Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Collection Account pursuant to Section 3.04(b) or Section 6.06 shall be made on behalf of the Issuer by the Trustee, and no amounts so withdrawn from the Collection Account for payments of Notes shall be paid over to the Issuer under any circumstances except as provided in this Section 8.03.
Appears in 8 contracts
Samples: Indenture (Dvi Receivables Corp Viii), Contribution and Servicing Agreement (Dvi Receivables Corp Viii), Indenture (Dvi Receivables Corp Viii)
Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Collection Revenue Account pursuant to Section 3.04(b) or 6.07 hereof, or the Reserve Account pursuant to Section 6.06 3.07 hereof, shall be made on behalf of the Issuer by the Trustee, and no amounts so withdrawn from the Collection Revenue Account or Reserve Account for payments of Notes shall be paid over to the Issuer under any circumstances except as provided in this Section 8.03.
Appears in 1 contract
Samples: KMC Telecom Holdings Inc
Money for Payments to Noteholders to be Held in Trust. (a) All payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Collection Account Trust Accounts pursuant to Section 3.04(b) 3.4 or Section 6.06 6.6 shall be made on behalf of the Issuer Company by the Trustee, and no amounts so withdrawn from the applicable Collection Account for payments of Notes shall be paid over to the Issuer Company under any circumstances except as provided in this Section 8.038.3, in Section 3.4 or Section 6.6.
Appears in 1 contract