Common use of Payment to the Issuer Clause in Contracts

Payment to the Issuer. After payment in full of the Series [____] Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 2 contracts

Samples: Indenture Supplement (Carco Auto Loan Master Trust), Indenture Supplement (Daimlerchrysler Wholesale Receivables LLC)

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Payment to the Issuer. After payment in full of the Series [____] 2004-B Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 2 contracts

Samples: Series 2004 B Indenture Supplement (Daimlerchrysler Master Owner Trust), Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series [____] 2004-A Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 2 contracts

Samples: Indenture Supplement (Daimlerchrysler Master Owner Trust), Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series [____] 2003-A Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 2 contracts

Samples: Series 2003 a Indenture Supplement (Daimlerchrysler Master Owner Trust), Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series [____] 2002-B Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 2 contracts

Samples: Series 2002 B Indenture Supplement (Daimlerchrysler Master Owner Trust), Series 2002 B Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series [____o] Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 2 contracts

Samples: Indenture Supplement (Daimlerchrysler Wholesale Receivables LLC), Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series [____] 2002-A Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 2 contracts

Samples: Series 2002 a Indenture Supplement (Daimlerchrysler Master Owner Trust), Indenture Supplement (Daimlerchrysler Master Owner Trust)

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Payment to the Issuer. After payment in full of the Series [____] 2005-C Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series [____] 2005-A Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Wholesale Receivables LLC)

Payment to the Issuer. After payment in full of the Series [____] 2006-A Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series [____] 2005-B Notes, any amount remaining on deposit in the Interest Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Interest Funding Account is less than all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.

Appears in 1 contract

Samples: Series 2005 B Indenture Supplement (Daimlerchrysler Master Owner Trust)

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