Common use of Establishment of Other Accounts Clause in Contracts

Establishment of Other Accounts. (i) The Indenture Trustee shall establish, initially with itself, the Reserve Account, the Collection Account and the Note Distribution Account, each in the name of the Indenture Trustee for the benefit of the Noteholders and, solely in the case of the Collection Account and the Reserve Account, the Certificateholders. The Indenture Trustee shall establish, initially with itself, the Class N Reserve Account in the name of the Indenture Trustee for the benefit of the Class N Noteholders.

Establishment of Other Accounts. (i) The Indenture Trustee shall establish, initially establish with itself, the Account Holder the Reserve Account, the Collection Account and the Note Distribution Account, each in the name of the Indenture Trustee for the benefit of the Noteholders and, solely in the case of the Collection Account and the Reserve Account, the Certificateholders. The Indenture Trustee shall establish, initially establish with itself, the Account Holder the Class N Reserve Account in the name of the Indenture Trustee for the benefit of the Class N Noteholders.

Establishment of Other Accounts. (i) The Indenture Trustee shall establish, initially with itselfthe Account Holder, the Reserve Account, the Collection Account and the Note Distribution Account, each in the name of the Indenture Trustee for the benefit of the Noteholders and, solely in the case of the Collection Account and the Reserve Account, the Certificateholders. The Indenture Trustee shall establish, initially with itselfthe Account Holder, the Class N Reserve Account in the name of the Indenture Trustee for the benefit of the Class N Noteholders.

Establishment of Other Accounts. (i) The Indenture Trustee shall establish, initially with itself, the Reserve Account, the Collection Account and the Note Distribution Account, each in the name of the Indenture Trustee for the benefit of the Noteholders and, solely in the case of the Collection Account and the Reserve Account, the Certificateholders. The Indenture Trustee shall establish, initially with itself, the Class N Reserve Account in the name of the Indenture Trustee for the benefit of the Class N Noteholders.