Common use of Negative Carry Account Clause in Contracts

Negative Carry Account. (a) On the Closing Date, the Seller ---------------------- shall deposit in the Negative Carry Account $1,556,302.42 (the "Negative Carry Account Initial Deposit") from the net proceeds of the sale of the Notes. On or before the Transfer Date preceding each Distribution Date occurring on or prior to the first Distribution Date that occurs on or after the end of the Funding Period, the Servicer will instruct the Indenture Trustee to withdraw from the Negative Carry Account and deposit into the Collection Account an amount equal to the Negative Carry Amount for such Distribution Date.

Negative Carry Account. (a) On the Closing Date, the Seller ---------------------- shall deposit in the Negative Carry Account $1,556,302.42 1,113,346.88 (the "Negative Carry Account Initial Deposit") from the net proceeds of the sale of the Notes. On or before the Transfer Date preceding each Distribution Date occurring on or prior to the first Distribution Date that occurs on or after the end of the Funding Period, the Servicer will instruct the Indenture Trustee to withdraw from the Negative Carry Account and deposit into the Collection Account an amount equal to the Negative Carry Amount for such Distribution Date.

Negative Carry Account. (a) On the Closing Date, the Seller ---------------------- shall deposit in the Negative Carry Account $1,556,302.42 1,964,348.69 (the "Negative Carry Account Initial Deposit") from the net proceeds of the sale of the Notes. On or before the Transfer Date preceding each Distribution Date occurring on or prior to the first Distribution Date that occurs on or after the end of the Funding Period, the Servicer will instruct the Indenture Trustee to withdraw from the Negative Carry Account and deposit into the Collection Account an amount equal to the Negative Carry Amount for such Distribution Date.

Negative Carry Account. (a) On the Closing Date, the ---------------------- Seller ---------------------- shall deposit in the Negative Carry Account $1,556,302.42 1,523,000.41 (the "Negative Carry Account Initial Deposit") from the net proceeds of the sale of the Notes. On or before the Transfer Date preceding each Distribution Date occurring on or prior to the first Distribution Date that occurs on or after the end of the Funding Period, the Servicer will instruct the Indenture Trustee to withdraw from the Negative Carry Account and deposit into the Collection Account an amount equal to the Negative Carry Amount for such Distribution Date.