Common use of Excess Finance Charge Collections Clause in Contracts

Excess Finance Charge Collections. Series 20[●]-[●] shall be an Excess Allocation Series with respect to Group One only. Subject to Section 8.6 of the Indenture, Excess Finance Charge Collections with respect to the Excess Allocation Series in Group One with respect to any Monthly Period will be allocated to Series 20[●]-[●] in an amount equal to the product of (x) the aggregate amount of Excess Finance Charge Collections with respect to all the Excess Allocation Series in Group One for such Monthly Period and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 20[●]-[●] for such Monthly Period and the denominator of which is the aggregate amount of Finance Charge Shortfalls for all the Excess Allocation Series in Group One, in each case with respect to payments to be made on or prior to the Payment Date following such Monthly Period. The “Finance Charge Shortfall” for Series 20[●]-[●] for any date on which Excess Finance Charge Collections are allocated pursuant to Section 8.6 of the Indenture will be equal to the excess, if any, of (a) the full amount required to be paid, without duplication, pursuant to Sections 4.4(a)(i) through (xiii) with respect to the next following Payment Date over (b) the Available Finance Charge Collections with respect to the related Monthly Period (excluding any portion thereof attributable to Excess Finance Charge Collections).

Excess Finance Charge Collections. Series 20[●]-[●20[ ]-[ ] shall be an Excess Allocation Series with respect to Group One only. Subject to Section 8.6 of the Indenture, Excess Finance Charge Collections with respect to the Excess Allocation Series in Group One with respect to any Monthly Period will be allocated to Series 20[●]-[●20[ ]-[ ] in an amount equal to the product of (x) the aggregate amount of Excess Finance Charge Collections with respect to all the Excess Allocation Series in Group One for such Monthly Period and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 20[●]-[●20[ ]-[ ] for such Monthly Period Payment Date and the denominator of which is the aggregate amount of Finance Charge Shortfalls for all the Excess Allocation Series in Group One, in each case with respect to payments to be made on or prior to the Payment Date following such Monthly Period. The “Finance Charge Shortfall” for Series 20[●]-[●20[ ]-[ ] for any date on which Excess Finance Charge Collections are allocated pursuant to Section 8.6 of the Indenture will be equal to the excess, if any, of (a) the full amount required to be paid, without duplication, pursuant to Sections 4.4(a)(i) through (xiiixii) with respect to the next following Payment Date over (b) the Available Finance Charge Collections with respect to the related Monthly Period (excluding any portion thereof attributable to Excess Finance Charge Collections).

Excess Finance Charge Collections. Series 20[●]-[●] shall be an Excess Allocation Series with respect to Group One only. Subject to Section 8.6 of the Indenturesubsection 4.03(e), Excess Finance Charge Collections with respect to the Excess Allocation Series in Group One with respect to I for any Monthly Period Distribution Date will be allocated to VFC Series 20[●]-[●] 1998 in an amount equal to the product of (xa) the aggregate amount of Excess Finance Charge Collections with respect to all the Excess Allocation Series in Group One I for such Monthly Period Distribution Date and (yb) a fraction, fraction the numerator of which is the Finance Charge Shortfall for VFC Series 20[●]-[●] 1998 for such Monthly Period Distribution Date and the denominator of which is the aggregate amount of Finance Charge Shortfalls (as defined in the related Supplements) for all the Excess Allocation Series in Group One, in each case with respect to payments to be made on or prior to the Payment Date following I for such Monthly PeriodDistribution Date. The “Finance Charge Shortfall” for Series 20[●]-[●] for any date on which Excess Finance Charge Collections are so allocated pursuant shall be applied to any items specified in subsection 4.09(a) or Section 8.6 4.11 that remain unpaid after the application of Investor Finance Charge Collections and any Excess Spread Amount in the Indenture will priorities specified, first, in subsection 4.09(a) and, second, in Section 4.11. The "Finance Charge Shortfall" for VFC Series 1998 for any Distribution Date shall be equal to the excess, if any, of (ai) the full amount required to be paid, without duplication, pursuant to Sections 4.4(a)(isubsection 4.09(a) through and Section 4.11 (xiiiexcluding clause (g) thereof) on such Distribution Date over (ii) the Investor Percentage of Collections of Finance Charge Receivables with respect to the next following Payment Date over (b) the Available Related Monthly Period. Excess Finance Charge Collections with respect remaining in the Finance Charge Account on any Distribution Date after payment of Finance Charge Shortfalls for all Series in Group I will be distributed to the related Monthly Period (excluding any portion thereof attributable to Excess Finance Charge CollectionsHolder of the Exchangeable Transferor Certificate in accordance with subsection 4.03(e).

Excess Finance Charge Collections. Series 20[●]-[●] 2001-A shall be --------------------------------- an Excess Allocation Series with respect to Group One only. For this purpose, each outstanding series of certificates issued by Spiegel Master Trust (other than series represented by the Collateral Certificate) shall be deemed to be a Series in Group One. Subject to Section 8.6 of the ----------- Indenture, Excess Finance Charge Collections with respect to the Excess Allocation Series in Group One with respect to for any Monthly Period Distribution Date will be allocated to Series 20[●]-[●] 2001-A in an amount equal to the product of (x) the aggregate amount of Excess Finance Charge Collections with respect to all the Excess Allocation Series in Group One for such Monthly Period Distribution Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 20[●]-[●] 2001-A for such Monthly Period Distribution Date and the denominator of which is the aggregate amount of Finance Charge Shortfalls for all the Excess Allocation Series in Group One, in each case with respect to payments to be made on or prior to the Payment Date following One for such Monthly PeriodDistribution Date. The “"Finance Charge -------------- Shortfall” " for Series 20[●]-[●] 2001-A for any date on which Excess Finance Charge Collections are allocated pursuant to Section 8.6 of the Indenture Distribution Date will be equal to the --------- excess, if any, of (a) the full amount required to be paid, without duplication, pursuant to Sections subsections 4.4(a)(i) through (xiiixii) with respect to the next following Payment on such --------------------- ----- Distribution Date over (b) the Available Finance Charge Collections with respect to the related Monthly Period such Distribution Date (excluding any portion thereof attributable to Excess Finance Charge Collections).

Excess Finance Charge Collections. Series 20[●]-2014-VFN[●—] shall be an Excess Allocation Series with respect to Group One only. Subject to Section 8.6 of the Indenture, Excess Finance Charge Collections with respect to the Excess Allocation Series in Group One with respect to any Monthly Period will be allocated to Series 20[●]-2014-VFN[●—] in an amount equal to the product of (x) the aggregate amount of Excess Finance Charge Collections with respect to all the Excess Allocation Series in Group One for such Monthly Period and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 20[●]-2014-VFN[●—] for such Monthly Period and the denominator of which is the aggregate amount of Finance Charge Shortfalls for all the Excess Allocation Series in Group One, in each case with respect to payments to be made on or prior to the Payment Date following such Monthly Period. The “Finance Charge Shortfall” for Series 20[●]-2014-VFN[●—] for any date on which Excess Finance Charge Collections are allocated pursuant to Section 8.6 of the Indenture will be equal to the excess, if any, of (a) the full amount required to be paid, without duplication, pursuant to Sections 4.4(a)(i) through (xiiixvii) with respect to the next following Payment Date over (b) the Available Finance Charge Collections with respect to for the related Monthly Period next following Payment Date (excluding any portion thereof attributable to Excess Finance Charge Collections).. 28 Indenture Supplement Series 2014-VFN[—]