Common use of Determinations of the Servicer Clause in Contracts

Determinations of the Servicer. On each Determination Date, the Servicer will determine: (a) the Net Value of all Purchased Receivables as of the prior Determination Date plus the Net Value of all Purchased Receivables purchased on the prior Purchase Date (the "Prior Net Value Amount"); (b) the amount of Collections on all Purchased Receivables received since the prior Determination Date (the "Paid Receivables Amount"); (c) the Net Value of all Purchased Receivables as of the current Determination Date (the "Current Net Value Amount"); (d) an amount equal to (i) the Prior Net Value Amount minus (ii) the Paid Receivables Amount minus (iii) the Current Net Value Amount (but not less than zero) (the "Credit Deficiency"); and (e) the Net Value of Purchased Receivables which became Rejected Receivables since the prior Determination Date and which have not been repurchased or offset in the manner set forth in Section 6.3 or Section 4.7 (the "Rejected Amount").

Determinations of the Servicer. On each Determination Date, the Servicer will determine: (a) the Net Value of all Purchased Receivables as of the prior Determination Date plus the Net Value of all Purchased Receivables purchased on the prior Purchase Date (the "'Prior Net Value Amount"'); (b) the amount of Collections on all Purchased Receivables received since the prior Determination Date (the "'Paid Receivables Amount"'); (c) the Net Value of all Purchased Receivables as of the current Determination Date (the "'Current Net Value Amount"'); (d) an amount equal to (i) the Prior Net Value Amount minus (ii) the Paid Receivables Amount minus (iii) the Current Net Value Amount (but not less than zero) (the "'Credit Deficiency"'); and (e) the Net Value of Purchased Receivables which became Rejected Receivables since the prior Determination Date and which have not been repurchased or offset in the manner set forth in Section 6.3 4.3 or Section 4.7 2.7 (the "'Rejected Amount"').

Determinations of the Servicer. On each Determination Date, the Servicer will determine: (a) the Net Value of all Purchased Receivables as of the prior Determination Date plus the Net Value of all Purchased Receivables purchased on the prior Purchase Date (the "Prior Net Value Amount"); (b) the amount of Collections on all Purchased Receivables received since the prior Determination Date (the "Paid Receivables Amount"); (c) the Net Value of all Purchased Receivables as of the current Determination Date (the "Current Net Value Amount"); (d) an amount equal to (i) the Prior Net Value Amount minus (ii) the Paid Receivables Amount minus (iii) the Current Net Value Amount (but not less than zero) (the "Credit Deficiency"); and (e) the Net Value of Purchased Receivables which became Rejected Receivables since the prior Determination Date and which have not been repurchased or offset in the manner set forth in Section 6.3 4.3 or Section 4.7 2.7 (the "Rejected Amount").