Payment of Certificate Interest. On each Distribution ------------------------------- Date, the Paying Agent shall pay in accordance with Section 5.01 of the Agreement to the Class A Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsections 4.09(a)(i), 4.13(a), 4.14(a)(i)(x) and 4.14(b)(i) of the Agreement on the related Transfer Date or such Distribution Date, as applicable, to the Class B Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsections 4.09(b)(i), 4.13(c) and 4.14(a)(i)(y) of the Agreement on the related Transfer Date and to the CIA Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsection 4.13(f) of the Agreement on the related Transfer Date.
Payment of Certificate Interest. On each Transfer Date, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw the amount on deposit in the Interest Funding Account with respect to the prior Monthly Period allocable to the Series 1999-1 Certificates and deposit such amount in the Distribution Account. On each Distribution Date, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to (w) the Class A Certificateholders from the Distribution Account such amount deposited into the Distribution Account on the related Transfer Date allocable thereto pursuant to subsection 4.9(a)(i), (x) the Class B Certificateholders from the Distribution Account the amount deposited into the Distribution Account allocable thereto pursuant to subsections 4.9(a)(ii) and (vii), (y) the Class C Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsection 4.9(a)(xi), and (z) the Class D Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsection 4.9(a)(xii).
Payment of Certificate Interest. On each Transfer Date, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw the amount on deposit in the Interest Funding Account with respect to the prior Monthly Period allocable to the Series 2000-__ Certificates and deposit such amount in the Distribution Account. On each Distribution Date, the Paying Agent shall pay in accordance with Section 5.01 of the Agreement to (x) the Class A Certificateholders from the Distribution Account such amount deposited into the Distribution Account on the related Transfer Date allocable thereto pursuant to subsection 4.09(a)(i) of the Agreement and (y) the Class B Certificateholders from the Distribution Account the amount deposited into the Distribution Account allocable thereto pursuant to subsections 4.09(a)(ii) and (vi) of the Agreement.
Payment of Certificate Interest. On each Transfer Date, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw the amount on deposit in the Interest Funding Account with respect to the prior Monthly Period allocable to the Series 1998-2 Certificates and deposit such amount in the Distribution Account. On each Distribution Date, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to (w) the Class A Certificateholders from the Distribution Account such amount deposited into the Distribution Account on the related Transfer Date allocable thereto pursuant to subsection 4.9(a)(i), (x) the Class B Certificateholders from the Distribution Account the amount deposited into the Distribution Account allocable thereto pursuant to subsections 4.9(a)(ii) and (vii), (y) the Class C Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsection 4.9(a)(xi), and (z) the Class D Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsection 4.9(a)(xii).
Payment of Certificate Interest. On each Transfer Date, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw the amount on deposit in the Interest Funding Account with respect to the preceding Monthly Period allocable to the Series 1997-1 Certificates and deposit such amount in the Distribution Account. On each Distribution Date, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement (x) to the Class A Certificateholders from the Distribution Account the amount deposited into the Interest Funding Account during the preceding Monthly Period pursuant to subsections 4.9(a)(i) and 4.9(a)(viii) and Sections 4.10 and 4.14 with respect to the related Interest Accrual Period and (y) the Class B Certificateholders from the Distribution Account the amount deposited into the Interest Funding Account during the preceding Monthly Period pursuant to subsections 4.9(a)(ii) and Section 4.10 with respect to the related Interest Accrual Period.
Payment of Certificate Interest. On each Distribution Date, the ------------------------------- Paying Agent shall pay in accordance with Section 5.1 to the Class A Holders, ----------- the Class B Holders and the Class C Holders, respectively, from the Distribution Account the amount deposited into the Distribution Account pursuant to subsections 4.6(a), 4.6(b) and 4.6(h) on the preceding Transfer Date ------------------ ------ ------
Payment of Certificate Interest. On each Distribution Date, the Paying Agent shall pay in accordance with Section 5.1: (i) to the Class A Certificateholders from the Collection Account the amount determined pursuant to Section 4.6(a) on the related Transfer Date; (ii) to the Class B Certificateholders from the Collection Account the amount determined pursuant to Section 4.6(b) on the related Transfer Date; (iii) to the Class C Certificateholders (other than the Servicer and its
Payment of Certificate Interest. On each Transfer Date, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw the amount on deposit in the Interest Funding Account with respect to the preceding Monthly Period allocable to the Series 1995-1 Certificates and deposit such amount in the Dis- tribution Account. On each Business Day, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to Class A Certificateholders from the Distri- bution Account an amount equal to the sum of the Class C Interest Adjustment, if any, and the Class B Interest Adjustment, if any, deposited into the Distribution Account pursuant to Section 4.
Payment of Certificate Interest. On each Distribution ------------------------------- Date, the Paying Agent shall pay in accordance with Section 5.1: (i) to the Class A Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsection 4.6(a) on the related Transfer Date; (ii) to the Class B Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsection 4.6(b) on the related Transfer Date; and (iii) to the Class C Certificateholders from the Distribution Account the amount deposited into the Distribution Account pursuant to subsection 4.6(f) on the related Transfer Date.
Payment of Certificate Interest. On each Transfer Date, the Trustee, acting in accordance with instructions from the Servicer set forth in the Monthly Certificateholders’ Statement, shall withdraw from the Finance Charge Account an amount equal to the amount on deposit in the Finance Charge Account with respect to the prior Monthly Period allocable to the Investor Certificates, less the excess, if any, of the Class A Projected Monthly Interest and Fees for the related Distribution Date over the Class A Monthly Interest and Fees for the related Distribution Date and deposit such amount in the Distribution Account. Any amount remaining on deposit in the Finance Charge Account with respect to the prior Monthly Period after giving effect to such withdrawal, shall be allocated to cover any shortfalls in amounts allocated in respect of such Monthly Period pursuant to Sections 4.11(a)(ii) through (vii) (in that order or priority) and otherwise shall be treated as Excess Finance Charge Collections in respect of such Monthly Period pursuant to Section 4.11(a)(viii). On each Distribution Date, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to (x) the Class A Certificateholders from the Distribution Account out of the amount deposited into the Distribution Account on the related Transfer Date the Class A Monthly Interest and Fees, and (y) the Class B Certificateholders from the Distribution Account that portion of the amount deposited into the Distribution Account arising from allocations pursuant to Section 4.11(a)(vi) of the Agreement in respect of the related Monthly Period.
