Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

Principal Distribution Account means the account designated as such, established and maintained pursuant to Section 5.01(b).

Principal Distribution Account means the account designated as such, established and maintained pursuant to Section 8.2(c) of the Indenture.

Examples of Principal Distribution Account in a sentence

Upon proper exercise of such Optional Purchase and deposit of the Redemption Price into the Principal Distribution Account and the Collection Account in accordance with Section 8.08(c) of the Indenture, all of the Sold Assets to be sold in connection with such Optional Purchase shall be sold to the Servicer.

More Definitions of Principal Distribution Account

Principal Distribution Account means the administrative subaccount of the Collection Account established and maintained as such pursuant to Section 4.1(b) of the Sale and Servicing Agreement.

Principal Distribution Account means the account by that name established and maintained pursuant to Section 8.2(a)(ii) of the Indenture.

Principal Distribution Account means the administrative subaccount within the Collection Account established by the Indenture Trustee pursuant to Section 5.01(a)(i).

Principal Distribution Account shall have the meaning specified in Section 8.02(a)(ii) of the Indenture.

Principal Distribution Account means the account designated as such, established and maintained pursuant to Section 2.03(a)(iv) of the Administration Agreement.

Principal Distribution Account means the account designated as such, established and maintained pursuant toU Section 5.1(b)U.

Principal Distribution Account means the administrative subaccount of the Note Distribution Account established and maintained as such pursuant to Section 5.1 of the Sale and Servicing Agreement.