Common use of Accumulations Account Clause in Contracts

Accumulations Account. (1) On each Reporting Day during the Revolving Period, the Trust shall apply the amounts deposited to the Accumulations Account pursuant to Section 4.1(1)(ii) by payment to the Seller on account of the purchase price of an additional undivided co-ownership interest in the Account Assets pursuant to Section 3.14 of the Pooling and Servicing Agreement.

Accumulations Account. (1) On each Reporting Day during the Revolving Period, the Trust shall apply the amounts deposited to the Accumulations Account pursuant to Section 4.1(1)(ii4.1(a)(1)(ii) by payment to the Seller on account of the purchase price of an additional undivided co-ownership interest in the Account Assets pursuant to Section 3.14 of the Pooling and Servicing Agreement.

Accumulations Account. (1a) On each Reporting Day during the Revolving Period, the Trust shall apply the amounts deposited to the Accumulations Account pursuant to Section 4.1(1)(ii) by payment to the Seller on account of the purchase price of an additional undivided co-ownership interest in the Account Assets pursuant to Section 3.14 of the Pooling and Servicing Agreement.

Accumulations Account. (1a) On each Reporting Day during the Revolving Period, the Trust shall apply the amounts deposited to the Accumulations Account pursuant to Section 4.1(1)(ii4.1(a)(ii) by payment to the Seller on account of the purchase price of an additional undivided co-ownership interest in the Account Assets pursuant to Section 3.14 of the Pooling and Servicing Agreement.