Common use of Payments to Noteholders Clause in Contracts

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] Notes will be made pro rata based on the Stated Principal Amount of their Series [o] Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] Termination Date.

Appears in 2 contracts

Samples: Indenture Supplement (Daimlerchrysler Master Owner Trust), Indenture Supplement (Daimlerchrysler Wholesale Receivables LLC)

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Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2003-A Notes will be made pro rata based on the Stated Principal Amount of their Series [o] 2003-A Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2003-A Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2003-A Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2003-A Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 2003-A Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 2003-A Termination Date.

Appears in 2 contracts

Samples: Series 2003 a Indenture Supplement (Daimlerchrysler Master Owner Trust), Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2004-A Notes will be made pro rata based on the Stated Principal Amount of their Series [o] 2004-A Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2004-A Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2004-A Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2004-A Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 2004-A Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 2004-A Termination Date.

Appears in 2 contracts

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

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2002-B Notes will be made pro rata based on the Stated Principal Amount of their Series [o] 2002-B Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2002-B Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2002-B Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2002-B Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 2002-B Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 2002-B Termination Date.

Appears in 2 contracts

Samples: Series 2002 B Indenture Supplement (Daimlerchrysler Master Owner Trust), Series 2002 B Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o____] Notes will be made pro rata based on the Stated Principal Amount of their Series [o____] Notes. (b) Any installment of interest or principal, if any, payable on any Series [o____] Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o____] Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or Section 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o____] Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o____] Termination Date.

Appears in 2 contracts

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

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2004-B Notes will be made pro rata based on the Stated Principal Amount of their Series [o] 2004-B Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2004-B Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2004-B Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2004-B Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 2004-B Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 2004-B Termination Date.

Appears in 2 contracts

Samples: Series 2004 B Indenture Supplement (Daimlerchrysler Master Owner Trust), Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 200__ - __ Notes will be made pro rata based on the Stated Outstanding Dollar Principal Amount of their Series [o] 200__ - __ Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 200__ - __ Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 200__ - __ Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 200__ - __ Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 200__ - __ Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 200__ - __ Termination Date.

Appears in 1 contract

Samples: Indenture Supplement (CNH Wholesale Receivables Inc)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o____] Notes will be made pro rata based on the Stated Principal Amount of their Series [o____] Notes. (b) Any installment of interest or principal, if any, payable on any Series [o____] Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o____] Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b3.13(d) or 3.10(bSection --------------- ------- 3.14(d), respectively, payment shall be made by wire transfer in immediately ------- available funds to the account designated by the Issuer. (c) The right of the Series [o____] Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o____] Termination Date.

Appears in 1 contract

Samples: Indenture Supplement (Mbna Credit Card Master Note Trust)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2003-2 Notes will be made pro rata based on the Stated Outstanding Dollar Principal Amount of their Series [o] 2003-2 Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2003-2 Note which is punctually paid or duly provided for by the Servicer, Issuer and or the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be 19 SERIES 0000-0 XXXXXXXXX SUPPLEMENT paid by the Paying Agent to the Person in whose name such Series [o] 2003-2 Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2003-2 Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section SECTION 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the IssuerTransferor. (c) The right of the Series [o] 2003-2 Noteholders to receive payments from the Issuer or Transferor will terminate on the first Business Day following the Series [o] 2003-2 Termination Date.

Appears in 1 contract

Samples: Indenture Supplement (CNH Wholesale Receivables Inc)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2005-C Notes will be made pro rata based on the Stated Principal Amount of their Series [o] 2005-C Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2005-C Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2005-C Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2005-C Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 2005-C Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 2005-C Termination Date.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Master Owner Trust)

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Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2005-A Notes will be made pro rata based on the Stated Principal Amount of their Series [o] 2005-A Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2005-A Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2005-A Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2005-A Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 2005-A Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 2005-A Termination Date.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Wholesale Receivables LLC)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2002-A Notes will be made pro rata based on the Stated Principal Amount of their Series [o] 2002-A Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2002-A Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2002-A Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2002-A Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 2002-A Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 2002-A Termination Date.

Appears in 1 contract

Samples: Series 2002 a Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2003-1 Notes will be made pro rata based on the Stated Outstanding Dollar Principal Amount of their Series [o] 2003-1 Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2003-1 Note which is punctually paid or duly provided for by the Servicer, Issuer and or the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be 19 SERIES 0000-0 XXXXXXXXX SUPPLEMENT paid by the Paying Agent to the Person in whose name such Series [o] 2003-1 Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2003-1 Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section SECTION 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the IssuerTransferor. (c) The right of the Series [o] 2003-1 Noteholders to receive payments from the Issuer or Transferor will terminate on the first Business Day following the Series [o] 2003-1 Termination Date.

Appears in 1 contract

Samples: Indenture Supplement (CNH Wholesale Receivables Inc)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] Notes 2005-1 Noteholders will be made pro rata based on the Stated Outstanding Dollar Principal Amount of their Series [o] 2005-1 Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] Note 2005-1 Noteholders which is punctually paid or duly provided for by the Servicer, the Issuer and or the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2005-1 Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's ’s account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's ’s address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2005-1 Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the IssuerTransferor. (c) The right of the Series [o] 2005-1 Noteholders to receive payments from the Issuer or Transferor will terminate on the first Business Day following the Series [o] 2005-1 Termination Date.

Appears in 1 contract

Samples: Indenture Supplement (CNH Wholesale Receivables LLC)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2006-A Notes will be made pro rata based on the Stated Principal Amount of their Series [o] 2006-A Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2006-A Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2006-A Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] 2006-A Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 2006-A Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 2006-A Termination Date.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Master Owner Trust)

Payments to Noteholders. (a) All payments of principal, interest or other amounts to Holders of the Series [o] 2002-A Notes will be made pro rata based on the Stated Principal Amount of their Series [o] 2002-A Notes. (b) Any installment of interest or principal, if any, payable on any Series [o] 2002-A Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Series [o] 2002-A Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person's account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date, except that (i) with respect to Series [o] Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee and (ii) with regard to any payments of interest or principal made pursuant to Section 3.09(b) or Section 3.10(b), respectively, payment shall be made by wire transfer in immediately available funds to the account designated by the Issuer. (c) The right of the Series [o] 2002-A Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Series [o] 2002-A Termination Date.

Appears in 1 contract

Samples: Indenture Supplement (Daimlerchrysler Master Owner Trust)

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