Common use of Subordination of Certain Termination Payments Clause in Contracts

Subordination of Certain Termination Payments. Notwithstanding anything contained in subsection 12.02(c) of the Agreement, upon the sale of Receivables or interests therein as provided in Section 12.02(c) of the Agreement, the net proceeds of any such sale payable to the Series 1999-Y Certificates shall be paid pro rata to the Class A Certificates and then to the --- ---- Collateral Interest Holder for application pursuant to the terms of the Loan Agreement.

Subordination of Certain Termination Payments. Notwithstanding anything contained in subsection 12.02(c) of the Agreement, upon the sale of Receivables or interests therein as provided in Section 12.02(c) of the Agreement, the net proceeds of any such sale payable to the Series 1999-Y X Certificates shall be paid pro rata to the Class A Certificates and then to the --- ---- Collateral Interest Holder for application pursuant to the terms of the Loan Agreement.

Subordination of Certain Termination Payments. Notwithstanding anything contained in subsection 12.02(c) of the Agreement, upon the sale of 49 Receivables or interests therein as provided in Section 12.02(c) of the Agreement, the net proceeds of any such sale payable to the Series 19991997-Y T Certificates shall be paid pro rata to the Class A Certificates and then to the --- ---- Collateral Interest Holder for application pursuant to the terms of the Loan Agreement.

Subordination of Certain Termination Payments. Notwithstanding anything contained in subsection 12.02(c) of the Agreement, upon the sale of Receivables or interests therein as provided in Section 12.02(c) of the Agreement, the net proceeds of any such sale payable to the Series 19991996-Y R Certificates shall be paid pro rata to the Class A Certificates and then to the --- ---- Collateral Interest Holder for application pursuant to the terms of the Loan Agreement.

Subordination of Certain Termination Payments. Notwithstanding anything contained in subsection 12.02(c) of the Agreement, upon the sale of Receivables or interests therein as provided in Section 12.02(c) of the Agreement, the net proceeds of any such sale payable to the Series 19991998-Y V Certificates shall be paid pro rata to the Class A Certificates and then to the --- ---- Collateral Interest Holder for application pursuant to the terms of the Loan Agreement.

Subordination of Certain Termination Payments. Notwithstanding anything contained in subsection 12.02(c) of the Agreement, upon the sale of 49 Receivables or interests therein as provided in Section 12.02(c) of the Agreement, the net proceeds of any such sale payable to the Series 19991997-Y U Certificates shall be paid pro rata to the Class A Certificates and then to the --- ---- Collateral Interest Holder for application pursuant to the terms of the Loan Agreement.

Subordination of Certain Termination Payments. Notwithstanding anything contained in subsection 12.02(c) of the Agreement, upon the sale of 49 Receivables or interests therein as provided in Section 12.02(c) of the Agreement, the net proceeds of any such sale payable to the Series 1999-Y 1998- Certificates shall be paid pro rata to the Class A Certificates and then to the --- ---- Collateral Interest Holder for application pursuant to the terms of the Loan Agreement.

Subordination of Certain Termination Payments. Notwithstanding anything contained in subsection 12.02(c) of the Agreement, upon the sale of Receivables or interests therein as provided in Section 12.02(c) of the Agreement, the net proceeds of any such sale payable to the Series 19991996-Y S Certificates shall be paid pro rata to the Class A Certificates and then to the --- ---- Collateral Interest Holder for application pursuant to the terms of the Loan Agreement.

Subordination of Certain Termination Payments. Notwithstanding anything contained in subsection 12.02(c) of the Agreement, upon the sale of Receivables or interests therein as provided in Section 12.02(c) of the Agreement, the net proceeds of any such sale payable to the Series 19991996-Y Q Certificates shall be paid pro rata to the Class A Certificates and then to the --- ---- Collateral Interest Holder for application pursuant to the terms of the Loan Agreement.