Common use of Excess Available Interest Amounts; Excess Finance Charge Collections Clause in Contracts

Excess Available Interest Amounts; Excess Finance Charge Collections. On each Transfer Date, commencing with the initial Transfer Date, if Series 2010-1 Available Interest Amounts are insufficient to make the allocations provided in Sections 3.01(a)(i) through (viii) above, the Servicer shall allocate Excess Available Interest Amounts, if any, allocated to Series 2010-1 pursuant to Section 5.03 of the Indenture to cover the Series Available Interest Amounts Shortfall. If, after the application of Excess Available Interest Amounts, any Series Available Interest Amounts Shortfall remains, the Indenture Trustee shall allocate Excess Finance Charge Collections, if any, allocated to Series 2010-1 pursuant to Section 5.03 of the Indenture to cover such remaining Series Available Interest Amounts Shortfall.

Appears in 2 contracts

Samples: Indenture Supplement (Navistar Financial Corp), Indenture Supplement (Navistar Financial Dealer Note Master Owner Trust)

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Excess Available Interest Amounts; Excess Finance Charge Collections. On each Transfer Date, commencing with the initial Transfer Date, if Series 20102004-1 Available Interest Amounts are insufficient to make the allocations provided in Sections 3.01(a)(i) through (viiivii) above, the Servicer shall allocate Excess Available Interest Amounts, if any, allocated to Series 20102004-1 pursuant to Section 5.03 of the Indenture to cover the Series Available Interest Amounts Shortfall. If, after the application of Excess Available Interest Amounts, any Series Available Interest Amounts Shortfall remains, the Indenture Trustee shall allocate Excess Finance Charge Collections, if any, allocated to Series 20102004-1 pursuant to Section 5.03 of the Indenture to cover such remaining Series Available Interest Amounts Shortfall.

Appears in 1 contract

Samples: Indenture Supplement (Navistar Financial Dealer Note Master Trust)

Excess Available Interest Amounts; Excess Finance Charge Collections. On each Transfer Date, commencing with the initial Transfer Date, if Series 20102009-1 Available Interest Amounts are insufficient to make the allocations provided in Sections 3.01(a)(i) through (viii) above, the Servicer shall allocate Excess Available Interest Amounts, if any, allocated to Series 20102009-1 pursuant to Section 5.03 of the Indenture to cover the Series Available Interest Amounts Shortfall. If, after the application of Excess Available Interest Amounts, any Series Available Interest Amounts Shortfall remains, the Indenture Trustee shall allocate Excess Finance Charge Collections, if any, allocated to Series 20102009-1 pursuant to Section 5.03 of the Indenture to cover such remaining Series Available Interest Amounts Shortfall.

Appears in 1 contract

Samples: Indenture Supplement (Navistar Financial Dealer Note Master Owner Trust)

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Excess Available Interest Amounts; Excess Finance Charge Collections. On each Transfer Date, commencing with the initial Transfer Date, if Series 20102005-1 Available Interest Amounts are insufficient to make the allocations provided in Sections 3.01(a)(i) through (viiivii) above, the Servicer shall allocate Excess Available Interest Amounts, if any, allocated to Series 20102005-1 pursuant to Section 5.03 of the Indenture to cover the Series Available Interest Amounts Shortfall. If, after the application of Excess Available Interest Amounts, any Series Available Interest Amounts Shortfall remains, the Indenture Trustee shall allocate Excess Finance Charge Collections, if any, allocated to Series 20102005-1 pursuant to Section 5.03 of the Indenture to cover such remaining Series Available Interest Amounts Shortfall.

Appears in 1 contract

Samples: Indenture Supplement (Navistar Financial Dealer Note Master Trust)

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