RECEIPT, DISTRIBUTION AND APPLICATION OF Sample Clauses

RECEIPT, DISTRIBUTION AND APPLICATION OF. AMOUNTS RECEIVED ARTICLE IV

RECEIPT, DISTRIBUTION AND APPLICATION OF. AMOUNTS RECEIVED 3.1 Written Notice of Distribution. (a) No later than 3:00 P.M. (New York ------------------------------ City time) on the Business Day preceding each Distribution Date, each of the following Persons shall deliver to the Subordination Agent a Written Notice setting forth the following information as at the close of business on such Business Day: (i) With respect to the Class A-1 Certificates, the Class A-2 Certificates and the Class A-3 Certificates, if any are Outstanding, the Class A-1 Trustee, the Class A-2 Trustee and the Class A-3 Trustee, respectively, shall separately set forth the amounts to be paid in accordance with clause fifth of Section 2.4(b) or 3.2, as the case may be ------ ----- -------------- --- (without giving effect to the pro rata sharing therein); (ii) With respect to the Class B Certificates, if any are Outstanding, the Class B Trustee shall separately set forth the amounts to be paid in accordance with clause sixth of Section 2.4(b) or 3.2, as the ------ ----- -------------- --- case may be; (iii) With respect to the Class C Certificates, if any are Outstanding, the Class C Trustee shall separately set forth the amounts to be paid in accordance with clause seventh of Section 2.4(b) or 3.2, as the case may ------ ------- ------------- ___ be; (iv) With respect to the Class D Certificates, if any are Outstanding, the Class D Trustee shall separately set forth the amounts to be paid in accordance with clause eighth of Section 2.4(b) or 3.2, as the case may ------ ------ -------------- --- be; (v) With respect to each Liquidity Facility, the Liquidity Provider thereunder shall separately set forth the amounts to be paid in accordance with clauses first, second, third and fourth of Section 2.4(b) or ----- ------ ----- ------ -------------- 3.2, as the case may be; and --- (vi) Each Trustee shall set forth the amounts to be paid in accordance with clause ninth of Section 3.2. ------ ----- ----------- [2001-1 Intercreditor Agreement] The notices required under this Section 3.1(a) may be in the form of a schedule -------------- or similar document provided to the Subordination Agent by the parties referenced therein or by any one of them, which schedule or similar document may state that, unless there has been a prepayment, purchase or redemption of the Certificates, such schedule or similar document is to remain in effect until any substitute notice or amendment shall be given to the Subordination Agent by the party provi...

RECEIPT, DISTRIBUTION AND APPLICATION OF