Common use of Payment of Note Principal Clause in Contracts

Payment of Note Principal. (a) MONTHLY PAYMENTS DURING SERIES 2002-4 AMORTIZATION PERIOD. Commencing on the first Determination Date after the commencement of the Series 2002-4 Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with this Section 3.5 as to (i) the amount allocated to the Series 2002-4 Notes during the Related Month pursuant to Section 3.2(b)(ii) or (c)(ii), as the case may be, (ii) any amounts to be withdrawn from the Series 2002-4 Reserve Account and deposited into the Series 2002-4 Distribution Account or (iii) any amounts to be drawn on the Series 2002-4 Demand Notes and/or on the Series 2002-4 Letters of Credit (or withdrawn from the Series 2002-4 Cash Collateral Account). On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2002-4 Notes during the Related Month pursuant to Section 3.2(b)(ii) or (c)(ii), as the case may be, from the Series 2002-4 Collection Account and deposit such amount in the Series 2002-4 Distribution Account, to be paid to the holders of the Series 2002-4 Notes.

Payment of Note Principal. (a) MONTHLY PAYMENTS DURING SERIES 2002-4 2 AMORTIZATION PERIOD. Commencing on the first Determination Date after the commencement of the Series 2002-4 2 Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with this Section 3.5 as to (i) the amount allocated to the Series 2002-4 2 Notes during the Related Month pursuant to Section 3.2(b)(ii) or (c)(ii), as the case may be, (ii) any amounts to be withdrawn from the Series 2002-4 2 Reserve Account and deposited into the Series 2002-4 2 Distribution Account or (iii) any amounts to be drawn on the Series 2002-4 2 Demand Notes and/or on the Series 2002-4 2 Letters of Credit (or withdrawn from the Series 2002-4 2 Cash Collateral Account). On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2002-4 2 Notes during the Related Month pursuant to Section 3.2(b)(ii) or (c)(ii), as the case may be, from the Series 2002-4 2 Collection Account and deposit such amount in the Series 2002-4 2 Distribution Account, to be paid to the holders of the Series 2002-4 2 Notes.. -45-

Payment of Note Principal. (a) MONTHLY PAYMENTS DURING SERIES 2002-4 2 AMORTIZATION PERIOD. Commencing on the first Determination Date after the commencement of the Series 2002-4 2 Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with this Section 3.5 as to (i) the amount allocated to the Series 2002-4 2 Notes during the Related Month pursuant to Section 3.2(b)(ii) or (c)(ii), as the case may be, (ii) any amounts to be withdrawn from the Series 2002-4 2 Reserve Account and deposited into the Series 2002-4 2 Distribution Account or (iii) any amounts to be drawn on the Series 2002-4 2 Demand Notes and/or on the Series 2002-4 2 Letters of Credit (or withdrawn from the Series 2002-4 2 Cash Collateral Account). On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2002-4 2 Notes during the Related Month pursuant to Section 3.2(b)(ii) or (c)(ii), as the case may be, from the Series 2002-4 2 Collection Account and deposit such amount in the Series 2002-4 2 Distribution Account, to be paid to the holders of the Series 2002-4 2 Notes.

Payment of Note Principal. (a) MONTHLY PAYMENTS DURING SERIES 20022003-4 1 AMORTIZATION PERIOD. Commencing on the first Determination Date after the commencement of the Series 20022003-4 1 Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with this Section 3.5 as to (i) the amount allocated to the Series 20022003-4 1 Notes during the Related Month pursuant to Section 3.2(b)(ii) or (c)(ii), as the case may be, (ii) any amounts to be withdrawn from the Series 20022003-4 1 Reserve Account and deposited into the Series 20022003-4 1 Distribution Account or (iii) any amounts to be drawn on the Series 20022003-4 1 Demand Notes and/or on the Series 20022003-4 1 Letters of Credit (or withdrawn from the Series 20022003-4 1 Cash Collateral Account). On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 20022003-4 1 Notes during the Related Month pursuant to Section 3.2(b)(ii) or (c)(ii), as the case may be, from the Series 20022003-4 1 Collection Account and deposit such amount in the Series 20022003-4 1 Distribution Account, to be paid to the holders of the Series 20022003-4 1 Notes.