Allocations of Principal Collections. The Servicer shall allocate to the Series 1997-1 Certificateholders the following amounts as set forth below:
Allocations of Principal Collections. The Issuer shall allocate to the Series 2012-1 Noteholders the following amounts as set forth below:
Allocations of Principal Collections. The Servicer shall ------------------------------------ allocate to the Series 2001-A Noteholders the following amounts as set forth below:
Allocations of Principal Collections. With respect to each Monthly Period, the Indenture Trustee, at the direction of the Servicer, shall allocate to each Series of Notes an amount equal to the product of (i) the Principal Allocation Percentage for Principal Collections for such Monthly Period for such Series and (ii) the Principal Collections for such Monthly Period. In addition, with respect to each Monthly Period, if there is a Remaining Series Available Principal Collections Shortfall for any Series of Notes, the Indenture Trustee, at the direction of the Servicer, shall allocate to each such Series of Notes a portion of Collateral Certificate Principal Shortfall Payments for such Monthly Period in an amount equal to the Remaining Series Available Principal Collections Shortfall for such Series in accordance with the applicable Indenture Supplement; provided, however, that if the aggregate amount of Collateral Certificate Principal Shortfall Payments is less than the aggregate Remaining Series Available Principal Collections Shortfall for all Series, then Collateral Certificate Principal Shortfall Payments allocable to each Series shall equal the product of (i) the Collateral Certificate Principal Shortfall Payments for such Monthly Period and (ii) a fraction, the numerator of which is the Remaining Series Available Principal Collections Shortfall for such Series and the denominator of which is the aggregate Remaining Series Available Principal Collections Shortfall for all Series of Notes for such Monthly Period.
Allocations of Principal Collections. The Servicer shall, on or prior to the close of business on each Deposit Date, apply the following amounts, as set forth below:
(i) During the Revolving Period, allocate to Series 2000-1 an amount equal to the product of (x) the Floating Allocation Percentage for such Deposit Date and (y) the aggregate amount of Principal Collections on such Deposit Date (such product for any Deposit Date, the "Daily Principal Allocation"), which amount shall be retained by the Servicer for application in accordance with Section 4.06(b); provided, however, that the Daily Principal Allocation for any Deposit Date shall be retained by the Servicer only if the Pool Balance for the immediately preceding Business Day (determined after giving effect to any Principal Receivables transferred to the Trust through the close of business on such Business Day) exceeds the Required Pool Balance for such Business Day (calculated before giving effect to any deposits to the Excess Funding Account and any excess funding account for any other Series in their revolving period or, if applicable, their amortization period through the close of business on such Business Day) and otherwise shall be deposited in the Excess Funding Account in an amount up to the Excess Funded Amount for such Deposit Date minus the amount then on deposit in the Excess Funding Account and the remainder shall be retained by the Servicer for application in accordance with Section 4.06(b) hereof.
(ii) During the Controlled Accumulation Period, allocate to Series 2000-1 and deposit and retain in the Collection Account an amount equal to the Daily Principal Allocation (which, during the Controlled Accumulation Period, shall be an amount equal to the product of (x) the Principal Allocation Percentage for such Deposit Date and (y) the aggregate amount of Principal Collections on such Deposit Date); provided, however, that if the sum of the Daily Principal Allocations for the same Collection Period exceeds the Controlled Deposit Amount for the related Distribution Date, then such excess shall not be deposited in the Collection Account but shall be retained by the Servicer for application in accordance with Section 4.06(d) hereof; provided further, however, that such excess for any Deposit Date shall be retained by the Servicer only if the Pool Balance for the immediately preceding Business Day (determined after giving effect to any Principal Receivables transferred to the Trust through the close of business on such Business D...
Allocations of Principal Collections. The Servicer shall allocate to the Series 2009-VFN Noteholders the following amounts as set forth below:
Allocations of Principal Collections. On each Date of Processing, the Issuer shall allocate to the Noteholders of the Series issued pursuant to this Indenture Supplement an amount equal to the product of (A) the Allocation Percentage and (B) the aggregate amount of Principal Collections processed on such Date of Processing. Principal Collections allocated to the Series issued pursuant to this Indenture Supplement in excess of the Investor Principal Collections shall be treated as Shared Principal Collections. On or prior to 12:00 noon, New York City time, on each Transfer Date, the Issuer shall transfer from the Collection Account to the Principal Account, an amount equal to the Available Principal Collections to the extent such funds have not been deposited into the Principal Account pursuant to Section 4.4(a) or any other provision of this Agreement.
Allocations of Principal Collections. With respect to each Monthly Period, the Servicer shall allocate to each Asset Pool an amount equal to the Principal Collections from the Trust Assets identified in the applicable Asset Pool Supplement to be included in the Collateral for such Asset Pool for such Monthly Period.
Allocations of Principal Collections. The Issuer shall allocate to the Series [_____] Noteholders the following amounts as set forth below:
Allocations of Principal Collections. (a) On each date on which Collections are deposited into the Collection Account, the Indenture Trustee shall allocate the Principal Collections deposited on such date among each Series of Notes and the Transferor Interest in accordance with directions provided by the Servicer in the Daily Servicer’s Certificate. The Principal Collections shall be allocated as follows:
(i) Principal Collections shall be allocated to the holders of the Transferor Interest in an amount equal to the product of (A) the Transferor Percentage for the date of determination and (B) the Principal Collections deposited into the Collection Account on such date.
(ii) Principal Collections shall be allocated to each Series of Notes in an amount equal to the product of (A) the Principal Allocation Percentage for such Series (for such date of determination) and (B) the Principal Collections deposited into the Collection Account on such date.
(b) The amount of Principal Collections allocated to the Transferor Interest on any date pursuant to Section 5.05(a)(i) shall be paid by the Indenture Trustee to the holders of the Transferor Interest not later than the following Business Day as directed by the Servicer; provided, however, that amounts allocated to the holders of the Transferor Interest pursuant to Section 5.05(a)(i) and payable to the holders of the Transferor Interest shall instead be deposited into the Excess Funding Account on the following Business Day to the extent that (x) the Transferor Amount is, or as a result of such payment would become, less than the Required Transferor Amount or (y) the Pool Balance is, or as a result of such payment would become, less than the Required Pool Balance.
