Common use of Application of Available Funds and Available Principal Collections Clause in Contracts

Application of Available Funds and Available Principal Collections. The Servicer shall apply, or shall cause the Trustee to apply, on each Distribution Date, Available Funds and Available Principal Collections on deposit in the Collection Account with respect to such Distribution Date to make the following distributions:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (National City Bank /), Pooling and Servicing Agreement (National City Credit Card Master Trust)

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Application of Available Funds and Available Principal Collections. The Servicer shall apply, or shall cause the Trustee to applyapply by written instruction to the Trustee substantially in the form of Exhibit B, on each Distribution Date, Available Funds and Available Principal Collections on deposit in the Collection Account with respect to such Distribution Date to make the following distributionsdistributions or applications:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC)

Application of Available Funds and Available Principal Collections. The Servicer shall apply, or shall cause the Trustee to applyapply by written instruction to the Trustee, on each Distribution Date, Available Funds and Available Principal Collections on deposit in the Collection Account with respect to such Distribution Date to make the following distributions:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Compucredit Corp), Pooling and Servicing Agreement (Compucredit Corp)

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Application of Available Funds and Available Principal Collections. The Servicer shall apply, or shall cause the Indenture Trustee to applyapply by written instruction to the Indenture Trustee pursuant to the Monthly Servicing Certificate, on each Distribution Date, Available Funds and Available Principal Collections on deposit in the Collection Account with respect to such Distribution Date to make the following distributions:

Appears in 1 contract

Samples: Master Indenture (Atlanticus Holdings Corp)

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