Note Distribution Account. (a) On each Payment Date, the Trustee shall distribute all amounts on deposit in the Note Distribution Account to Noteholders in respect of the Notes to the extent of amounts due and unpaid on the Notes for principal and interest in the following amounts and in the following order of priority:
Appears in 8 contracts
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc), Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Note Distribution Account. (a) On each Payment Date, the Trustee shall distribute all amounts on deposit in the Note Distribution Account to the Noteholders in respect of the Notes to the extent of amounts due and unpaid on the Notes for principal and interest in the following amounts and in the following order of priority:
Appears in 6 contracts
Samples: Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc), Agreement (Consumer Portfolio Services Inc)
Note Distribution Account. (a) On each Payment Date, Date (based solely on the information contained in the Servicer's Certificate) the Indenture Trustee shall will distribute all amounts on deposit in the Note Distribution Account to Noteholders in respect of the Class A Notes to the extent of amounts due and unpaid on the Class A Notes for principal and interest in the following amounts and in the following order of priorityamounts:
Appears in 1 contract
