SOURCES OF APPLICATIONS AND PAYMENTS Sample Clauses

SOURCES OF APPLICATIONS AND PAYMENTS. Applications and/or payments of amounts allocated pursuant to the priorities set forth in Section 3.01(c) above will be made from the following sources in the following order of priority: (i) Available Interest, to the extent thereof; (ii) in the case of Section 3.01(c) clauses (i), (ii), (iii), (viii) or (ix), amounts withdrawn from the Reserve Fund to the extent of the lesser of (A) the amount on deposit in the Reserve Fund on the related Deposit Date and available therefor and (B) the amount, if any, by which the aggregate of amounts allocable and applicable or payable pursuant to such clauses (i), (ii), (iii), (viii) or (ix) exceeds the amount of Available Interest available to make such allocation and application or payment based on the foregoing priorities; PROVIDED, HOWEVER, that amounts allocated to the Class B Reserve Amount shall be utilized only if there are no other amounts then on deposit in the Reserve Fund and shall be available exclusively for payment of accrued and unpaid interest with respect to the Class B Certificates, and on the Class B Targeted Maturity Date, for reduction of the Adjusted Class B Certificate Balance until the Adjusted Class B Certificate Balance has been reduced to zero; and PROVIDED, FURTHER, that if such Monthly Allocation Date is a relevant Certificate Payment Date that is on or after the Class B Targeted Maturity Date, and if amounts then remaining on deposit in the Reserve Fund (including the Class B Reserve Amount) are sufficient to (i) fund any amounts payable to the 1998-C Securitization Trustee, the Titling Trustee and the Servicer; (ii) pay accrued and unpaid interest on each Class of Investor Certificates; and (iii) reduce the Adjusted Certificate Balance of each Class of Investor Certificates then outstanding to zero, such amounts will be so applied; and (iii) in the case of Section 3.01(c) clauses (i) through (ix) and, to the extent set forth in Sections 3.01(i)(i)(B) and 3.01(i)(i)(C), Transferor Amounts.
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Related to SOURCES OF APPLICATIONS AND PAYMENTS

  • Invoices and Payments If Owner disputes an invoice, either as to amount or entitlement, then Owner shall promptly advise Engineer in writing of the specific basis for doing so, may withhold only that portion so disputed, and must pay the undisputed portion.

  • Billings and Payments Billings and payments shall be sent to the addresses set out in Appendix F.

  • Disbursements and Payments Each disbursement by the Bank and each payment by the Borrower will be: (a) made at the Bank's branch (or other location) selected by the Bank from time to time; (b) made for the account of the Bank's branch selected by the Bank from time to time; (c) made in immediately available funds, or such other type of funds selected by the Bank; (d) evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.

  • Statements and Payments The Fig Share and the Developer Royalty shall be paid by Developer and Fig, respectively, no later than thirty (30) days after the end of the calendar month in which the Gross Receipts are received by the applicable Party together with a statement detailing calculation of the Fig Share or the Developer Royalty, as applicable (including copies of payment statements from Distributors and calculation of any adjustment to reflect Third-Party Distributor terms as provided in the definition of Fig Share). Upon request, Distributor will provide Fig with access to real-time reporting posted or made available by any Distributor.

  • Invoicing and Payments II.4.1 Pre-financing: