Following. (i) the payment in full of the aggregate Outstanding Amount of the Notes and of all other amounts owing or to be distributed hereunder or under the Indenture to the Noteholders, the Trustee and the Indenture Trustee and (ii) the termination of the Trust, any amount remaining on deposit in the Spread Account shall be distributed to the Seller or any transferee or assignee pursuant to clause (g). The Seller (and such transferees and assignees) shall in no event be required to refund any amounts properly distributed pursuant to this Section 5.6(c).
Appears in 15 contracts
Samples: Sale and Servicing Agreement (CNH Receivables Inc), Sale and Servicing Agreement (Case Receivables Ii Inc), Sale and Servicing Agreement (CNH Capital Receivables Inc)
Following. (i) the payment in full of the aggregate Outstanding Amount of the Notes and of all other amounts owing or to be distributed hereunder or under the Indenture to the Noteholders, the Counterparty, the Trustee and the Indenture Trustee and (ii) the termination of the Trust, any amount remaining on deposit in the Spread Account shall be distributed to the Seller or any transferee or assignee pursuant to clause (ge). The Seller (and such transferees and assignees) shall in no event be required to refund any amounts properly distributed pursuant to this Section 5.6(c5.7(c).
Appears in 1 contract
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2006-B)
