Common use of [Revolving Account] Clause in Contracts

[Revolving Account]. (a) [On each Distribution Date during the Revolving Period, the Trust Collateral Agent will deposit, on behalf of and at the written direction of the Seller, in the Revolving Account an amount equal to the Noteholders’ Principal Distributable Amount plus an amount necessary to build and or maintain the Required Revolving Pool Balance. (b) On each Subsequent Transfer Date, the Servicer shall instruct the Trust Collateral Agent in writing to withdraw from the Revolving Account an amount equal to the Principal Balance of the Subsequent Receivables transferred to the Issuer on such Subsequent Transfer Date and, upon satisfaction of the conditions set forth in this Agreement with respect to such transfer, to distribute such amount to or upon the order of the Seller. (c) On each Distribution Date, the Servicer will instruct the Trust Collateral Agent to transfer to the Collection Account, any amounts on deposit in the Revolving Account, after giving effect to all deposits to and distributions from the Revolving Account on such Distribution Date, in excess of the amounts required to purchase Subsequent Receivables to maintain the Required Revolving Pool Balance. (d) If funds remain on deposit in the Revolving Account on the date on which the Revolving Period ends the Servicer shall instruct the Trust Collateral Agent in writing to withdraw from the Revolving Account on the Mandatory Redemption Date the Revolving Account Amount and deposit an amount equal to the Note Prepayment Amount in the Note Distribution Account.]

[Revolving Account]. (a) [On each Distribution Date during the Revolving Period, the Trust Collateral Agent will deposit, on behalf of and at the written direction of the Seller, in the Revolving Account an amount equal to the Noteholders’ Principal Distributable Amount plus an amount necessary to build and or maintain the Required Revolving Pool Balance. (b) On each Subsequent Transfer Date, the Servicer shall instruct the Trust Collateral Agent in writing to withdraw from the Revolving Account an amount equal to the Principal Balance of the Subsequent Receivables transferred to the Issuer on such Subsequent Transfer Date and, upon satisfaction of the conditions set forth in this Agreement with respect to such transfer, to distribute such amount to or upon the order of the Seller. (c) On each Distribution Date, the Servicer will instruct the Trust Collateral Agent (based on information contained in the Preliminary Servicer’s Certificate) to transfer to the Collection Account, any amounts on deposit in the Revolving Account, after giving effect to all deposits to and distributions from the Revolving Account on such Distribution Date, in excess of the amounts required to purchase Subsequent Receivables to maintain the Required Revolving Pool Balance. (d) If funds remain on deposit in the Revolving Account on the date on which the Revolving Period ends the Servicer shall instruct the Trust Collateral Agent in writing to withdraw from the Revolving Account on the Mandatory Redemption Date the Revolving Account Amount and deposit an amount equal to the Note Prepayment Amount in the Note Distribution Account.]