Yield Supplement Account. On the Closing Date, the Seller will deposit the Yield Supplement Account Deposit to the Yield Supplement Account from the net proceeds of the sale of the Notes. The Yield Supplement Account shall be the property of the Issuer subject to the rights of the Indenture Trustee for the benefit of the Securityholders.
Appears in 136 contracts
Samples: Sale and Servicing Agreement (Honda Auto Receivables 2014-1 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2010-3 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2018-3 Owner Trust)
Yield Supplement Account. On the Closing Date, the Seller Transferor will deposit the Yield Supplement Account Deposit to the Yield Supplement Account from the net proceeds of the sale of the Notes. The Yield Supplement Account shall be the property of the Issuer subject to the rights of the Indenture Trustee for the benefit of the Securityholders.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (American Honda Receivables Corp)
Yield Supplement Account. On the Closing Date, the Seller will deposit the Yield Supplement Account Deposit to the Yield Supplement Account from the net proceeds of the sale of the Class A-2, Class A-3 and Class A-4 Notes. The Yield Supplement Account shall be the property of the Issuer subject to the rights of the Indenture Trustee for the benefit of the Securityholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Honda Auto Receivables 2010-2 Owner Trust)
Yield Supplement Account. On the Closing Date, the Seller will deposit the Yield Supplement Account Deposit to the Yield Supplement Account from the net proceeds of the sale of the Notes. The Yield Supplement Account shall be the property of the Issuer subject to the rights of the Indenture Trustee for the benefit of the Securityholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (American Honda Receivables Corp)
