Common use of Series Account Clause in Contracts

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of, the Series 2009-1 Noteholders from the Trust Account and the Restricted Cash Account, shall be accumulated in, and withdrawn from, the Series 2009-1 Series Account in accordance with the provisions of the Indenture and this Supplement.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 Closing Date and maintain, so long as any Series 20092011-1 Note is Outstanding, an Eligible Account in the name of the Issuer with the Indenture Trustee which shall be designated as the Series 20092011-1 Series Account, which account shall be pledged to the Indenture Trustee pursuant to the Indenture for the benefit of the Series 20092011-1 Noteholders and any Hedge Counterparty. The Series 20092011-1 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 in the Series 2011-1 Series Account by, or for the benefit of, the Series 20092011-1 Noteholders from the Trust Account and the Restricted Cash Account, shall be accumulated in, and withdrawn from, the Series 20092011-1 Series Account in accordance with the provisions of the Indenture and this Supplement.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, so long as any Series 20092008-1 Note is Outstanding, an Eligible Account in the name of the Issuer with the Indenture Trustee which shall be designated as the Series 20092008-1 Series Account, which account shall be pledged to the Indenture Trustee pursuant to the Indenture for the benefit of the Series 20092008-1 Noteholders and any Hedge Counterparty. The Series 20092008-1 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 20092008-1 Noteholders from the Trust Account and the Restricted Cash AccountAccount (if such account has been opened), shall be accumulated in, and withdrawn from, the Series 20092008-1 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, so long as any Series 20092005-1 Note is Outstanding, an Eligible Account in the name of the Issuer with the Indenture Trustee which shall be designated as the Series 20092005-1 Series Account, which account shall be pledged to the Indenture Trustee pursuant to the Indenture for the benefit of the Series 20092005-1 Noteholders Noteholders, the Series Enhancer and any Hedge Counterparty. The Series 20092005-1 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 20092005-1 Noteholders from the Trust Account, the Restricted Cash Account and the Restricted Cash Temporary Loss Account, shall be accumulated in, and withdrawn from, the Series 20092005-1 Series Account in accordance with the provisions of the Indenture and this Supplement.