Common use of Deposits into the Collection Account Clause in Contracts

Deposits into the Collection Account. The Servicer, the Issuer, the Purchaser or the Seller, as the case may be, shall each deposit or cause to be deposited in the Collection Account (i) the Available Funds and the Class B Available Funds, and (ii) any amounts due the Trustee, any Noteholder, any Note Purchaser, the Backup Servicer, the Purchaser (in each case, to the extent not paid directly thereto) in respect of any indemnification obligation of the Servicer, the Issuer, the Purchaser or the Seller under the Basic Documents.