Examples of Total Available Funds in a sentence
Notwithstanding the foregoing, if on any Distribution Date the distribution priorities set forth in Section 5.6(a) or Section 5.6(b) of the Indenture are applicable then all distributions of Total Available Funds on such Distribution Date will be made in accordance with such applicable section of the Indenture rather than in accordance with the priorities set forth above.
Notwithstanding the foregoing, following the occurrence and during the continuation of an Event of Default which has resulted in an acceleration of the Notes, on each Payment Date the Total Available Funds shall be deposited in the Note Payment Account and applied in accordance with Section 2.8(f).
Notwithstanding the foregoing, following the occurrence and during the continuation of an Event of Default which has resulted in an acceleration of the Notes, on each Payment Date the Total Available Funds shall be deposited in the Note Payment Account and applied in accordance with Section 2.8(f) of the Indenture.
Therefore, an amount equal to that accrued interest and fees and Collections in respect of interest and fees for the period between the Cut-Off Date and the Closing Date will be paid to the Approved Seller on each Payment Date following the Closing Date as a priority payment from Total Available Funds until paid in full.
The Issuer shall only make a payment under any of the sub-paragraphs of clause 5.1(c) of the Supplementary Terms Notice if it is directed in writing by the Manager to do so and only to the extent that any Total Available Funds remain from which to make the payment after amounts with priority to that payment have been distributed.