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.

Appears in 7 contracts

Samples: Sale and Servicing (Afs Sensub Corp.), Sale and Servicing (Afs Sensub Corp.), Sale and Servicing (Afs Sensub Corp.)

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[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.

Appears in 1 contract

Samples: Sale and Servicing (AFS SenSub Corp.)

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