Distribution of Funds in the Collection Account Sample Clauses

Distribution of Funds in the Collection Account. (a) On the Transfer Date relating to each Payment Date and subject to Section 5.02(c), the Indenture Trustee shall transfer, based on the information set forth in the Monthly Servicer Report, the Deficiency Claim Amount, if any, from the Spread Account into the Collection Account.
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Distribution of Funds in the Collection Account. On each Payment Date, Borrower Available Funds based solely on the information set forth in the related Monthly Servicer Report, shall be distributed by the Agent in the following order and priority of payments (the “Priority of Payments”):
Distribution of Funds in the Collection Account. (a) So long as no Acceleration Event shall have occurred and is continuing, on each Payment Date, Available Funds shall be distributed by the Indenture Trustee, based solely on the information set forth in the related Monthly Servicer Report, in the following order and priority of payments (the "Priority of Payments"):
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