Common use of Allocations of Asset Clause in Contracts

Allocations of Asset. Pool One Finance Charge Collections and the Asset Pool One Default Amount to the CHASEseries Notes. (a) With respect to each Monthly Period, the Collateral Agent, at the written direction of the Servicer, shall allocate to the CHASEseries Notes or any Class or Tranche of CHASEseries Notes an amount equal to the product of (i) the CHASEseries Floating Allocation Percentage and (ii) the sum of the Asset Pool One Finance Charge Collections for such Monthly Period and the investment earnings for such Monthly Period on amounts on deposit in the Collection Account and the Excess Funding Account established for the benefit of all Asset Pool One Notes. (b) With respect to each Monthly Period, the Collateral Agent, at the written direction of the Servicer, shall allocate to the CHASEseries Notes an amount equal to the CHASEseries Default Amount for such Monthly Period. (c) With respect to each Monthly Period, the Collateral Agent, at the written direction of the Servicer, shall allocate to the CHASEseries Notes an amount equal to the CHASEseries Servicing Fee for such Monthly Period.

Allocations of Asset. Pool One Finance Charge Collections and the Asset Pool One Default Amount to the CHASEseries ONEseries Notes. (a) With respect to each Monthly Period, the Collateral Agent, at the written direction of the Servicer, shall allocate to the CHASEseries ONEseries Notes or any Class or Tranche of CHASEseries ONEseries Notes an amount equal to the product of (i) the CHASEseries ONEseries Floating Allocation Percentage and (ii) the sum of the Asset Pool One Finance Charge Collections for such Monthly Period and the investment earnings for such Monthly Period on amounts on deposit in the Collection Account and the Excess Funding Account established for the benefit of all Asset Pool One Notes. (b) With respect to each Monthly Period, the Collateral Agent, at the written direction of the Servicer, shall allocate to the CHASEseries ONEseries Notes an amount equal to the CHASEseries ONEseries Default Amount for such Monthly Period. (c) With respect to each Monthly Period, the Collateral Agent, at the written direction of the Servicer, shall allocate to the CHASEseries ONEseries Notes an amount equal to the CHASEseries ONEseries Servicing Fee for such Monthly Period.