Application of Series Allocable Principal Collections. On each Business Day, the Master Trust Trustee, acting in accordance with instructions from the Servicer, shall withdraw Series Allocable Principal Collections for such Business Day from the Collections Account and apply such funds in the following amounts:
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Navistar Financial Corp), Pooling and Servicing Agreement (Navistar Financial Dealer Note Master Trust), Pooling and Servicing Agreement (Navistar Financial Dealer Note Master Trust)
Application of Series Allocable Principal Collections. (i) On each Business Day, the Master Trust Trustee, acting in accordance with instructions from the Servicer, shall withdraw Series Allocable Principal Collections for such Business Day from the Collections Account and apply allocate to the Deposit Account to the extent required Noteholder Available Principal Amounts for such funds Business Day. Such Noteholder Available Principal Amounts shall be further allocated and distributed to each series of Notes in accordance with the following amounts:Indenture and each Indenture Supplement related to a series of Notes.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Navistar Financial Dealer Note Master Trust)
Application of Series Allocable Principal Collections. (i) On each Business Day, the Master Trust Trustee, acting in accordance with written instructions from the Servicer, shall withdraw Series Allocable Principal Collections for such Business Day from the Collections Account and apply allocate to the Deposit Account to the extent required Noteholder Available Principal Amounts for such funds Business Day. Such Noteholder Available Principal Amounts shall be further allocated and distributed to each series of Notes in accordance with the following amounts:Indenture and each Indenture Supplement related to a series of Notes.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Navistar International Corp)
Application of Series Allocable Principal Collections. On ----------------------------------------------------- each Business Day, the Master Trust Trustee, acting in accordance with instructions from the Servicer, shall withdraw Series Allocable Principal Collections for such Business Day from the Collections Account and apply such funds in the following amounts:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Navistar Financial Securities Corp)
