Common use of Excess Available Principal Amounts Sharing Clause in Contracts

Excess Available Principal Amounts Sharing. The Issuer shall reallocate and redistribute certain excess Available Principal Amounts to cover Series Available Principal Amount Shortfalls incurred by other series as specified in the related Indenture Supplements.

Appears in 4 contracts

Samples: Indenture (Daimlerchrysler Wholesale Receivables LLC), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Indenture (Carco Auto Loan Master Trust)

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Excess Available Principal Amounts Sharing. The Issuer shall reallocate and redistribute certain excess Shared Excess Available Principal Amounts to cover Series Available Principal Amount Shortfalls incurred by other series as specified in the related Indenture Supplements.

Appears in 2 contracts

Samples: Indenture (Daimlerchrysler Master Owner Trust), Indenture (Daimlerchrysler Master Owner Trust)

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