Yield Maintenance Reserve Accounts. The Indenture Trustee shall, as directed in the Servicing Report, withdraw amounts on deposit in any Yield Maintenance Reserve Account and distribute such amounts as are required to be distributed pursuant to Section 5.01(b) of the Indenture.
Yield Maintenance Reserve Accounts. On any Closing Date for a Series of Notes for which a Prefunding Account is established, the Issuer shall deposit with the Collection Account Bank for credit to the related Yield Maintenance Reserve Account the amount specified in the related Series Supplement. On each Payment Date, in accordance with the Manager’s written direction and the related Series Supplement, the Indenture Trustee shall withdraw amounts from each Yield Maintenance Reserve Account for distribution in accordance with the Priority of Payments.
Yield Maintenance Reserve Accounts. On any Closing Date for a Series of Notes for which a Site Acquisition Account is established, the Issuer shall deposit with the Collection Account Bank for credit to the Yield Maintenance Reserve Account for such Series of Notes the amount specified in the relevant Series Supplement to reserve for each Series funds equal to the amount of interest that will accrue on such Notes of that Series for the period commencing on the Closing Date for such Series of Notes and ending on the Payment Date following the end of the Site Acquisition Period for Notes of such Series on a portion of the Notes of such Series equal to the amount then on deposit in such Site Acquisition Account based on the weighted average of the Note Rates for such Series on such Closing Date, as such amount may thereafter be reduced from time to time when funds are released from the Site Acquisition Account for a Series in accordance with Section 2.12(d) or when the principal amount of such Notes is reduced. On each Payment Date, in accordance with the Servicer’s written direction, the Indenture Trustee shall withdraw an amount equal to the Yield Maintenance Amount for each Series of Notes from the Yield Maintenance Reserve Account for that Series in accordance with Section 5.01(b). There will be no Yield Maintenance Reserve Account established on the Initial Closing Date.
