Series Account Sample Clauses

Series Account. The Issuer shall establish on the Closing Date and maintain, so long as any Series 2009-1 Note is Outstanding, an Eligible Account in the name of the Issuer with the Indenture Trustee which shall be designated as the Series 2009-1 Series Account, which account shall be pledged to the Indenture Trustee pursuant to the Indenture for the benefit of the Series 2009-1 Noteholders and any Hedge Counterparty. The Series 2009-1 Series Account shall only be relocated to another financial institution in accordance with the express provisions of Section 303(d) of the Indenture. All deposits of funds by, or for the benefit of, the Series 2009-1 Noteholders from the Trust Account and the Restricted Cash Account, shall be accumulated in, and withdrawn from, the Series 2009-1 Series Account in accordance with the provisions of the Indenture and this Supplement.
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Series Account. The Issuer shall establish on the 2011-1 Closing Date and maintain, so long as any Series 2011-1 Note is Outstanding, an Eligible Account in the name of the Issuer with the Indenture Trustee which shall be designated as the Series 2011-1 Series Account, which account shall be pledged to the Indenture Trustee for the benefit of the Series 2011-1 Noteholders pursuant to the Indenture and this Supplement. All deposits of funds by or for the benefit of the Series 2011-1 Noteholders from the Trust Account and the Restricted Cash Account, shall be accumulated in, and withdrawn from, the Series 2011-1 Series Account in accordance with the provisions of the Indenture and this Supplement.
Series Account. On each Payment Date, the Indenture Trustee shall distribute funds then on deposit in the Series 2005-1 Series Account in accordance with the provisions of one of subsection (I), (II) and (III) of this Section 302.
Series Account. Section III.01.
Series Account. The Issuer shall establish on the 2006-1 Closing Date and maintain, so long as any Series 2006-1 Note is Outstanding, an Eligible Account in the name of the Issuer with the Indenture Trustee which shall be designated as the Series 2006-1 Series Account, which account shall be pledged to the Indenture Trustee for the benefit of the Series 2006-1 Noteholders and the Series Enhancer pursuant to the Indenture and this Supplement. All deposits of funds by or for the benefit of the Series 2006-1 Noteholders from the Trust Account, the Restricted Cash Account and the Temporary Loss Account, shall be accumulated in, and withdrawn from, the Series 2006-1 Series Account in accordance with the provisions of the Indenture and this Supplement.
Series Account. On each Payment Date (to the extent sufficient cleared and immediately available funds are available in the 2021-1 Series Account), the Indenture Trustee, as specified in the related Payment Date Schedule with respect to the Flow of Funds, shall distribute funds then on deposit in the 2021-1 Series Account to the Series 2021-1 Holders in accordance with Section 3.11 of the Master Indenture.
Series Account. The Issuer has established and will maintain, so long as any Series 2012-1 Note is Outstanding, an Eligible Account with the Indenture Trustee which shall be designated as the Series 2012-1 Series Account, which account shall be held by the Indenture Trustee for the benefit of the Series 2012-1 Noteholders. All deposits of funds by or for the benefit of the Series 2012-1 Noteholders from the Trust Account and the Restricted Cash Account shall be accumulated in, and withdrawn from, the Series 2012-1 Series Account in accordance with the provisions of the Indenture and this Supplement. To secure the payment of the Outstanding Obligations under the Series 2012-1 Notes, the Issuer hereby confirms its grant to the Indenture Trustee, for the benefit of the Series 2012-1 Noteholders, of a security interest in the Series 2012-1 Series Account, all cash and Eligible Investments on deposit therein, all securities entitlement credited thereto, and income and proceeds of the foregoing.
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Series Account. On each Payment Date, the Indenture Trustee shall (based on the Manager Report or, if no Manager Report is delivered, based on the written instructions from the Administrative Agent) distribute funds then on deposit in the Series 2012-1 Series Account in accordance with the provisions of Section 303(a), (b) or (c), in each case, subject to Section 211:
Series Account. The Indenture Trustee shall establish on or prior to the Closing Date and maintain, so long as any Series 2013-1 Note is Outstanding, an Eligible Account which shall be designated as the Series 2013-1 Series Account, which account shall be held in the name of the Indenture Trustee (and with respect to any investments in such account, in its capacity as Securities Intermediary of the Indenture Trustee) for the benefit of the Series 2013-1 Noteholders, pursuant to the Indenture and this Supplement. In furtherance of the Grant set forth in the Indenture, the Issuer hereby Grants to the Indenture Trustee for the benefit of the Series 2013-1 Noteholders, among other things, a Lien on the Series 2013-1 Series Account. All deposits of funds by or for the benefit of the Series 2013-1 Noteholders from the Trust Account, each Pre-Funding Account and the Restricted Cash Account shall be accumulated in, and withdrawn from, the Series 2013-1 Series Account in accordance with the provisions of the Indenture and this Supplement.
Series Account. The Issuer shall establish on the Closing Date and maintain in the name of the Indenture Trustee, so long as any Series 2001-1 Note is Outstanding, an Eligible Account at Wellx Xxxgo Bank Minnesota, National Association which shall be designated as the Series 2001-1 Series Account, which account shall be held by the Indenture Trustee for the benefit of the Series 2001-1 Noteholders pursuant to the Indenture and this Supplement. All deposits of funds by or for the benefit of the Series 2001-1 Noteholders from the Trust Account shall be accumulated in, and withdrawn from, the Series 2001-1 Series Account in accordance with the provisions of the Indenture and this Supplement. Section 302. Distributions from Series 2001-1 Series Account . On each Payment Date, the Indenture Trustee shall distribute funds then on deposit in the Series 2001-1 Series Account in accordance with the priorities set forth below:
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