Common use of ABC Investor Default Amount Clause in Contracts

ABC Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Series Available Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii), an amount equal to the lesser of (x) any such remaining Series Available Interest Collections and (y) the sum of (1) the aggregate ABC Investor Default Amount for such Business Day plus (2) the unpaid ABC Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.

ABC Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Series Available Series1998-1 Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii), an amount equal to the lesser of (x) any x)any such remaining Series Available Interest Collections and (y) the y)the sum of (1) the 1)the aggregate ABC Investor Default Amount for such Business Day plus PLUS (2) the 2)the unpaid ABC Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated A)treated as Shared Principal Collections during the Revolving Period, and (B) to B)to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.

ABC Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series Available 1996-2 Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii), an amount equal to the lesser of (x) any such remaining Series Available Interest Collections and (y) the sum of (1) the aggregate ABC Investor Default Amount for such Business Day plus (2) the unpaid ABC Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.

ABC Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series Available 1998-2 Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii), an amount equal to the lesser of (x) any such remaining Series Available Interest Collections and (y) the sum of (1) the aggregate ABC Investor Default Amount for such Business Day plus (2) the unpaid ABC Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.

ABC Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series Available 1998-1 Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii), an amount equal to the lesser of (x) any such remaining Series Available Interest Collections and (y) the sum of (1) the aggregate ABC Investor Default Amount for such Business Day plus (2) the unpaid ABC Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.

ABC Investor Default Amount. On each Business Day, the --------------------------- Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series Available 1996-2 Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii), an amount equal to the lesser of (x) any such remaining Series Available Interest Collections and (y) the sum of (1) the aggregate ABC Investor Default Amount for such Business Day plus (2) the unpaid ABC Investor Default ---- Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.

ABC Investor Default Amount. On each Business Day, the --------------------------- Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series Available 1995-1 Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii), an amount equal to the lesser of (x) any such remaining Series Available Interest Collections and (y) the sum of (1) the aggregate ABC Investor Default Amount for such Business Day plus (2) the unpaid ABC Investor Default ---- Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.

ABC Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series Available 1995-1 Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iiiiv), an amount equal to the lesser of (x) any such remaining Available Series Available 1995-1 Interest Collections and (y) the sum of (1) the aggregate ABC Investor Default Amount for such Business Day plus (2) the unpaid ABC Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.

ABC Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series Available 1998-A Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii), an amount equal to the lesser of (x) any such remaining Series Available Interest Collections and (y) the sum of (1) the aggregate ABC Investor Default Amount for such Business Day plus (2) the unpaid ABC Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Amortization Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.

ABC Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series Available 1995-1 Interest Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii), an amount equal to the lesser of (x) any such remaining Series Available Interest Collections and (y) the sum of (1) the aggregate ABC Investor Default Amount for such Business Day plus (2) the unpaid ABC Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to the extent allocated to Class A Principal, Class B Principal or Class C Principal pursuant to Section 4.7 during the Controlled Accumulation Period or Early Amortization Period, deposited in the Principal Account for distribution to the applicable Class or Classes of Certificateholders on the next Distribution Date.