Excess Available Principal Amounts; Shared Principal Collections. On each Transfer Date, commencing after the Issuance Date, if Series 2010-1 Available Principal Amounts are insufficient to make the allocations provided in Sections 3.02(a)(i) through (iv) and (vi) above, the Indenture Trustee shall allocate Excess Available Principal Amounts, if any, allocated to Series 2010-1 pursuant to Section 5.02 of the Indenture to cover the Series Available Principal Amounts Shortfall. If, after the application of Excess Available Principal Amounts, any Series Available Principal Amounts Shortfall remains, the Indenture Trustee shall allocate Shared Principal Collections, if any, allocated to Series 2010-1 pursuant to Section 5.02 of the Indenture to cover such remaining Series Available Principal Amounts Shortfall.
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Samples: Navistar Financial Dealer Note (Navistar Financial Dealer Note Master Owner Trust), Navistar Financial Dealer Note (Navistar Financial Corp)
Excess Available Principal Amounts; Shared Principal Collections. On each Transfer Date, commencing after the Issuance Date, if Series 20102005-1 Available Principal Amounts are insufficient to make the allocations provided in Sections 3.02(a)(i) through (iv) and (vi) above, the Indenture Trustee shall allocate Excess Available Principal Amounts, if any, allocated to Series 20102005-1 pursuant to Section 5.02 of the Indenture to cover the Series Available Principal Amounts Shortfall. If, after the application of Excess Available Principal Amounts, any Series Available Principal Amounts Shortfall remains, the Indenture Trustee shall allocate Shared Principal Collections, if any, allocated to Series 20102005-1 pursuant to Section 5.02 of the Indenture to cover such remaining Series Available Principal Amounts Shortfall.
Appears in 1 contract
Samples: Navistar Financial Dealer Note Master (Navistar Financial Dealer Note Master Trust)
Excess Available Principal Amounts; Shared Principal Collections. On each Transfer Date, commencing after the Issuance Date, if Series 20102004-1 Available Principal Amounts are insufficient to make the allocations provided in Sections 3.02(a)(i) through (iv) and (vi) above, the Indenture Trustee shall allocate Excess Available Principal Amounts, if any, allocated to Series 20102004-1 pursuant to Section 5.02 of the Indenture to cover the Series Available Principal Amounts Shortfall. If, after the application of Excess Available Principal Amounts, any Series Available Principal Amounts Shortfall remains, the Indenture Trustee shall allocate Shared Principal Collections, if any, allocated to Series 20102004-1 pursuant to Section 5.02 of the Indenture to cover such remaining Series Available Principal Amounts Shortfall.
Appears in 1 contract
Samples: Navistar Financial Dealer Note (Navistar Financial Dealer Note Master Trust)
Excess Available Principal Amounts; Shared Principal Collections. On each Transfer Date, commencing after the Issuance Date, if Series 20102009-1 Available Principal Amounts are insufficient to make the allocations provided in Sections 3.02(a)(i) through (iv) and (vi) above, the Indenture Trustee shall allocate Excess Available Principal Amounts, if any, allocated to Series 20102009-1 pursuant to Section 5.02 of the Indenture to cover the Series Available Principal Amounts Shortfall. If, after the application of Excess Available Principal Amounts, any Series Available Principal Amounts Shortfall remains, the Indenture Trustee shall allocate Shared Principal Collections, if any, allocated to Series 20102009-1 pursuant to Section 5.02 of the Indenture to cover such remaining Series Available Principal Amounts Shortfall.
Appears in 1 contract
Samples: Navistar Financial Dealer Note (Navistar Financial Dealer Note Master Owner Trust)