Series 2007-A Pay Out Events Sample Clauses

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Series 2007-A Pay Out Events. If any one of the following events shall occur with respect to the Series 2007-A Notes:

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Related to Series 2007-A Pay Out Events

• Pay Out Events If any one of the following events shall occur with respect to the Series 2023-4 Certificates:

• Amortization Events The occurrence of any one or more of the following events shall constitute an Amortization Event:

• Amortization Events or Potential Amortization Events The occurrence of each Amortization Event and each Potential Amortization Event, by a statement of an Authorized Officer of such Seller Party.

• Rapid Amortization Events If any one of the following events occurs during the Managed Amortization Period:

• Servicer Termination Events The following events will each be a “Servicer Termination Event”:

• Early Amortization Events If any one of the following events shall occur:

• Excess Spread; Excess Finance Charge Collections The Servicer shall apply, or shall cause the Trustee to apply by written instruction to the Trustee, on each Distribution Date, Excess Spread and Excess Finance Charge Collections allocated to Series 1997-1 with respect to the related Monthly Period, to make the following distributions or deposits in the following order of priority:

• Servicer Termination Event For purposes of this Agreement, each of the following shall constitute a “Servicer Termination Event”:

• Master Servicer Events of Default Each of the following shall constitute a "Master Servicer Event of Default":

• Application of Available Finance Charge Collections and Available Principal Collections On or before each Transfer Date, the Servicer shall instruct the Indenture Trustee in writing (which writing shall be substantially in the form of Exhibit B) to withdraw and the Indenture Trustee, acting in accordance with such instructions, shall withdraw on such Transfer Date or related Distribution Date, as applicable, to the extent of available funds, the amount required to be withdrawn from the Finance Charge Account, the Principal Account, the Principal Accumulation Account and the Distribution Account as follows: