Common use of Payment to the Issuer Clause in Contracts

Payment to the Issuer. Upon payment in full of the Series 2004-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less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.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: Daimlerchrysler Master Owner Trust, Daimlerchrysler Master Owner Trust

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Payment to the Issuer. Upon payment in full of the Series 2004-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less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.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: Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Daimlerchrysler Master Owner Trust

Payment to the Issuer. Upon payment in full of the Series 2004-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less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.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: Pooling and Servicing Agreement (Carco Auto Loan Master Trust), Indenture (Daimlerchrysler Wholesale Receivables LLC)

Payment to the Issuer. Upon payment in full of the Series 20042003-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less than all withdrawals required to be made from that Principal Funding Account, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the respective withdrawals required to be made.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: Pooling and Servicing Agreement (Daimlerchrysler Master Owner Trust), Daimlerchrysler Master Owner Trust

Payment to the Issuer. Upon payment in full of the Series 20042002-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 (Daimlerchrysler Master Owner Trust), Indenture (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. Upon payment in full of the Series 2004-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: Execution Copy (Daimlerchrysler Master Owner Trust), Daimlerchrysler Master Owner Trust

Payment to the Issuer. Upon payment in full of the Series 20042002-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: Pooling and Servicing Agreement (Daimlerchrysler Master Owner Trust), Daimlerchrysler Master Owner Trust

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Payment to the Issuer. Upon payment in full of the Series 20042005-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 (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. Upon payment in full of the Series 20042005-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 (Daimlerchrysler Wholesale Receivables LLC)

Payment to the Issuer. Upon payment in full of the Series 20042005-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: Indenture (Daimlerchrysler Master Owner Trust)

Payment to the Issuer. Upon payment in full of the Series 20042006-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: Purchase Agreement (Daimlerchrysler Master Owner Trust)

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