Common use of SELECTION OF NOTES TO RECEIVE PAYMENTS OF PRINCIPAL Clause in Contracts

SELECTION OF NOTES TO RECEIVE PAYMENTS OF PRINCIPAL. With respect to the Class of Notes entitled to receive payments of principal the actual Notes of such Class that will receive payments of principal on each applicable Note Distribution Date will be selected no later than 15 days prior to the related Note Distribution Date by the Securities Depository, pursuant to the Note Depository Agreement entered into with respect to the Series 1997-1 Notes, by lot in such manner as the Securities Depository in its discretion may determine and which may provide for the selection for payment of principal in minimum denominations of $50,000, and integral multiples in excess thereof. Notice of the specific Notes to receive payments of principal is to be given by the Indenture Trustee by first-class mail, postage prepaid, mailed not less than 15 days but no more than 30 days before the applicable Note Distribution Date at the address of the applicable Noteholder appearing on the registration books. Any defect in or failure to give such mailed notice shall not affect the validity of proceedings for the payment of any other Notes not affected by such failure or defect. All notices of payment are to state: (i) the applicable Note Distribution Date; (ii) the amount of principal to be paid, and (iii) the Class of the Notes to be paid. The Indenture Trustee shall notify in writing, substantially in the form of Exhibit D to the Auction Agent Agreement, the Auction Agent when any notice of principal payment of Notes is sent to the Securities Depository not later than 11:00 a.m., on the date such notice is sent.

SELECTION OF NOTES TO RECEIVE PAYMENTS OF PRINCIPAL. With respect to the Class Series of Notes entitled to receive payments of principal principal, the actual specific Notes of such Class Series that will receive payments of principal on each applicable Note Distribution Interest Payment Date will be selected no later than 15 days prior to the related Note Distribution Series Payment Date by the Securities Depository, pursuant to the Note Depository Agreement entered into with respect to the Series 1997-1 1998 Notes, by lot in such manner as the Securities Depository in its discretion may determine and which may provide for the selection for payment of principal in minimum denominations of $50,000, and integral multiples in excess thereof. Notice of the specific Notes to receive payments of principal is to be given by the Indenture Trustee by first-class mail, postage prepaid, mailed not less than 15 days but no more than 30 days before the applicable Note Distribution Interest Payment Date at the address of the applicable Noteholder Note Owner appearing on the registration books. Any defect in or failure to give such mailed notice shall not affect the validity of proceedings for the payment of any other Notes not affected by such failure or defect. All notices of payment are to state: (i) the applicable Note Distribution Series Payment Date; (ii) the amount of principal to be paid, and (iii) the Class specific Notes of the Notes such Series to be paid. The Indenture Trustee shall notify in writing, substantially in the form of Exhibit D to the Auction Agent Agreement, the Auction Agent when any notice of principal payment of Notes is sent to the Securities Depository not later than 11:00 a.m., on the date such notice is sent.

SELECTION OF NOTES TO RECEIVE PAYMENTS OF PRINCIPAL. With respect to the Class a Series of Notes entitled to receive payments of principal principal, the actual specific Notes of such Class Series that will receive payments of principal on each applicable Note Distribution Interest Payment Date will be selected no later than 15 days prior to the related Note Distribution Series Payment Date by the Securities Depository, pursuant to the Note Depository Agreement entered into with respect to the Series 1997-1 Notes, by lot in such manner as the Securities Depository in its discretion may determine and which may provide for the selection for payment of principal in minimum denominations of $50,000, and integral multiples in excess thereof. Notice of the specific Notes to receive payments of principal is to be given by the Indenture Trustee by first-class mail, postage prepaid, mailed not less than 15 days but no more than 30 days before the applicable Note Distribution Interest Payment Date at the address of the applicable Noteholder Note Owner appearing on the registration books. Any defect in or failure to give such mailed notice shall not affect the validity of proceedings for the payment of any other Notes not affected by such failure or defect. All notices of payment are to state: (i) the applicable Note Distribution Series Payment Date; (ii) the amount of principal to be paid, and (iii) the Class specific Notes of the Notes such Series to be paid. The Indenture Trustee shall notify in writing, substantially in the form of Exhibit D to the Auction Agent Agency Agreement, the Auction Agent when any notice of principal payment of Notes is sent to the Securities Depository not later than 11:00 a.m., on the date such notice is sent.

SELECTION OF NOTES TO RECEIVE PAYMENTS OF PRINCIPAL. With respect to the Class Series of Notes entitled to receive payments of principal principal, the actual specific Notes of such Class Series that will receive payments of principal on each applicable Note Distribution Interest Payment Date will be selected no later than 15 days prior to the related Note Distribution Series Payment Date by the Securities Depository, pursuant to the Note Depository Agreement entered into with respect to the Series 19972000-1 I Notes, by lot in such manner as the Securities Depository in its discretion may determine and which may provide for the selection for payment of principal in minimum denominations of $50,000, and integral multiples in excess thereof. Notice of the specific Notes to receive payments of principal is to be given by the Indenture Trustee by first-class mail, postage prepaid, mailed not less than 15 days but no more than 30 days before the applicable Note Distribution Interest Payment Date at the address of the applicable Noteholder Note Owner appearing on the registration books. Any defect in or failure to give such mailed notice shall not affect the validity of proceedings for the payment of any other Notes not affected by such failure or defect. All notices of payment are to state: state (i) the applicable Note Distribution Series Payment Date; , (ii) the amount of principal to be paid, paid and (iii) the Class specific Notes of the Notes such Series to be paid. The Indenture Trustee shall notify in writing, substantially in the form of Exhibit D to the Auction Agent Agency Agreement, the Auction Agent when any notice of principal payment of Notes is sent to the Securities Depository not later than 11:00 a.m., on the date such notice is sent.

SELECTION OF NOTES TO RECEIVE PAYMENTS OF PRINCIPAL. With respect to the Class Series of Notes entitled to receive payments of principal principal, the actual specific Notes of such Class Series that will receive payments of principal on each applicable Note Distribution Interest Payment Date will be selected no later than 15 days prior to the related Note Distribution Series Payment Date by the Securities Depository, pursuant to the Note Depository Agreement entered into with respect to the Series 1997-1 Notes1999, Notes by lot in such manner as the Securities Depository in its discretion may determine and which may provide for the selection for payment of principal in minimum denominations of $50,000, and integral multiples in excess thereof. Notice of the specific Notes to receive payments of principal is to be given by the Indenture Trustee by first-class mail, postage prepaid, mailed not less than 15 days but no more than 30 days before the applicable Note Distribution Interest Payment Date at the address of the applicable Noteholder Note Owner appearing on the registration books. Any defect in or failure to give such mailed notice shall not affect the validity of proceedings for the payment of any other Notes not affected by such failure or defect. All notices of payment are to state: state (i) the applicable Note Distribution Series Payment Date; , (ii) the amount of principal to be paid, and (iii) the Class specific Notes of the Notes such Series to be paid. The Indenture Trustee shall notify in writing, substantially in the form of Exhibit D to the Auction Agent Agency Agreement, the Auction Agent when any notice of principal payment of Notes is sent to the Securities Depository not later than 11:00 a.m., 11: 00 a.m. on the date such notice is sent.

SELECTION OF NOTES TO RECEIVE PAYMENTS OF PRINCIPAL. With respect to the Class Series of Notes entitled to receive payments of principal principal, the actual specific Notes of such Class Series that will receive payments of principal on each applicable Note Distribution Interest Payment Date will be selected no later than 15 days prior to the related Note Distribution Series Payment Date by the Securities Depository, pursuant to the Note Depository Agreement entered into with respect to the Series 19971999-1 I Notes, by lot in such manner as the Securities Depository in its discretion may determine and which may provide for the selection for payment of principal in minimum denominations of $50,000, and integral multiples in excess thereof. Notice of the specific Notes to receive payments of principal is to be given by the Indenture Trustee by first-class mail, postage prepaid, mailed not less than 15 days but no more than 30 days before the applicable Note Distribution Interest Payment Date at the address of the applicable Noteholder Note Owner appearing on the registration books. Any defect in or failure to give such mailed notice shall not affect the validity of proceedings for the payment of any other Notes not affected by such failure or defect. All notices of payment are to state: (i) the applicable Note Distribution Series Payment Date; (ii) the amount of principal to be paid, and (iii) the Class specific Notes of the Notes such Series to be paid. The Indenture Trustee shall notify in writing, substantially in the form of Exhibit D to the Auction Agent Agency Agreement, the Auction Agent when any notice of principal payment of Notes is sent to the Securities Depository not later than 11:00 a.m., on the date such notice is sent.

SELECTION OF NOTES TO RECEIVE PAYMENTS OF PRINCIPAL. With respect to the Class Series of Notes entitled to receive payments of principal principal, the actual specific Notes of such Class Series that will receive payments of principal on each applicable Note Distribution Interest Payment Date will be selected no later than 15 days prior to the related Note Distribution Series Payment Date by the Securities Depository, pursuant to the Note Depository Agreement entered into with respect to the Series 1997-1 2000 Notes, by lot in such manner as the Securities Depository in its discretion may determine and which may provide for the selection for payment of principal in minimum denominations of $50,000, and integral multiples in excess thereof. Notice of the specific Notes to receive payments of principal is to be given by the Indenture Trustee by first-class mail, postage prepaid, mailed not less than 15 days but no more than 30 days before the applicable Note Distribution Interest Payment Date at the address of the applicable Noteholder Note Owner appearing on the registration books. Any defect in or failure to give such mailed notice shall not affect the validity of proceedings for the payment of any other Notes not affected by such failure or defect. All notices of payment are to state: (i) the applicable Note Distribution Series Payment Date; , (ii) the amount of principal to be paid, and (iii) the Class specific Notes of the Notes such Series to be paid. The Indenture Trustee shall notify in writing, substantially in the form of Exhibit D to the Auction Agent Agency Agreement, the Auction Agent when any notice of principal payment of Notes is sent to the Securities Depository not later than 11:00 a.m., on the date such notice is sent.