Common use of Money for Payments to Noteholders to be Held in Trust Clause in Contracts

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 or 6.6 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof, as the case may be.

Appears in 15 contracts

Samples: Indenture (Bluegreen Vacations Holding Corp), BXG Receivables Note (Bluegreen Vacations Holding Corp), Indenture (Bluegreen Vacations Corp)

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Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 Section 3.04 or 6.6 Section 6.06 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.38.03, in Section 3.4 3.04 hereof or Section 6.6 6.06 hereof, as the case may be.

Appears in 10 contracts

Samples: Indenture (Diamond Resorts International, Inc.), Indenture and Servicing Agreement (MARRIOTT VACATIONS WORLDWIDE Corp), Indenture (Diamond Resorts International, Inc.)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 or 6.6 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof, as the case may be.

Appears in 9 contracts

Samples: Note Funding Agreement (BBX Capital Corp), BXG Timeshare (Bluegreen Vacations Holding Corp), Indenture (BBX Capital Corp)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts Collection Account pursuant to Sections 3.4 Section 3.03(b) or 6.6 hereof Section 7.06 shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.3, 9.03 or in Section 3.4 3.03(b), Section 3.04(b) or Section 6.6 hereof, as the case may be7.06.

Appears in 7 contracts

Samples: Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 or 6.6 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof6.6, as the case may be.

Appears in 7 contracts

Samples: Indenture (Silverleaf Resorts Inc), Indenture (Silverleaf Resorts Inc), Indenture (Silverleaf Resorts Inc)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections Section 3.2, Section 3.3, Section 3.4 or Section 6.6 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.3, in Section 3.4 hereof or Section 6.6 hereof, as the case may be.

Appears in 5 contracts

Samples: Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts Corp)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 Section 3.04 or 6.6 hereof Section 6.06 shall be made on behalf of the Issuer Company by the Indenture Trustee, and no amounts so withdrawn from the applicable Collection Account for payments of the Notes shall be paid over to the Issuer Company under any circumstances, circumstances except as provided in this Section 8.38.03, in Section 3.4 3.04 or Section 6.6 hereof, as the case may be6.06.

Appears in 3 contracts

Samples: Trust Indenture (Autobond Acceptance Corp), Trust Indenture (Autobond Acceptance Corp), Trust Indenture (Autobond Acceptance Corp)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 or 6.6 hereof shall be made on behalf of the Issuer by the Indenture TrusteePaying Agent, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof, as the case may be.

Appears in 2 contracts

Samples: Indenture (Bluegreen Vacations Holding Corp), Indenture (Bluegreen Vacations Corp)

Money for Payments to Noteholders to be Held in Trust. (a) All a)All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 or 6.6 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof, as the case may be.

Appears in 2 contracts

Samples: Indenture (BBX Capital Corp), Indenture (BFC Financial Corp)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts Collection Account pursuant to Sections 3.4 Section 3.3(b) or Section 6.6 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.3, 8.3 or in Section 3.4 3.3(b) or Section 6.6 hereof, as the case may be6.6.

Appears in 2 contracts

Samples: Indenture (Provident Lease Receivables Corp), Indenture (Provident Lease Receivables Corp)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts Collection Account pursuant to Sections 3.4 Section 3.03(b) or 6.6 hereof Section 6.06 shall be made on behalf of the Issuer Company by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer Company under any circumstances, circumstances except as provided in this Section 8.3, 8.03 or in Section 3.4 3.03(b) or Section 6.6 hereof, as the case may be6.06.

Appears in 2 contracts

Samples: Indenture (Copelco Capital Funding Corp X), Indenture (Copelco Capital Funding Corp X)

Money for Payments to Noteholders to be Held in Trust. (a) a. All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 or 6.6 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof6.6, as the case may be.

Appears in 2 contracts

Samples: Silverleaf Resorts Inc, Silverleaf Resorts Inc

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts Distribution Account pursuant to Sections 3.4 Section 3.03(b) or 6.6 hereof Section 6.06 shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Distribution Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.3, 8.03 or in Section 3.4 3.03(b) or Section 6.6 hereof, as the case may be6.06.

Appears in 1 contract

Samples: Indenture (Charter Equipment Lease 1998-1 LLC)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts Collection Account pursuant to Sections 3.4 Section 3.03(b) or 6.6 hereof Section 6.06 shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.3, 8.03 or in Section 3.4 3.03(b), Section 3.04(b) or Section 6.6 hereof, as the case may be6.06.

Appears in 1 contract

Samples: Ikon Receivables LLC

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections Section 3.4 or Section 6.6 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof, as the case may be6.6.

Appears in 1 contract

Samples: Indenture (Sunterra Corp)

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Money for Payments to Noteholders to be Held in Trust. (ac) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 Section 3.04 or 6.6 Section 6.06 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.38.03, in Section 3.4 3.04 hereof or Section 6.6 6.06 hereof, as the case may be.

Appears in 1 contract

Samples: Indenture (Diamond Resorts Corp)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections Section 3.4 or Section 6.6 hereof shall be made on behalf of the Issuer Borrower by the Indenture Trustee, and no amounts so withdrawn from the applicable Collection Account for payments of the Notes shall be paid over to the Issuer Borrower under any circumstances, circumstances except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof, as the case may be6.6.

Appears in 1 contract

Samples: Trust Indenture (Trendwest Resorts Inc)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts Collection Account pursuant to Sections 3.4 Section 3.03(b) or 6.6 hereof Section 7.07 shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.3, 9.03 or in Section 3.4 3.03(b), Section 3.04(b) or Section 6.6 hereof, as the case may be7.07.

Appears in 1 contract

Samples: Indenture (Ikon Receivables Funding LLC)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 or 6.6 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof, as the case may be.. 58

Appears in 1 contract

Samples: Note Funding Agreement (Bluegreen Vacations Corp)

Money for Payments to Noteholders to be Held in Trust. (ai) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts Collection Account, the Reserve Account or any other account established pursuant to Sections 3.4 or 6.6 hereof the Documents shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account any such account for payments of the Notes shall be paid over to the Issuer under any circumstances, except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof, as the case may be.

Appears in 1 contract

Samples: Vistana Inc

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts Collection Account, the Reserve Account, the Payahead Account or the Contract Purchase Account pursuant to Sections 3.4 Section 3.07(b) or 6.6 hereof Section 6.06 shall be made on behalf of the Issuer Company by the Indenture Trustee, and no amounts so withdrawn from the Collection Account, the Reserve Account, the Payahead Account or the Contract Purchase Account for payments of the Notes shall be paid over to the Issuer Company under any circumstances, circumstances except as provided in this Section 8.3, in Section 3.4 or Section 6.6 hereof, as the case may be8.03.

Appears in 1 contract

Samples: Indenture (Fidelity Leasing Inc)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes Not es that are to be made from amounts withdrawn from the Trust Accounts Collection Account pursuant to Sections 3.4 Section 3.03(b) or 6.6 hereof Section 7.06 shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.3, 9.03 or in Section 3.4 3.03(b), Section 3.04(b) or Section 6.6 hereof, as the case may be7.06.

Appears in 1 contract

Samples: Indenture (Ikon Receivables Funding LLC)

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 or 6.6 Section 3.03 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.3, 7.03 or in Section 3.4 or Section 6.6 3.03 hereof, as the case may be.

Appears in 1 contract

Samples: Encore Capital Group Inc

Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts pursuant to Sections 3.4 Section 3.04 or 6.6 Section 6.06 KL2 2817472.7 hereof shall be made on behalf of the Issuer by the Indenture Trustee, and no amounts so withdrawn from the Collection Account for payments of the Notes shall be paid over to the Issuer under any circumstances, circumstances except as provided in this Section 8.38.03, in Section 3.4 3.04 hereof or Section 6.6 6.06 hereof, as the case may be.

Appears in 1 contract

Samples: Indenture (Diamond Resorts International, Inc.)

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