HOLDBACK SUBACCOUNT. The subaccount of the Reserve Account, the funds in which shall consist of all Class A-1 Holdback Amounts deposited therein during the Funding Period, other than investment earnings thereon. Any funds in the Class A-1 Holdback Subaccount shall be withdrawn on the Class A-1 Final Scheduled Distribution Date and distributed as specified in Section 5.1(b).
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Olympic Receivables Finance Corp)
HOLDBACK SUBACCOUNT. The subaccount of the Reserve Account, the funds in which shall consist of all Class A-1 ClassA-1 Holdback Amounts deposited therein during the Funding Period, other than investment earnings thereon. Any funds in the Class A-1 ClassA-1 Holdback Subaccount shall be withdrawn on the Class A-1 ClassA-1 Final Scheduled Distribution Date and distributed as specified in Section 5.1(b).
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Samples: Sale and Servicing Agreement (Arcadia Receivables Finance Corp)