Note Distribution Account definition
Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).
Note Distribution Account means the account designated as such, and established and maintained pursuant to Section 4.01 of the Sale and Servicing Agreement.
Note Distribution Account means the account established and maintained as such pursuant to Section 7.01.
Examples of Note Distribution Account in a sentence
On each Remittance Date, ▇▇▇▇▇▇ ▇▇▇ will pay to the Issuer, for deposit into the Note Distribution Account by the Indenture Trustee, (a) the Transfer Amount for the related Payment Date, it being understood that the Trust Estate Yield for the related Payment Date will be deemed to satisfy, up to the amount of such Trust Estate Yield, ▇▇▇▇▇▇ ▇▇▇'s Transfer Amount payment obligation for such Remittance Date and (b) the Return Reimbursement Amount, if any, for such Remittance Date.
More Definitions of Note Distribution Account
Note Distribution Account means the trust account established by the Indenture Trustee on behalf of the Noteholders pursuant to Section 8.02, into which amounts released from the 20[__]-[__] SUBI Collection Account and the Reserve Fund for distribution to Noteholders shall be deposited and from which all distributions to Noteholders shall be made.
Note Distribution Account means the account specified on Exhibit A.
Note Distribution Account has the meaning set forth in the Indenture.
Note Distribution Account means the account established and maintained as such pursuant to Section 4.01.
Note Distribution Account means the Note Distribution Account established and maintained pursuant to Section 5.01(a)(ii) hereof.
Note Distribution Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 8.2(a) of this Indenture.
Note Distribution Account means the Eligible Account designated the "Note Distribution Account" and established in the name of the Indenture Trustee pursuant to Section 10.02, in which will be deposited (a) investment income earned on Eligible Investments (up to the amount of the LIBOR Interest Component for a Payment Date), (b) proceeds from the liquidation of Eligible Investments, (c) due and payable Transfer Amounts, Capital Contribution Amounts and Return Reimbursement Amounts and (d) without duplication of the amounts set forth in clauses (a) through (c) above, other amounts payable to the Issuer in respect of the Designated Q-REMIC Interests; provided, that amounts payable in respect of the X-IO Interest will be paid directly to the X-IO Interestholder and will not be deposited in the Note Distribution Account.