Common use of Note Guaranty Insurance Policy Clause in Contracts

Note Guaranty Insurance Policy. All amounts paid by the Note Insurer under the Note Guaranty Insurance Policy shall be used solely for the payment of principal of and interest on the Class A Notes in accordance with the terms of the Note Guaranty Insurance Policy.

Appears in 3 contracts

Samples: Servicing Agreement (Capital One Auto Receivables LLC), Capital One Auto Receivables Trust 2001-B, Capital One Auto Finance Trust 2002-A

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Note Guaranty Insurance Policy. All amounts paid by the Note Insurer under the Note Guaranty Insurance Policy shall be used solely for the payment of principal of and interest on the Class A Notes in accordance with the terms of the Note Guaranty Insurance Policy.

Appears in 3 contracts

Samples: Capital One Auto Receivables LLC, Capital One Auto Finance Trust 2002-C, Capital One Auto Receivables LLC

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