Common use of Allocations for Investor Noteholders Clause in Contracts

Allocations for Investor Noteholders. On each Deposit Date, the Issuer shall allocate Collections deposited into the Collection Account in accordance with this Article 5 and shall instruct the Indenture Trustee to withdraw the required amounts from the Collection Account and make the required deposits in any Series Account in accordance with this Article 5, as modified by any Indenture Supplement. The Issuer shall make such deposits or payments on the date indicated therein in immediately available funds or as otherwise provided in the Indenture Supplement for any Series with respect to such Series. The Administrator, on behalf of the Issuer, has agreed to furnish to the Indenture Trustee or the Paying Agent, as applicable, written instructions to make the aforementioned withdrawals and payments from the Collection Account and any Issuer Accounts specified herein or in an Indenture Supplement. The Indenture Trustee and the Paying Agent shall promptly follow any such written instructions.