Common use of Payments from the Payment Account Clause in Contracts

Payments from the Payment Account. (a) The Indenture Trustee shall deposit into the Payment Account, without duplication, upon receipt, (i) the proceeds of any liquidation of the assets of the Issuer and (ii) the Total Distribution Amount remitted by the Servicer together with any Substitution Amounts, and any Loan Purchase Price amounts received by the Indenture Trustee.

Payments from the Payment Account. (a) The Indenture Trustee shall deposit into the Payment Account, without duplication, upon receipt, (i) the proceeds of any liquidation of the assets of the Issuer and Issuer, (ii) the Total Distribution Servicer Remittance Amount remitted by the Servicer together with any Substitution Amounts, and any Loan Purchase Price amounts received by the Indenture TrusteeTrustee and (iii) amounts withdrawn from the Pre-Funding Accounts pursuant to Section 5.01 for deposit into the Payment Account.

Payments from the Payment Account. (a) The Indenture Trustee shall deposit into the Payment Account, without duplication, upon receipt, (i) the proceeds of any liquidation of the assets of the Issuer and Issuing Entity, (ii) the Total Distribution Servicer Remittance Amount remitted by the Servicer together with any Substitution Amounts, and any Loan Purchase Price amounts received by the Indenture TrusteeTrustee and (iii) amounts withdrawn from the Pre-Funding Accounts pursuant to Section 5.01 for deposit into the Payment Account.

Payments from the Payment Account. (a) The Indenture Trustee shall deposit into the Payment Account, without duplication, upon receipt, (i) the proceeds of any liquidation of the assets of the Issuer and (ii) the Total Distribution Amount remitted by the Master Servicer together with any Substitution Amounts, and any Loan Purchase Price amounts received by the Indenture Trustee.

Payments from the Payment Account. (a) The Indenture Trustee shall deposit into the Payment Account, without duplication, upon receipt, (i) the proceeds of any liquidation of the assets of the Issuer and Issuer, (ii) the Total Distribution Servicer Remittance Amount remitted by the Servicer together with any Substitution Amounts, and any Loan Purchase Price amounts received by the Indenture TrusteeTrustee and (iii) amounts withdrawn from the Pre-Funding Account pursuant to Section 5.01 for deposit into the Payment Account.