Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 2024-P2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by the Paying Agent with the Account Holder.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2024-P2), Trust Agreement (Carvana Auto Receivables Trust 2024-P2)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242022-P2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by the Paying Agent with the Account Holder.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2022-P2), Trust Agreement (Carvana Auto Receivables Trust 2022-P2)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242021-P2 N3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by with the Paying Agent with the Account HolderAgent.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2021-N3), Trust Agreement (Carvana Auto Receivables Trust 2021-N3)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242021-P2 P3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by with the Paying Agent with the Account HolderAgent.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2021-P3), Trust Agreement (Carvana Auto Receivables Trust 2021-P3)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242021-P2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by with the Paying Agent with the Account HolderAgent.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2021-P2), Trust Agreement (Carvana Auto Receivables Trust 2021-P2)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242022-P2 P3 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by the Paying Agent with the Account Holder.. CRVNA 2022-P3 Trust Agreement
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2022-P3), Trust Agreement (Carvana Auto Receivables Trust 2022-P3)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242021-P2 P1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by with the Paying Agent with the Account HolderAgent.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2021-P1), Trust Agreement (Carvana Auto Receivables Trust 2021-P1)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242020-P2 P1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by with the Paying Agent with the Account HolderAgent.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2020-P1), Trust Agreement (Carvana Auto Receivables Trust 2020-P1)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242021-P2 N1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by with the Paying Agent with the Account HolderAgent.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2021-N1), Trust Agreement (Carvana Auto Receivables Trust 2021-N1)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242022-P2 P1 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by the Paying Agent with the Account Holder.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2022-P1), Trust Agreement (Carvana Auto Receivables Trust 2022-P1)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242021-P2 P4 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by the Paying Agent with the Account Holder.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2021-P4), Trust Agreement (Carvana Auto Receivables Trust 2021-P4)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242021-P2 N2 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by with the Paying Agent with the Account HolderAgent.
Appears in 2 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2021-N2), Trust Agreement (Carvana Auto Receivables Trust 2021-N2)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 202420[ ]-P2 [ ] Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by with the Paying Agent with the Account HolderAgent.
Appears in 1 contract
Samples: Trust Agreement (Carvana Receivables Depositor LLC)
Establishment of Certificate Distribution Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Trust an Eligible Deposit Account known as the Carvana Auto Receivables Trust 20242021-P2 N4 Certificate Distribution Account (the “Certificate Distribution Account”), bearing an additional designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Certificate Distribution Account shall initially be established as a segregated trust account by with the Paying Agent with the Account HolderAgent.
Appears in 1 contract
Samples: Trust Agreement (Carvana Auto Receivables Trust 2021-N4)