Common use of Note Payments Clause in Contracts

Note Payments. The Indenture Trustee shall pay to each Noteholder of record on the preceding Record Date either (i) by wire transfer, in immediately available funds to the account of such Noteholder at a bank or other entity having appropriate facilities therefor, if such Noteholder shall have provided to the Indenture Trustee appropriate written instructions three (3) Business Days prior to the Record Date and such Noteholder's Notes in the aggregate evidence a denomination of not less than $250,000 (which instructions may remain in effect for subsequent Payment Dates), or (ii) if not, by check mailed to such Noteholder at the address of such Noteholder appearing in the Note Register, the amounts to be paid to such Noteholder pursuant to such Noteholder's Notes; provided that so long as the Class A Notes are registered in the name of the Securities Depository such payments shall be made to the nominee thereof in immediately available funds. All payments to the Note Insurer shall be made by wire transfer.

Appears in 2 contracts

Samples: Capital One Auto Finance Trust 2002-A, Capital One Auto Receivables Trust 2001-B

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Note Payments. The Indenture Trustee shall pay to each Noteholder of record on the preceding Record Date either (i) by wire transfer, in immediately available funds to the account of such Noteholder at a bank or other entity having appropriate facilities therefor, if such Noteholder shall have provided to the Indenture Trustee appropriate written instructions three (3) Business Days prior to the Record Date and such Noteholder's Notes in the aggregate 84 evidence a denomination of not less than $250,000 (which instructions may remain in effect for subsequent Payment Dates), or (ii) if not, by check mailed to such Noteholder at the address of such Noteholder appearing in the Note Register, the amounts to be paid to such Noteholder pursuant to such Noteholder's Notes; provided that so long as the Class A Notes or the Class B Notes are registered in the name of the Securities Depository such respective payments shall be made to the nominee thereof in immediately available funds. All payments to the Note Insurer shall be made by wire transfer.

Appears in 1 contract

Samples: Capital One Auto Finance Trust 2002-C

Note Payments. The Indenture Trustee shall pay to each Noteholder of record on the preceding Record Date either (i) by wire transfer, in immediately available funds to the account of such Noteholder at a bank or other entity having appropriate facilities therefor, if such Noteholder shall have provided to the Indenture Trustee appropriate written instructions three (3) Business Days prior to the Record Date and such Noteholder's Notes in the aggregate evidence a denomination of not less than $250,000 (which instructions may remain in effect for subsequent Payment Dates), or (ii) if not, by check mailed to such Noteholder at the address of such Noteholder appearing in the Note Register, the amounts to be paid to such Noteholder pursuant to such Noteholder's Notes; provided that so long as the Class A Notes or the Class B 80 2003-A Indenture Notes are registered in the name of the Securities Depository such respective payments shall be made to the nominee thereof in immediately available funds. All payments to the Note Insurer shall be made by wire transfer.

Appears in 1 contract

Samples: Capital One Auto Receivables LLC

Note Payments. The Indenture Trustee shall pay to each Noteholder of record on the preceding Record Date either (i) by wire transfer, in immediately available funds to the account of such Noteholder at a bank or other entity having appropriate facilities therefor, if such Noteholder shall have provided to the Indenture Trustee appropriate written instructions three (3) Business Days prior to the Record Date and such Noteholder's Notes in the aggregate evidence a denomination of not less than $250,000 (which instructions may remain in effect for subsequent Payment Dates), or (ii) if not, by check mailed to such Noteholder at the address of such Noteholder appearing in the Note Register, the amounts to be paid to such Noteholder pursuant to such Noteholder's Notes; provided that so long as the Class A Notes or the Class B Notes are registered in the name of the Securities Depository such respective payments shall be made to the nominee thereof in immediately available funds. All payments to the Note Insurer shall be made by wire transfer.

Appears in 1 contract

Samples: Capital One Auto Receivables LLC

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Note Payments. The Indenture Trustee shall pay to each Noteholder of record on the preceding Record Date either (i) by wire transfer, in immediately available funds to the account of such Noteholder at a bank or other entity having appropriate facilities therefor, if such Noteholder shall have provided to the Indenture Trustee appropriate written instructions three (3) Business Days prior to the Record Date and such Noteholder's Notes in the aggregate evidence a denomination of not less than $250,000 (which instructions may remain in effect for subsequent Payment Dates), or (ii) if not, by check mailed to such Noteholder at the address of such Noteholder appearing in the Note Register, the amounts to be paid to such Noteholder pursuant to such Noteholder's Notes; provided provided, that so long as the Class A Notes are registered in the name of the Securities Depository such payments shall be made to the nominee thereof in immediately available funds. All payments to the Note Insurer shall be made by wire transfer.

Appears in 1 contract

Samples: Servicing Agreement (Capital One Auto Receivables LLC)

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