Procedure for Decreasing the Series 1999-1 Invested Amount Clause Samples

Procedure for Decreasing the Series 1999-1 Invested Amount. (i) On any Business Day, the Issuer may elect to decrease the Series 1999-1 Invested Amount and, in any event, shall decrease the Series 1999-1 Invested Amount in an amount equal to the funds remaining on deposit in the Series 1999-1 Excess Collection Account at 5:00 p.m. (New York City time) on such Business Day (each such decrease referred to as a “Decrease”) by withdrawing from the Series 1999-1 Excess Collection Account and distributing to the Series 1999-1 Noteholder in respect of principal of the Series 1999-1 Notes, an amount equal to the amount of such Decrease in accordance with Section 3.4(b). Upon each Decrease, the Trustee shall, or shall cause the Registrar to indicate in the Note Register such Decrease in accordance with a written direction from the Issuer. The amount of any Decrease shall not exceed the amount on deposit in the Series 1999-1 Excess Collection Account and available for distribution to the Series 1999-1 Noteholder in respect of principal of the Series 1999-1 Notes. In addition, on any Business Day, the Series 1999-1 Invested Amount shall be decreased in an amount equal to the amounts paid directly to the ARG Trustee or deposited into the Collection Account (as defined in the ARG Indenture) on such Business Day pursuant to and in accordance with the provisions of the Master Exchange Agreement (each such decrease referred to as a “LKE Decrease”). Upon each LKE Decrease, the Trustee shall, or shall cause the Registrar to indicate in the Note Register such LKE Decrease in accordance with a written direction from the Issuer.
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Procedure for Decreasing the Series 1999-1 Invested Amount. (i) On any Business Day, the Issuer may elect to decrease the Series 1999-1 Invested Amount and, in any event, shall decrease the Series 1999-1 Invested Amount in an amount equal to the funds remaining on deposit in the Series 1999-1 Excess Collection Account at 5:00 p.m. (New York City time) on such Business Day (each such decrease referred to as a “Decrease”) by withdrawing from the Series 1999-1 Excess Collection Account and distributing to the Series 1999-1 Noteholder in respect of principal ox the Series 1999-1 Notes, an amount equal to the amount of such Decrease in accordance with Section 3.4(b). Upon each Decrease, the Trustee shall, or shall cause the Registrar to indicate in the Note Register such Decrease in accordance with a written direction from the Issuer. The amount of any Decrease shall not exceed the amount on deposit in the Series 1999-1 Excess Collection Account and available for distribution to the Series 1999-1 Noteholder in respect of principal of the Series 1999-1 Notes.
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