Common use of Additional Deposits to the Clause in Contracts

Additional Deposits to the. Collection Account and Withdrawals from the Reserve Account. (a) The Servicer will deposit into the Collection Account the aggregate Advances pursuant to Sections 4.5(a), (b) and (c). The Servicer and the Seller will deposit into the Collection Account the aggregate Purchase Amounts with respect to Purchased Receivables and the Servicer will deposit into the Collection Account all amounts to be paid under Section 9. 1. All such deposits with respect to a Collection Period will be made, in immediately available funds, on the Business Day preceding the Payment Date (or, with Rating Agency Confirmation, on the Payment Date) related to such Collection Period. (b) The Indenture Trustee will, on the Payment 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 Section 4.5(d), (iii) third, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to Section 4.7(b)(ii), (iv) fourth, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the Section 4.7(b)(iii), and (v) fifth in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the Section 4.7(b)(iv), and, in each case, will deposit such funds in the Collection Account.

Additional Deposits to the. Collection Account and Withdrawals from the Reserve Account. (a) The Servicer will deposit into the Collection Account the aggregate Advances pursuant to Sections 4.5(a), (b) and (c). The Servicer and the Seller will deposit into in the Collection Account the aggregate Purchase Amounts with respect to Purchased Receivables and the Servicer will deposit into in the Collection Account all amounts to be paid under Section 9. 1. All such deposits with respect to a Collection Period will be made, in immediately available funds, on the Business Day preceding the Payment Date (or, with the prior consent of the Rating Agency ConfirmationAgencies, on the Payment Date) related to such Collection Period. (b) The Indenture Trustee will, on the Payment 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 Section 4.5(d), (iii) third, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to Section 4.7(b)(ii), (iv) fourth, in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the Section 4.7(b)(iii), and (v) fifth in an amount equal to the amount (if positive) calculated by the Servicer pursuant to the Section 4.7(b)(iv), and, in each case, will deposit such funds in the Collection Account.