Common use of Accounts Distributions Clause in Contracts

Accounts Distributions. On or prior to the Closing Date, the Indenture Trustee shall establish and maintain or cause to be established and maintained, in the name of the Indenture Trustee for the benefit of the Noteholders, and the Insurer, the Principal and Interest Account as provided in Article III of the Sale and Servicing Agreement and the Distribution Account and the Cross-Collateralization Reserve Accounts as provided Article V of the Sale and Servicing Agreement, into which amounts shall be deposited in accordance with the terms of the Sale and Servicing Agreement.

Accounts Distributions. On or prior to the Closing Date, the Indenture Trustee shall establish and maintain or cause to be established and maintained, in the name of the Indenture Trustee for the benefit of the Noteholders, Noteholders and the InsurerTransferor, the Principal and Interest Collection Account as provided in Article III of the Sale and Servicing Agreement and the Distribution Account and the Cross-Collateralization Reserve Accounts as provided Article V of the Sale and Servicing Agreement, Agreement into which amounts shall be deposited in accordance with the terms of the Sale and Servicing Agreement.

Accounts Distributions. On or prior to the Closing Date, the Indenture Trustee shall establish and maintain or cause to be established and maintained, in the name of the Indenture Trustee for the benefit of the Noteholders, the Transferor and the Insurer, the Principal and Interest Collection Account as provided in Article III of the Sale and Servicing Agreement and the Distribution Account and the Cross-Collateralization Reserve Accounts as provided Article V of the Sale and Servicing Agreement, Agreement into which amounts shall be deposited in accordance with the terms of the Sale and Servicing Agreement.