Withdrawals from Principal Funding Account. Withdrawals made pursuant to this Section 3.10 with respect to the Series 2003-A Notes will be made from the Principal Funding Account only after all allocations and reallocations have been made pursuant to Sections 3.05, 3.07 and 3.08. In no event will the amount of the withdrawal be more than the amount then on deposit in the Principal Funding Account.
(a) Withdrawals for the Series 2003-A Notes. On each Principal Payment Date, any amount on deposit in the Principal Funding Account shall be paid to the Paying Agent.
Withdrawals from Principal Funding Account. Withdrawals made pursuant to this Section 3.16 with respect to any Tranche of CHASEseries Notes will be made from the Principal Funding Sub-Accounts established for that Tranche only after all allocations have been made pursuant to Sections 3.12, 3.13 and 3.14. In no event will the amount of the withdrawal for any Tranche of CHASEseries be more than the amount on deposit in the applicable Principal Funding Sub-Account. A single Tranche of CHASEseries Notes may be entitled to more than one of the following withdrawals with respect to any Monthly Period.
Withdrawals from Principal Funding Account. On each Principal Payment Date with respect to the Series 2007-1 Notes, the aggregate amount on deposit in the Principal Funding Account will be withdrawn from the Principal Funding Account and remitted to the Paying Agent; provided, however, that the aggregate amount remitted to the Paying Agent will not exceed the Outstanding Dollar Principal Amount of the Series 2007-1 Notes. Payments made by the Paying Agent on each Principal Payment Date shall be made first to the Class A Noteholders until paid in full, second to the Class B Noteholders until paid in full and third to the Class C Noteholders until paid in full, each in accordance with Section 3.19.
Withdrawals from Principal Funding Account. Withdrawals made pursuant to this Section 3.14 with respect to any Tranche of Notes will be made from the Principal Funding sub-Accounts established for that Tranche only after all allocations have been made pursuant to Sections 3.10, 3.11 and 3.12. In no event will the amount of the withdrawal be more than the amount on deposit in the applicable Principal Funding sub-Account. A single Tranche may be entitled to more than one of the following withdrawals with respect to any Monthly Period.
Withdrawals from Principal Funding Account. Withdrawals made pursuant to this Section 3.16 with respect to any Tranche of ONEseries Notes will be made from the Principal Funding Sub-Accounts established for that Tranche only after all allocations have been made pursuant to Sections 3.12, 3.13 and 3.14. In no event will the amount of the withdrawal for any Tranche of ONEseries be more than the amount on deposit in the applicable Principal Funding Sub-Account. A single Tranche of ONEseries Notes may be entitled to more than one of the following withdrawals with respect to any Monthly Period.
(a) Withdrawals for ONEseries Dollar Notes with no Derivative Agreement for Principal. On each applicable Principal Payment Date (or as specified in the applicable Terms Document) with respect to each Tranche of ONEseries Dollar Notes which has no Derivative Agreement for principal, an amount equal to the principal due on the applicable Tranche of ONEseries Notes on the applicable Principal Payment Date will be withdrawn from such Principal Funding Sub-Account and remitted to the applicable Paying Agent(s) or as otherwise provided by the applicable Terms Document.
Withdrawals from Principal Funding Account. Withdrawals made pursuant to this Section 3.14 with respect to any Tranche of Notes will be made from the Principal Funding sub-Accounts established for that Tranche only after all allocations have been made pursuant to Sections 3.10, 3.11 and 3.12. In no event will the amount of the withdrawal be more than the amount on deposit in the applicable Principal Funding sub-Account. A single Tranche may be entitled to more than one of the following withdrawals with respect to any Monthly Period.
(a) Withdrawals for Dollar Notes with no Derivative Agreement for Principal. On each applicable Principal Payment Date (or as specified in the applicable Terms Document) with respect to each Tranche of Dollar Notes that has no Derivative Agreement for principal, an amount equal to the principal due on the applicable Tranche of Notes on the applicable Principal Payment Date will be withdrawn from such Principal Funding sub-Account and remitted to the applicable Paying Agent(s) or as otherwise provided by the applicable Terms Document.
Withdrawals from Principal Funding Account. Withdrawals made pursuant to this Section 3.16 with respect to any Tranche of WachoviaSeries Notes will be made from the Principal Funding Sub-Accounts established for that Tranche only after all allocations have been made pursuant to Sections 3.12, 3.13 and 3.14. In no event will the amount of the withdrawal for any Tranche of WachoviaSeries Notes be more than the amount on deposit in the applicable Principal Funding Sub-Account. A single Tranche of WachoviaSeries Notes may be entitled to more than one of the following withdrawals with respect to any Monthly Period.
Withdrawals from Principal Funding Account. Withdrawals ------------------------------------------ made pursuant to this Section 3.14 with respect to any class of Series [____] ------------ Notes will be made from the Principal Funding sub-Accounts established for that class only after all allocations and reallocations have been made pursuant to Sections 3.10, 3.11 and 3.12. In no event will the amount of the withdrawal be ------------- ---- ---- more than the amount on deposit in the applicable Principal Funding sub-Account.
Withdrawals from Principal Funding Account. On each applicable Principal Payment Date with respect to each Class of Notes, an amount equal to the principal due on the applicable Class of Notes on the applicable Principal Payment Date will be withdrawn from such Principal Funding sub-Account and remitted to the Paying Agent. Withdrawals made pursuant to this Section 3.13 with respect to any Class of Notes will be made from the Principal Funding sub-Accounts established for that Class only after all allocations have been made pursuant to Sections 3.09, 3.10 and 3.11. In no event will the amount of the withdrawal be more than the amount on deposit in the applicable Principal Funding sub-Account. Upon payment in full of any Class of Notes, any remaining amount on deposit in the applicable Principal Funding sub-Account will be paid to the Issuer.
Withdrawals from Principal Funding Account. Withdrawals made pursuant to this Section 3.16 with respect to any Tranche of ONEseries Notes will be made from the Principal Funding Sub-Accounts established for that Tranche only after all allocations have been made pursuant to Sections 3.12, 3.13 and 3.14. In no event will the amount of the withdrawal for any Tranche of ONEseries be more than the amount on deposit in the applicable Principal Funding Sub-Account. A single Tranche of ONEseries Notes may be entitled to more than one of the following withdrawals with respect to any Monthly Period.
(a) WITHDRAWALS FOR ONEseries DOLLAR NOTES WITH NO DERIVATIVE AGREEMENT FOR PRINCIPAL. On each applicable Principal Payment Date (or as specified in the applicable Terms Document) with respect to each Tranche of ONEseries Dollar Notes which has no Derivative Agreement for principal, an amount equal to the principal due on the applicable Tranche of ONEseries Notes on the applicable Principal Payment Date will be withdrawn from such Principal Funding Sub-Account and remitted to the applicable Paying Agent(s) or as otherwise provided by the applicable Terms Document.
(b) WITHDRAWALS FOR DOLLAR OR FOREIGN CURRENCY NOTES WITH PERFORMING DERIVATIVE AGREEMENTS FOR PRINCIPAL. On each date on which a payment is required under the applicable Derivative Agreement (or as specified in the applicable Terms Document) with respect to any Tranche of ONEseries Notes which has a Performing Derivative Agreement for principal, an amount equal to the amount of the payment to be made under the applicable Derivative Agreement will be withdrawn from such Principal Funding Sub-Account and paid to the applicable Derivative Counterparty or as otherwise provided by the applicable Terms Document. The Issuer will direct the applicable Derivative Counterparty to remit its payments under the applicable Derivative Agreement to the applicable Paying Agent(s) or as otherwise provided by the applicable Terms Document.
(c) WITHDRAWALS FOR ONEseries DOLLAR NOTES WITH A NON-PERFORMING DERIVATIVE AGREEMENT FOR PRINCIPAL. On each applicable Principal Payment Date (or as specified in the applicable Terms Documents) with respect to each Tranche of ONEseries Dollar Notes with a non-Performing Derivative Agreement for principal, the amount specified in the applicable Terms Document will be withdrawn from such Principal Funding Sub-Account, converted based on the applicable Spot Exchange Rate and remitted to the applicable Paying Agent(s) or as otherwise provi...
