Common use of Sale of Certificateholders' Interest Pursuant to Section 2 Clause in Contracts

Sale of Certificateholders' Interest Pursuant to Section 2. 03 of the Agreement; Distributions Pursuant to Section 7.01 of this Series Supplement or Section 2.03 or 12.02(c) of the Agreement. (a) The amount to be paid by the Seller to the Collection Account with respect to Series 1996-1 in connection with a purchase of the Series 1996-1 Certificateholders' Interest pursuant to Section 2.03 of the Agreement shall equal the Reassignment Amount for the Distribution Date on which such repurchase occurs.

Appears in 1 contract

Samples: Carco Auto Loan Master Trust

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Sale of Certificateholders' Interest Pursuant to Section 2. 03 of the Agreement; Distributions Pursuant to Section 7.01 of this the Series Supplement or Section 2.03 or 12.02(c) of the Agreement. (a) The amount to be paid by the Seller to the Collection Account with respect to Series 1996-1 2 in connection with a purchase of the Series 1996-1 Certificateholders' Interest pursuant to Section 2.03 of the Agreement shall equal the Reassignment Amount for the Distribution Date on which such repurchase occurs.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ford Credit Auto Loan Master Trust)

Sale of Certificateholders' Interest Pursuant to Section 2. 03 of the Agreement; Distributions Pursuant to Section 7.01 of this Series Supplement or Section 2.03 or 12.02(c) of the Agreement. (a) The amount to be paid by the Seller to the Collection Account with respect to Series 1996-1 2 in connection with a purchase of the Series 1996-1 2 Certificateholders' Interest pursuant to Section 2.03 of the Agreement shall equal the Reassignment Amount for the Distribution Date on which such repurchase occurs.

Appears in 1 contract

Samples: Carco Auto Loan Master Trust

Sale of Certificateholders' Interest Pursuant to Section 2. 03 3 of the Agreement; Distributions Payments Pursuant to Section 7.01 7.1 of this Series Supplement or Section 2.03 2.3 or 12.02(c12.2(c) of the Agreement. (a) The amount to be paid by the Seller Transferor to the Collection Account with respect to Series 19962003-1 in connection with a purchase of the Series 1996-1 Certificateholders' Interest pursuant to Section 2.03 2.3 of the Agreement shall equal the Reassignment Amount for the Distribution Payment Date on which such repurchase occurs.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CDF Financing LLC)

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Sale of Certificateholders' Interest Pursuant to Section 2. 03 of the Agreement; Distributions Pursuant to Section 7.01 of this Series Supplement or Section 2.03 or 12.02(c) of the Agreement. (a) The amount to be paid by the Seller to the Collection Account with respect to Series 19961998-1 in connection with a purchase of the Series 19961998-1 Certificateholders' Interest pursuant to Section 2.03 of the Agreement shall equal the Reassignment Amount for the Distribution Date on which such repurchase occurs.

Appears in 1 contract

Samples: Conformed Copy (Carco Auto Loan Master Trust)

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