Common use of Designated Accounts; Payments Clause in Contracts

Designated Accounts; Payments. (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 Designated Accounts as provided in Articles IV and VI of the Trust Sale and Servicing Agreement (or with respect to any Designated Account for any series of Notes issued after the Closing Date, on or prior to the closing date with respect to such series of Notes).

Designated Accounts; Payments. (a) On or prior to the [Initial] Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture TrusteeTrustee for the benefit of the Financial Parties (and with respect to the Reserve Account, for the benefit of the Noteholders and the Certificateholders, Servicer) the Designated Accounts as provided in Articles IV and VI V of the Trust Sale and Servicing Agreement (or with respect to any Designated Account for any series of Notes issued after the Closing Date, on or prior to the closing date with respect to such series of Notes)Agreement.

Designated Accounts; Payments. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture TrusteeTrustee for the benefit of the Securityholders (and with respect to the Reserve Account, for the benefit of the Noteholders and the Certificateholders, Servicer) the Designated Accounts as provided in Articles IV and VI V of the Trust Sale and Servicing Agreement (or with respect to any Designated Account for any series of Notes issued after the Closing Date, on or prior to the closing date with respect to such series of Notes)Agreement.

Designated Accounts; Payments. (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 Designated Accounts as provided in Articles ARTICLES IV and AND VI of the Trust Sale and Servicing Agreement (or with respect to any Designated Account for any series of Notes issued after the Closing Date, on or prior to the closing date with respect to such series of Notes).

Designated Accounts; Payments. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture TrusteeTrustee for the benefit of the Financial Parties (and with respect to the Reserve Account, for the benefit of the Noteholders and the Certificateholders, Servicer) the Designated Accounts as provided in Articles IV and VI V of the Trust Sale and Servicing Agreement (or with respect to any Designated Account for any series of Notes issued after the Closing Date, on or prior to the closing date with respect to such series of Notes)Agreement.