Common use of Allocations During the Rapid Amortization Period Clause in Contracts

Allocations During the Rapid Amortization Period. During the ------------------------------------------------ Rapid Amortization Period, an amount equal to the product of (I) the Allocation Percentage and (II) the aggregate amount of Principal Collections deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 2000-A Noteholders and retained in the Collection Account until applied as provided herein; provided, -------- however, that after the date on which an amount of such Collections ------- equal to the Adjusted Collateral Amount has been deposited into the Collection Account and allocated to the Series 2000-A Noteholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Distribution Date, second deposited in the Excess Funding Account to the extent necessary so that the Seller Amount is not less than the Minimum Seller Amount and third paid to the Holders of the Seller Interest.

Allocations During the Rapid Amortization Period. During ------------------------------------------------ the ------------------------------------------------ Rapid Amortization Period, an amount equal to the product of (I) the Allocation Percentage and (II) the aggregate amount of Principal Collections deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 20002001-A Noteholders and retained in transferred to the Collection Account Principal Collections Subaccount until applied as provided herein; provided, -------- however, that after the -------- ------- date on which an amount of such Collections ------- equal to the Adjusted Collateral Amount Note Principal Balance plus any amounts owing to the Counterparty under the Swap and the Insurer under the Insurance Agreement has been deposited into the Collection Account and allocated to the Series 20002001-A Noteholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in transferred to the Collection Account Principal Collections Subaccount for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Distribution Date, second deposited in the Excess Funding Account to the extent necessary so that the Seller Amount is not less than the Minimum Seller Amount and third paid to the Holders holders of the Seller Interest.

Allocations During the Rapid Amortization Period. During ------------------------------------------------ the ------------------------------------------------ Rapid Amortization Period, an amount equal to the product of (I) the Allocation Percentage and (II) the aggregate amount of Principal Collections deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 20002001-A Noteholders and retained in transferred to the Collection Account Principal Collections Subaccount until applied as provided herein; provided, -------- however, that after the date on which an amount of such -------- ------- Collections ------- equal to the Adjusted Collateral Amount Note Principal Balance plus any amounts owing to the Counterparty under the Swap and the Insurer under the Insurance Agreement has been deposited into the Collection Account and allocated to the Series 20002001-A Noteholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in transferred to the Collection Account Principal Collections Subaccount for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Distribution Date, second deposited in the Excess Funding Account to the extent necessary so that the Seller Amount is not less than the Minimum Seller Amount and third paid to the Holders holders of the Seller Interest.

Allocations During the Rapid Amortization Period. During the ------------------------------------------------ Rapid Amortization Period, an amount equal to the product of (I) the Allocation Percentage and (II) the aggregate amount of Principal Collections deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 20002001-A Noteholders and retained in transferred to the Collection Account Principal Collections Subaccount until applied as provided herein; provided, -------- however, that after the -------- ------- date on which an amount of such Collections ------- equal to the Adjusted Collateral Amount Note Principal Balance has been deposited into the Collection Account and allocated to the Series 20002001-A Noteholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in transferred to the Collection Account Principal Collections Subaccount for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Distribution Date, second deposited in the Excess Funding Account to the extent necessary so that the Seller Amount is not less than the Minimum Seller Amount and third paid to the Holders of the Seller Interest.

Allocations During the Rapid Amortization Period. During the ------------------------------------------------ Rapid Amortization Period, an amount equal to the product of (I) the Allocation Percentage and (II) the aggregate amount of Collections of Principal Collections Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 2000-A Noteholders and retained in the Collection Account until applied as provided herein; provided, -------- however, that after the date on which an amount of such Collections ------- equal to the Adjusted Collateral Amount has been deposited into the Collection Account and allocated to the Series 2000-A Noteholders, such amount shall be first, if any other Principal Sharing Series in Group One is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series in Group One on the related Distribution Date, second deposited in the Excess Funding Account to the extent necessary so that the Seller Amount is not less than the Minimum Seller Amount and third paid to the Holders of the Seller Interest.