Determination Date Calculations; Application of Available Funds. (a) On each Determination Date, the Servicer shall calculate the following amounts:
(i) the Available Collections for the following Distribution Date;
(ii) the Total Servicing Fee, any Unreimbursed Servicer Advances and any Unrelated Amounts for the preceding Collection Period;
(iii) any payments pursuant to Section 2.8(a)(ii) of the Indenture, including any amounts due to the Asset Representations Reviewer pursuant to the Asset Representations Review Agreement (to the extent not previously paid by the Servicer) pursuant to Section 2.8(a)(ii)(b) of the Indenture;
(iv) the Total Note Interest for each Class of Class A Notes for the following Distribution Date;
(v) the Priority Principal Distributable Amount for the following Distribution Date;
(vi) the Total Note Interest for the Class B Notes for the following Distribution Date;
(vii) the Secondary Principal Distributable Amount for the following Distribution Date;
(viii) the Total Note Interest for the Class C Notes for the following Distribution Date;
(ix) the Tertiary Principal Distributable Amount for the following Distribution Date;
(x) the Total Note Interest for the Class D Notes for the following Distribution Date;
(xi) the Quaternary Principal Distributable Amount for the following Distribution Date;
(xii) the sum of the amounts described in clauses (ii) through (xi) above (the “Required Payment Amount”);
(xiii) the Regular Principal Distributable Amount for the following Distribution Date;
(xiv) any payments pursuant to Section 2.8(xiii) of the Indenture; and
(xv) whether a Delinquency Trigger Event has occurred.
(b) On each Determination Date, the Servicer shall calculate the following amounts:
(i) the lesser of (A) the amount, if any, by which the Required Payment Amount for the following Distribution Date exceeds the Available Collections for such Distribution Date and (B) the Reserve Account Amount for such Distribution Date (before giving effect to any deposits to or withdrawals from the Reserve Account on such Distribution Date) (such lesser amount, the “Reserve Account Draw Amount”); provided, that, the Reserve Account Draw Amount will be reduced by any Unreimbursed Servicer Advance and any amounts owing to CarMax or any Affiliate of CarMax to the extent such Person is the Servicer; provided, however, that (i) if on the last day of the preceding Collection Period the Pool Balance is zero, the Reserve Account Draw Amount for such Distribution Date shall equal the Reserve Account Amount for ...
Determination Date Calculations; Application of Available Funds. (a) On each Determination Date, the Servicer shall calculate the following amounts with respect to the related Payment Date and Collection Period:
(i) the Available Collections;
(ii) the Total Servicing Fee (including the amount of any Nonrecoverable Advances);
(iii) if not previously paid, the Total Trustee Fees and the Asset Representations Reviewer Fees;
(iv) the Interest Distributable Amount for each Class of interest-bearing Notes;
(v) the Priority Principal Distributable Amount;
(vi) the Regular Principal Distributable Amount; and
(vii) the sum of the amounts described in clauses (ii) through (v) above (the “Required Payment Amount”); provided, however, that so long as the Notes have not been accelerated in accordance with the Indenture following an Event of Default, the aggregate amount to be included in the Required Payment Amount pursuant to clause (iii) above shall not exceed $250,000 in any given calendar year; provided, further that the Required Payment Amount with respect to each Payment Date shall be reduced by any unreimbursed Advance and any amounts payable to the Servicer, so long as DTFS USA or any affiliate thereof is the Servicer. On each Determination Date, the Servicer shall calculate the Reserve Fund Amount, the Reserve Fund Required Amount, the Reserve Fund Draw Amount and the amount, if any, by which the Reserve Fund Required Amount exceeds the Reserve Fund Amount (after giving effect to any deposits to the Reserve Fund and the withdrawal of the Reserve Fund Draw Amount for such Payment Date).
(b) On each Determination Date, the Servicer shall instruct the Indenture Trustee to apply (or cause to be applied) on the related Payment Date, the Available Funds for such Payment Date to make the related payments and deposits set forth in Section 2.08 of the Indenture.
Determination Date Calculations; Application of Available Funds. (a) On each Determination Date, the Servicer shall calculate the following amounts:
(i) the Available Collections for the following Distribution Date;
(ii) the Total Servicing Fee for the preceding Collection Period;
(iii) the Total Note Interest for each class of Notes for the following Distribution Date;
(iv) the Total Certificate Interest for the following Distribution Date;
(v) the Monthly Note Principal for the following Distribution Date;
(vi) the Monthly Certificate Principal for the following Distribution Date;
(vii) the Insurance Premium for the following Distribution Date plus any overdue Insurance Premiums for previous Distribution Dates;
(viii) the aggregate amount of any unreimbursed payments under the Policy, including any amount deposited by the Insurer pursuant to Section 5.2(d) or (e) of the Indenture, to the extent payable to the Insurer under the Insurance Agreement plus accrued interest on any unreimbursed payments under the Policy, including any amount deposited by the Insurer pursuant to Section 5.2(d) or (e) of the Indenture, at the rate provided in the Insurance Agreement plus any other amounts due the Insurer under the Insurance Agreement plus any unreimbursed Insurer Defense Costs;
(ix) the sum of the amounts described in clauses (ii) through (vi) above (the "Required Payment Amount"); and
(x) the sum of the amounts described in clauses (vii) and
