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 Determina-tion Date after the commence-ment of the Series 2004-1 Rapid Amortization Period, the Administrator shall in-struct the Trustee and the Paying Agent in writing pursu-ant 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be, (ii) any amounts to be drawn on the Series 2004-1 Demand Notes and/or on the Series 2004-1 Letters of Credit (or withdrawn from the Series 2004-1 Cash Collateral Account) and (iii) any amounts to be withdrawn from the Series 2004-1 Reserve Account and deposited into the Series 2004-1 Distribution Account.
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Samples: Amended and Restated Series 2004 1 Supplement (Cendant Corp)
Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. Commencing On each Determination Date, commencing on the second Determination Date during the Series 20042016-1 2 Controlled Amortization Period, Period or the first Determina-tion Determination Date after the commence-ment commencement of the Series 20042016-1 2 Rapid Amortization Period, the Administrator shall in-struct instruct the Trustee and the Paying Agent in writing pursu-ant pursuant to the Administration Agreement and in accordance with this Section 3.5 2.5 as to (i1) the amount allocated to the Series 20042016-1 2 Notes during the Related Month pursuant to Section 3.2(b)(ii2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (ii2) any amounts to be drawn on the Series 20042016-1 2 Demand Notes and/or on the Series 20042016-1 2 Letters of Credit (or withdrawn from the Series 20042016-1 2 Cash Collateral Account) pursuant to this Section 2.5 and (iii3) any amounts to be withdrawn from the Series 20042016-1 2 Reserve Account pursuant to this Section 2.5 and deposited into the Series 20042016-1 Distribution Account.2 Distribution
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Monthly Payments During Controlled Amortization Period or Rapid Amortization Period. Commencing On each Determination Date, commencing on the second Determination Date during the Series 20042016-1 Controlled Amortization Period, Period or the first Determina-tion Determination Date after the commence-ment commencement of the Series 20042016-1 Rapid Amortization Period, the Administrator shall in-struct instruct the Trustee and the Paying Agent in writing pursu-ant pursuant to the Administration Agreement and in accordance with this Section 3.5 2.5 as to (i1) the amount allocated to the Series 20042016-1 Notes during the Related Month pursuant to Section 3.2(b)(ii2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, (ii2) any amounts to be drawn on the Series 20042016-1 Demand Notes and/or on the Series 20042016-1 Letters of Credit (or withdrawn from the Series 20042016-1 Cash Collateral Account) pursuant to this Section 2.5 and (iii3) any amounts to be withdrawn from the Series 20042016-1 Reserve Account pursuant to this Section 2.5 and deposited into the Series 20042016-1 Distribution Account.Distribution
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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 Determina-tion Determination Date after the commence-ment commencement of the Series 2004-1 Rapid Amortization Period, the Administrator shall in-struct instruct the Trustee and the Paying Agent in writing pursu-ant 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.
Appears in 1 contract
Samples: Second Amended and Restated Series 2004 1 Supplement (Cendant Corp)