Common use of Determination of Monthly Principal Clause in Contracts

Determination of Monthly Principal. (a) The amount of monthly principal ("Class A Monthly Principal") distributable from the Collection Account with respect to the Class A Certificates on each Distribution Date beginning with the first to occur of (i) the first Special Payment Date, if any, and (ii) the first Distribution Date to occur with respect to the Accumulation Period, shall be equal to the Available Investor Principal Collections on deposit in the Collection Account with respect to such Distribution Date; provided, however, that for each Distribution Date with respect to any Monthly Period, Class A Monthly Principal shall not exceed the Controlled Distribution Amount for such Distribution Date; and provided further that Class A Monthly Principal shall not exceed the Class A Invested Amount. (b) The amount of monthly principal ("Class B Monthly Principal") distributable from the Collection Account with respect to the Class B Certificates on each Distribution Date beginning with the Class B Principal Commencement Date, shall be equal to the Available Investor Principal Collections on deposit in the Collection Account with respect to such Distribution Date (minus the portion of such Available Investor Principal Collections applied to Class A Monthly Principal on such Distribution Date); provided, however, that Class B Monthly Principal shall not exceed the Class B Invested Amount.

Determination of Monthly Principal. (a) The amount of monthly principal ("Class A ---------------------------------- Monthly Principal") Principal distributable from the Collection Account with respect to the Class A Certificates on each Distribution Date beginning with the first to occur of (i) the first Special Payment Date, if any, and (ii) the first Distribution Date to occur with respect to the Accumulation Period, an Early Amortization Period or an Initial Amortization Period shall be equal to the Available Investor Principal Collections on deposit in the Collection Account with respect to such Distribution Date; provided, however, that for -------- ------- Monthly Principal shall in no event exceed the outstanding principal balance of the applicable Class of Certificates. The amount of Monthly Principal distributable with respect to the Certificates on each Distribution Date with respect to any Monthly Period, Class A Monthly Principal shall not exceed the Controlled Distribution Amount for such Distribution Date; and provided further that Class A Monthly Principal shall not exceed the Class A Invested Amount. (b) The amount of monthly principal ("Class B Monthly Principal") distributable from the Collection Account with respect to the Class B Certificates on each Distribution Date beginning with the Class B Principal Commencement Date, Amortization Period shall be equal to the Available Investor Principal Collections on deposit in the Collection Account with respect to such Distribution Date (minus the portion of such Available Investor Principal Collections applied to Class A Monthly Principal on such Distribution Date); provided, however, -------- ------- that Class B Monthly Principal distributable to the Holders of the Class A Certificates on any Class A Amortization Date shall not in no event exceed the Class A Controlled Distribution Amount; and provided further, that Monthly Principal distributable -------- ------- to the Holders of the Class A Certificates and the Class B Invested AmountCertificates shall in no event exceed in the aggregate the outstanding principal balances of the Class A Certificates and the Class B Certificates, respectively.

Determination of Monthly Principal. (a) The amount of monthly principal ("Class A A-1 Monthly Principal") Principal distributable from the Collection Account with respect to the Class A A-1 Certificates on each Distribution Date beginning with the first to occur of (i) the first Special Payment Date, if any, and (ii) the first Distribution Date to occur with respect to the Class A-1 Accumulation Period, Period shall be equal to the Class A-1 Available Investor Principal Collections on deposit in the Collection Account with respect to such Distribution Date; provided, however, that that, for each such Distribution Date with respect to any Monthly PeriodDate, Class A A-1 Monthly Principal shall not exceed the Class A-1 Controlled Distribution Amount for such Distribution Date; and provided further that Class A A-1 Monthly Principal shall not exceed the Class A A-1 Invested Amount. (b) The amount of monthly principal ("Class B A-2 Monthly Principal") Principal distributable from the Collection Account with respect to the Class B A-2 Certificates on each Distribution Date beginning with respect to the Class B Principal Commencement Date, A-2 Accumulation Period shall be equal to the Class A-2 Available Investor Principal Collections on deposit in the Collection Account with respect to such Distribution Date (minus the portion of such Available Investor Principal Collections applied to Class A Monthly Principal on such Distribution Date); provided, however, that that, for each such Distribution Date, Class B A-2 Monthly Principal shall not exceed the Class B A-2 Controlled Distribution Amount for such Distribution Date; and provided further that Class A-2 Monthly Principal shall not exceed the Class A-2 Invested Amount. (c) The amount of Class A-1 Monthly Principal distributable on each Distribution Date with respect to an Early Amortization Period shall be equal to the Class A-1 Invested Amount or, if less, the amount distributable in respect of the Class A-1 Certificates on such Distribution Date pursuant to Section 4.06(e). (d) The amount of Class A-2 Monthly Principal distributable on each Distribution Date with respect to an Early Amortization Period shall be equal to the Class A-2 Invested Amount or, if less, the amount distributable in respect of the Class A-2 Certificates on such Distribution Date pursuant to Section 4.06(e).