Common use of Trust Accounts; Distributions Clause in Contracts

Trust Accounts; Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee for the benefit of the Noteholders, or on behalf of the Owner Trustee for the benefit of the Securityholders, the Trust Accounts as provided in the Sale and Servicing Agreement. The Servicer shall deposit amounts into each of the Trust Accounts in accordance with the terms hereof, the Sale and Servicing Agreement and the Payment Statements.

Trust Accounts; Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee for the benefit of the Noteholders, or on behalf of the Owner Trustee for the benefit of the Securityholders, the Trust Accounts as provided in Article V of the Sale and Servicing Agreement. The Servicer Indenture Trustee shall deposit amounts into each of the Trust Accounts in accordance with the terms hereof, the Sale and Servicing Agreement and the Payment StatementsServicer's Monthly Remittance Report.

Trust Accounts; Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee for the benefit of the Noteholders, or on behalf of the Owner Trustee for the benefit of the Securityholders, the Trust Accounts Collection Account and the Principal Collections Account as provided in the Sale and Servicing Agreement. The Servicer shall deposit amounts into each of the Trust Accounts such accounts in accordance with the terms hereof, hereof and the Sale and Servicing Agreement and the Payment StatementsAgreement.

Trust Accounts; Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintainmaintain with the Indenture Trustee, in the name of the Indenture Trustee for the benefit of the Noteholders, or on behalf of the Owner Trustee for the benefit of the Securityholders, the Trust Accounts Collection Account, the Principal Collections Account and the Distribution Account as provided in the Sale and Servicing Agreement. The Servicer shall deposit amounts into each of the Trust Accounts such accounts in accordance with the terms hereof, hereof and the Sale and Servicing Agreement and the Payment StatementsAgreement.

Trust Accounts; Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee for the benefit of the Noteholders, or on behalf of the Owner Trustee for the benefit of the SecurityholdersSecurity holders, the Trust Accounts as provided in the Sale and Servicing Agreement. The Servicer shall deposit amounts into each of the Trust Accounts in accordance with the terms hereof, the Sale and Servicing Agreement and the Payment Statements.

Trust Accounts; Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, or the Indenture Trustee shall establish and maintain, in the name of the Indenture Trustee for the benefit of the NoteholdersNoteholders and the Note Insurer, or on behalf of the Owner Trustee for the benefit of the Securityholders, the Trust Accounts Accounts, as provided in the Sale and Servicing Agreement. The Issuer shall cause the Servicer shall to, and the Paying Agent shall, deposit amounts into each of the Trust Accounts in accordance with the terms hereof, hereof and the Sale and Servicing Agreement and the Payment StatementsAgreement.

Trust Accounts; Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee for the benefit of the Noteholders, or on behalf of the Co-Owner Trustee for the benefit of the SecurityholdersCertificateholders, the Trust Accounts as provided in ARTICLE V of the Sale and Servicing Agreement. The Servicer Indenture Trustee or Co- Owner Trustee shall deposit amounts into each of the Trust Accounts in accordance with the terms hereof, the Sale and Servicing Agreement and the Payment StatementsServicer's Monthly Remittance Report.

Trust Accounts; Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee for the benefit of the Noteholders, or on behalf of the Owner Trustee for the benefit of the Securityholders, the Trust Accounts as provided in the Sale and Servicing Agreement. The Servicer Indenture Trustee shall deposit amounts into each of the Trust Accounts in accordance with the terms hereof, the Sale and Servicing Agreement and the Payment Statements.

Trust Accounts; Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee for the benefit of the Noteholders, or on behalf of the Co-Owner Trustee for the benefit of the SecurityholdersCertificateholders, the Trust Accounts as provided in Article V of the Sale and Servicing Agreement. The Servicer Indenture Trustee or Co-Owner Trustee shall deposit amounts into each of the Trust Accounts in accordance with the terms hereof, the Sale and Servicing Agreement and the Payment StatementsServicer's Monthly Remittance Report.