Common use of Monthly Payments During Controlled Amortization Period or Rapid Amortization Period Clause in Contracts

Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. On each Determination Date, commencing on the second Determination Date during the Series 2012-2 Controlled Amortization Period or the first Determination Date after the commencement of the Series 2012-2 Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing NEWYORK 8960490 (2K)A&R Series 2012-2 Supplement (Class C Note issuance) 40 pursuant to the Administration Agreement and in accordance with this Section 2.5 as to (1) the amount allocated to the Series 2012-2 Notes during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (2) any amounts to be drawn on the Series 2012-2 Demand Notes and/or on the Series 2012-2 Letters of Credit (or withdrawn from the Series 2012-2 Cash Collateral Accounts) pursuant to this Section 2.5 and (3) any amounts to be withdrawn from the Series 2012-2 Reserve Accounts pursuant to this Section 2.5 and deposited into the Series 2012-2 Distribution Account. On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2012-2 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 2012-2 Collection Account and deposit such amount in the Series 2012-2 Distribution Account, to be paid to the holders of the Series 2012-2 Notes.

Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. On each Determination Date, commencing on the second Determination Date during the Series 20122023-2 3 Controlled Amortization Period or the first Determination Date after the commencement of the Series 20122023-2 3 Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing NEWYORK 8960490 (2K)A&R Series 2012-2 Supplement (Class C Note issuance) 40 pursuant to the Administration Agreement and in accordance with this Section 2.5 as to (1) the amount allocated to the Series 20122023-2 3 Notes during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (2) any amounts to be drawn on the Series 20122023-2 3 Demand Notes and/or on the Multi-Series 2012-2 Letters of Credit (or withdrawn from the Series 20122023-2 3 Cash Collateral AccountsAccount) pursuant to this Section 2.5 and (3) any amounts to be withdrawn from the Series 20122023-2 3 Reserve Accounts Account pursuant to this Section 2.5 and deposited into the Series 20122023-2 3 Distribution Account. On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 20122023-2 3 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 20122023-2 3 Collection Account and deposit such amount in the Series 20122023-2 3 Distribution Account, to be paid to the holders of the Series 20122023-2 3 Notes.

Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. On each Determination Date, commencing Commencing on the second Determination Date during the Series 2012Three-2 Year Notes Controlled Amortization Period or the Class A-3 Controlled Amortization Period, as the case may be, or the first Determination Date after the commencement of the Series 20122004-2 Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing NEWYORK 8960490 (2K)A&R Series 2012-2 Supplement (Class C Note issuance) 40 pursuant to the Administration Agreement and in accordance with this Section 2.5 as to (1i) the amount allocated to the Series 20122004-2 Notes during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (2ii) any amounts to be drawn on the Series 20122004-2 Demand Notes and/or on the Series 20122004-2 Letters of Credit (or withdrawn from the Series 20122004-2 Cash Collateral Accounts) pursuant to this Section 2.5 and Account), (3iii) any amounts to be withdrawn from the Series 20122004-2 Reserve Accounts pursuant to this Section 2.5 Account and deposited into the Series 20122004-2 Distribution AccountAccount 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 20122004-2 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 20122004-2 Collection Account and deposit such amount in the Series 20122004-2 Distribution Account, to be paid to the holders of the Series 20122004-2 Notes.

Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. On each Determination Date, commencing Commencing on the second Determination Date during the Series 2012Three-2 Year Notes Controlled Amortization Period or the Class A-3 Controlled Amortization Period, as the case may be, or the first Determination Date after the commencement commence-ment of the Series 20122005-2 1 Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing NEWYORK 8960490 (2K)A&R Series 2012-2 Supplement (Class C Note issuance) 40 pursuant to the Administration Agreement and in accordance with this Section 2.5 as to (1i) the amount allocated to the Series 20122005-2 1 Notes during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (2ii) any amounts to be drawn on the Series 20122005-2 1 Demand Notes and/or on the Series 20122005-2 1 Letters of Credit (or withdrawn from the Series 20122005-2 1 Cash Collateral Accounts) pursuant to this Section 2.5 and Account), (3iii) any amounts to be withdrawn from the Series 20122005-2 1 Reserve Accounts pursuant to this Section 2.5 Account and deposited into the Series 20122005-2 1 Distribution AccountAccount 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 20122005-2 1 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 20122005-2 1 Collection Account and deposit such amount in the Series 20122005-2 1 Distribution Account, to be paid to the holders of the Series 20122005-2 1 Notes.

Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. On each Determination Date, commencing Commencing on the second Determination Date during the Series 2012-2 Class A-1/A-2 Controlled Amortization Period, the Class A-3 Controlled Amortization Period or the Class A-4/A-5 Controlled Amortization Period, as the case may be, or the first Determination Date after the commencement of the Series 20122005-2 Rapid Amortization PeriodPeriod and on each Determination Date thereafter, the Administrator Servicer shall instruct the Trustee and the Paying Agent in writing NEWYORK 8960490 (2K)A&R Series 2012-2 Supplement (Class C Note issuance) 40 pursuant to the Administration Agreement and in accordance with this Section 2.5 as to (1) the amount allocated to the Series 20122005-2 Notes of such Class during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(iic)(ii), as the case may be, (2) any amounts to be drawn on the of this Series 2012-2 Demand Notes and/or on the Series 2012-2 Letters of Credit (or withdrawn from the Series 2012-2 Cash Collateral Accounts) Supplement and, as applicable, allocated pursuant to the last sentence of Section 2.2(f) of this Section 2.5 and (3) any amounts to be withdrawn from the Series 2012-2 Reserve Accounts pursuant to this Section 2.5 and deposited into the Series 2012-2 Distribution AccountSupplement. On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 20122005-2 Notes of such Class during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(iic)(ii), as the case may be, of this Series Supplement from the Series 20122005-2 Collection Account and, as applicable, withdraw the amount allocated pursuant to the last sentence of Section 2.2(f) of this Series Supplement from the Series 2005-2 Excess Collection Account and deposit such amount amounts, including any amounts reallocated to the Series 2005-2 Notes from other Series of Group I Notes pursuant to Section 5.2(c) of the Base Indenture, in the Series 20122005-2 Distribution Account, to be paid to the holders of the Series 20122005-2 NotesNotes of such Class.

Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. On each Determination Date, commencing Commencing on the second Determination Date during the Series 2012Three-2 Year Notes Controlled Amortization Period or the Class A-3 Controlled Amortization Period, as the case may be, or the first Determination Date after the commencement of the Series 20122003-2 3 Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing NEWYORK 8960490 (2K)A&R Series 2012-2 Supplement (Class C Note issuance) 40 pursuant to the Administration Agreement and in accordance with this Section 2.5 as to (1i) the amount allocated to the Series 20122003-2 3 Notes during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (2ii) any amounts to be drawn on the Series 20122003-2 3 Demand Notes and/or on the Series 20122003-2 3 Letters of Credit (or withdrawn from the Series 20122003-2 3 Cash Collateral Accounts) pursuant to this Section 2.5 and Account), (3iii) any amounts to be withdrawn from the Series 20122003-2 3 Reserve Accounts pursuant to this Section 2.5 Account and deposited into the Series 20122003-2 3 Distribution AccountAccount 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 20122003-2 3 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 20122003-2 3 Collection Account and deposit such amount in the Series 20122003-2 3 Distribution Account, to be paid to the holders of the Series 20122003-2 3 Notes.

Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. On each Determination Date, commencing Commencing on the second Determination Date during the Series 2012Class A-1 Controlled Amortization Period, the Five-2 Year Notes Controlled Amortization Period or the Class A-4 Controlled Amortization Period, as the case may be, or the first Determination Date after the commencement of the Series 20122003-2 4 Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing NEWYORK 8960490 (2K)A&R Series 2012-2 Supplement (Class C Note issuance) 40 pursuant to the Administration Agreement and in accordance with this Section 2.5 as to (1i) the amount allocated to the Series 20122003-2 4 Notes during the Related Month pursuant to Section 2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (2ii) any amounts to be drawn on the Series 20122003-2 4 Demand Notes and/or on the Series 20122003-2 4 Letters of Credit (or withdrawn from the Series 20122003-2 4 Cash Collateral Accounts) pursuant to this Section 2.5 and Account), (3iii) any amounts to be withdrawn from the Series 20122003-2 4 Reserve Accounts pursuant to this Section 2.5 Account and deposited into the Series 20122003-2 4 Distribution AccountAccount 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 20122003-2 4 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 20122003-2 4 Collection Account and deposit such amount in the Series 20122003-2 4 Distribution Account, to be paid to the holders of the Series 20122003-2 4 Notes.