Common use of Excess Finance Charge Collections for the Series Clause in Contracts

Excess Finance Charge Collections for the Series. 1999-2 Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of the

Excess Finance Charge Collections for the Series. 1999-2 1 Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (e) an amount equal to the aggregate amount by which the Class B Invested Amount has been reduced below the initial Class B Invested Amount for reasons other than the payment of principal to the Class B Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (f) an amount equal to the Excess Collateral Minimum Monthly Interest for such Transfer Date, plus the amount of any Excess Collateral Minimum Monthly Interest previously due but not paid to the Excess Collateral Holders on a prior Transfer Date will be paid to the Excess Collateral Holders in accordance with subsection 5.01(c) of the Agreement; (g) an amount equal to the Unpaid Investor Monthly Servicing Fee, with respect to the related Distribution Date, will be paid to the Servicer; (h) an amount equal to the aggregate Excess Collateral Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (i) an amount equal to the aggregate amount by which the Excess Collateral Amount has been reduced below the Excess Collateral Initial Amount for reasons other than the payment of principal to the Excess Collateral Holders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (j) on each Transfer Date from and after the Reserve Account Funding Date, but prior to the date on which the Reserve Account terminates as described in subsection 4.17(f) of the Agreement, an amount up to the excess, if any, of the Required Reserve Account Amount over the Available Reserve Account Amount shall be deposited into the Reserve Account; and (k) the balance, if any, after giving effect to the payments made pursuant to subparagraphs (a) through (j) above shall be paid to the Excess Collateral Holders in accordance with subsection 5.01(c) of the Agreement.

Excess Finance Charge Collections for the Series. 19991997-2 ------------------------------------------------------- Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- ------------ Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (e) an amount equal to the aggregate amount by which the Class B Invested Amount has been reduced below the initial Class B Invested Amount for reasons other than the payment of principal to the Class B Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (f) an amount equal to the CIA Monthly Interest for the related Distribution Date, plus the amount of any CIA Monthly Interest previously due but not paid to the CIA Certificateholders on a prior Distribution Date, plus the amount of any CIA Default Interest for the related Distribution Date, will be deposited into the Distribution Account for payment to the CIA Certificateholders; (g) an amount equal to the Unpaid Investor Monthly Servicing Fee will be paid to the Servicer; (h) an amount equal to the aggregate CIA Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (i) an amount equal to the aggregate amount by which the CIA Invested Amount has been reduced below the CIA Initial Invested Amount for reasons other than the payment of principal to the CIA Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Ex- changeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (j) on each Transfer Date from and after the Reserve Account Funding Date, but prior to the date on which the Reserve Account terminates as described in subsection 4.17(f) of the Agreement, an amount up to the excess, if any, of the Required Reserve Account Amount over the Available Reserve Account Amount shall be deposited into the Reserve Account; and (k) the balance, if any, after giving effect to the payments made pursuant to subparagraphs (a) through (j) above shall be applied in accordance with the provisions of the Spread Account Agreement.

Excess Finance Charge Collections for the Series. 19991996-2 7 Certificates. On each Transfer Date, the Servicer will apply or ------------------- cause the ------------------- Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on (determined as of such day (Transfer Date after giving effect to any new Principal Receivables transferred to the Trust on such daydate) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the A/B Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the A/B Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables (determined as of such Transfer Date after giving effect to any Principal Receivables transferred to the Trust on such date)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (e) an amount equal to the aggregate amount by which the Class B Invested Amount has been reduced below the initial Class B Invested Amount for reasons other than the payment of principal to the Class B Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the Transferor on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (f) an amount equal to the CIA Monthly Interest for the related Distribution Date, plus the amount of any CIA Monthly Interest previously ---- due but not paid to the CIA Certificateholders on a prior Distribution Date, plus the amount of any CIA Default Interest for the related ---- Distribution Date, will be deposited into the CIA Distribution Account for payment to the CIA Certificateholders; (g) an amount equal to the Unpaid Investor Monthly Servicing Fee will be paid to the Servicer; (h) an amount equal to the aggregate CIA Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables (determined as of such Transfer Date after giving effect to any Principal Receivables transferred to the Trust on such date)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (i) an amount equal to the aggregate amount by which the CIA Invested Amount has been reduced below the CIA Initial Invested Amount for reasons other than the payment of principal to the CIA Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (j) on each Transfer Date from and after the Reserve Account Funding Date, but prior to the date on which the Reserve Account terminates as described in subsection 4.17(f) of the Agreement, an amount up to the excess, if any, of the Required Reserve Account Amount over the Available Reserve Account Amount shall be deposited into the Reserve Account; and (k) the balance, if any, after giving effect to the payments made pursuant to subparagraphs (a) through (j) above shall be applied in accordance with the provisions of the Spread Account Agreement.

Excess Finance Charge Collections for the Series. 19991998-2 1 ------------------------------------------------------- Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- ------------ Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a 50 portion of Available Investor Principal Collections for the related Distribution Date; (e) an amount equal to the aggregate amount by which the Class B Invested Amount has been reduced below the initial Class B Invested Amount for reasons other than the payment of principal to the Class B Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (f) an amount equal to the Excess Collateral Minimum Monthly Interest for the related Distribution Date, plus the amount of any Excess Collateral Minimum Monthly Interest previously due but not paid to the Excess Collateral Holders on a prior Distribution Date, plus the amount of any Excess Collateral Default Interest for the related Distribution Date, will be paid to the Excess Collateral Holders in accordance with subsection 5.01(c) of the Agreement; (g) an amount equal to the Unpaid Investor Monthly Servicing Fee will be paid to the Servicer; (h) an amount equal to the aggregate Excess Collateral Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (i) an amount equal to the aggregate amount by which the Excess Collateral Amount has been reduced below the Excess Collateral Initial Amount for reasons other than the payment of principal to the Excess Collateral Holders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (j) on each Transfer Date from and after the Reserve Account Funding Date, but prior to the date on which the Reserve Account terminates as described in subsection 4.17(f) of the Agreement, an amount up to the excess, if any, of the Required Reserve Account Amount over the Available Reserve Account Amount shall be deposited into the Reserve Account; and (k) the balance, if any, after giving effect to the payments made pursuant to subparagraphs (a) through (j) above shall be paid to the Excess Collateral Holders in accordance with subsection 5.01(c) of the Agreement.

Excess Finance Charge Collections for the Series. 19991998-2 7 Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- -------------------- Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of the

Excess Finance Charge Collections for the Series. 19991998-2 6 Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Ex-

Excess Finance Charge Collections for the Series. 19991997-2 1 ------------------------------------------------------- Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- ------------ Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (e) an amount equal to the aggregate amount by which the Class B Invested Amount has been reduced below the initial Class B Invested Amount for reasons other than the payment of principal to the Class B Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (f) an amount equal to the CIA Monthly Interest for the related Distribution Date, plus the amount of any CIA Monthly Interest previously due but not paid to the CIA Certificateholders on a prior Distri- bution Date, plus the amount of any CIA Default Interest for the related Distribution Date, will be deposited into the Distribution Account for payment to the CIA Certificateholders; (g) an amount equal to the Unpaid Investor Monthly Servicing Fee will be paid to the Servicer; (h) an amount equal to the aggregate CIA Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (i) an amount equal to the aggregate amount by which the CIA Invested Amount has been reduced below the CIA Initial Invested Amount for reasons other than the payment of principal to the CIA Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (j) on each Transfer Date from and after the Reserve Account Funding Date, but prior to the date on which the Reserve Account terminates as described in subsection 4.17(f) of the Agreement, an amount up to the excess, if any, of the Required Reserve Account Amount over the Available Reserve Account Amount shall be deposited into the Reserve Account; and (k) the balance, if any, after giving effect to the payments made pursuant to subparagraphs (a) through (j) above shall be applied in accordance with the provisions of the Spread Account Agreement.

Excess Finance Charge Collections for the Series. 19991998-2 8 Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- -------------------- Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of the

Excess Finance Charge Collections for the Series. 19991997-2 9 ------------------------------------------------------- Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- ------------ Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (e) an amount equal to the aggregate amount by which the Class B Invested Amount has been reduced below the initial Class B Invested Amount for reasons other than the payment of principal to the Class B Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (f) an amount equal to the CIA Monthly Interest for the related Distribution Date, plus the amount of any CIA Monthly Interest previously due but not paid to the CIA Certificateholders on a prior Distribution Date, plus the amount of any CIA Default Interest for the related Distribution Date, will be deposited into the Distribution Account for payment to the CIA Certificateholders; (g) an amount equal to the Unpaid Investor Monthly Servicing Fee will be paid to the Servicer; (h) an amount equal to the aggregate CIA Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (i) an amount equal to the aggregate amount by which the CIA Invested Amount has been reduced below the CIA Initial Invested Amount for reasons other than the payment of principal to the CIA Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (j) on each Transfer Date from and after the Reserve Account Funding Date, but prior to the date on which the Reserve Account terminates as described in subsection 4.17(f) of the Agreement, an amount up to the excess, if any, of the Required Reserve Account Amount over the Available Reserve Account Amount shall be deposited into the Reserve Account; and (k) the balance, if any, after giving effect to the payments made pursuant to subparagraphs (a) through (j) above shall be applied in accordance with the provisions of the Spread Account Agreement.

Excess Finance Charge Collections for the Series. 1999-2 A ------------------------------------------------------- Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- ------------ Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period or any Partial Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued Class B Monthly Interest with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate related Monthly Period but which has not been previously deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period or any Partial Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (e) an amount equal to the aggregate amount by which the Class B Invested Amount has been reduced for reasons other than the payment of principal to the Class B Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period or any Partial Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (f) first, an amount equal to any unreimbursed Servicer Advances ----- with respect to Collateral Monthly Interest shall be paid to the Servicer, and second, an amount equal to the Collateral Monthly Interest (less the amount of ------ any Servicer Advance with respect to Collateral Monthly Interest or any funds advanced from the Finance Charge Account pursuant to Section 4.11 on the immediately preceding Interest Payment Date or the preceding Monthly Period) for such Transfer Date, plus the amount of any Collateral Monthly Interest ---- previously due but not paid to the Collateral Interest Holder on a prior Transfer Date will be paid to the Collateral Interest Holder in accordance with subsection 5.01(c) of the Agreement; (g) an amount equal to the Unpaid Investor Monthly Servicing Fee, with respect to the related Distribution Date, will be paid to the Servicer; (h) an amount equal to the aggregate Collateral Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period or any Partial Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (i) an amount equal to the aggregate amount by which the Collateral Invested Amount has been reduced below the Required Collateral Invested Amount for reasons other than the payment of principal to the Collateral Interest Holder (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period or any Partial Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (j) an amount equal to the Class A Increase Cost Amounts for such Transfer Date remaining unpaid after the application of Class A Available Funds pursuant to subsection 4.09(a)(iv) on such Transfer Date shall be held in the Finance Charge Account, invested overnight in Permitted Investments and paid to the CPA Agent on the related Distribution Date in accordance with the applicable Certificate Purchase Agreement; (k) an amount equal to the Class B Increase Cost Amount for such Transfer Date remaining unpaid after the application of Class B Available Funds pursuant to subsection 4.09(b)(iii) on such Transfer Date shall be held in the Finance Charge Account, invested overnight in Permitted Investment and paid to the CPA Agent on the related Distribution Date in accordance with the Certificate Purchase Agreement; (l) an amount equal to the aggregate of any other amounts then required to be applied pursuant to the Loan Agreement, including, without limitation, any Collateral Increase Cost Amount, shall be paid to the Collateral Interest Holder in accordance with the Loan Agreement; and (m) the balance to the Holder of the Exchangeable Transferor Certificates.

Excess Finance Charge Collections for the Series. 19991998-2 4 Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- -------------------- Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (e) an amount equal to the aggregate amount by which the Class B Invested Amount has been reduced below the initial Class B Invested Amount for reasons other than the payment of principal to the Class B Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (f) an amount equal to the Excess Collateral Minimum Monthly Interest for such Transfer Date, plus the amount of any Excess Collateral Minimum Monthly Interest previously due but not paid to the Excess Collateral Holders on a prior Transfer Date will be paid to the Excess Collateral Holders in accordance with subsection 5.01(c) of the Agreement; (g) an amount equal to the Unpaid Investor Monthly Servicing Fee will be paid to the Servicer; (h) an amount equal to the aggregate Excess Collateral Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer

Excess Finance Charge Collections for the Series. 19991997-2 8 Certificates. On each Transfer Date, the Servicer will apply or cause the ------------------- Trustee to apply Excess Finance Charge Collections with respect to the related Monthly Period, to make the following distributions in the following priority: (a) an amount equal to the Class A Required Amount, if any, with respect to the related Monthly Period will be used to fund the Class A Required Amount and be applied in accordance with subsection 4.09(a) of the Agreement; (b) an amount equal to the aggregate amount of Class A Investor Charge-Offs, which have not been previously reimbursed (after giving effect to the allocation with respect to the related Distribution Date of certain other amounts applied for that purpose) will be distributed to the Holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period, will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (c) an amount equal to the amount of interest which has accrued with respect to the Class B Outstanding Principal Balance at the applicable Class B Certificate Rate but has not been deposited in the Distribution Account for the benefit of the Class B Certificateholders either on such Transfer Date or on a prior Transfer Date and any other amounts due and owing on the related Distribution Date pursuant to subsection 4.09(b)(i) of thethe Agreement will be deposited into the Distribution Account for payment to the Class B Certificateholders; (d) an amount equal to the aggregate Class B Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (e) an amount equal to the aggregate amount by which the Class B Invested Amount has been reduced below the initial Class B Invested Amount for reasons other than the payment of principal to the Class B Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (f) an amount equal to the CIA Monthly Interest for the related Distribution Date, plus the amount of any CIA Monthly Interest previously due but not paid to the CIA Certificateholders on a prior Distribution Date, plus the amount of any CIA Default Interest for the related Distribution Date, will be deposited into the Distribution Account for payment to the CIA Certificateholders; (g) an amount equal to the Unpaid Investor Monthly Servicing Fee will be paid to the Servicer; (h) an amount equal to the aggregate CIA Investor Default Amount, if any, for the related Distribution Date will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period (but not exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day)), and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (i) an amount equal to the aggregate amount by which the CIA Invested Amount has been reduced below the CIA Initial Invested Amount for reasons other than the payment of principal to the CIA Certificateholders (but not in excess of the aggregate amount of such reductions which have not been previously reimbursed) will be distributed to the holder of the Exchangeable Transferor Certificate on Transfer Dates with respect to the Revolving Period, but not in an amount exceeding the Transferor Interest in Principal Receivables on such day (after giving effect to any new Principal Receivables transferred to the Trust on such day) and on Transfer Dates with respect to the Amortization Period will be deposited in the Principal Account and treated as a portion of Available Investor Principal Collections for the related Distribution Date; (j) on each Transfer Date from and after the Reserve Account Funding Date, but prior to the date on which the Reserve Account terminates as described in subsection 4.17(f) of the Agreement, an amount up to the excess, if any, of the Required Reserve Account Amount over the Available Reserve Account Amount shall be deposited into the Reserve Account; and (k) the balance, if any, after giving effect to the payments made pursuant to subparagraphs (a) through (j) above shall be applied in accordance with the provisions of the Spread Account Agreement.