Common use of Determinations of the Master Servicer Clause in Contracts

Determinations of the Master Servicer. On each Determination Date, the Master Servicer will determine: (a) the Net Value of all Purchased Receivables which have become Rejected Receivables since the prior Purchase Date (the "Rejected Receivable Amount"); (b) the amount of Collections up to the Purchase Price of all Purchased Receivables received since the prior Determination Date (the "Paid Receivables Amount"); (c) the Net Value of all Purchased Receivables which have become Defaulted Receivables since the prior Purchase Date (the "Defaulted Receivable Amount"); (d) the aggregate amount deposited in the Collection Account in excess of the Purchase Price of each Purchased Receivable since the prior Determination Date (the "Excess Collection Amount"); and (e) the Net Value of all Purchased Receivables less the Rejected Receivable Amount and the Defaulted Receivable Amount as of the current Determination Date.

Determinations of the Master Servicer. On each Determination Date, the Master Servicer will determine: (a) the Net Value of all Purchased Receivables which have become Rejected Receivables since the prior Purchase Date (the "“Rejected Receivable Amount"”); (b) the amount of Collections up to the Purchase Price of all Purchased Receivables received since the prior Determination Date (the "“Paid Receivables Amount"”); (c) the Net Value of all Purchased Receivables which have become Defaulted Receivables since the prior Purchase Date (the "“Defaulted Receivable Amount"”); (d) the aggregate amount deposited in the Collection Lockbox Account in excess of the Purchase Price of each Purchased Receivable Receivable, including Collections pertaining to Receivables not purchased under this Agreement, since the prior Determination Date (the "“Excess Collection Amount"”); and (e) the Net Value of all Purchased Receivables less the Rejected Receivable Amount and the Defaulted Receivable Amount as of the current Determination DateDate (the “Current Net Value Amount”).