Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 95 contracts
Samples: Indenture (CarMax Auto Owner Trust 2024-2), Indenture (Carmax Auto Funding LLC), Indenture (CarMax Auto Owner Trust 2024-1)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 71 contracts
Samples: Indenture (World Omni Auto Receivables Trust 2024-B), Indenture (World Omni Auto Receivables Trust 2024-B), Indenture (World Omni Auto Receivables Trust 2024-A)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trustee, it in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or herein, in the Sale and Servicing Agreement or required by law.
Appears in 65 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2023-B), Indenture (Hyundai Auto Receivables Trust 2023-B), Indenture (Hyundai Auto Receivables Trust 2023-A)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 52 contracts
Samples: Deere Owner Trust 2015 (John Deere Owner Trust 2015), Indenture (John Deere Owner Trust 2013), Indenture (Harley-Davidson Motorcycle Trust 2012-1)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 51 contracts
Samples: Indenture (Premier Auto Trust 1998 5), Indenture (First Merchants Acceptance Corp), Indenture (Daimlerchrysler Services North America LLC)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Administration Agreement or required by law.
Appears in 49 contracts
Samples: Indenture (SLM Student Loan Trust 2007-5), Indenture (SLM Student Loan Trust 2006-8), Indenture (SLM Funding LLC)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by lawApplicable Law.
Appears in 32 contracts
Samples: Indenture (Daimler Trucks Retail Trust 2024-1), Indenture (Daimler Trucks Retail Trust 2024-1), Indenture (Mercedes-Benz Auto Receivables Trust 2023-2)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 32 contracts
Samples: Indenture (Credit Acceptance Corp), Indenture (Credit Acceptance Corp), Credit Acceptance Corp
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Note Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 31 contracts
Samples: Indenture (USAA Auto Owner Trust 2008-1), Indenture (GS Auto Loan Trust 2005-1), Indenture (USAA Auto Owner Trust 2007-1)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or as required by law.
Appears in 29 contracts
Samples: Indenture (CNH Equipment Trust 2024-B), Indenture (CNH Equipment Trust 2024-B), Indenture (CNH Equipment Trust 2023-B)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes Bonds and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interest, interest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 29 contracts
Samples: Indenture (IMPAC CMB Trust Series 2005-5), Servicing Agreement (Impac CMB Trust Series 2005-8), Indenture (Imh Assets Corp Collateralized Asset Backed Bonds Ser 2004 3)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 27 contracts
Samples: Onyx Acceptance Owner Trust 2005-A, Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeCertificates, of all sums due and to become due thereon for principal and interest, interest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 26 contracts
Samples: Indenture (New Century Home Equity Loan Trust 2005-2), Indenture (New Century Home Equity Loan Trust 2005-3), Indenture (New Century Alternative Mortgage Loan Trust 2006-Alt1)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Registered Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 26 contracts
Samples: Indenture (Harley-Davidson Motorcycle Trust 2024-A), Indenture (Harley-Davidson Motorcycle Trust 2024-A), Indenture (Harley-Davidson Motorcycle Trust 2023-B)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal of and interest, interest on each Class of Notes; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 18 contracts
Samples: www.capitaliq.spglobal.com, www.capitaliq.spglobal.com, www.snl.com
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 18 contracts
Samples: Indenture (Mmca Auto Receivables Inc), Indenture (Mmca Auto Owner Trust 2000-2), Indenture (Mmca Auto Receivables Trust)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Trust Agreement or required by law.
Appears in 17 contracts
Samples: Indenture (Uacsc 2002-a Owner TRST Auto Receivable Back Nt), Indenture (Uacsc Auto Trusts Uacsc 1999-D Owner Trust Auto Rec Bac Note), Indenture (Uacsc 2001-C Owner Trust)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 17 contracts
Samples: Indenture (WFS Financial Auto Loans Inc), Indenture (WFS Financial Auto Loans Inc), Indenture (WFS Financial Auto Loans Inc)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Note Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 16 contracts
Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 13 contracts
Samples: Note Depository Agreement (Franklin Auto Trust 2003-2), Note Depository Agreement (Franklin Receivables Auto Trust 2003-1), Note Depository Agreement (Franklin Auto Trust 2004-2)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section Sections 3.3 and 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes Sale and this IndentureServicing Agreement, to the payment, either directly or through any Paying Agent, Agent to the Holders of the particular Notes and the Insurer for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 11 contracts
Samples: Chec Funding LLC, Indenture (HFC Revolving Corp Household Home Equity Loan Trust 2002 4), Indenture (Bond Securitization LLC)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section Sections 4.1 and 4.2 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Note Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 11 contracts
Samples: Indenture (Ford Credit Auto Receivables Two L P), Indenture (Ford Credit Auto Receivables Two L P), Indenture (Ford Credit Auto Receivables Two L P)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 9 contracts
Samples: Indenture (Wells Fargo Auto Receivables Corp), Ace Securities Corp Rv & Marine Trust 2001-Rv1, Amsouth Auto Corp Inc
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by lawApplicable Law.
Appears in 9 contracts
Samples: California Republic (California Republic Auto Receivables Trust 2018-1), California Republic (California Republic Auto Receivables Trust 2018-1), California Republic (California Republic Auto Receivables Trust 2017-1)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.06 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Trustee may determine, to the Holders of the Notes for the payment or redemption of for which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 8 contracts
Samples: Indenture (Hercules Capital, Inc.), Indenture (Horizon Technology Finance Corp), Indenture (Horizon Technology Finance Corp)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 7 contracts
Samples: Indenture (Pooled Auto Securities Shelf LLC), Wachovia Auto Owner Trust 2005-B, Wachovia Auto Owner Trust 2004-B
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interest, interest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 7 contracts
Samples: Indenture (Homebanc Corp), Indenture (Homebanc Corp), Indenture (Structured Asset Mortgage Investments II Inc., HomeBanc Mortgage Trust 2004-2)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section Sections 3.3 and 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes Sale and this IndentureServicing Agreement, to the payment, either directly or through any Paying Agent, Agent to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 5 contracts
Samples: Indenture (Household Mortgage Loan Trust 2003-Hc1), HFC Revolving Corp Household Home Equity Loan Trust 2003 2, Compass Asset Acceptance Co
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 5 contracts
Samples: Indenture (Daimler Retail Receivables LLC), Indenture (Mercedes-Benz Auto Receivables Trust 2011-1), Indenture (Mercedes-Benz Auto Receivables Trust 2009-1)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 4 contracts
Samples: Indenture (Green Tree Financial Corp), Indenture (Green Tree Financial Corp), Execution Copy (Olympic Financial LTD)
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale Transfer and Servicing Agreement or required by law.
Appears in 4 contracts
Samples: Master Indenture (Crestar Securitization LLC), Indenture (Crestar Bank /Va), PNC Student Loan Trust I
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as Servicer may direct, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 3 contracts
Samples: Indenture (M&i Auto Loan Trust 2002-1), Amsouth Auto Receivables LLC, Bond Securitization LLC
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Note Paying Agent, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and 201_-[__] Servicing Agreement or required by lawApplicable Law.
Appears in 3 contracts
Samples: Indenture, (Daimler Trust), $_____________________ (Daimler Trust), Daimler Trust
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trustee, it in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by applicable law.
Appears in 3 contracts
Samples: Exhibit 99 (First Security Auto Owner Trust 1999 1), First Security Bank Na, First Security Auto Owner Trust 1998-1
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.. SECTION 4.4
Appears in 3 contracts
Samples: Mmca Auto Receivables Inc, Daimler Benz Vehicle Receivables Corp, Mmca Auto Receivables Inc
Application of Trust Money. All monies deposited with -------------------------- the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any the Note Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 3 contracts
Samples: TFC Enterprises Inc, TFC Enterprises Inc, TFC Enterprises Inc
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trustee, it in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 2 contracts
Samples: Nissan Auto Receivables 2024-a Owner Trust, Nissan Auto Receivables 2024-a Owner Trust
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying AgentAgent of the Issuer, or Certificate Paying Agent as designee of the Issuer and the Insurer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeSecurityholders, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 2 contracts
Samples: Master Agreement (Home Equity Mortgage Trust 2006-2), Home Equity Mortgage Trust 2007-1
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 2 contracts
Samples: Indenture (Cit Group Securitization Corp Ii), Indenture (Cit Group Securitization Corp Ii)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section Section 4.1 shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 2 contracts
Samples: Indenture (CarMax Auto Owner Trust 2012-2), Indenture (CarMax Auto Owner Trust 2012-1)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 this Article shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Note Paying Agent, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and 2024-A Servicing Agreement or required by lawApplicable Law.
Appears in 2 contracts
Samples: Indenture (Mercedes-Benz Auto Lease Trust 2024-A), Indenture (Mercedes-Benz Auto Lease Trust 2024-A)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as Indenture Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 2 contracts
Samples: Satisfaction and Discharge of Indenture (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Wells Fargo Financial Auto Owner Trust 2005-A
Application of Trust Money. All monies deposited with the -------------------------- Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 2 contracts
Samples: Indenture (Pooled Auto Securities Shelf LLC), Pooled Auto Securities Shelf LLC
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, to as the Indenture Trustee may determine, the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but ; provided such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 1 contract
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any the Note Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 1 contract
Samples: TFC Enterprises Inc
Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section Sections 3.3 and 4.1 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes Sale and this IndentureServicing Agreement, to the payment, either directly or through any Paying Agent, Agent to the Holders of the particular Class A Notes and the Insurer for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 1 contract
Application of Trust Money. All monies moneys deposited with the Indenture -------------------------- Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Trustee may determine, to the Holders of the particular Notes for the payment or redemption of which such monies moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 1 contract
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Certificate Paying Agent as designee of the Issuer or the Insurer, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interest, interest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 1 contract
Samples: Trust Agreement (American Home Mortgage Investment Trust 2005-4)
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Trustee may determine, to the Holders of the Notes related Noteholders for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 1 contract
Samples: Fleetwood Credit Receivables Corp
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 shall be held in trust and applied by the Indenture Trusteeit, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, ; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Assignment Agreement or required by law.
Appears in 1 contract
Samples: Onyx Acceptance Corp
Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.1 shall be held in trust and applied by the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Holders of the Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest, but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.
Appears in 1 contract
Samples: Carmax Auto Receivables LLC