Monthly Payments During Controlled Amortization Period or Rapid Amortization Period Sample Clauses

Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. Commencing on the second Determination Date during the Class A-1 Controlled Amortization Period or the Class A-2 Controlled Amortization Period, as the case may be, or the first Determination Date after the commencement of the Series 2003-5 Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with this Section 2.5 as to (i) the amount allocated to the Series 2003-5 Notes during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (ii) any amounts to be drawn on the Series 2003-5 Demand Notes and/or on the Series 2003-5 Letters of Credit (or withdrawn from the Series 2003-5 Cash Collateral Account), (iii) any amounts to be withdrawn from the Series 2003-5 Reserve Account and deposited into the Series 2003-5 Distribution Account and (iv) the amount of any demand on the Surety Bond in accordance with the terms thereof. On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2003-5 Notes during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, from the Series 2003-5 Collection Account and deposit such amount in the Series 2003-5 Distribution Account, to be paid to the holders of the Series 2003-5 Notes.
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Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. Commencing on the second Determination Date during the Series 2004-1 Controlled Amortization Period, or the first Determination Date after the commencement of the Series 2004-1 Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with this Section 3.5 as to (i) the amount allocated to the Series 2004-1 Notes during the Related Month pursuant to Section 3.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (ii) any amounts to be drawn on the Series 2004-1 Demand Notes and/or on the Series 2004-1 Letters of Credit (or withdrawn from the Series 2004-1 Cash Collateral Account) and (iii) any amounts to be withdrawn from the Series 2004-1 Reserve Account and deposited into the Series 2004-1 Distribution Account.
Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. Commencing on the first Determination Date after the commencement of the Series 2004-4 Controlled Amortization Period or the Series 2004-4 Rapid Amortization Period, and on each Determination Date thereafter, the Servicer shall instruct the Trustee and the Paying Agent in writing as to the amount allocated to the Series 2004-4 Notes during the Related Month pursuant to Section 3.2(b)(ii) of this Series Supplement and, as applicable, allocated pursuant to the last sentence of Section 3.2(e) of this Series Supplement. On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2004-4 Notes during the Related Month pursuant to Section 3.2(b)(ii) of this Series Supplement from the Series 2004-4 Collection Account and, as applicable, withdraw the amount allocated pursuant to the last sentence of Section 3.2(e) of this Series Supplement from the Series 2004-4 Excess Collection Account and deposit such amounts, including any amounts reallocated to the Series 2004-4 Notes from other Series of Group I Notes pursuant to Section 5.2(c) of the Base Indenture, in the Series 2004-4 Distribution Account, to be paid to the holders of the Series 2004-4 Notes until the Series 2004-4 Notes have been paid in full. The entire principal amount of all Outstanding Series 2004-4 Notes shall be due and payable on October 20, 2007. For purposes of the Series 2004-4 Controlled Amortization Period, principal payments will be made on the Series 2004-4 Notes as set forth in this Series Supplement, but no principal of the Series 2004-4 Notes will be considered “required to be paid” for purposes of the Base Indenture or any other Series Supplement.
Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. Commencing on the second Determination Date during the Class A-1/A-2 Controlled Amortization Period or the Class A-3/A-4 Controlled Amortization Period, as the case may be, or the first Determination Date after the commencement of the Series 2005-1 Rapid Amortization Period and on each Determination Date thereafter, the Servicer shall instruct the Trustee and the Paying Agent in writing as to the amount allocated to the Series 2005-1 Notes of such Class during the Related Month pursuant to Section 2.2(b)(ii) or (c)(ii), as the case may be, of this Series Supplement and, as applicable, allocated pursuant to the last sentence of

Related to Monthly Payments During Controlled Amortization Period or Rapid Amortization Period

  • Principal Payment Dates Subject to the Subordination Provisions set forth below, payments of the principal amount of this Company Note shall be made as follows:

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