Common use of Establishment of Reserve Fund and Funding Accounts Clause in Contracts

Establishment of Reserve Fund and Funding Accounts. (a) (i) The Servicer, for the benefit of the Series 2000-B Certificateholders, shall cause to be established and maintained in the name of the Trustee, on behalf of the Trust, an Eligible Deposit Account (the "Reserve Fund") which shall be identified as the "Reserve Fund for the CARCO Auto Loan Master Trust, Series 2000-B" and shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 2000-B Certificateholders. On the Closing Date, the Seller shall cause to be deposited in the Reserve Fund the Initial Reserve Fund Deposit Amount.

Establishment of Reserve Fund and Funding Accounts. (a) (i) The Servicer, for the benefit of the Series 20002001-B A Certificateholders, shall cause to be established and maintained in the name of the Trustee, on behalf of the Trust, an Eligible Deposit Account (the "Reserve Fund") which shall be identified as the "Reserve Fund for the CARCO Auto Loan Master Trust, Series 20002001-BA" and shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 20002001-B A Certificateholders. On the Closing Date, the Seller shall cause to be deposited in the Reserve Fund the Initial Reserve Fund Deposit Amount.

Establishment of Reserve Fund and Funding Accounts. (a) (i) The Servicer, for the benefit of the Series 2000-B C Certificateholders, shall cause to be established and maintained in the name of the Trustee, on behalf of the Trust, an Eligible Deposit Account (the "Reserve Fund") which shall be identified as the "Reserve Fund for the CARCO Auto Loan Master Trust, Series 2000-BC" and shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 2000-B C Certificateholders. On the Closing Date, the Seller shall cause to be deposited in the Reserve Fund the Initial Reserve Fund Deposit Amount.

Establishment of Reserve Fund and Funding Accounts. (a) (i) The Servicer, for the benefit of the Series 20001995-B 5 Certificateholders, shall cause to be established and maintained in the name of the Trustee, on behalf of the Trust, an Eligible Deposit Account (the "Reserve Fund") which shall be identified as the "Reserve Fund for the CARCO Auto Loan Master Trust, Series 20001995-B5" and shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 20001995-B 5 Certificateholders. On the Closing Date, the Seller shall cause to be deposited in the Reserve Fund the Initial Reserve Fund Deposit Amount.