Common use of Note Distribution Account Clause in Contracts

Note Distribution Account. (a) On each Settlement Date (based solely on the information contained in the Servicer's Certificate), the Trustee shall distribute all amounts on deposit in the Note Distribution Account to the Noteholder in respect of the Note to the extent of amounts due and unpaid on the Note for principal and interest in the following amounts and in the following order of priority:

Note Distribution Account. (a) On each Settlement Date (based solely on the information contained in the Servicer's Certificate), the Trustee shall distribute all amounts on deposit in the Note Distribution Account to the Noteholder Noteholders in respect of the Note Notes to the extent of amounts due and unpaid on the Note Notes for principal and interest interest, and to the Note Purchaser in respect of other amounts due and owing under the Basic Documents, in the following amounts and in the following order of priority:

Note Distribution Account. (a) On each Settlement Payment Date and each Insured Payment Date (in each case based solely on the information contained in the Servicer's Certificate), the Trustee shall distribute all amounts on deposit in the Note Distribution Account to the Noteholder Noteholders in respect of the Note Notes to the extent of amounts due and unpaid on the Note Notes for principal and interest in the following amounts and in the following order of priority:

Note Distribution Account. (a) On each Settlement Date (based solely on the information contained in the Servicer's ’s Certificate), the Trustee shall distribute all amounts on deposit in the Note Distribution Account to the Noteholder in respect of the Note to the extent of amounts due and unpaid on the Note for principal and interest in the following amounts and in the following order of priority:

Note Distribution Account. (a) On each Settlement Date (based solely on the information contained in the Servicer's Certificate), the Trustee shall distribute all amounts Available Funds on deposit in the Note Distribution Account to the Noteholder Noteholders in respect of the Note Notes to the extent of amounts due and unpaid on the Note Notes for principal and interest interest, and to the Note Purchasers and the Noteholders in respect of other amounts due and owing under the Basic Documents, in the following amounts and in the following order of priority:priority (without duplication):