Payment of Certificate Principal. (a) On the Transfer Date preceding the Class A Scheduled Payment Date with respect to the Controlled Accumulation Period or each Distribution Date with respect to the Early Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On the Class A Scheduled Payment Date (or, if applicable, such Distribution Date in respect of the Early Amortization Period), the Paying Agent shall pay in accordance with Section 5.1 to the Class A Certificateholders from the Distribution Account such amount deposited into the Distribution Account on the related Transfer Date.
Payment of Certificate Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(f), the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Certificateholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date.
Payment of Certificate Principal. (a) On the Transfer Date preceding the first Distribution Date in the Amortization Period and on each Distribution Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On the first Distribution Date in the Amortization Period and on each Distribution Date thereafter until the Class A Invested Amount is paid in full, the Paying Agent shall pay in accordance with subsection 5.1(a) to the Class A Certificateholders from the Distribution Account such amount deposited into the Distribution Account on the related Transfer Date.
Payment of Certificate Principal. (a) On the Transfer Date preceding the Class A Scheduled Payment Date with respect to the Controlled Accumulation Period or each Distribution Date with respect to the Early Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On the Class A Scheduled Payment Date (or, if applicable, such Distribution Date in respect of the Early Amortization Period), the Paying Agent shall pay in accordance with Section5.1 to the Class A Certificateholders from the Distribution Account such amount deposited into the Distribution Account on the related Transfer Date.
Payment of Certificate Principal. (a) No later than 10:00 a.m. on the Business Day immediately prior to each Principal Distribution Date, the Transferor shall provide written notice to the Trustee and the Facility Agent of such Principal Distribution Date and of the amount of principal to be repaid on such Principal Distribution Date.
Payment of Certificate Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account an amount equal to but not less than the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Amortization Period, the Paying Agent shall pay in accordance with Section 5.1 to the Class A Certificateholders from the Distribution Account such amount deposited into the Distribution Account on the related Transfer Date.
Payment of Certificate Principal. (a) On the Transfer Date preceding each Special Payment Date and the Class A Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Funding Account or, after the occurrence of a Pay Out Event, the Principal Account and deposit in the Distribution Account an amount equal to the lesser of (i) the Class A Invested Amount and (ii) the amount on deposit in the Principal Funding Account (other than any investment earnings on such amounts) or the amount on deposit in the Principal Account allocable to the Series 2000-__ Certificates. On the Class A Expected Final Payment Date and each Special Payment Date, the Paying Agent shall pay in accordance with Section 5.01 of the Agreement to the Class A Certificateholders from the Distribution Account such amount deposited into the Distribution Account on the related Transfer Date.
Payment of Certificate Principal. (a) On each Determination Date with respect to the Revolving Period after there has been any decrease in the Required Class C Percentage, the Servicer shall instruct the Trustee to withdraw, and on the next succeeding Transfer Date the Trustee shall withdraw, from the Series Principal Account and deposit in the Distribution Account any Class C Monthly Principal for the related Distribution Date.
Payment of Certificate Principal. The Trustee, acting in accordance with written instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Accumulation Account or the Distribution Account, as applicable, in the following priority, in each case to the extent of funds available in the Principal Account after giving effect to all of the prior applications:
Payment of Certificate Principal. (a) On the Determination Date in the calendar month following the Monthly Period in which the Amortization Period commences, and on each Determination Date thereafter, the Servicer shall instruct the Trustee to withdraw, and on the next succeeding Transfer Date the Trustee shall, subject to the following paragraph, withdraw, from the Principal Collections Sub-subaccount and deposit in the Distribution Account (1) the amount deposited in the Principal Collection Sub-subaccount pursuant to subsection 4.4(b)(ii) and 4.4(c)(ii) (and not reallocated pursuant to Section 4.11) during the preceding Monthly Period, (2) any Shared Principal Collections from other Series allocated to the Series 1995-A Certificates in accordance with subsection 4.3(g) and (3) the amount to be deposited in the Principal Collection Sub-subaccount on such Transfer Date pursuant to subsections 4.6(d) or 4.6(e) in each case after giving effect to any reallocation of Collections pursuant to Section 4.11; provided, however, that on each Transfer Date in the Amortization Period, the Servicer shall withdraw, or instruct the Trustee to withdraw, and on such Transfer Date the Trustee shall withdraw, from the Excess Funding Account and deposit to the Distribution Account, an amount equal to the lowest of (x) the amount on deposit therein (exclusive of investment earnings), (y) during the Controlled Amortization Period, the amount by which the applicable Controlled Distribution Amount exceeds the Class A Monthly Total Principal Allocation for the preceding Monthly Period, and during the Rapid Amortization Period, the Investor Amount (after giving effect to the application of the amounts already allocated to the Distribution Account on such date) and (z) the amount of Shared Principal Collections available to be withdrawn from the Excess Funding Account pursuant to subsection 4.3(g). On the Determination Date preceding the final Transfer Date, the Servicer shall determine the amounts to be deposited pursuant to this sentence and on the final Transfer Date: (x) the Servicer shall, or shall instruct the Trustee to, and the Trustee shall, withdraw from the Principal Collection Sub- subaccount and deposit into the Distribution Account, an amount which is no greater than the Investor Amount as of the end of the day on the preceding Record Date; and (y) the Servicer shall, or shall instruct the Trustee to, and the Trustee shall, withdraw from the Principal Collection Sub-subaccount and deposit into the C...
