Common use of Accumulation Account; Supplemental Interest Account Clause in Contracts

Accumulation Account; Supplemental Interest Account. (a) If, on any Distribution Date, principal would be payable to the Reset Rate Notes which are then bearing interest at a fixed rate (including without limitation during the initial Reset Period), that principal (subject to sufficient Available Funds therefor) will be allocated to the Reset Rate Notes and deposited into the Accumulation Account, where it will remain until the next Reset Date (except that if the Reset Rate Notes are in Foreign Exchange Mode, principal will be paid according to the provisions of Sections 10(a)(i) and (a)(ii) above), unless an Event of Default under the Indenture or a sale of the Trust Estate pursuant to Section 6.1 of the Administration Agreement has occurred (in which case the Indenture Trustee will distribute all sums on deposit therein (exclusive of Investment Earnings) to the Reset Rate Noteholders in accordance with the provisions of Section 5.4(b) of the Indenture or Section 6.1 of the Administration Agreement, as applicable).

Accumulation Account; Supplemental Interest Account. (a) If, on any Distribution Date, principal would be payable to the Reset Rate Notes which when they are then bearing interest at structured not to receive a fixed rate (including without limitation during payment of principal until the initial end of the Reset Period), that principal (subject to sufficient Available Funds therefor) will be allocated to the Reset Rate Notes and deposited into the Accumulation Account, where it will remain until the next Reset Date (except that if the Reset Rate Notes are in Foreign Exchange Mode, principal will be paid according to the provisions of Sections 10(a)(i) and (a)(ii) above), unless an Event of Default under the Indenture or a sale of the Trust Estate pursuant to Section 6.1 of the Administration Agreement has occurred (in which case the Indenture Trustee will distribute all sums on deposit therein (exclusive of Investment Earnings) to the Reset Rate Noteholders in accordance with the provisions of Section 5.4(b) of the Indenture or Section 6.1 of the Administration Agreement, as applicable).