Class A Distribution Account definition

Class A Distribution Account means the account established and maintained as such pursuant to Section 4.1.
Class A Distribution Account pursuant to Section 4.1.
Class A Distribution Account. The Class A Group I Distribution Account or the Class A Group II Distribution Account, as the case may be.

Examples of Class A Distribution Account in a sentence

  • The Collection Account, the Class A Distribution Account, the Class B Distribution Account, and the Payahead Account shall be initially established and maintained with the trust department of Trustee.

  • Servicer shall take all necessary action (including requiring an agreement to such effect) to ensure that any bank maintaining the Class A Distribution Account or the Class B Distribution Account, as applicable, agrees to comply, and complies, with the provisions of this paragraph and the other provisions of this Agreement applicable to it as the bank maintaining the Class A Distribution Account or the Class B Distribution Account, as applicable.

  • To the extent that Trustee is required to make payments to Holders by check hereunder, it shall request the bank maintaining the Class A Distribution Account or the Class B Distribution Account, as applicable, to provide it with a supply of checks to make such payments.

  • Trustee, on behalf of the Trust and for the benefit of the Class A Holders, shall establish and maintain in the name of Trustee an Eligible Deposit Account (the "Class A Distribution Account"), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class A Holders.

  • To the extent that the Trustee is required to make payments to Certificateholders by check hereunder, it shall request the bank maintaining the Class A Distribution Account or the Class B Distribution Account, as applicable, to provide it with a supply of checks to make such payments.


More Definitions of Class A Distribution Account

Class A Distribution Account means the account established and maintained as such pursuant to Section 14.1.
Class A Distribution Account has the meaning specified in Section 4.12(a) of this Supplement.
Class A Distribution Account. The Class A Group I Distribution Account, the Class A Group II Distribution Account or the Class A Group III Distribution Account, as the case may be. "Class A Group I Certificates": All of the Class A-1 Group I Certificates, the Class A-2 Group I Certificates, the Class A-3 Group I Certificates, the Class A-4 Group I Certificates, the Class A-5 Group I Certificates and the Class A-IO Group I Certificates. "Class A Group I Distribution Account": The Class A Group I Distribution Account created pursuant to Section 7.2 hereof. "Class A Group II Distribution Account": The Class A Group II Distribution Account created pursuant to Section 7.2 hereof. "Class A Group III Distribution Account": The Class A Group III Distribution Account created pursuant to Section 7.2 hereof. "Class A-1 Distribution Amount": As of any Payment Date, the sum of (i) the Class A-1 Principal Distribution Amount for such Payment Date and (ii) the Class A-1 Interest Distribution Amount for such Payment Date. "Class A-1 Group I Certificates": Those certificates in substantially the form set forth in Exhibit A-1 hereto.
Class A Distribution Account the account or accounts by that name established and maintained by the Indenture Trustee pursuant to Section 3.01.
Class A Distribution Account has the meaning specified in Section 4.12(a) of the Base Indenture.
Class A Distribution Account has the meaning specified in Section 4.8(a) of this Supplement.
Class A Distribution Account. Either the Class A-1 Distribution Account or the Class A-2 Distribution Account.