Common use of Payment to the Issuer Clause in Contracts

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less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.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

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less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.

Appears in 2 contracts

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

Payment to the Issuer. Upon payment in full of the Series 2003-A [o] Notes, any remaining amount on deposit in the Principal Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Principal Funding Account is less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.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. Upon payment in full of the Series 20032004-A B Notes, any remaining amount on deposit in the Principal Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Principal Funding Account is less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective 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. Upon payment in full of the Series 20032002-A B Notes, any remaining amount on deposit in the Principal Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Principal Funding Account is less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective 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. Upon payment in full of the Series 20032002-A Notes, any remaining amount on deposit in the Principal Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Principal Funding Account is less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective 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)

Payment to the Issuer. Upon payment in full of the Series 20032004-A Notes, any remaining amount on deposit in the Principal Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Principal Funding Account is less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.

Appears in 2 contracts

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

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Payment to the Issuer. Upon payment in full of the Series 20032006-A Notes, any remaining amount on deposit in the Principal Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Principal Funding Account is less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. Upon payment in full of the Series 20032005-A C Notes, any remaining amount on deposit in the Principal Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Principal Funding Account is less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. Upon payment in full of the Series 20032005-A Notes, any remaining amount on deposit in the Principal Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Principal Funding Account is less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Wholesale Receivables LLC)

Payment to the Issuer. Upon payment in full of the Series 20032005-A B Notes, any remaining amount on deposit in the Principal Funding Account will be paid to the Issuer. If the aggregate amount available for withdrawal from the Principal Funding Account is less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.

Appears in 1 contract

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

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