Common use of Deposit Account Clause in Contracts

Deposit Account. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement.

Appears in 15 contracts

Samples: Indenture (Daimlerchrysler Services North America LLC), Indenture (Chrysler Financial Co LLC Premier Auto Trust 1999-3), Indenture (Daimlerchrysler Auto Trust 2001 B)

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Deposit Account. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement.5.01

Appears in 12 contracts

Samples: Indenture (DaimlerChrysler Auto Trust 2006-C), Indenture (Daimlerchrysler Auto Trust 2004-B), Indenture (Daimlerchrysler Auto Trust 2004-C)

Deposit Account. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the CertificateholdersSecured Parties, the Deposit Account Account, as provided in Section 5.01 of the Sale and Servicing Agreement. The Note Principal Distribution Account and the Reserve Account will be part of the Deposit Account.

Appears in 3 contracts

Samples: Indenture (Chrysler Financial Auto Securitization Trust 2010-A), Indenture (Chrysler Financial Auto Securitization Trust 2009-B), Indenture (Chrysler Financial Auto Securitization Trust 2009-A)

Deposit Account. (a) On or prior to the Closing DateDate for a Serues, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the CertificateholdersCertificateholders of such Series, the Deposit Account for such Series as provided in Section 5.01 of the related Sale and Servicing Agreement.

Appears in 2 contracts

Samples: Daimlerchrysler Services North America LLC, Daimlerchrysler Services North America LLC

Deposit Account. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the CertificateholdersSecured Parties, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement. The Note Principal Distribution Account and the Reserve Account shall be part of the Deposit Account.

Appears in 2 contracts

Samples: Indenture (Daimlerchrysler Auto Trust 2008-B), Indenture (DaimlerChrysler Auto Trust 2007-A)

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Deposit Account. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement.the

Appears in 1 contract

Samples: Indenture (DaimlerChrysler Financial Services Americas LLC)

Deposit Account. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintainmaintain with the Indenture Trustee, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement.

Appears in 1 contract

Samples: Daimlerchrysler Auto Trust 2003-B

Deposit Account. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the CertificateholdersSecured Parties, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement. The Note Principal Distribution Account and the Reserve Account shall be named subaccounts of the Deposit Account.

Appears in 1 contract

Samples: Daimlerchrysler Auto Trust 2008-A

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