Common use of Payments; Statements Clause in Contracts

Payments; Statements. On each Payment Date, unless the Notes have been declared due and payable pursuant to Section 5.02 hereof and moneys collected by the Indenture Trustee are being applied in accordance with Section 5.07 hereof, Available Funds on deposit in the Payment Account on any Payment Date or Redemption Date shall be withdrawn from such Payment Account, in the amounts required (based on the Noteholder Statement prepared by the Servicer on or before such Payment Date), for application on such Payment Date in respect of payments for the Notes as follows:

Payments; Statements. On each Payment Date, unless the Notes have been declared due and payable pursuant to Section 5.02 hereof and moneys collected by the Indenture Trustee are being applied in accordance with Section 5.07 hereof, Available Funds on deposit in the Payment Account on any Payment Date or Redemption Date shall be withdrawn from such Payment Account, in the amounts required (based on the Noteholder Statement prepared by the Servicer Indenture Trustee on or before such Payment Date), for application on such Payment Date in respect of payments for the Notes as follows:

Payments; Statements. On each Payment Date, unless the Notes have been declared due and payable pursuant to Section 5.02 hereof and moneys collected by the Indenture Trustee are being applied in accordance with Section 5.07 hereof, Available Funds on deposit in the each Payment Account on any Payment Date or Redemption Date shall be withdrawn from such Payment Account, in the amounts required (based solely on the Noteholder Statement prepared by Servicer Remittance Report delivered to the Servicer Indenture Trustee on or before such Payment Date), for application on such Payment Date in respect of payments for the Notes as follows:

Payments; Statements. On each Payment Date, unless the Notes have been declared due and payable pursuant to Section 5.02 hereof and moneys collected by the Indenture Trustee are being applied in accordance with Section 5.07 hereof, Available Funds on deposit in the each Payment Account on any Payment Date or Redemption Date shall be withdrawn from such Payment Account, in the amounts required (based solely on the Noteholder Statement prepared by Servicer's Remittance Report delivered to the Servicer Indenture Trustee on or before such Payment Date), for application on such Payment Date in respect of payments for the related Class of Notes as follows:

Payments; Statements. On each Payment Date, unless the Notes have been declared due and payable pursuant to Section 5.02 hereof and moneys collected by the Indenture Trustee are being applied in accordance with Section 5.07 hereof, Available Funds on deposit in the each Payment Account on any Payment Date or Redemption Date shall be withdrawn from such Payment Account, in the amounts required (based on the Noteholder Statement 44 prepared by the Servicer Indenture Trustee on or before such Payment Date), for application on such Payment Date in respect of payments for the related Class of Notes as follows: