Distributions to Parties. (a) On each Payment Date (unless the Notes shall have been declared to be due and payable under Section 5.02 following an Event of Default), the Indenture Trustee shall apply or cause to be applied the Available Funds in the Collection Account for the prior Collection Period (plus any amounts withdrawn from the Spread Account or drawn on the Policy pursuant to Section 9.02), to make the following payments in the listed order of priority:
Appears in 5 contracts
Samples: Indenture (Uacsc Auto Trusts Uacsc 2000-B Owner Trust Auto Rec Bac Note), Indenture (Uacsc Auto Trusts), Indenture (Uacsc 2000-D Owner Trust Auto Rec Backed Notes)
Distributions to Parties. (a) On each Payment Date (unless the Notes shall have been declared to be due and payable under Section 5.02 following an Event of Default)Date, the Indenture Trustee shall apply or cause to be applied the Available Funds in the Collection Account for the prior Collection Period Period, (plus any amounts withdrawn from the Spread Account or drawn on the Policy pursuant to Section 9.02), to make the following payments in the listed order of priority:
Appears in 4 contracts
Samples: Indenture (Uacsc Auto Trusts), Indenture (Bay View Securitization Corp), Indenture (Uacsc Auto Trusts Uacsc 1999-C Owner Trust Auto Rec Bac Note)
Distributions to Parties. (a) On each Payment Date (unless the Notes shall have been declared to be due and payable under Section 5.02 following an Event of Default)Date, the Indenture Trustee shall apply or cause to be applied the Available Funds in the Collection Account for the prior Collection Period Period, (plus any amounts withdrawn from the Spread Account or drawn on the Policy pursuant to Section 9.028.02 and Section 9.03), to make the following payments in the listed order of priority:
Appears in 2 contracts
Distributions to Parties. (a) On each Payment Date (unless the Notes shall have been declared to be due and payable under Section 5.02 following an Event of Default), the Indenture Trustee shall apply or cause to be applied the Available Funds in the Collection Account for the prior Collection Period (plus any amounts withdrawn from the Spread Account or drawn on the Policy pursuant to Section 9.02), to make the following payments in the listed order of priority:
Appears in 1 contract
Samples: Indenture (Uacsc 2002-a Owner TRST Auto Receivable Back Nt)
Distributions to Parties. (a) On each Payment Date (unless the Notes shall have been declared to be due and payable under Section 5.02 following an Event of Default), the Indenture Trustee shall apply or cause to be applied the Available Funds in the Collection Account for the prior Collection Period (plus any amounts withdrawn from the Pre-Funding Account, the Spread Account or the Class C Reserve Account, or drawn on the Policy pursuant to Section 9.02), to make the following payments in the listed order of priority:
Appears in 1 contract
Samples: Indenture (Uacsc 2001-a Owner Trust)
Distributions to Parties. (a) On each Payment Date (unless the Notes shall have been declared to be due and payable under Section 5.02 following an Event of Default), the Indenture Trustee shall apply or cause to be applied the Available Funds in the Collection Account for the prior Collection Period (plus any amounts withdrawn from the Pre-Funding Account or the Spread Account Account, or drawn on the Policy pursuant to Section 9.02), to make the following payments in the listed order of priority:
Appears in 1 contract
Samples: Indenture (Uacsc 2001-C Owner Trust)
Distributions to Parties. (a) On each Payment Date (unless the Notes shall have been declared to be due and payable under Section 5.02 following an Event of Default), the Indenture Trustee shall apply or cause to be applied the Available Funds in the Collection Account for the prior Collection Period (plus any amounts withdrawn from the Spread Account or drawn on the Policy pursuant to Section 9.028.02), to make the following payments in the listed order of priority:
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