Series Account. The Issuer shall establish on the Closing Date and maintain, so long as any Series 2009-1 Note is Outstanding, an Eligible Account in the name of the Issuer with the Indenture Trustee which shall be designated as the Series 2009-1 Series Account, which account shall be pledged to the Indenture Trustee pursuant to the Indenture for the benefit of the Series 2009-1 Noteholders and any Hedge Counterparty. The Series 2009-1 Series Account shall only be relocated to another financial institution in accordance with the express provisions of Section 303(d) of the Indenture. All deposits of funds by, or for the benefit of, the Series 2009-1 Noteholders from the Trust Account and the Restricted Cash Account, shall be accumulated in, and withdrawn from, the Series 2009-1 Series Account in accordance with the provisions of the Indenture and this Supplement.
Series Account. The Issuer shall establish on the 2010-1 Closing Date and maintain, so long as any Series 2010-1 Note is Outstanding, an Eligible Account in the name of the Issuer with the Indenture Trustee which shall be designated as the Series 2010-1 Series Account, which account shall be pledged to the Indenture Trustee for the benefit of the Series 2010-1 Noteholders pursuant to the Indenture and this Supplement. All deposits of funds by or for the benefit of the Series 2010-1 Noteholders from the Trust Account and the Restricted Cash Account, shall be accumulated in, and withdrawn from, the Series 2010-1 Series Account in accordance with the provisions of the Indenture and this Supplement.
Series Account. On each Payment Date, the Indenture Trustee shall distribute funds then on deposit in the Series 2008-1 Series Account in accordance with the provisions of one of subsection (I), (II) and (III) of this Section 302.
Series Account. On each Payment Date (to the extent sufficient cleared and immediately available funds are available in the 2021-1 Series Account), the Indenture Trustee, as specified in the related Payment Date Schedule with respect to the Flow of Funds, shall distribute funds then on deposit in the 2021-1 Series Account to the Series 2021-1 Noteholders in accordance with Section 3.11 of the Master Indenture.
Series Account. The Issuer shall establish on the 2006-1 Closing Date and maintain, so long as any Series 2006-1 Note is Outstanding, an Eligible Account in the name of the Issuer with the Indenture Trustee which shall be designated as the Series 2006-1 Series Account, which account shall be pledged to the Indenture Trustee for the benefit of the Series 2006-1 Noteholders and the Series Enhancer pursuant to the Indenture and this Supplement. All deposits of funds by or for the benefit of the Series 2006-1 Noteholders from the Trust Account, the Restricted Cash Account and the Temporary Loss Account, shall be accumulated in, and withdrawn from, the Series 2006-1 Series Account in accordance with the provisions of the Indenture and this Supplement.
Series Account. The Issuer shall establish on the Closing Date and maintain in the name of the Indenture Trustee, so long as any Series 2001-1 Note is Outstanding, an Eligible Account at Wellx Xxxgo Bank Minnesota, National Association which shall be designated as the Series 2001-1 Series Account, which account shall be held by the Indenture Trustee for the benefit of the Series 2001-1 Noteholders pursuant to the Indenture and this Supplement. All deposits of funds by or for the benefit of the Series 2001-1 Noteholders from the Trust Account shall be accumulated in, and withdrawn from, the Series 2001-1 Series Account in accordance with the provisions of the Indenture and this Supplement. Section 302. Distributions from Series 2001-1 Series Account . On each Payment Date, the Indenture Trustee shall distribute funds then on deposit in the Series 2001-1 Series Account in accordance with the priorities set forth below:
Series Account. The Indenture Trustee shall establish on the Closing Date pursuant to Sections 3.01 and 3.07 of the Master Indenture and shall maintain, so long as any Series 2022-1 Note is Outstanding, an Indenture Account which shall be designated as the “2022-1 Series Account,” which account shall be held in the name of the Indenture Trustee for the benefit of the Series 2022-1 Noteholders, and which account constitutes a Series Account for the Series 2022-1 Notes for all purposes under the Master Indenture. All deposits of funds for the benefit of the Series 2022-1 Noteholders from the Collections Account and the Liquidity Reserve Account shall be accumulated in, and withdrawn from, the 2022-1 Series Account in accordance with the provisions of the Series 2000-0
Series Account. The Issuer shall establish on the Effective Date and maintain, so long as any Series 1997-1 Note is Outstanding, an Eligible Account with the Indenture Trustee which shall be designated as the Series 1997-1 Series Account, which account is hereby pledged to the Indenture Trustee for the benefit of the Series 1997-1 Noteholders pursuant to the Indenture and this Supplement. All deposits of funds by or for the benefit of the Series 1997-1 Noteholders from the Trust Account and the Series 1997-1 Restricted Cash Account shall be accumulated in, and withdrawn from, the Series 1997-1 Series Account in accordance with the provisions of the Indenture and this Supplement. Section 302. DISTRIBUTIONS FROM SERIES 1997-1 SERIES ACCOUNT ON EACH PAYMENT DATE. On each Payment Date, the Indenture Trustee shall, in accordance with the Servicer Report, distribute funds then on deposit in the Series 1997-1 Series Account to the following Persons and in the following order of priority:
Series Account. 2 4.1 Series Account..................................................................................2 4.2 Changes within the Series Account...............................................................9
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