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in Section 8.02, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Accounts shall be made on behalf of the Issuer by the Indenture Trustee or by a Paying Agent, and no amounts so withdrawn from the Accounts for payments of Notes shall be paid over to the Issuer except as provided in this Section.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:

Money for Payments To Be Held in Trust. As provided in Section 8.028.02(a), all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Accounts Collection Account pursuant to Section 8.02(d) shall be made on behalf of the Note Issuer by the Indenture Trustee or by a another Paying Agent, and no amounts so withdrawn from the Accounts Collection Account for payments of with respect to any Notes shall be paid over to the Note Issuer except as provided in this SectionSection and Section 8.02. The Note 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: