Common use of Method of Payment Clause in Contracts

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 63 contracts

Sources: Trust Agreement (CNH Equipment Trust 2025-B), Trust Agreement (CNH Capital Receivables LLC), Trust Agreement (CNH Equipment Trust 2025-A)

Method of Payment. Subject to Section 9.1(c)9.01(c) respecting the final payment upon retirement of each Trust Certificate, distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding related Record Date either by (i) wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five (5) Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000Date, or, or (ii) if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 55 contracts

Sources: Trust Agreement (Honda Auto Receivables 2023-2 Owner Trust), Trust Agreement (Honda Auto Receivables 2023-2 Owner Trust), Trust Agreement (Honda Auto Receivables 2023-1 Owner Trust)

Method of Payment. Subject to Section 9.1(c8.01(c), distributions required to be made to Certificateholders on any Payment Date as provided in Section 5.01 shall be made to each Certificateholder of record on the preceding Record Date either by by, in the case of any Certificateholder owning Certificates having denominations aggregating at least $1,000,000, wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 35 contracts

Sources: Trust Agreement (Opteum Mortgage Acceptance CORP), Trust Agreement (Shellpoint Mortgage Acceptance LLC), Trust Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if (a) such Certificateholder shall have provided to the Certificate Registrar and the Paying Agent appropriate written instructions at least five Business Days prior to such Payment Date and (b) such Certificateholder’s Trust Certificates aggregate not less than $1,000,000Certificateholder is the Depositor, or an Affiliate thereof, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 26 contracts

Sources: Trust Agreement (Hyundai Auto Receivables Trust 2011-C), Trust Agreement (Hyundai Abs Funding Corp), Trust Agreement (Hyundai Auto Receivables Trust 2006-B)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Holder's Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 16 contracts

Sources: Trust Agreement (Case Receivables Ii Inc), Trust Agreement (Case Receivables Ii Inc), Trust Agreement (CNH Capital Receivables Inc)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, transfer in immediately available funds, funds to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000____________, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 10 contracts

Sources: Trust Agreement (Bond Securitization LLC), Trust Agreement (Bond Securitization LLC), Trust Agreement (Gs Mortgage Securities Corp)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either (x) by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days no later than the Record Date prior to such Payment Date and Date, or (y) if such Certificateholder’s Trust Certificates aggregate Certificateholder does not less than $1,000,000, or, if notqualify under clause (x), by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 7 contracts

Sources: Trust Agreement (World Omni Auto Receivables LLC), Trust Agreement (World Omni Auto Receivables Trust 2006-B), Trust Agreement (World Omni Auto Receivables Trust 2006-A)

Method of Payment. Subject to Section 9.1(c8.01(c), distributions required to be made to the Certificateholders on any Payment Date as provided in Section 4.02 shall be made to each Certificateholder the Certificateholders of record on the preceding Record Date either by by, in the case of any Certificateholder owning a Single Certificate, wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 5 contracts

Sources: Trust Agreement (Structured Asset Sec Corp Thornburg Mort Sec Trust 2003 6), Trust Agreement (Greenwich Capital Acceptance, Inc New York Mortgage Trust 2005-1), Trust Agreement (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4)

Method of Payment. Subject to Section 9.1(c8.01(c), distributions required to be made to Certificateholders on any Payment Date as provided in Section 5.01 shall be made to each Certificateholder of record on the preceding Record Date either by by, in the case of any Certificateholder owning 100% of the Certificates, wire transfer, transfer in immediately available funds, funds to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 4 contracts

Sources: Trust Agreement (Afc Mortgage Loan Asset Backed Notes Series 2000-1), Trust Agreement (Superior Bank FSB Afc Mort Ln Asset Backed Notes Ser 2000 2), Trust Agreement (Superior Bank FSB)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.

Appears in 4 contracts

Sources: Trust Agreement (First Merchants Acceptance Corp), Trust Agreement (First Merchants Acceptance Corp), Trust Agreement (First Merchants Acceptance Corp)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Trust Holder's Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 3 contracts

Sources: Trust Agreement (Arcadia Receivables Finance Corp), Trust Agreement (Conseco Finance Securitizations Corp), Trust Agreement (Conseco Finance Corp)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Holder's Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 3 contracts

Sources: Trust Agreement (Conseco Finance Securitizations Corp), Trust Agreement (Green Tree Financial Corp), Trust Agreement (Green Tree Financial Corp)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such CertificateholderHolder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 3 contracts

Sources: Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (CNH Capital Receivables Inc), Trust Agreement (CNH Equipment Trust 2005-A)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 3 contracts

Sources: Trust Agreement (Education Capital I LLC), Trust Agreement (Education Capital I LLC), Trust Agreement (Education Funding Capital Trust I)

Method of Payment. Subject to Section 9.1(c8.01(c), distributions required to be made to Certificateholders on any Payment Date as provided in Section 5.01 shall be made to each Certificateholder of record on the preceding Record Date either by by, in the case of any Certificateholder owning Certificates having a Certificate Percentage Interest of 100%, wire transfer, in immediately available funds, to the account of such Certificateholder holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Record Date and such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 3 contracts

Sources: Trust Agreement (Novastar Mortgage Funding Corp), Trust Agreement (Novastar Mortgage Funding Corp), Trust Agreement (Novastar Mortgage Funding Corp)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 2 contracts

Sources: Trust Agreement (Citigroup Vehicle Securities Inc), Trust Agreement (Morgan Stanley Abs Capital Ii Inc)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder’s Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Education Capital I LLC)

Method of Payment. Subject to Section SECTION 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Holder's Trust Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (CNH Capital Receivables Inc)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such 18 of 41 Trust Agreement Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Education Capital I LLC)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if (i) such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and or (ii) such Certificateholder’s Trust Certificates aggregate not less than $1,000,000Certificateholder is the Depositor, or an Affiliate thereof, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Ucfc Acceptance Corp)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if (a) such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five (5) Business Days prior to such Payment Date and Date, or (b) such Certificateholder’s Trust Certificates aggregate not less than $1,000,000, Certificateholder is the Depositor or, if not, by check mailed to such Certificateholder at the address of such Certificateholder appearing in the Certificate Register.such

Appears in 1 contract

Sources: Trust Agreement (Daimler Benz Vehicle Receivables Corp)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Trust Holder's Certificates aggregate not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Cef Equipment Holding LLC)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, transfer in immediately available funds, funds to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such CertificateholderHolder’s Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000___, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Goldman Sachs Asset Backed Securities Corp)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Holder's Trust Certificates aggregate not less than $1,000,000[__________], or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (CNH Capital Receivables Inc)

Method of Payment. Subject to Section 9.1(c9.01(c), distributions required to be made to Certificateholders on any Payment Distribution Date shall be made to each Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar ▇▇▇▇▇▇▇▇▇ appropriate written instructions at least five Business Days prior to such Payment Distribution Date and such Certificateholder’s Holder's Trust Certificates in the aggregate evidence a denomination of not less than $1,000,000, or, if not, by check mailed to such Certificateholder at the address of such Certificateholder holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Premier Auto Trust 1996-4)

Method of Payment. Subject to Section 9.1(c)) hereof, distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Student Loan Funding LLC)

Method of Payment. Subject to Section 9.1(c)) hereof, distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions 18 25 at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Student Loan Funding LLC)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders on any Payment Date shall be made to each Certificateholder of record on the preceding Record Date either either: (a) by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate written instructions at least five Business Days prior to such Payment Date and such Certificateholder’s Holder's Trust Certificates aggregate not less than $1,000,000, or, if not, (b) by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Case Receivables Ii Inc)

Method of Payment. Subject to Section 9.1(c), distributions required to be made to Certificateholders the Certificateholder on any Payment Certificateholder's Distribution Date shall be made to each such Certificateholder of record on the preceding Record Date either by wire transfer, in immediately available funds, to the account of such Certificateholder Holder at a bank or other entity having appropriate facilities therefor, if such Certificateholder shall have provided to the Certificate Registrar appropriate 18 of 41 written instructions at least five Business Days prior to such Payment Distribution Date and the amount of such Certificateholder’s Trust Certificates aggregate distribution is not less than $1,000,000, 50,000 or, if not, by check mailed to such Certificateholder at the address of such Certificateholder Holder appearing in the Certificate Register.

Appears in 1 contract

Sources: Trust Agreement (Education Capital I LLC)