Common use of Capitalized Interest Account Clause in Contracts

Capitalized Interest Account. (a) On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account. (b) In the event that the Available Funds, through the December 15, 2006 Distribution Date, are insufficient to make the payments described under Sections 2.8(b) and 2.8(c) above (or Section 2.8(b) if a Class B Interest Subordination Condition is in effect) on any Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account on each Distribution Date an amount equal to such deficiency, and to distribute such amounts in the same order and priority as is set forth in Sections 2.8(a) through 2.8(c) above (or Section 2.8(a), (b) and (e) if a Class B Interest Subordination Condition is in effect). (c) On the December 15, 2006 Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account any amounts remaining on deposit in the Capitalized Interest Account and deposit such amounts into the Collection Account.

Capitalized Interest Account. (a) On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account. (b) In the event that the Available Funds, through the December 15, 2006 March 2008 Distribution Date, are insufficient to make the payments described under Sections 2.8(b) and 2.8(c) above (or Section 2.8(b) if a Class B Interest Subordination Condition is in effect) on any Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account on each Distribution Date an amount equal to such deficiency, and to distribute such amounts in the same order and priority as is set forth in Sections 2.8(a) through 2.8(c) above (or Section 2.8(a), (b) and (e) if a Class B Interest Subordination Condition is in effect). (c) On the December 15, 2006 March 2008 Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account any amounts remaining on deposit in the Capitalized Interest Account and deposit such amounts into the Collection Account.

Capitalized Interest Account. (a) On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account. (b) In the event that the Available Funds, through the December February 15, 2006 2007 Distribution Date, are insufficient to make the payments described under Sections 2.8(b) and 2.8(c) above (or Section 2.8(b) if a Class B Interest Subordination Condition is in effect) on any Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account on each Distribution Date an amount equal to such deficiency, and to distribute such amounts in the same order and priority as is set forth in Sections 2.8(a) through 2.8(c) above (or Section 2.8(a), (b) and (e) if a Class B Interest Subordination Condition is in effect). (c) On the December February 15, 2006 2007 Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account any amounts remaining on deposit in the Capitalized Interest Account and deposit such amounts into the Collection Account.

Capitalized Interest Account. (a) On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account. (b) In the event that the Available Funds, through the December 15, 2006 September 2007 Distribution Date, are insufficient to make the payments described under Sections 2.8(b) and 2.8(c) above (or Section 2.8(b) if a Class B Interest Subordination Condition is in effect) on any Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account on each Distribution Date an amount equal to such deficiency, and to distribute such amounts in the same order and priority as is set forth in Sections 2.8(a) through 2.8(c) above (or Section 2.8(a), (b) and (e) if a Class B Interest Subordination Condition is in effect). (c) On the December 15, 2006 September 2007 Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account any amounts remaining on deposit in the Capitalized Interest Account and deposit such amounts into the Collection Account.

Capitalized Interest Account. (a) On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account. (b) In the event that the Available Funds, through the December March 15, 2006 2007 Distribution Date, are insufficient to make the payments described under Sections 2.8(b) and 2.8(c) above (or Section 2.8(b) if a Class B Interest Subordination Condition is in effect) on any Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account on each Distribution Date an amount equal to such deficiency, and to distribute such amounts in the same order and priority as is set forth in Sections 2.8(a) through 2.8(c) above (or Section 2.8(a), (b) and (e) if a Class B Interest Subordination Condition is in effect). (c) On the December March 15, 2006 2007 Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account any amounts remaining on deposit in the Capitalized Interest Account and deposit such amounts into the Collection Account.

Capitalized Interest Account. (a) On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account. (b) In the event that the Available Funds, through the December 15, 2006 February 2007 Distribution Date, are insufficient to make the payments described under Sections 2.8(b2.8(a) and through 2.8(c) above (or Section 2.8(b2.8(a), (b) and (e) if a Class B Interest Subordination Condition is in effect) on any Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account on each Distribution Date an amount equal to such deficiency, and to distribute such amounts in the same order and priority as is set forth in Sections 2.8(a) through 2.8(c) above (or Section 2.8(a), (b) and (e) if a Class B Interest Subordination Condition is in effect). (c) On the December 15, 2006 February 2007 Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account any amounts remaining on deposit in the Capitalized Interest Account and deposit such amounts into the Collection Account.

Capitalized Interest Account. (a) On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account. (b) In the event that the Available Funds, through the December 15______, 2006 200__ Distribution Date, are insufficient to make the payments described under Sections 2.8(b) and 2.8(c) above (or Section 2.8(b) if a Class B Interest Subordination Condition is in effect) on any Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account on each Distribution Date an amount equal to such deficiency, and to distribute such amounts in the same order and priority as is set forth in Sections 2.8(a) through 2.8(c) above (or Section 2.8(a), (b) and (e) if a Class B Interest Subordination Condition is in effect). (c) On the December 15______, 2006 200__ Distribution Date, the Administrator shall instruct the Indenture Administrator in writing to withdraw from the Capitalized Interest Account any amounts remaining on deposit in the Capitalized Interest Account and deposit such amounts into the Collection Account.