Common use of Payment to the Issuer Clause in Contracts

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all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.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: Pooling and Servicing Agreement (Daimlerchrysler Master Owner Trust), Daimlerchrysler Master Owner Trust

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Payment to the Issuer. After payment in full of the Series 2003-A [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all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.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: Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Daimlerchrysler Master Owner Trust

Payment to the Issuer. After payment in full of the Series 20032004-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all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.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: Daimlerchrysler Master Owner Trust, 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all withdrawals required to be made from the Interest Funding Account, then the aggregate amount on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the respective amounts of the withdrawals required to be made.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: Pooling and Servicing Agreement (Carco Auto Loan Master Trust), Indenture (Daimlerchrysler Wholesale Receivables LLC)

Payment to the Issuer. After payment in full of the Series 20032004-A 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: Execution Copy (Daimlerchrysler Master Owner Trust), Daimlerchrysler Master Owner Trust

Payment to the Issuer. After payment in full of the Series 20032002-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 (Daimlerchrysler Master Owner Trust), Indenture (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series 20032002-A 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: Pooling and Servicing Agreement (Daimlerchrysler Master Owner Trust), Daimlerchrysler Master Owner Trust

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Payment to the Issuer. After payment in full of the Series 20032005-A 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 (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series 20032005-A 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: Indenture (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series 20032006-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: Purchase Agreement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. After payment in full of the Series 20032005-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 (Daimlerchrysler Wholesale Receivables LLC)

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