Class A Note Distribution Account definition

Class A Note Distribution Account means the Class A Note Distribution Account established and maintained pursuant to Section 5.01(a)(ii) hereof.
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Class A Note Distribution Account means the account designated as such and established and maintained pursuant to SECTION 5.01.
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Examples of Class A Note Distribution Account in a sentence

  • Without limiting the foregoing, the Issuer will cause to be distributed all amounts on deposit in the Class A Note Distribution Account and the Class B Note Distribution Account on a Distribution Date pursuant to SECTION 8.02(c).

  • On or before the Business Day preceding each Distribution Date, the Noteholders' Distributable Amount with respect to the preceding Collection Period will be transferred from the Collection Account and/or the Reserve Account, as applicable, to the Class A Note Distribution Account and the Class B Note Distribution Account as provided in Sections 5.04 and 5.05 of the Sale and Servicing Agreement.

  • Funds in the Policy Payments Account, the Class A Note Distribution Account, the Class B Note Distribution Account and the Certificate Distribution Account shall not be invested.

  • Without limiting the foregoing, the Issuer will cause to be distributed all amounts on deposit in the Class A Note Distribution Account and the Class B Note Distribution Account on a Distribution Date pursuant to SECTION 8.02(C).

  • The Class A Note Distribution Account and the Class B Note Distribution Account shall initially be established with the Trust Collateral Agent.

  • On or before the Business Day preceding each Distribution Date, the Noteholders' Distributable Amount with respect to the preceding Collection Period will be transferred from the Collection Account and/or the Reserve Account, as applicable, to the Class A Note Distribution Account and/or the Class B Note Distribution Account as provided in Sections 5.04 and 5.05 of the Sale and Servicing Agreement.

  • Without limiting the foregoing, the Issuer will cause to be distributed to the Noteholders all amounts on deposit in the Class A Note Distribution Account and Class B Note Distribution Account on a Distribution Date deposited therein pursuant to the Sale and Servicing Agreement for the benefit of the Notes.

  • Amounts paid by the Note Insurer under the Note Policy shall be deposited by the Trust Collateral Agent into the Policy Payments Account and thereafter into the Class A Note Distribution Account for payment to Class A Noteholders on the related Distribution Date (or promptly following payment by the Note Insurer on a later date as set forth in the Note Policy).

Related to Class A Note Distribution Account