Common use of Adjustment Payment Shortfalls Clause in Contracts

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply to the extent of any Available Series 1998-2 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (v) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1998-2 Finance Charge Collections and (y) an amount equal to the Series 1998-2 Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agreement on such Business Day and on each previous Business Day during such Monthly Period less any amounts previously withdrawn pursuant to this subsection 4.9(a)(vi) on account of such unpaid Adjustment Payments, such amount to be (i) treated as Shared Principal Collections during the Revolving Period, and (ii) treated as Available Series 1998-2 Principal Collections during the Amortization Period. Reimbursement of Class A Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply to the extent of any Available Series 1998-2 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (vi) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1998-2 Finance Charge Collections and (y) the unreimbursed Class A Charge-Offs, if any, in order to reimburse Class A Charge-Offs, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) treated as Available Series 1998-2 Principal Collections during the Amortization Period.

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply apply, an amount equal to the extent lesser of (x) any Available Series 1998-2 3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (v) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1998-2 Finance Charge Collections and (y) an amount equal to the Series 1998-2 1998- 3 Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agreement on such Business Day and on each previous Business Day during such Monthly Period less any amounts previously withdrawn pursuant to this subsection 4.9(a)(vi) on account of such unpaid Adjustment PaymentsAgreement, such amount amount, (A) to be (i) treated as Shared Principal Collections during the Revolving Period, Period and (iiB) to be treated as Available Series 1998-2 3 Principal Collections during the Amortization Period. Reimbursement of Class A Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply apply, an amount equal to the extent lesser of (x) any Available Series 1998-2 3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (vi) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1998-2 Finance Charge Collections and (y) the unreimbursed Class A Charge-Offs, if any, in order ; such amount will be applied to reimburse Class A Charge-Offs, and will be treated as Shared Principal Collections during the Revolving Period, and will be treated as Available Series 1998-3 Principal Collections during the Amortization Period. Reimbursement of Class B Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply, an amount equal to the lesser of (x) any Available Series 1998-3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (vii) and (y) the unreimbursed amount by which the Class B Invested Amount has been reduced on prior Business Days pursuant to clauses (c) and (d) of the definition of Class B Invested Amount, if any, such amount amount, (i) to be (A) treated as Shared Principal Collections during the Revolving Period, and (ii) to be treated as Available Series 1998- 3 Principal Collections during the Amortization Period. Reimbursement of Class C Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply, an amount equal to the lesser of (x) the sum of (A) any Available Series 1998-3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (viii) and (B) any amounts on deposit in the Class C Reserve Account to the extent of the aggregate amount of Class C Charge-Offs resulting from unpaid Adjustment Payments, if any, and (y) the unreimbursed amount by which the Class C Invested Amount has been reduced on prior Business Days pursuant to clauses (c) and (d) of the definition of Class C Invested Amount, if any, such amount, (i) to be treated as Shared Principal Collections during the Revolving Period, and (ii) to be treated as Available Series 1998- 3 Principal Collections during the Amortization Period. Reimbursement of Class D Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply an amount equal to the lesser of (x) any Available Series 1998-3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (ix) and (y) the unreimbursed amount by which the Class D Invested Amount has been reduced on prior Business Days pursuant to clauses (d) and (e) of the definition of Class D Invested Amount, if any, such amount (A) to be treated as Shared Principal Collections during the Revolving Period and (B) to be treated as Available Series 1998-2 3 Principal Collections during the Amortization Period.

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply withdraw from the Collection Account, to the extent of any Available Series 19981997-2 1 Finance Charge Collections remaining after giving effect to the applications withdrawals pursuant to subsections 4.9(a)(i) through (v) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 19981997-2 1 Finance Charge Collections and (y) an amount equal to the Series 1998-2 Allocation Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agreement on such Business Day and on each previous Business Day during such Monthly Period less any amounts previously withdrawn pursuant to this subsection 4.9(a)(vi) on account of such unpaid Adjustment PaymentsAgree- ment, such amount to be amount, (i) treated as Shared Principal Collections during the Revolving Period, to be treated as Shared Principal Collections, and (ii) treated as Available Series 1998-2 Principal Collections during the Amortization Period, to be treated as Available Investor Principal Collections. (vii) Reimbursement of Class A Investor Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply withdraw from the Collection Ac- count, to the extent of any Available Series 19981997-2 1 Finance Charge Collections remaining after giving effect to the applications withdrawals pursuant to subsections 4.9(a)(i) through (vi) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Avail- able Series 19981997-2 1 Finance Charge Collections and (y) the unreimbursed Class A Investor Charge-Offs, if any, in order will be applied to reimburse Class A Inves- tor Charge-Offs, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to be treated as Available Series 1998-2 Shared Principal Collections Collec- tions, and during the Amortization Period, to be treated as Available Investor Principal Collections.

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply to the extent of any Available Series 1998-2 1 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (v) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1998-2 1 Finance Charge Collections and (y) an amount equal to the Series 1998-2 1 Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agreement on such Business Day and on each previous Business Day during such Monthly Period less any amounts previously withdrawn pursuant to this subsection 4.9(a)(vi) on account of such unpaid Adjustment Payments, such amount to be (i) treated as Shared Principal Collections during the Revolving Period, and (ii) treated as Available Series 1998-2 1 Principal Collections during the Amortization Period. Reimbursement of Class A Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply to the extent of any Available Series 1998-2 1 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (vi) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1998-2 1 Finance Charge Collections and (y) the unreimbursed Class A Charge-Offs, if any, in order to reimburse Class A Charge-Offs, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) treated as Available Series 1998-2 1 Principal Collections during the Amortization Period.