Common use of Money for Payments To Be Held in Trust Clause in Contracts

Money for Payments To Be Held in Trust. As provided in Section 8.2(a) and (b), all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed from the Collection Account or any other Trust Account pursuant to Section 8.2(c) shall be made on behalf of the Issuer by the Indenture Trustee or by another Paying Agent, and no amounts so distributed from the Collection Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Paying Agent will:

Appears in 5 contracts

Samples: Master Indenture (Crestar Securitization LLC), Indenture (Crestar Bank /Va), Indenture (Transworld Insurance Co)

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Money for Payments To Be Held in Trust. As provided in Section 8.2(a) and (b)8.02, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust Account pursuant to Section 8.2(c8.02(d) shall be made on behalf of the Issuer by the Indenture Trustee or by another Paying AgentAgent (pursuant to the written instructions of the Servicer), and no amounts so distributed withdrawn from the Collection Account for payments of Notes shall be paid over to the Issuer Issuer, except as provided in this Sectionthe Pooling and Servicing Agreement. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Paying Agent will:

Appears in 4 contracts

Samples: Indenture (CIT Equipment Collateral 2008-Vt1), Indenture (Cit Funding Co, LLC), Cit Equipment Collateral 2006-Vt2

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 201_-[__] Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 201_-[__] Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 3 contracts

Samples: Indenture, (Daimler Trust), $_____________________ (Daimler Trust), Daimler Trust

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2012-A Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2012-A Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture, Dated (Mercedes-Benz Auto Lease Trust 2012-A), Indenture, Dated (Mercedes-Benz Auto Lease Trust 2012-A)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2016-B Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2016-B Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2016-B), Indenture (Mercedes-Benz Auto Lease Trust 2016-B)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2020-B Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2020-B Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2020-B), Indenture (Mercedes-Benz Auto Lease Trust 2020-B)

Money for Payments To Be Held in Trust. As provided in Section 8.2(a) and (b8.02(a), all payments of amounts due and payable with respect to any Notes Investment Recovery Bonds that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust Account pursuant to Section 8.2(c8.02(d) shall be made on behalf of the Issuer by the Indenture Trustee or by another Paying Agent, and no amounts so distributed withdrawn from the Collection Account for payments of Notes with respect to any Investment Recovery Bonds shall be paid over to the Issuer except as provided in this SectionSection 3.03 and Section 8.02. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, it hereby so agrees), subject to the provisions of this SectionSection 3.03, that such Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Indenture (Entergy Louisiana Investment Recovery Funding I, L.L.C.)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2023-A Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2023-A Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2023-A), Indenture (Mercedes-Benz Auto Lease Trust 2023-A)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2014-A Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2014-A Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2014-A), Indenture (Mercedes-Benz Auto Lease Trust 2014-A)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2015-B Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2015-B Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2015-B), Indenture (Mercedes-Benz Auto Lease Trust 2015-B)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2015-A Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2015-A Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2015-A), Indenture (Mercedes-Benz Auto Lease Trust 2015-A)

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Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2024-A Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2024-A Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2024-A), Indenture (Mercedes-Benz Auto Lease Trust 2024-A)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2018-B Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2018-B Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2018-B), Indenture (Mercedes-Benz Auto Lease Trust 2018-B)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2019-A Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2019-A Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2019-A), Indenture (Mercedes-Benz Auto Lease Trust 2019-A)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2017-A Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2017-A Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2017-A), Indenture (Mercedes-Benz Auto Lease Trust 2017-A)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2016-A Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2016-A Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 2 contracts

Samples: Indenture, (Mercedes-Benz Auto Lease Trust 2016-A), Indenture (Mercedes-Benz Auto Lease Trust 2016-A)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2013-B Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2013-B Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 1 contract

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2013-B)

Money for Payments To Be Held in Trust. As provided in Section 8.2(aSections 5.04(b) and (b)8.03, all payments of amounts due and payable with respect to any Notes that are to be made from amounts distributed withdrawn from the Collection Account or any other Trust 2013-A Distribution Account pursuant to Section 8.2(c) such Sections shall be made on behalf of the Issuer by the Indenture Trustee or by another a Note Paying Agent, and no amounts so distributed withdrawn from the Collection 2013-A Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section. The Issuer will cause each Note Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Note Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Note Paying Agent, it hereby so agrees), subject to the provisions of this Section, that such Note Paying Agent will:

Appears in 1 contract

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2013-A)

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