Common use of Payments on the Notes Clause in Contracts

Payments on the Notes. (a) (I) On each Payment Date, the Indenture Trustee shall withdraw from the Note Payment Account an amount equal to the Amount Available for such Payment Date and pay the following amounts, in the following order of priority:

Appears in 7 contracts

Samples: Servicing Agreement (Origen Manufactured Housing Contract Trust 2004-B), Indenture (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2005-B), Manufactured Housing (Origen Residential Securities, Inc.)

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Payments on the Notes. (a) (I) On each Payment Date, the Indenture Trustee shall withdraw from the Note Payment Account an amount equal to the Amount Available for such Payment Date and pay the following amounts, in the following order of priority:

Appears in 2 contracts

Samples: Manufactured Housing Contract (Origen Residential Securities, Inc.), Servicing Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A)

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