Common use of Distribution Date Instructions Clause in Contracts

Distribution Date Instructions. Each Distribution Date Report shall contain instructions to the Paying Agent to withdraw on the related Distribution Date from the Distribution Account and pay or transfer the amounts set forth in such report in the manner specified, and in accordance with the priorities established, in Section 5.1 of this Agreement.

Appears in 5 contracts

Samples: Custodial and Paying Agency Agreement, Custodial and Paying Agency Agreement, Custodial and Paying Agency Agreement

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Distribution Date Instructions. Each Distribution Date Report shall contain instructions to the Paying Agent to withdraw on the related Distribution Date from the Distribution Account and the Defeasance Account, as applicable, and pay or transfer the amounts set forth in such report in the manner specified, and in accordance with the priorities established, in Section Sections 3.3 and 5.1 of this Agreement, including with respect to any distributions to be made to the applicable Holders following an acceleration of any Class of Purchase Money Notes prior to the related Distribution Date or on the Purchase Money Notes Maturity Date.

Appears in 2 contracts

Samples: Custodial and Paying Agency Agreement, Custodial and Paying Agency Agreement

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Distribution Date Instructions. Each Distribution Date Report shall contain instructions to the Paying Agent to withdraw on the related Distribution Date from the Distribution Account and the Defeasance Account, as applicable, and pay or transfer the amounts set forth in such report in the manner specified, and in accordance with the priorities established, in Section Sections 3.3 and 5.1 of this Agreement, including with respect to any distributions to be made to the applicable Holders following an acceleration of any Class of Purchase Money Notes prior to the related Distribution Date or on the Maturity Date.

Appears in 2 contracts

Samples: Custodial and Paying Agency Agreement, Custodial and Paying Agency Agreement

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