Common use of Additional Deposits to Collection Account and Withdrawals from Reserve Account Clause in Contracts

Additional Deposits to Collection Account and Withdrawals from Reserve Account. (a) The Servicer shall deposit in the Collection Account the aggregate Advances pursuant to Sections 4.4(a) and (b) and the aggregate advances pursuant to Section 4.4(c). The Servicer and the Seller shall deposit in the Collection Account the aggregate Purchase Amounts with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 9. 1. All such deposits with respect to a Collection Period shall be made, in immediately available funds, on the Business Day preceding the Distribution Date (or, with the prior consent of the Rating Agencies, on the Distribution Date) related to such Collection Period. (b) The Indenture Trustee shall, on the Distribution Date relating to each Collection Period, make withdrawals from the Reserve Account (i) first, in an amount equal to the Reserve Account Release Amount, (ii) second, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the second sentence of Section 4.6(b), (iii) third, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the third sentence of Section 4.6(b) and (iv) fourth, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the fourth sentence of Section 4.6(b), and, in each case, shall deposit such funds into the Collection Account.

Additional Deposits to Collection Account and Withdrawals from Reserve Account. (a) The Servicer shall deposit in the Collection Account the aggregate Advances pursuant to Sections 4.4(a) and (b) and the aggregate advances pursuant to Section 4.4(c). The Servicer and the Seller shall deposit in the Collection Account the aggregate Purchase Amounts with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 9. 1. All such deposits with respect to a Collection Period shall be made, in immediately available funds, on the Business Day preceding the Distribution Date (or, with the prior consent of the Rating Agencies, on the Distribution Date) related to such Collection Period. (b) The Indenture Trustee shall, on the Distribution Date relating to each Collection Period, make withdrawals from the Reserve Account (i) first, in an amount equal to the Reserve Account Release Amount, (ii) second, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the second sentence of Section 4.6(b), (iii) third, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the third sentence of Section 4.6(b) and (iv) fourth, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the fourth sentence of Section 4.6(b), and, in each case, shall deposit such funds into the Collection Account.