Common use of Payment of Principal and Interest Clause in Contracts

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d). Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The In accordance with the terms of this Indenture, the Issuer will duly and punctually (i) pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting Indenture and (ii) cause the foregoing, subject Servicer to Section 8.02(c), direct the Issuer will cause Indenture Trustee to be distributed release from the Collection Account all other amounts on deposit in the Note Distribution Account on a Payment Date deposited therein distributable or payable in accordance with Section 8.02(d)the Sale and Servicing Agreement. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will shall duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting On each Distribution Date and on the foregoing, subject to Section 8.02(cRedemption Date (if applicable), the Issuer will cause to be distributed all Indenture Trustee shall distribute amounts on deposit in the Note Distribution Account on a Payment Date deposited therein to the Noteholders in accordance with Section 8.02(d). Amounts Sections 2.7 and 8.2, less amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal principal. Any amounts so withheld shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will shall duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting On each Distribution Date and on the foregoing, subject to Section 8.02(cRedemption Date (if applicable), the Issuer will shall cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein to be distributed to the Noteholders in accordance with Section 8.02(d). Amounts Sections 2.7 and 8.2, less amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal principal. Any amounts so withheld shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c8.2(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d)pursuant to the Sale and Servicing Agreement. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c8.02(d), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d8.02(e). Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes Note in accordance with the terms of the Notes Note and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed on each Settlement Date all amounts on deposit deposited in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d)pursuant to the Sale and Servicing Agreement to the Noteholder. Amounts properly withheld under the Code by any Person from a payment to any the Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such the Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Distribution Date deposited therein in accordance with pursuant to Section 8.02(d8.02(c). Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal and/or premium shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will shall duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c)8.04, the Issuer will shall cause to be distributed all amounts on deposit in the Note Distribution Account on a each Payment Date that have been deposited therein for the benefit of the Notes, as set forth in accordance with Section 8.02(d)8.04. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or or principal shall be considered as having to have been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will shall duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting On each Distribution Date and on the foregoing, subject to Section 8.02(c)Redemption Date, the Issuer will shall cause to be distributed all amounts on deposit in the Note Distribution Collection Account on a Payment Date deposited therein to be distributed in accordance with Section 8.02(d). Amounts 8.4, less amounts properly withheld under the Code or applicable state law by any Person from a payment to any Noteholder of interest and/or principal to any Person referred to in Section 8.4. Any amounts so withheld shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Distribution Date deposited therein in accordance with Section 8.02(d). Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will shall duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject On each date on which any payments are to Section 8.02(c)be made, the Issuer will shall cause to be distributed all amounts on deposit in the Note Distribution Collection Account on a Payment Date deposited therein or any Principal Funding Account to be paid to the Noteholders in accordance with Section 8.02(d). Amounts the terms of the Notes and this Indenture, less amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal principal. Any amounts so withheld shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The In accordance with the terms of this Indenture, the Issuer will duly and punctually (i) pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting Indenture and (ii) cause the foregoing, subject Servicer to Section 8.02(c), direct the Issuer will cause Indenture Trustee to be distributed release from the Collection Account all other amounts on deposit in the Note Distribution Account on a Payment Date deposited therein distributable or payable in accordance with Section 8.02(d)the Sale and Servicing Agreement. Amounts 11 (NAROT 2017-B Indenture) properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will shall duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c)8.04, the Issuer will shall cause to be distributed all amounts on deposit in the Note Distribution Account on a each Payment Date that have been deposited therein for the benefit of the Notes as set forth in accordance with Section 8.02(d)8.04. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or or principal shall be considered as having to have been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The In accordance with the terms of this Indenture, the Issuer will duly and punctually (i) pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting Indenture and (ii) cause the foregoing, subject Servicer to Section 8.02(c), direct the Issuer will cause Indenture Trustee to be distributed release from the Collection Account all other amounts on deposit in the Note Distribution Account on a Payment Date deposited therein distributable or payable in accordance with Section 8.02(d)the Sale and Servicing Agreement. Amounts 10 (NAROT 2016-B Indenture) properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will shall duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting On each Payment Date and on the foregoing, subject to Section 8.02(c)Redemption Date, the Issuer will shall cause to be distributed all amounts on deposit in the Note Distribution Payment Account on a Payment Date deposited therein to be distributed to the Noteholders in accordance with Section 8.02(d). Amounts 8.5, less amounts properly withheld under the Code or applicable state law by any Person from a payment to any Noteholder of interest and/or principal principal. Any amounts so withheld shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed delivered to the Indenture Trustee all amounts on deposit in the Note Distribution Collection Account on a Payment Date deposited therein in accordance with Section 8.02(d)when and as required by the Sale and Servicing Agreement. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all the amounts on deposit in the Note Distribution Collection Account on a Payment Date deposited therein and the Reserve Account in accordance with Article 5 of the Sale and Servicing Agreement, subject to Section 8.02(d)5.04(b) hereof. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal and/or premium shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Class A Note Distribution Account and the Class B Note Distribution Account on a Payment Distribution Date deposited therein in accordance with Section 8.02(dpursuant to SECTION 8.02(c). Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal and/or premium shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d)Date. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Collection Account on a Payment Date deposited therein in accordance with Section 8.02(d)8.03. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Payment Account on a Payment Date deposited therein in accordance with Section 8.02(d)pursuant to the Sale and Servicing Agreement for the benefit of the Noteholders. Amounts properly withheld under the Code or any applicable state tax law by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the such Notes and this Indenture. Without limiting the foregoing, subject to On each Payment Date in accordance with Section 8.02(c)8.02, the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Class A-1 Notes Account for the benefit of the Holders of the Notes to pay all interest on a Payment Date deposited therein in accordance with Section 8.02(d)and principal of the Notes then due and payable. Amounts properly withheld under the Code or any applicable state law by any Person from a payment to any Noteholder Holder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder Holder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c)8.06, the Issuer will cause to be distributed all amounts funds on deposit in the Note Distribution Collection Account on a Payment Date deposited therein in accordance with Section 8.02(d)for the benefit of the Notes, to the Note Holders. Amounts properly withheld under the Code by any Person from a payment to any Noteholder Note Holder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder Note Holder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c8.2(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Distribution Date deposited therein in accordance with Section 8.02(d)pursuant to the Sale and Servicing Agreement. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c8.02(b), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Payment Account on a Payment Date deposited therein in accordance with Section 8.02(d)pursuant to the Sale and Servicing Agreement for the benefit of the Notes, to the Noteholders. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, any interest on the Notes Note in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause Indenture Trustee to be distributed distribute to Noteholders all amounts on deposit in the Note Distribution Collection Account on a Payment Date deposited therein in accordance with payable to the Noteholders pursuant to Section 8.02(d)8.2. Amounts properly withheld under the Code or any State or local tax law by any Person from a payment to any the Noteholder of interest and/or principal shall will be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d(not including Investment Earnings thereon, if any). Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d)pursuant to the Sale and Servicing Agreement for the benefit of the Class A Notes, to Class A Noteholders. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this IndentureIndenture and the Sale and Servicing Agreement. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed on each Payment Date all amounts on deposit deposited in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d)pursuant to the Sale and Servicing Agreement to the Noteholders. Amounts properly withheld under the Code by any Person from a payment to any Noteholder the Noteholders of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder the Noteholders for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly --------------------------------- and punctually pay the principal of and interest, if any, on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c8.02(b), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Distribution Date deposited therein in accordance with Section 8.02(d8.02(c). Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Collection Account on a Payment Distribution Date deposited therein in accordance with Section 8.02(d)to Class A Noteholders pursuant to the terms and provisions hereof. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will shall duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will shall cause to be distributed on each Payment Date all amounts on deposit deposited in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d)respect of the related Collection Period pursuant to the Sale and Servicing Agreement to the Noteholders. Amounts properly withheld under the Code by any Person the Trustee from a payment to any Noteholder the Noteholders of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder the Noteholders for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed on each Payment Date all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d)pursuant to the Servicing Agreement for the benefit of the Notes, to the Noteholders. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the such Notes and this Indenture. Without limiting the foregoing, subject to On each Payment Date in accordance with Section 8.02(c)8.02, the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Class A-2 Notes Account for the benefit of the Holders of the Notes to pay all interest on a Payment Date deposited therein in accordance with Section 8.02(d)and principal of the Notes then due and payable. Amounts properly withheld under the Code or any applicable state law by any Person from a payment to any Noteholder Holder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder Holder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c8.2(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Distribution Date deposited therein in accordance with Section 8.02(d)pursuant to the Sale and Servicing Agreement. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Payment of Principal and Interest. The Issuer will duly and punctually pay the principal of and interest, if any, interest on the Notes in accordance with the terms of the Notes and this Indenture. Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed on each Payment Date all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d)pursuant to the Sale and Servicing Agreement for the benefit of the Notes, to the Noteholders. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.