Common use of Allocation for Series Clause in Contracts

Allocation for Series. On each Business Day, (i) the amount of --------------------- Interest Collections available in the Collection Account allocable to each Series shall be determined by multiplying the aggregate amount of such Interest Collections by the Floating Allocation Percentage for such Series, (ii) the amount of Principal Collections available in the Collection Account allocable to each Series shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period for a Series, the Floating Allocation Percentage for such Series and (y) during any Amortization Period for a Series, the Fixed/Floating Allocation Percentage for such Series, and (iii) the Defaulted Receivables allocable to each Series shall be determined by multiplying the aggregate amount of such Defaulted Receivables by the Floating Allocation Percentage for such Series. The Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, cause the Trustee to withdraw the required amounts from the Collection Account and cause the Trustee to deposit such amounts into the applicable Principal Account, the applicable Interest Funding Account, the Excess Funding Account, or any Series Account or pay such amounts to the Holder of the Exchangeable Transferor Certificate in accordance with the provisions of this Article IV.

Allocation for Series. On each Business Day, (i) the amount of --------------------- Interest Imputed Yield Collections available in the Collection Account allocable to each Series shall be determined by multiplying the aggregate amount of such Interest Imputed Yield Collections by the Floating Allocation Percentage for such Series, (ii) the amount of Principal Collections available in the Collection Account allocable to each Series shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period for a Series, the Floating Allocation Percentage for such Series and (y) during any Amortization Period for a Series, the Fixed/Floating Allocation Percentage for such Series, and (iii) the Defaulted Receivables allocable to each Series shall be determined by multiplying the aggregate amount of such Defaulted Receivables by the Floating Allocation Percentage for such Series. The Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, cause the Trustee to withdraw the required amounts from the Collection Account and cause the Trustee to deposit such amounts into the applicable Principal Account, the applicable Interest Funding Account, the Excess Funding Account, or any Series Account or pay such amounts to the Holder of the Exchangeable Transferor Certificate in accordance with the provisions of this Article IV.

Allocation for Series. On each Business Day, (i) the amount of --------------------- Interest Finance Charge Collections available in the Collection Account allocable to each Series shall be determined by multiplying the aggregate amount of such Interest Finance Charge Collections by the Floating Allocation Percentage for such Series, (ii) the amount of Principal Collections available in the Collection Account allocable to each Series shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period for a Series, the Floating Allocation Percentage for such Series and (y) during any Amortization Period for a Series, the Fixed/Floating Fixed Allocation Percentage for such Series, and (iii) the Receivables in Defaulted Receivables Accounts allocable to each Series shall be determined by multiplying the aggregate amount of such Receivables in Defaulted Receivables Accounts by the Floating Allocation Percentage for such Series. The Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, cause the Trustee to withdraw the required amounts from the Collection Account and cause the Trustee to deposit such amounts into the applicable Principal Account, the applicable Interest Funding Account, the Excess Funding Equalization Account, or any Series Account or pay such amounts to the Holder of the Exchangeable Transferor Certificate in accordance with the provisions of this Article IV.

Allocation for Series. On each Business Day, (i) the amount of --------------------- Interest Collections available in the Collection Account allocable to each Series shall be determined by multiplying the aggregate amount of such Interest Collections by the Floating Allocation Percentage for such Series, (ii) the amount of Principal Collections available in the Collection Account allocable to each Series shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period for a Series, the Floating Allocation Percentage for such Series and (y) during any Amortization Period for a Series, the Fixed/Floating Allocation Percentage for such Series, and (iii) the Defaulted Receivables allocable to each Series shall be determined by multiplying the aggregate amount of such Defaulted Receivables by the Floating Allocation Percentage for such Series. The Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, cause the Trustee to withdraw the required amounts from the Collection Account and cause the Trustee to deposit such amounts into the applicable Principal Account, the applicable Interest Funding Account, the Excess Funding Account, or any Series Account or pay such amounts to the Holder of the Exchangeable Transferor Certificate in accordance with the provisions of this Article IV.Excess