Common use of Accounts; Deposits to and Distributions from Accounts Clause in Contracts

Accounts; Deposits to and Distributions from Accounts. On or before the Issuance Date, the Indenture Trustee will cause to be established and maintained the Qualified Accounts denominated as follows: the "Interest Funding Account", the "Principal Funding Account" and the "Reserve Fund" (collectively, the "Series 2003-2 Accounts") in the name of the Indenture Trustee, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 2003-2 Noteholders. The Series 2003-2 Accounts constitute Supplemental Accounts and shall be under the sole dominion and control of the Indenture Trustee for the benefit of the Series 2003-2 Noteholders. If, at any time, the institution holding any Series 2003-2 Account ceases to be a Qualified Institution, the Issuer will within ten (10) Business Days (or such longer period, not to exceed thirty (30) calendar days, as to which each Rating Agency may consent) establish a new applicable Series 2003-2 Account, that is a Qualified Account and shall transfer any cash and/or investments to such new Series 2003-2 Account. From the date such new Series 2003-2 Account is established, it will be a Series 2003-2 Account, bearing the name of the Series 2003-2 Account it has replaced.

Accounts; Deposits to and Distributions from Accounts. On or before the Issuance Date, the Indenture Trustee will cause to be established and maintained the Qualified Accounts denominated as follows: the "Interest Funding Account", the "Principal Funding Account" and the "Reserve Fund" (collectively, the "Series 2003-2 1 Accounts") in the name of the Indenture Trustee, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 2003-2 1 Noteholders. The Series 2003-2 1 Accounts constitute Supplemental Accounts and shall be under the sole dominion and control of the Indenture Trustee for the benefit of the Series 2003-2 1 Noteholders. If, at any time, the institution holding any Series 2003-2 1 Account ceases to be a Qualified Institution, the Issuer will within ten (10) Business Days (or such longer period, not to exceed thirty (30) calendar days, as to which each Rating Agency may consent) establish a new applicable Series 2003-2 1 Account, that is a Qualified Account and shall transfer any cash and/or investments to such new Series 2003-2 1 Account. From the date such new Series 2003-2 1 Account is established, it will be a Series 2003-2 1 Account, bearing the name of the Series 2003-2 1 Account it has replaced.