Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.
Principal Distribution Account means the account designated as such, established and maintained pursuant to Section 5.01(b).
Principal Distribution Account means the account designated as such, established and maintained pursuant to Section 8.2(c) of the Indenture.
Examples of Principal Distribution Account in a sentence
The Trust Accounts currently existing under the Indenture are the Reserve Account, the Collection Account and the Principal Distribution Account maintained and held at the Securities Intermediary by the Issuer in the name of the Secured Party, subject to the first priority security interest of the Secured Party for the benefit of the Noteholders in the Trust Accounts granted by the Issuer to the Secured Party to secure payment of the Notes.
More Definitions of Principal Distribution Account
Principal Distribution Account means the account by that name established and maintained pursuant to Section 8.2(a)(ii) of the Indenture.
Principal Distribution Account means the administrative subaccount within the Collection Account established by the Indenture Trustee pursuant to Section 5.01(a)(i).
Principal Distribution Account shall have the meaning specified in Section 8.02(a)(ii) of the Indenture.
Principal Distribution Account means the account designated as such, established and maintained pursuant to Section 2.03(a)(iv) of the Administration Agreement.
Principal Distribution Account means the administrative subaccount established within the Collection Account by the Indenture Trustee pursuant to the Indenture and the Trust Agreement.
Principal Distribution Account means the account designated as such, established and maintained pursuant toU Section 5.1(b)U.
Principal Distribution Account means the administrative subaccount of the Note Distribution Account established and maintained as such pursuant to Section 5.1 of the Sale and Servicing Agreement.