Principal Fund. The Trustee, on each Principal Payment Date and Mandatory Sinking Account Payment Date, shall deposit in each account within the Principal Fund that amount of moneys evidencing the portion of the Base Rental Payments designated as the principal component coming due on such Principal Payment Date or Mandatory Sinking Account Payment Date with respect to the corresponding Series of Certificates.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement
Principal Fund. The Trustee, on each Principal Payment Date and each Mandatory Sinking Account Payment Date, shall deposit in each account within the Principal Fund that amount of moneys evidencing representing the portion of the Base Rental Payments designated as the principal component coming due on such Principal Payment Date or Mandatory Sinking Account Payment Date. On each Principal Payment Date with respect and each Mandatory Sinking Account Payment Date, the Trustee shall withdraw from the Principal Fund, for payment to the corresponding Series of CertificatesOwners, the principal evidenced by the Certificates due and payable on such Principal Payment Date or upon earlier prepayment from Mandatory Sinking Account Payments.
Appears in 1 contract
Samples: Trust Agreement
Principal Fund. The Trustee, on each Principal Payment Date and each Mandatory Sinking Account Payment Date, shall deposit in each account within the Principal Fund that amount of moneys evidencing representing the portion of the Base Rental Payments designated as the principal component components coming due on such Principal Payment Date or Mandatory Sinking Account Payment Date. On each Principal Payment Date with respect and each Mandatory Sinking Account Payment, the Trustee shall withdraw from the Principal Fund for payment to the corresponding Series Owners of Certificatesthe Certificates the principal evidenced by the Certificates due and payable on such Principal Payment Date or upon earlier prepayment from Mandatory Sinking Account Payments.
Appears in 1 contract
Samples: Trust Agreement