Application of Funds on Deposit in the Collection Account for the Certificates. On each Transfer Date, the Servicer shall instruct the Trustee in writing to apply, and on the immediately succeeding Distribution Date the Trustee, acting in accordance with such instructions, shall apply, for the Collection Period immediately preceding such Distribution Date, from amounts on deposit in the Collection Account (A) an amount equal to the Floating Allocation Percentage of Yield Collections plus an amount equal to the Transferor Percentage of Principal Collections equal to the Available Subordinated Amount, if any, allocable to the Certificates pursuant to Section 4.13 plus any net investment income with respect to the Principal Funding Account plus the Floating Allocation Percentage of net investment income on the Collection Account (to the extent provided in Section 4.1(b) of the Agreement) plus the Floating Allocation Percentage of net investment income on the Special Funding Account to the extent provided in Section 4.2(c) of the Agreement (collectively, the "Available Yield Funds") all in the manner set forth in Sections 4.9(a) through 4.9(i) below and (B) an amount equal to the sum of the remaining funds on deposit in the Collection Account with respect to such Distribution Date including any Available Yield Funds remaining after the application described in Sections (a) through (j) below, the Fixed Allocation Percentage of Principal Collections, Excess Principal Collections, if any, from other Series allocable to the Series 2000-1 Certificates pursuant to Section 4.12 and the Transferor Percentage of Principal Collections allocable to the Series 2000-1 Certificates pursuant to Section 4.13 (collectively the "Available Principal Funds") in the manner set forth in Section 4.9(j) of this Agreement.
Application of Funds on Deposit in the Collection Account for the Certificates. (a) On each Business Day, the Servicer shall deliver to the Trustee a Daily Report in which it shall instruct the Trustee to withdraw, and the Trustee, acting in accordance with such instructions, shall withdraw, to the extent of the sum of (x) prior to the Pay Out Commencement Date, the Floating Allocation Percentage of the sum of Finance Charge Collections and the amount of Adjustment Payments made by the Transferor with respect to Adjustment Payments required to be made but not made in a prior Monthly Period, available in the Collection Account or, on and after the Pay Out Commencement Date, the Fixed/Floating Allocation Percentage of the sum of Finance Charge Collections and the amount of Adjustment Payments made by the Transferor with respect to Adjustment Payments required to be made by not made in a prior Monthly Period, available in the Collection Account, and (y) amounts on deposit in the Payment Reserve Account, if any, if and to the extent the Transferor designates that such amounts are to be so applied (the "Available Series 1997-2 Finance Charge Collections"; provided, that with respect to the Closing Date the amount deposited by the Transferor into the Interest Funding Account pursuant to subsection 4.5(a) of the Agreement shall also constitute Available Series 1997-2 Finance Charge Collections) the amounts required to be withdrawn from the Collection Account pursuant to subsections 4.9(a)(i) through 4.9(a)(xvii) of the Agreement.
Application of Funds on Deposit in the Collection Account for the Certificates. (a) On each Business Day, the Servicer shall deliver to the Trustee a Daily Report in which it shall instruct the Trustee to withdraw, and the Trustee, acting in accordance with such instructions, shall withdraw, to the extent of the amount of the Floating Allocation Percentage of Interest Collections available in the Collection Account and net investment earnings on amounts in the Pre-Funding Account (the "Series Available Interest Collections"), the amounts required to be withdrawn from the Collection Account pursuant to subsections4.9(a)(i) through 4.9(a)(xiv).
Application of Funds on Deposit in the Collection Account for the Certificates. (a) On each Distribution Date, the Servicer shall instruct the Trustee to withdraw, and the Trustee, acting in accordance with such instructions set forth in the Monthly Servicer Report, shall withdraw from the Collection Account, or retain therein, as applicable, to the extent of the sum of (x) the Floating Allocation Percentage of Collections of Finance Charge Receivables collected during the preceding Monthly Period plus (y) any investment earnings on amounts on deposit in the Principal Funding Account deposited in the Collection Account pursuant to Section 4.11(b) and investment earnings on amounts on deposit in the Reserve Account deposited in the Collection Account pursuant to Section 4.13(b) PLUS (z) the Reserve Draw Amount deposited into the Collection Account pursuant to subsection 4.13(d) (such sum, the "Available Series 1997-1 Finance Charge Collections"; PROVIDED that, with respect to the first Distribution Date, the amount deposited by the Transferor into the Collection Account pursuant to Section 4.2(a) shall also constitute Available Series 1997-1 Finance Charge Collections), the following amounts, and apply such amounts as follows and in the following priority:
Application of Funds on Deposit in the Collection Account for the Certificates. (a) On each Business Day, the Servicer shall deliver to the Trustee a Daily Report in which it shall instruct the Trustee to withdraw, and the Trustee, acting in accordance with such instructions, shall withdraw, to the extent of (x) the sum of (i) the Floating Allocation Percentage of Finance Charge Collections available in the Collection Account, (ii) amounts released from the Spread Account pursuant to subsection 4.2(h) and (iii) investment earnings on amounts on deposit in the Principal Account (the "Available Series 1997-1 Finance Charge Collections"), the amounts required to be withdrawn from the Collection Account, pursuant to subsections 4.6(a)(i) through 4.6(a)(xv).
Application of Funds on Deposit in the Collection Account for the Certificates. (b) On each Business Day, the Servicer shall deliver to the Trustee a Daily Report in which it shall instruct the Trustee to withdraw, and the Trustee, acting in accor dance with such instructions, shall withdraw, to the extent of Total Finance Charge Collections plus any investment earnings on amounts on deposit in the Princi pal Funding Account deposited in the Collection Account pursuant to subsection 4.08(b) of the Agreement (the "Available Series 2000-1 Finance Charge Collections"), the amounts required to be withdrawn from the Collection Account pursuant to subsections 4.09(a)(i) through 4.09(a)(ix) of the Agreement.
Application of Funds on Deposit in the Collection Account for the Certificates. (a) On each Business Day, the Servicer shall deliver to the Trustee a Daily Report in which it shall instruct the Trustee to withdraw, and the Trustee, acting in accordance with such instructions, shall withdraw from the Collection Account, to the extent of the sum of (w) the Floating Allocation Percentage of Imputed Yield Collections available in the Collection Account, (x) Investment Earnings on deposit in the Collection Account and (y) amounts on deposit in the Payment Reserve Account, if any, if and to the extent so designated by the Transferor (the "Available Series 1997-1 Imputed Yield Collections") the amounts set forth in subsections 4.9(a)(i) through 4.9(a)(xi) of the Agreement.
Application of Funds on Deposit in the Collection Account for the Certificates. (a) On each Business Day, the Servicer shall deliver to the Trustee a Daily Report in which it shall instruct the Trustee to withdraw, and the Trustee, acting in accordance with such instructions, shall withdraw, to the extent of (x) the sum of (i) the Floating Allocation Percentage of Finance Charge Collections available in the Collection Account and (ii) investment earnings on amounts on deposit in the Principal Account (the "AVAILABLE SERIES 1995-1 FINANCE CHARGE COLLECTIONS") plus (y) the Daily Cap Proceeds Amount, if any, the amounts required to be withdrawn from the Collection Account and the Cap Proceeds Account pursuant to subsections 4.9(a)(i) through 4.9(a)(xvii).
Application of Funds on Deposit in the Collection Account for the Certificates. On each Determination Date, the Servicer shall instruct the Trustee to withdraw or retain, and on the succeeding Distribution Date the Trustee acting in accordance with such instructions shall withdraw or retain, the amounts required to be withdrawn from or retained in the Collection Account pursuant to subsections 4.8(a) through 4.8(i). The distributions to be made to the Class B Certificates pursuant to this Section 4.8 shall be subject to subsection 4.9(b) hereof.
Application of Funds on Deposit in the Collection Account for the Certificates. (a) On each Determination Date, the Servicer shall determine the Available Imputed Yield Collections credited to the Interest Subaccount with respect to the prior Monthly Period, and shall direct the Trustee to distribute such amounts from the Collection Account on the related Transfer Date pursuant to subsections 4.9(a)(i) through (vii) below, and on the related Distribution Date pursuant to subsection 4.9(a)(viii) below, and in such order of priority as set forth below, in accordance with the Settlement Statement delivered on such Determination Date.
