Determination of Monthly Principal Amount. The amount of monthly principal distributable from the Collection Account with respect to the Notes on each Distribution Date (the "MONTHLY PRINCIPAL AMOUNT"), beginning with the Distribution Date in the month following the month in which the Controlled Accumulation Period or, if earlier, the Early Amortization Period, begins, will be equal to the least of (i) the Available Investor Principal Collections with respect to such Distribution Date, (ii) for each Distribution Date with respect to the Controlled Accumulation Period, the Controlled Deposit Amount for such Distribution Date and (iii) the Adjusted Invested Amount as of such Distribution Date (after taking into account any adjustments to be made on such Distribution Date pursuant to Sections 4.05 and 4.06).
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Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2004-1), Ford Credit Floorplan Master Owner Trust a Series 2006-4, Ford Credit Floorplan Master Owner Trust a Series 2006-3
Determination of Monthly Principal Amount. The amount of monthly principal distributable from the Collection Account with respect to the Class A Notes on each Distribution Date (the "MONTHLY PRINCIPAL AMOUNTMonthly Principal Amount"), beginning with the Distribution Date in the month following the month in which the Controlled Accumulation Period or, if earlier, the Early Amortization Period, begins, will be equal to the least of (i) the Available Investor Principal Collections with respect to such Distribution Date, (ii) for each Distribution Date with respect to the Controlled Accumulation Period, the Controlled Deposit Amount for such Distribution Date and (iii) the Adjusted Invested Amount as of such Distribution Date (after taking into account any adjustments to be made on such Distribution Date pursuant to Sections 4.05 and 4.06).
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Samples: Ford Credit Floorplan Master Owner Trust a Series 2009-2
Determination of Monthly Principal Amount. The amount of monthly principal distributable from the Collection Account with respect to the Series 2010-5 Notes on each Distribution Date (the "MONTHLY PRINCIPAL AMOUNTMonthly Principal Amount"), beginning with the Distribution Date in the month following the month in which the Controlled Accumulation Period or, if earlier, the Early Amortization Period, begins, will be equal to the least of (i) the Available Investor Principal Collections with respect to such Distribution Date, (ii) for each Distribution Date with respect to the Controlled Accumulation Period, the Controlled Deposit Amount for such Distribution Date and (iii) the Adjusted Invested Amount as of such Distribution Date (after taking into account any adjustments to be made on such Distribution Date pursuant to Sections 4.05 and 4.06).
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Samples: Ford Credit Floorplan Master Owner Trust a Series 2010-5