Common use of Allocations of Amounts to the Excess Funding Account and Allocations of Amounts on Deposit in the Excess Funding Account Clause in Contracts

Allocations of Amounts to the Excess Funding Account and Allocations of Amounts on Deposit in the Excess Funding Account. (a) If, at the end of any Monthly Period, (i) the Transferor Amount is, or as a result of a payment on the related First Note Transfer Date would become, less than the Required Transferor Amount or (ii) the Pool Balance is, or as a result of a payment on the related First Note Transfer Date would become, less than the Required Pool Balance, the Indenture Trustee shall, pursuant to subsection 5.08(d), allocate or deposit to the Excess Funding Account an amount equal to the greater of (i) the amount by which the Transferor Amount would be less than the Required Transferor Amount and (ii) the amount by which the Pool Balance would be less than the Required Pool Balance, each determined with respect to the related Monthly Period.