Common use of Shared Principal Collections Clause in Contracts

Shared Principal Collections. Subject to SECTION 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 2000-1 in an amount equal to the product of (a) the aggregate amount of Shared Principal

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (National City Credit Card Master Trust), Pooling and Servicing Agreement (National City Credit Card Master Trust)

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Shared Principal Collections. Subject to SECTION Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002023-1 3 in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Series

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC)

Shared Principal Collections. Subject to SECTION 4.04 subsection 4.3(f) of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002007-1 in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Series in Group One that are Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Principal Shortfall for Series 2007-1 for such Distribution Date and the denominator of which is the Cumulative Principal Shortfall for such Distribution Date.

Appears in 2 contracts

Samples: Servicing Agreement (Alliance Data Systems Corp), Pooling and Servicing Agreement (Charming Shoppes Inc)

Shared Principal Collections. Subject to SECTION Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002023-1 4 in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Series

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC)

Shared Principal Collections. Subject to SECTION 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002001-1 in an amount equal to the product of (a) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Principal Sharing Series for such Distribution Date and (b) a fraction, the numerator of which is the Principal Shortfall for Series 2001-1 for such Distribution Date and the denominator of which is the aggregate amount of Principal Shortfalls for all the 28 33

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (National City Credit Card Master Trust), Pooling and Servicing Agreement (National City Credit Card Master Trust)

Shared Principal Collections. Subject to SECTION Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002024-1 2 in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Series

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC), Series (American Express Receivables Financing Corp Iii LLC)

Shared Principal Collections. Subject to SECTION Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002024-1 in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Series

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC)

Shared Principal Collections. Subject to SECTION Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will shall be allocated to Series 2000-1 2 in an amount equal to the product of (ai) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Series for such Distribution Date and (ii) a fraction, the numerator of which is the Principal Shortfall for Series 2000-2 for such Distribution Date and the denominator of which is the aggregate amount of Principal Shortfalls for all Series for such Distribution Date. The

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Providian Master Trust)

Shared Principal Collections. Subject to SECTION 4.04 subsection 4.3(f) of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 2000-1 VFC in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Series in Group One that are Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Principal Shortfall for Series 2000-VFC for such Distribution Date and the denominator of which is the Cumulative Principal Shortfall for such Distribution Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Charming Shoppes Inc)

Shared Principal Collections. Subject to SECTION 4.04 Section 4.3(f) of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002001-1 1-VFC in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Series in Group One that are Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Principal Shortfall for Series 2001-1-VFC for such Distribution Date and the denominator of which is the Cumulative Principal Shortfall for such Distribution Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Stage Stores Inc)

Shared Principal Collections. Subject to SECTION Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002011-1 2 in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Series

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC)

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Shared Principal Collections. Subject to SECTION 4.04 subsection 4.3(f) of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20001999-1 in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Series in Group One that are Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Principal Shortfall for Series 1999-1 for such Distribution Date and the denominator of which is the Cumulative Principal Shortfall for such Distribution Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Charming Shoppes Receivables Corp)

Shared Principal Collections. Subject to SECTION Section 4.04 ----------------------------- of the Agreement, Shared Principal Collections for any Distribution Date will shall be allocated to Series 2000-1 3 in an amount equal to the product of (ai) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Series for such Distribution Date and (ii) a fraction, the numerator of which is the Principal Shortfall for Series 2000-3 for such Distribution Date and the denominator of which is the aggregate amount of Principal Shortfalls for all Series for such Distribution Date. The

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Providian National Bank /New/)

Shared Principal Collections. Subject to SECTION Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 2000-1 in an amount equal to the product of (a) the aggregate amount of Shared PrincipalSeries

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Fleet Credit Card Master Trust Ii)

Shared Principal Collections. Subject to SECTION 4.04 subsection 4.3(f) of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002002-1 in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Series in Group One that are Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Principal Shortfall for Series 2002-1 for such Distribution Date and the denominator of which is the Cumulative Principal Shortfall for such Distribution Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Charming Shoppes Inc)

Shared Principal Collections. Subject to SECTION 4.04 Section 8.05 of the AgreementIndenture, Shared Principal Collections for any Distribution Date will be allocated to Series 20002002-1 A in an amount equal to the product of (ax) the aggregate amount of Shared Principal

Appears in 1 contract

Samples: Purchase Agreement (Compucredit Corp)

Shared Principal Collections. Subject to SECTION 4.04 subsection 4.3(f) of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 20002004-1 VFC in an amount equal to the product of (ax) the aggregate amount of Shared PrincipalPrincipal Collections with respect to all Series in Group One that are Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Principal Shortfall for Series 2004-VFC for such Distribution Date and the denominator of which is the Cumulative Principal Shortfall for such Distribution Date.

Appears in 1 contract

Samples: Servicing Agreement (Charming Shoppes Inc)

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