ln Asset Backed Notes Ser 2000 2)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 4 contracts

Samples: Trust Agreement (First Merchants Acceptance Corp), Trust Agreement (First Merchants Acceptance Corp), Trust Agreement (First Merchants Acceptance Corp)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar and the Paying Agent appropriate written instructions at least five (5) Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 4 contracts

Samples: Trust Agreement (GS Auto Loan Trust 2005-1), Trust Agreement (GS Auto Loan Trust 2007-1), Trust Agreement (GS Auto Loan Trust 2006-1)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such CertificateholderHolder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 3 contracts

Samples: Trust Agreement (CNH Equipment Trust 2005-A), Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (CNH Capital Receivables Inc)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Holder's Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 3 contracts

Samples: Trust Agreement (Green Tree Financial Corp), Trust Agreement (Green Tree Financial Corp), Trust Agreement (Conseco Finance Securitizations Corp)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 3 contracts

Samples: Trust Agreement (Education Capital I LLC), Trust Agreement (Education Capital I LLC), Trust Agreement (Education Funding Capital Trust I)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Trust Holder's Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 3 contracts

Samples: Trust Agreement (Conseco Finance Corp), Trust Agreement (Conseco Finance Securitizations Corp), Trust Agreement (Arcadia Receivables Finance Corp)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 2 contracts

Samples: Trust Agreement (Citigroup Vehicle Securities Inc), Trust Agreement (Morgan Stanley Abs Capital Ii Inc)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000a thirty percent (30%) Percentage Interest, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 2 contracts

Samples: Trust Agreement (SSB Vehicle Securities Inc), Trust Agreement (SSB Vehicle Securities Inc SSB Auto Loan Trust 2002-1)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate 18 of 41 written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Education Capital I LLC)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if (a) such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five (5) Business Days prior to such Payment Date and Date, or (b) such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, Certificateholder is the Depositor or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.such

Appears in 1 contract

Samples: Trust Agreement (Daimler Benz Vehicle Receivables Corp)

Method of Payment. Subject to Section 9.1(c)) hereof, distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions 18 25 at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Student Loan Funding LLC)

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Method of Payment. Subject to Section SECTION 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Holder's Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (CNH Capital Receivables Inc)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder’s Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Education Capital I LLC)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such 18 of 41 Trust Agreement Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Education Capital I LLC)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Holder's Trust Certificates aggregate not less than $1,000,000[__________], or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (CNH Capital Receivables Inc)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar and the Paying Agent appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Regions Acceptance LLC)

Method of Payment. Subject to Section 9.1(c)) hereof, distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Student Loan Funding LLC)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar Xxxxxxxxx appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Premier Auto Trust 1996-4)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either either: (a) by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Holder's Trust Certificates aggregate not less than $1,000,000, or, if not, (b) by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Case Receivables Ii Inc)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Holder's Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Cef Equipment Holding LLC)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, transfer in immediately available funds, funds to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such CertificateholderHolder’s Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000___, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if (i) such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and or (ii) such Certificateholder’s Trust Certificates aggregate not less than $1,000,000Certificateholder is the Depositor, or an Affiliate thereof, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 1 contract

Samples: Trust Agreement (Ucfc Acceptance Corp)

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