Common use of Deposited Amounts During Pre-Liquidation Reserve, Liquidation and Amortization Periods Clause in Contracts

Deposited Amounts During Pre-Liquidation Reserve, Liquidation and Amortization Periods. (1) In respect of each Determination Period during the Pre-Liquidation Reserve Period, the Servicer shall deposit into the Series 2020-1 Liquidation Yield Reserve Account for the Series 2020-1 Ownership Interest, in accordance with and subject to the provisions of the Distribution Notice and the terms hereof, the applicable Required Yield Reserve Deposit Amount. Subject to withdrawals in accordance with Sections 7.8(5) and 7.8(6), amounts deposited into the Series 2020-1 Liquidation Yield Reserve Account for the Series 2020-1 Ownership Interest during the Pre-Liquidation Reserve Period shall be invested by the Custodian, upon the direction of the Servicer, in accordance with Section 7.5. (2) In respect of each Determination Period occurring during the Liquidation Period, the Servicer shall (subject to Section 7.2(4)) deposit into and accumulate in the Series 2020-1 Liquidation Principal Funding Account for the Series 2020-1 Ownership Interest, in accordance with the Distribution Notice and from and to the extent of Ownership Allocable Collections for or in respect of the Series 2020-1 Ownership Interest, an amount equal to the applicable Monthly Principal Accumulation Amount for the month. Amounts deposited into the Series 2020-1 Liquidation Principal Funding Account for the Series 2020-1 Ownership Interest in respect of Monthly Principal Accumulation Amounts during the Liquidation Period shall be invested by the Custodian in accordance with Section 7.5 so that such amounts and any related entitlement to interest or yield thereon in respect of a Determination Period will be available in cash amounts for deposit into the Accumulations Account in accordance with Section 7.9 and the Distribution Notice to the extent applicable. (3) Amounts held in the Accumulations Account for the Series 2020-1 Ownership Interest on an Amortization Commencement Day for the Series 2020-1 Ownership Interest and all amounts deposited into or earned in such Accumulations Account after such date, shall be used by the Series 2020-1 Co-Owner to meet its payment obligations under Funding Commitments and any Obligations (as defined in the Series 2020-1 Supplement) relating to the Series 2020-1 Notes.

Deposited Amounts During Pre-Liquidation Reserve, Liquidation and Amortization Periods. (1) In respect of each Determination Period during the Pre-Liquidation Reserve Period, the Servicer shall deposit into the Series 20202019-1 Liquidation Yield Reserve Account for the Series 20202019-1 Ownership Interest, in accordance with and subject to the provisions of the Distribution Notice and the terms hereof, the applicable Required Yield Reserve Deposit Amount. Subject to withdrawals in accordance with Sections 7.8(5) and 7.8(6), amounts deposited into the Series 20202019-1 Liquidation Yield Reserve Account for the Series 20202019-1 Ownership Interest during the Pre-Liquidation Reserve Period shall be invested by the Custodian, upon the direction of the Servicer, in accordance with Section 7.5. (2) In respect of each Determination Period occurring during the Liquidation Period, the Servicer shall (subject to Section 7.2(4)) deposit into and accumulate in the Series 20202019-1 Liquidation Principal Funding Account for the Series 20202019-1 Ownership Interest, in accordance with the Distribution Notice and from and to the extent of Ownership Allocable Collections for or in respect of the Series 20202019-1 Ownership Interest, an amount equal to the applicable Monthly Principal Accumulation Amount for the month. Amounts deposited into the Series 20202019-1 Liquidation Principal Funding Account for the Series 20202019-1 Ownership Interest in respect of Monthly Principal Accumulation Amounts during the Liquidation Period shall be invested by the Custodian in accordance with Section 7.5 so that such amounts and any related entitlement to interest or yield thereon in respect of a Determination Period will be available in cash amounts for deposit into the Accumulations Account in accordance with Section 7.9 and the Distribution Notice to the extent applicable. (3) Amounts held in the Accumulations Account for the Series 20202019-1 Ownership Interest on an Amortization Commencement Day for the Series 20202019-1 Ownership Interest and all amounts deposited into or earned in such Accumulations Account after such date, shall be used by the Series 20202019-1 Co-Owner to meet its payment obligations under Funding Commitments and any Obligations (as defined in the Series 20202019-1 Supplement) relating to the Series 20202019-1 Notes.

Deposited Amounts During Pre-Liquidation Reserve, Liquidation and Amortization Periods. (1) In respect of each Determination Period during the Pre-Liquidation Reserve Period, the Servicer shall deposit into the Series 20202022-1 Liquidation Yield Reserve Account for the Series 20202022-1 Ownership Interest, in accordance with and subject to the provisions of the Distribution Notice and the terms hereof, the applicable Required Yield Reserve Deposit Amount. Subject to withdrawals in accordance with Sections 7.8(5) and 7.8(6), amounts deposited into the Series 20202022-1 Liquidation Yield Reserve Account for the Series 20202022-1 Ownership Interest during the Pre-Liquidation Reserve Period shall be invested by the Custodian, upon the direction of the Servicer, in accordance with Section 7.5. (2) In respect of each Determination Period occurring during the Liquidation Period, the Servicer shall (subject to Section 7.2(4)) deposit into and accumulate in the Series 20202022-1 Liquidation Principal Funding Account for the Series 20202022-1 Ownership Interest, in accordance with the Distribution Notice and from and to the extent of Ownership Allocable Collections for or in respect of the Series 20202022-1 Ownership Interest, an amount equal to the applicable Monthly Principal Accumulation Amount for the month. Amounts deposited into the Series 20202022-1 Liquidation Principal Funding Account for the Series 20202022-1 Ownership Interest in respect of Monthly Principal Accumulation Amounts during the Liquidation Period shall be invested by the Custodian in accordance with Section 7.5 so that such amounts and any related entitlement to interest or yield thereon in respect of a Determination Period will be available in cash amounts for deposit into the Accumulations Account in accordance with Section 7.9 and the Distribution Notice to the extent applicable. (3) Amounts held in the Accumulations Account for the Series 20202022-1 Ownership Interest on an Amortization Commencement Day for the Series 20202022-1 Ownership Interest and all amounts deposited into or earned in such Accumulations Account after such date, shall be used by the Series 20202022-1 Co-Owner to meet its payment obligations under Funding Commitments and any Obligations (as defined in the Series 20202022-1 Supplement) relating to the Series 20202022-1 Notes.

Deposited Amounts During Pre-Liquidation Reserve, Liquidation and Amortization Periods. (1) In respect of each Determination Period during the Pre-Liquidation Reserve Period, the Servicer shall deposit into the Series 20202024-1 Liquidation Yield Reserve Account for the Series 20202024-1 Ownership Interest, in accordance with and subject to the provisions of the Distribution Notice and the terms hereof, the applicable Required Yield Reserve Deposit Amount. Subject to withdrawals in accordance with Sections 7.8(5) and 7.8(6), amounts deposited into the Series 20202024-1 Liquidation Yield Reserve Account for the Series 20202024-1 Ownership Interest during the Pre-Liquidation Reserve Period shall be invested by the Custodian, upon the direction of the Servicer, in accordance with Section 7.5. (2) In respect of each Determination Period occurring during the Liquidation Period, the Servicer shall (subject to Section 7.2(4)) deposit into and accumulate in the Series 20202024-1 Liquidation Principal Funding Account for the Series 20202024-1 Ownership Interest, in accordance with the Distribution Notice and from and to the extent of Ownership Allocable Collections for or in respect of the Series 20202024-1 Ownership Interest, an amount equal to the applicable Monthly Principal Accumulation Amount for the month. Amounts deposited into the Series 20202024-1 Liquidation Principal Funding Account for the Series 20202024-1 Ownership Interest in respect of Monthly Principal Accumulation Amounts during the Liquidation Period shall be invested by the Custodian in accordance with Section 7.5 so that such amounts and any related entitlement to interest or yield thereon in respect of a Determination Period will be available in cash amounts for deposit into the Accumulations Account in accordance with Section 7.9 and the Distribution Notice to the extent applicable. (3) Amounts held in the Accumulations Account for the Series 20202024-1 Ownership Interest on an Amortization Commencement Day for the Series 20202024-1 Ownership Interest and all amounts deposited into or earned in such Accumulations Account after such date, shall be used by the Series 20202024-1 Co-Owner to meet its payment obligations under Funding Commitments and any Obligations (as defined in the Series 20202024-1 Supplement) relating to the Series 20202024-1 Notes.

Deposited Amounts During Pre-Liquidation Reserve, Liquidation and Amortization Periods. (1) In respect of each Determination Period during the Pre-Liquidation Reserve Period, the Servicer shall deposit into the Series 20202023-1 Liquidation Yield Reserve Account for the Series 20202023-1 Ownership Interest, in accordance with and subject to the provisions of the Distribution Notice and the terms hereof, the applicable Required Yield Reserve Deposit Amount. Subject to withdrawals in accordance with Sections 7.8(5) and 7.8(6), amounts deposited into the Series 20202023-1 Liquidation Yield Reserve Account for the Series 20202023-1 Ownership Interest during the Pre-Liquidation Reserve Period shall be invested by the Custodian, upon the direction of the Servicer, in accordance with Section 7.5. (2) In respect of each Determination Period occurring during the Liquidation Period, the Servicer shall (subject to Section 7.2(4)) deposit into and accumulate in the Series 20202023-1 Liquidation Principal Funding Account for the Series 20202023-1 Ownership Interest, in accordance with the Distribution Notice and from and to the extent of Ownership Allocable Collections for or in respect of the Series 20202023-1 Ownership Interest, an amount equal to the applicable Monthly Principal Accumulation Amount for the month. Amounts deposited into the Series 20202023-1 Liquidation Principal Funding Account for the Series 20202023-1 Ownership Interest in respect of Monthly Principal Accumulation Amounts during the Liquidation Period shall be invested by the Custodian in accordance with Section 7.5 so that such amounts and any related entitlement to interest or yield thereon in respect of a Determination Period will be available in cash amounts for deposit into the Accumulations Account in accordance with Section 7.9 and the Distribution Notice to the extent applicable. (3) Amounts held in the Accumulations Account for the Series 20202023-1 Ownership Interest on an Amortization Commencement Day for the Series 20202023-1 Ownership Interest and all amounts deposited into or earned in such Accumulations Account after such date, shall be used by the Series 20202023-1 Co-Owner to meet its payment obligations under Funding Commitments and any Obligations (as defined in the Series 20202023-1 Supplement) relating to the Series 20202023-1 Notes.