Common use of Application of Interest Drawings Clause in Contracts

Application of Interest Drawings. Notwithstanding anything to the contrary contained in this Agreement, (i) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-1 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-1 Cash Collateral Account, and payable in each case to the Class A-1 Certificateholders or the Class A-1 Trustee, shall be promptly distributed to the Class A-1 Trustee, (ii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-2 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-2 Cash Collateral Account, and payable in each case to the Class A-2 Certificateholders or the Class A-2 Trustee, shall be promptly distributed to the Class A-2 Trustee, (iii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class B Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class B Cash Collateral Account, and payable in each case to the Class B Certificateholders or the Class B Trustee, shall be promptly distributed to the Class B Trustee, (iv) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-1 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-1 Cash Collateral Account, and payable in each case to the Class C-1 Certificateholders or the Class C-1 Trustee, shall be promptly distributed to the Class C-1 Trustee and (v) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-2 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-2 Cash Collateral Account, and payable in each case to the Class C-2 Certificateholders or the Class C-2 Trustee, shall be promptly distributed to the Class C-2 Trustee.

Application of Interest Drawings. Notwithstanding anything to the contrary contained in this Agreement, (i) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-1 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-1 Cash Collateral Account, and payable in each case to the Class A-1 Certificateholders or the Class A-1 Trustee, shall be promptly distributed to the Class A-1 Trustee, (ii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-2 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-2 Cash Collateral Account, and payable in each case to the Class A-2 Certificateholders or the Class A-2 Trustee, shall be promptly distributed to the Class A-2 Trustee, (iii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class B Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class B Cash Collateral Account, and payable in each case to the Class B Certificateholders or the Class B Trustee, shall be promptly distributed to the Class B Trustee, Trustee and (iv) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-1 C Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-1 C Cash Collateral Account, and payable in each case to the Class C-1 C Certificateholders or the Class C-1 C Trustee, shall be promptly distributed to the Class C-1 Trustee C Trustee. For the avoidance of doubt, Interest Drawings and Applied Provider Advances (vas defined in the Liquidity Facilities) all payments received by the Subordination Agent to be applied in respect of an Interest Drawing under the Class C-2 Liquidity Facility and all amounts withdrawn by payment of interest with respect to the Subordination Agent from the Class C-2 Cash Collateral Account, Certificates shall not include any amount of interest due and payable in each case to on the Class C-2 Certificateholders or the Class C-2 Trustee, shall be promptly distributed to the Class C-2 TrusteeDeposits.

Application of Interest Drawings. Notwithstanding anything to the contrary contained in this Agreement, (i) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-1 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-1 Cash Collateral Account, and payable in each case to the Class A-1 Certificateholders or the Class A-1 Trustee, shall be promptly distributed to the Class A-1 Trustee, (ii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-2 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-2 Cash Collateral Account, and payable in each case to the Class A-2 Certificateholders or the Class A-2 TrusteeCertificateholders, shall be promptly distributed to the Class A-2 Trustee, (iii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class B Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class B Cash Collateral Account, and payable in each case to the Class B Certificateholders or the Class B TrusteeCertificateholders, shall be promptly distributed to the Class B Trustee, Trustee and (iv) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-1 C Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-1 C Cash Collateral Account, and payable in each case to the Class C-1 Certificateholders or the Class C-1 TrusteeC Certificateholders, shall be promptly distributed to the Class C-1 Trustee and (v) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-2 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-2 Cash Collateral Account, and payable in each case to the Class C-2 Certificateholders or the Class C-2 Trustee, shall be promptly distributed to the Class C-2 C Trustee.

Application of Interest Drawings. Notwithstanding anything to the contrary contained in this Agreement, (i) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-1 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-1 Cash Collateral Account, and payable in each case to the Class A-1 Certificateholders or the Class A-1 TrusteeCertificateholders, shall be promptly distributed to the Class A-1 Trustee, (ii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-2 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-2 Cash Collateral Account, and payable in each case to the Class A-2 Certificateholders or the Class A-2 TrusteeCertificateholders, shall be promptly distributed to the Class A-2 Trustee, (iii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class B Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class B Cash Collateral Account, and payable in each case to the Class B Certificateholders or the Class B TrusteeCertificateholders, shall be promptly distributed to the Class B Trustee, and (iv) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-1 C Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-1 C Cash Collateral Account, and payable in each case to the Class C-1 Certificateholders or the Class C-1 TrusteeC Certificateholders, shall be promptly distributed to the Class C-1 Trustee C Trustee. For the avoidance of doubt, Interest Drawings and Applied Provider Advances (vas defined in the Liquidity Facilities) all payments received by the Subordination Agent to be applied in respect of an Interest Drawing under the Class C-2 Liquidity Facility and all amounts withdrawn by payment of interest with respect to the Subordination Agent from the Class C-2 Cash Collateral Account, Certificates shall not include any amount of interest due and payable in each case to on the Class C-2 Certificateholders or the Class C-2 Trustee, shall be promptly distributed to the Class C-2 TrusteeDeposits.

Application of Interest Drawings. Notwithstanding anything to -------------------------------- the contrary contained in this Agreement, (i) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-1 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-1 Cash Collateral Account, and payable in each case to the Class A-1 Certificateholders or the Class A-1 TrusteeCertificateholders, shall be promptly distributed to the Class A-1 Trustee, (ii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-2 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-2 Cash Collateral Account, and payable in each case to the Class A-2 Certificateholders or the Class A-2 TrusteeCertificateholders, shall be promptly distributed to the Class A-2 Trustee, (iii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-3 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-3 Cash Collateral Account, and payable in each case to the Class A-3 Certificateholders, shall be promptly distributed to the Class A-3 Trustee, (iv) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class B Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class B Cash Collateral Account, and payable in each case to the Class B Certificateholders or the Class B TrusteeCertificateholders, shall be promptly distributed to the Class B Trustee, (iv) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-1 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-1 Cash Collateral Account, and payable in each case to the Class C-1 Certificateholders or the Class C-1 Trustee, shall be promptly distributed to the Class C-1 Trustee and (v) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-2 C Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-2 C Cash Collateral Account, and payable in each case to the Class C-2 Certificateholders or the Class C-2 TrusteeC Certificateholders, shall be promptly distributed to the Class C-2 C Trustee.

Application of Interest Drawings. Notwithstanding anything to the contrary contained in this Agreement, (i) all payments received by the Subordination Agent in [2000-2 Intercreditor Agreement] respect of an Interest Drawing under the Class A-1 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-1 Cash Collateral Account, and payable in each case to the Class A-1 Certificateholders or the Class A-1 TrusteeCertificateholders, shall be promptly distributed to the Class A-1 Trustee, (ii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class A-2 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class A-2 Cash Collateral Account, and payable in each case to the Class A-2 Certificateholders or the Class A-2 TrusteeCertificateholders, shall be promptly distributed to the Class A-2 Trustee, (iii) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class B Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class B Cash Collateral Account, and payable in each case to the Class B Certificateholders or the Class B TrusteeCertificateholders, shall be promptly distributed to the Class B Trustee, and (iv) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-1 C Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-1 C Cash Collateral Account, and payable in each case to the Class C-1 Certificateholders or the Class C-1 TrusteeC Certificateholders, shall be promptly distributed to the Class C-1 Trustee and (v) all payments received by the Subordination Agent in respect of an Interest Drawing under the Class C-2 Liquidity Facility and all amounts withdrawn by the Subordination Agent from the Class C-2 Cash Collateral Account, and payable in each case to the Class C-2 Certificateholders or the Class C-2 Trustee, shall be promptly distributed to the Class C-2 C Trustee.