Common use of Application of Funds in Certificate Distribution Account Clause in Contracts

Application of Funds in Certificate Distribution Account. On each Payment Date, the Owner Trustee will, or will cause the Certificate Paying Agent to, based on the information contained in the Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, as of the related Record Date all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Payment Date based upon each Certificateholder's Certificate Percentage Interest:

Application of Funds in Certificate Distribution Account. (a) On each Payment Date, the Owner Trustee will, or will cause the Certificate Paying Agent to, based on the information contained in the Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, as to the extent of the related Record Date all funds available, amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Payment Date based upon each Certificateholder's Certificate Percentage Interestin the following order of priority:

Application of Funds in Certificate Distribution Account. (a) On each Payment Date, the Owner Trustee will, or will cause the Certificate Paying Agent to, based on the information contained in the Monthly Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 2.10 of the Sale Servicing Agreement and Servicing AgreementSection 5.05(c) of the Indenture, distribute to Certificateholders, as of the related Record Date all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Payment Date based upon each Certificateholder's Certificate Percentage Interest:to

Application of Funds in Certificate Distribution Account. a. On each Payment Date, the Owner Trustee will, or will cause the Certificate Paying Agent to, based on the information contained in the Servicer's Report delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute to Certificateholders, as of the related Record Date all amounts deposited in the Certificate Distribution Account pursuant to the Sale and Servicing Agreement on such Payment Date based upon each Certificateholder's Certificate Percentage Interest:

Application of Funds in Certificate Distribution Account. (a) -------------------------------------------------------- On each Payment Distribution Date, the Owner Trustee will, or will cause the Certificate Paying Agent to, based on the information contained in the Servicer's Report Certificate delivered on the related Determination Date pursuant to Section 4.9 of the Sale and Servicing Agreement, distribute pro rata to CertificateholdersCertificateholders based on their Percentage Interests, as to the extent of the related Record Date all funds available, amounts deposited in the Certificate Distribution Account pursuant to Sections 5.6(a) of the Sale and Servicing Agreement on such Payment Date based upon each Certificateholder's Certificate Percentage Interest:Distribution Date.