Designated Accounts. The Accumulation Account, the Collection Account, the Note Distribution Account and the Reserve Account, collectively. Determination Date: The fifteenth day of each calendar month, or if such fifteenth day is not a Business Day, the next succeeding Business Day.
Appears in 22 contracts
Sources: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-3)
Designated Accounts. The Accumulation Account, the Collection Account, the Note Distribution Account and the Reserve Account, collectively. Determination Date: The fifteenth day of each calendar month, or if such fifteenth day is not a Business Day, the next succeeding Business Day.
Appears in 2 contracts
Sources: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-1), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-1)