Common use of Class B Notes Clause in Contracts

Class B Notes. On each Determination Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid pursuant to Section 3.4 from the Series 2010-6 Accrued Interest Account to the extent funds are anticipated to be available from Interest Collections allocable to the Series 2010-6 Notes and the Series 2010-6 Interest Rate Cap Proceeds processed from, but not including, the preceding Distribution Date through the succeeding Distribution Date in respect of (x) first, an amount equal to the Class B Senior Monthly Interest for the Series 2010-6 Interest Period ending on the day preceding the related Distribution Date, (y) second, an amount equal to the Class B Commitment Fees for each Purchaser Group for the Series 2010-6 Interest Period ending on the day preceding the related Distribution Date, and (z) third, an amount equal to the amount of any unpaid Class B Senior Monthly Interest Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class B Senior Monthly Interest Shortfall). On the following Distribution Date, the Trustee shall withdraw the amounts described in the first sentence of this Section 3.3(a)(ii) from the Series 2010-6 Accrued Interest Account and deposit such amounts in the Series 2010-6 Distribution Account.

Class B Notes. On each Determination Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid pursuant to Section 3.4 from the Series 20102015-6 3 Accrued Interest Account to the extent funds are anticipated to be available from Interest Collections allocable to the Series 20102015-6 3 Notes and the Series 20102015-6 3 Interest Rate Cap Proceeds processed from, but not including, the preceding Distribution Date through the succeeding Distribution Date in respect of (x) first, an amount equal to the Class B Senior Monthly Interest for the Series 20102015-6 3 Interest Period ending on the day preceding the related Distribution Date, (y) second, an amount equal to the Class B Commitment Fees for each Purchaser Group for the Series 20102015-6 3 Interest Period ending on the day preceding the related Distribution Date, and (z) third, an amount equal to the amount of any unpaid Class B Senior Monthly Interest Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class B Senior Monthly Interest Shortfall). On the following Distribution Date, the Trustee shall withdraw the amounts described in the first sentence of this Section 3.3(a)(ii) from the Series 20102015-6 3 Accrued Interest Account and deposit such amounts in the Series 20102015-6 3 Distribution Account.