Common use of Certificate Account and Special Payments Account Clause in Contracts

Certificate Account and Special Payments Account. (a) The Pass Through Trustee shall establish and maintain on behalf of the Certificateholders the Certificate Account as one or more accounts, which shall be non-interest bearing accounts. The Pass Through Trustee shall hold the Certificate Account in trust for the benefit of the Certificateholders, and shall make or permit withdrawals therefrom only as provided in this Pass Through Trust Agreement. On each day when a Scheduled Payment is made under the Indenture or an Equipment Trust Agreement to the Pass Through Trustee, as holder of either the Equipment Notes or the ETCs issued under the Indenture or such Equipment Trust Agreement, as the case may be, the Pass Through Trustee upon receipt shall immediately deposit the aggregate amount of such Scheduled Payment in the Certificate Account.

Certificate Account and Special Payments Account. (a) The Pass Through Trustee shall establish and maintain on behalf of the Certificateholders the Certificate Account as one or more accounts, which shall be non-interest bearing accounts. The Pass Through Trustee shall hold the Certificate Account in trust for the benefit of the Certificateholders, and shall make or permit withdrawals therefrom only as provided in this Pass Through Trust Agreement. On each day when a Scheduled Payment is made under the Indenture [or an Equipment Trust Agreement Agreement] to the Pass Through Trustee, as holder of either [either] the Equipment Notes [or the ETCs ETCs] issued under the Indenture [or such Equipment Trust Agreement, as the case may be, ,] the Pass Through Trustee upon receipt shall immediately deposit the aggregate amount of such Scheduled Payment in the Certificate Account.