Common use of Cash Collateral Account Certificate; Disbursement and Payment Instructions Clause in Contracts

Cash Collateral Account Certificate; Disbursement and Payment Instructions. (a) On or prior to the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafter, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Trustee a certificate (the "Cash Collateral Account Certificate") setting forth the following information with respect to such Payment Date: (i) the Series 2000-1 Administrative Fee for the preceding Collection Period; (ii) the Required Payment; (iii) the Cash Collateral Amount on the Business Day preceding such Payment Date; and (iv) the Cash Collateral Required Draw Amount and the Cash Collateral Additional Draw Amount, if any. (b) On the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafter, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Trustee a certificate (the "Disbursement and Payment Instructions") including the following information with respect to such Payment Date, the related Collection Period and Series 2000-1: (i) the amount of interest accrued during the preceding Interest Accrual Period on the Subordinated Notes, the amounts payable with respect to such interest (net of amounts paid pursuant to Section 6.6 of the Program Operating Lease), and any resulting shortfall (separately stated); (ii) the amount of interest accrued during the preceding Interest Accrual Period on the Lease Trust Certificates, the amounts payable with respect to such interest, and any resulting shortfall (separately stated); (iii) the amount of the Monthly Pool Balance Decline; (iv) the amount of Monthly Payment Advances outstanding on the last day of the related Collection Period which the Administrative Agent has determined will not be reimbursed from Series 2000-1 Collections with respect to the related Series 2000-1 Lease; (v) the sum, with respect to each Series 2000-1 Leased Vehicle which was sold or otherwise disposed of by the Administrative Agent during the related Collection Period, of the excess, if any, of the Sale Proceeds Advances made with respect to such Series 2000-1 Leased Vehicle, over the Sale Proceeds or Auction Proceeds received with respect to such Series 2000-1 Leased Vehicle; (vi) the Series 2000-1 Administrative Fee for the related Collection Period; (vii) the amount, if any, to be distributed by the Lease Trustee to the Lease Trust Paying Agent for deposit to the Cash Collateral Account as payment of principal of the Subordinated Notes (after giving effect to the aggregate amounts required to be deposited to the Cash Collateral Account pursuant to Sections 5.3(g)(vi) on such Payment Date (net of amounts paid to the Lease Trust pursuant to Section 6.6 of the Program Operating Lease)), the amounts available to pay such principal and any resulting shortfall (separately stated); (viii) the amount, if any, to be distributed by the Lease Trustee to the Lease Trust Paying Agent for payment of principal on the Lease Trust Certificates, the amounts available to pay such principal and any resulting shortfall (separately stated); and (ix) the amount, if any, to be withdrawn from the Lease Trust Distribution Account on such Payment Date and paid to the RCL Trust 2000-1 on such Payment Date pursuant to Section 3.2(c) of the Program Operating Lease. (c) The Lease Trustee shall have no duty or obligation to verify or confirm the accuracy of any of the information or numbers set forth in any of the certificates required to be delivered to the Lease Trustee in accordance with this Section 5.2 and the Lease Trustee shall be fully protected in relying upon such certificates.

Cash Collateral Account Certificate; Disbursement and Payment Instructions. (a) On or prior to the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafterDate, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Trustee and the Lease Trust Paying Agent, a certificate (the "Cash Collateral Account Certificate") setting forth the following information with respect to such Payment Date: (i) the Series 20001996-1 Administrative Agent Fee for the preceding Collection Accrual Period; (ii) the Required Interest Payment; (iii) the Cash Collateral Amount on the Business Day preceding such Payment Date; and (iv) the Cash Collateral Required Draw Amount and the Cash Collateral Additional Draw Amount, if any. (b) On the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafterDate, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Trustee and the Lease Trust Paying Agent a certificate (the "Disbursement and Payment Instructions") including the following information with respect to such Payment Date, the related Collection Accrual Period and Series 20001996-1: (i) the Available Funds; (ii) the Certificate Distribution Draw Amount; (iii) the amount of interest accrued (including any overdue interest) on the Subordinated Notes during the preceding Interest Accrual Period Period, the amount of interest on any defaulted interest at the Subordinated NotesNote Interest Rate, the amounts payable with respect to such interest (net of amounts paid pursuant to Section 6.6 of the Program Operating Lease), and any resulting shortfall (separately stated); (iiiv) the amount of interest accrued (including any overdue interest) on the Lease Trust Certificates during the preceding Interest Accrual Period Period, the amount of interest on any defaulted interest at the Lease Trust CertificatesCertificate Rate, the amounts payable with respect to such interest, and any resulting shortfall (separately stated); (iii) the amount of the Monthly Pool Balance Decline; (iv) the amount of Monthly Payment Advances outstanding on the last day of the related Collection Period which the Administrative Agent has determined will not be reimbursed from Series 2000-1 Collections with respect to the related Series 2000-1 Lease; (v) the sum, with respect to each Series 20001996-1 Leased Vehicle which was sold or otherwise disposed of by the Administrative Agent during the related Collection Period, of the excess, if any, of the Sale Proceeds Advances made with respect to such Series 2000-1 Leased Vehicle, over the Sale Proceeds or Auction Proceeds received with respect to such Series 2000-1 Leased VehicleFee; (vi) the Series 2000-1 Administrative Fee amount, if any, to be distributed to the Lease Trust Paying Agent for payment of principal of the related Collection Period;Subordinated Notes (net of any amounts paid pursuant to Section 6.6 of the Program Operating Lease) in accordance with the terms thereof; and (vii) the amount, if any, to be distributed by deposited into the Certificate Distribution Account for payment in reduction of the Aggregate Certificate Balance of the Lease Trust Certificates in accordance with the terms thereof. (c) Neither the Lease Trustee to nor the Lease Trust Paying Agent for deposit to the Cash Collateral Account as payment of principal of the Subordinated Notes (after giving effect to the aggregate amounts required to be deposited to the Cash Collateral Account pursuant to Sections 5.3(g)(vi) on such Payment Date (net of amounts paid to the Lease Trust pursuant to Section 6.6 of the Program Operating Lease)), the amounts available to pay such principal and any resulting shortfall (separately stated); (viii) the amount, if any, to be distributed by the Lease Trustee to the Lease Trust Paying Agent for payment of principal on the Lease Trust Certificates, the amounts available to pay such principal and any resulting shortfall (separately stated); and (ix) the amount, if any, to be withdrawn from the Lease Trust Distribution Account on such Payment Date and paid to the RCL Trust 2000-1 on such Payment Date pursuant to Section 3.2(c) of the Program Operating Lease. (c) The Lease Trustee shall have no any duty or obligation to verify or confirm the accuracy of any of the information or numbers set forth in any of the certificates required to be delivered to the Lease Trustee Trust Paying Agent in accordance with this Section 5.2 2 and each of the Lease Trustee and the Lease Trustee Trust Paying Agent shall be fully protected in relying upon such certificates.

Cash Collateral Account Certificate; Disbursement and Payment Instructions. (a) On or prior to the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafterDate, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Indenture Trustee a certificate (the "Cash Collateral Account Certificate") setting forth the following information with respect to such Payment Date: (i) the Series 20001996-1 Administrative Fee for the preceding Collection Accrual Period; (ii) the Required Interest Payment; (iii) the Cash Collateral Amount on the Business Day preceding such Payment Date; and (iv) the Cash Collateral Required Draw Amount and the Cash Collateral Additional Draw Amount, if any. (b) On the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafter, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Indenture Trustee a certificate (the "Disbursement and Payment Instructions") including the following information with respect to such Payment Date, the related Collection Accrual Period and Series 20001996-1: (i) the amount of interest accrued during the preceding Interest Accrual Period on the Class A-1 Senior Notes and the Class A-2 Senior Notes, respectively, the amounts payable with respect to such interest, and any resulting shortfall with respect to each such Class (separately stated); (ii) the amount of interest accrued during the preceding Interest Accrual Period on the Subordinated Notes, the amounts payable with respect to such interest (net of amounts paid pursuant to Section 6.6 of the Program Operating Lease), and any resulting shortfall (separately stated); (iiiii) the amount of interest accrued during the preceding Interest Accrual Period on the Lease Trust Certificates, the amounts payable with respect to such interest, and any resulting shortfall (separately stated); (iii) the amount of the Monthly Pool Balance Decline; (iv) the amount of Monthly Payment Advances outstanding principal to be paid on the last day of Class A-1 Senior Notes and the related Collection Period which the Administrative Agent has determined will not be reimbursed from Series 2000-1 Collections with respect to the related Series 2000-1 LeaseClass A-2 Senior Notes, respectively (separately stated); (v) the sum, with respect to each Series 20001996-1 Leased Vehicle which was sold or otherwise disposed of by the Administrative Agent during the related Collection Period, of the excess, if any, of the Sale Proceeds Advances made with respect to such Series 2000-1 Leased Vehicle, over the Sale Proceeds or Auction Proceeds received with respect to such Series 2000-1 Leased Vehicle;Fee; and (vi) the Series 2000-1 Administrative Fee for the related Collection Period; (vii) the amount, if any, to be distributed by to the Lease Trustee to the Lease Trust Paying Agent for deposit to the Cash Collateral Account as payment of principal of the Subordinated Notes (after giving effect to the aggregate amounts required to be deposited to the Cash Collateral Account pursuant to Sections 5.3(g)(vi) on such Payment Date (net of amounts paid to the Lease Trust pursuant to Section 6.6 of the Program Operating Lease)), the amounts available to pay such principal ) and any resulting shortfall (separately stated); (viii) the amount, if any, to be distributed by the Lease Trustee to the Lease Trust Paying Agent for payment of principal on Certificates in accordance with the Lease Trust Certificates, the amounts available to pay such principal and any resulting shortfall (separately stated); and (ix) the amount, if any, to be withdrawn from the Lease Trust Distribution Account on such Payment Date and paid to the RCL Trust 2000-1 on such Payment Date pursuant to Section 3.2(c) of the Program Operating Leaseterms thereof. (c) The Lease Indenture Trustee shall have no duty or obligation to verify or confirm the accuracy of any of the information or numbers set forth in any of the certificates required to be delivered to the Lease Indenture Trustee in accordance with this Section 5.2 8.3 and the Lease Indenture Trustee shall be fully protected in relying upon such certificates.

Cash Collateral Account Certificate; Disbursement and Payment Instructions. (a) On or prior to the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on before the second Business Day preceding each Payment Date thereafterDate, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Indenture Trustee a certificate (the "Cash Collateral Account Certificate") setting forth the following information with respect to such Payment Date: (i) the Series 2000-1 Administrative Fee for the preceding Collection Period; (ii) the Required Payment; (iii) the Cash Collateral Amount on the Business Day preceding such Payment Date; and (iv) the Cash Collateral Required Draw Amount and the Cash Collateral Additional Draw Amount, if any. (b) On the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafterDate, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Indenture Trustee a certificate (the "Disbursement and Payment Instructions") including the following information with respect to such Payment Date, the related Collection Period and Series 2000-1: (i) the amount of interest accrued during the preceding Interest Accrual Period on the Senior Notes, the amounts payable with respect to such interest, and any resulting shortfall (separately stated); (ii) the amount of interest accrued during the preceding Interest Accrual Period on the Subordinated Notes, the amounts payable with respect to such interest (net of amounts paid pursuant to Section 6.6 of the Program Operating Lease), and any resulting shortfall (separately stated); (iiiii) the amount of interest accrued during the preceding Interest Accrual Period on the Lease Trust Certificates, the amounts payable with respect to such interest, and any resulting shortfall (separately stated); (iiiiv) the amount of the Monthly Pool Balance Decline, the Monthly Reinvestment Amount and the Excess Cash Amount (separately stated); (ivv) the amount of principal required to be paid on the Senior Notes, the amount to be paid with respect to such principal and any resulting shortfall (separately stated); (vi) the amount of Monthly Payment Advances outstanding on the last day of the related Collection Period which the Administrative Agent has determined will not be reimbursed from Series 2000-1 Collections with respect to the related Series 2000-1 Lease; (vvii) the sum, with respect to each Series 2000-1 Leased Vehicle which was sold or otherwise disposed of by the Administrative Agent during the related Collection Period, of the excess, if any, of the Sale Proceeds Advances Advance made with respect to such Series 2000-1 Leased Vehicle, over Vehicle and the Sale Proceeds or Auction Proceeds received with respect to such Series 2000-1 Leased Vehicle; (viviii) the Series 2000-1 Administrative Fee for the related Collection Period; (viiix) the amount, if any, to be distributed by to the Lease Trustee to the Lease Trust Paying Agent for deposit to the Cash Collateral Account as payment of principal of the Subordinated Notes (after giving effect to the aggregate amounts required to be deposited to the Cash Collateral Account pursuant to Sections 5.3(g)(vi) on such Payment Date (net of amounts paid to the Lease Trust pursuant to Section 6.6 of the Program Operating Lease)), the amounts available with respect to pay such principal and any resulting shortfall (separately stated); (viii) the amount, if any, to be distributed by the Lease Trustee to the Lease Trust Paying Agent for payment of principal on the Lease Trust Certificates, the amounts available to pay such principal and any resulting shortfall (separately stated); and (ixx) the amount, if any, to be withdrawn from distributed to the Lease Trustee for payment of principal of the Lease Trust Distribution Account on Certificates, the amounts available with respect to such Payment Date principal and paid to the RCL Trust 2000-1 on such Payment Date pursuant to Section 3.2(c) of the Program Operating Leaseany resulting shortfall (separately stated). (c) The Lease Indenture Trustee shall have no duty or obligation to verify or confirm the accuracy of any of the information or numbers set forth in any of the certificates required to be delivered to the Lease Indenture Trustee in accordance with this Section 5.2 8.3 and the Lease Indenture Trustee shall be fully protected in relying upon such certificates.

Cash Collateral Account Certificate; Disbursement and Payment Instructions. (a) On or prior to the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafterDate, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Trustee and the Lease Trust Paying Agent, a certificate (the "Cash Collateral Account Certificate") setting forth the following information with respect to such Payment Date: (i) the Series 20001996-1 Administrative Fee for the preceding Collection Accrual Period; (ii) the Required Interest Payment; (iii) the Cash Collateral Amount on the Business Day preceding such Payment Date; and (iv) the Cash Collateral Required Draw Amount and the Cash Collateral Additional Draw Amount, if any. (b) On the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafterDate, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Trustee and the Lease Trust Paying Agent a certificate (the "Disbursement and Payment Instructions") including the following information with respect to such Payment Date, the related Collection Accrual Period and Series 20001996-1: (i) the amount of interest accrued during the preceding Interest Accrual Period on the Subordinated Notes, the amounts payable with respect to such interest (net of amounts paid pursuant to Section 6.6 of the Program Operating Lease), and any resulting shortfall (separately stated)Available Funds; (ii) the amount of interest accrued during the preceding Interest Accrual Period on the Lease Trust Certificates, the amounts payable with respect to such interest, and any resulting shortfall (separately stated)Certificate Distribution Draw Amount; (iii) the amount of the Monthly Pool Balance Decline; (iv) the amount of Monthly Payment Advances outstanding interest accrued on the last day of the related Collection Period which the Administrative Agent has determined will not be reimbursed from Series 2000-1 Collections with respect to the related Series 2000-1 Lease; (v) the sum, with respect to each Series 2000-1 Leased Vehicle which was sold or otherwise disposed of by the Administrative Agent during the related Collection Period, of the excess, if any, of the Sale Proceeds Advances made with respect to such Series 2000-1 Leased Vehicle, over the Sale Proceeds or Auction Proceeds received with respect to such Series 2000-1 Leased Vehicle; (vi) the Series 2000-1 Administrative Fee for the related Collection Period; (vii) the amount, if any, to be distributed by the Lease Trustee to the Lease Trust Paying Agent for deposit to the Cash Collateral Account as payment of principal of the Subordinated Notes (after giving effect to during the aggregate amounts required to be deposited to the Cash Collateral Account pursuant to Sections 5.3(g)(vi) on such Payment Date (net of amounts paid to the Lease Trust pursuant to Section 6.6 of the Program Operating Lease)), the amounts available to pay such principal and any resulting shortfall (separately stated); (viii) the amount, if any, to be distributed by the Lease Trustee to the Lease Trust Paying Agent for payment of principal on the Lease Trust Certificates, the amounts available to pay such principal and any resulting shortfall (separately stated); and (ix) the amount, if any, to be withdrawn from the Lease Trust Distribution Account on such Payment Date and paid to the RCL Trust 2000-1 on such Payment Date pursuant to Section 3.2(c) of the Program Operating Lease. (c) The Lease Trustee shall have no duty or obligation to verify or confirm the accuracy of any of the information or numbers set forth in any of the certificates required to be delivered to the Lease Trustee in accordance with this Section 5.2 and the Lease Trustee shall be fully protected in relying upon such certificates.preceding Interest

Cash Collateral Account Certificate; Disbursement and Payment Instructions. (a) On or prior to the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafterDate, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Indenture Trustee a certificate (the "Cash Collateral Account Certificate") setting forth the following information with respect to such Payment Date: (i) the Series 20001996-1 Administrative Agent Fee for the preceding Collection Accrual Period; (ii) the Required Interest Payment; (iii) the Cash Collateral Amount on the Business Day preceding such Payment Date; and (iv) the Cash Collateral Required Draw Amount and the Cash Collateral Additional Draw Amount, if any. (b) On the second Business Day preceding the Payment Date on which the Outstanding Amount of the Senior Notes has been reduced to zero and on the second Business Day preceding each Payment Date thereafter, the Lease Trustee shall cause the Administrative Agent, on behalf of the Lease Trust, to deliver to the Lease Indenture Trustee a certificate (the "Disbursement and Payment Instructions") including the following information with respect to such Payment Date, the related Collection Accrual Period and Series 20001996-1: (i) the amount of interest accrued during the preceding Interest Accrual Period on the Class A-1 Senior Notes and the Class A-2 Senior Notes, respectively, the amounts payable with respect to such interest, and any resulting shortfall with respect to each such Class (separately stated); (ii) the amount of interest accrued during the preceding Interest Accrual Period on the Subordinated Notes, the amounts payable with respect to such interest (net of amounts paid pursuant to Section 6.6 of the Program Operating Lease), and any resulting shortfall (separately stated); (iiiii) the amount of interest accrued during the preceding Interest Accrual Period on the Lease Trust Certificates, the amounts payable with respect to such interest, and any resulting shortfall (separately stated); (iii) the amount of the Monthly Pool Balance Decline; (iv) the amount of Monthly Payment Advances outstanding principal to be paid on the last day of Class A-1 Senior Notes and the related Collection Period which the Administrative Agent has determined will not be reimbursed from Series 2000-1 Collections with respect to the related Series 2000-1 LeaseClass A-2 Senior Notes, respectively (separately stated); (v) the sum, with respect to each Series 20001996-1 Leased Vehicle which was sold or otherwise disposed of by the Administrative Agent during the related Collection Period, of the excess, if any, of the Sale Proceeds Advances made with respect to such Series 2000-1 Leased Vehicle, over the Sale Proceeds or Auction Proceeds received with respect to such Series 2000-1 Leased Vehicle;Fee; and (vi) the Series 2000-1 Administrative Fee for the related Collection Period; (vii) the amount, if any, to be distributed by to the Lease Trustee to the Lease Trust Paying Agent for deposit to the Cash Collateral Account as payment of principal of the Subordinated Notes (after giving effect to the aggregate amounts required to be deposited to the Cash Collateral Account pursuant to Sections 5.3(g)(vi) on such Payment Date (net of amounts paid to the and Lease Trust pursuant to Section 6.6 of Certificates in accordance with the Program Operating Lease)), the amounts available to pay such principal and any resulting shortfall (separately stated); (viii) the amount, if any, to be distributed by the Lease Trustee to the Lease Trust Paying Agent for payment of principal on the Lease Trust Certificates, the amounts available to pay such principal and any resulting shortfall (separately stated); and (ix) the amount, if any, to be withdrawn from the Lease Trust Distribution Account on such Payment Date and paid to the RCL Trust 2000-1 on such Payment Date pursuant to Section 3.2(c) of the Program Operating Leaseterms thereof. (c) The Lease Indenture Trustee shall have no duty or obligation to verify or confirm the accuracy of any of the information or numbers set forth in any of the certificates required to be delivered to the Lease Trustee in accordance with this Section 5.2 and the Lease Trustee shall be fully protected in relying upon such certificates.Indenture