Common use of Excess Finance Charge Collections Clause in Contracts

Excess Finance Charge Collections. Series 1999-6 shall be an Excess Allocation Series. Subject to Section 4.05 of the Agreement, Excess Finance Charge Collections with respect to the Excess Allocation Series for any Distribution Date will be allocated to Series 1999-6 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 for such Distribution Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 1999-6 for such Distribution Date and the denominator of which is the aggregate amount

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

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Excess Finance Charge Collections. Series 19991996-6 3 shall be an Excess Allocation Series. Subject to Section 4.05 of the Agreement, Excess Finance Charge Collections with respect to the Excess Allocation Series for any Distribution Date will be allocated to Series 19991996-6 3 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 for such Distribution Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 1999-6 for such Distribution Date and the denominator of which is the aggregate amountSeries

Appears in 1 contract

Samples: Pooling and Servicing Agreement (At&t Universal Card Master Trust)

Excess Finance Charge Collections. Series 1999-6 One shall be an Excess Allocation Series. Subject to Section 4.05 of the Agreement, Excess Finance Charge Collections with respect to the Excess Allocation Series for any Distribution Date will be allocated to Series 1999-6 One 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 for such Distribution Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 1999-6 for such Distribution Date and the denominator of which is the aggregate amountfor

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Compucredit Corp)

Excess Finance Charge Collections. Series 19991997-6 1 shall be an Excess Allocation Series. Subject to Section 4.05 of the Agreement, Excess Finance Charge Collections with respect to the Excess Allocation Series for any Distribution Date will be allocated to Series 19991997-6 1 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 for such Distribution Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 19991997-6 1 for such Distribution Date and the denominator of which is the aggregate amountthe

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Excess Finance Charge Collections. Series 19992005-6 3 shall be an Excess Allocation SeriesSeries with respect to Group One only. Subject to Section 4.05 8.6 of the AgreementIndenture, Excess Finance Charge Collections with respect to the Excess Allocation Series in Group One for any Distribution Transfer Date will be allocated to Series 19992005-6 3 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 Distribution Payment Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 1999-6 for such Distribution Date and the denominator of which is the aggregate amountof

Appears in 1 contract

Samples: Indenture Supplement (RFS Holding LLC)

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Excess Finance Charge Collections. Series 19992008-6 3 shall be an Excess Allocation Series. Subject to Section 4.05 of the Agreement, Excess Finance Charge Collections with respect to the Excess Allocation Series for any Distribution Date will be allocated to Series 19992008-6 3 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 for such Distribution Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 19992008-6 3 for such Distribution Date and the denominator of which is the aggregate amountdenominator

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC)

Excess Finance Charge Collections. Series 19992000-6 1 shall be an Excess Allocation Series. Subject to Section 4.05 of the Agreement, Excess Finance Charge Collections with respect to the Excess Allocation Series for any Distribution Date will be allocated to Series 19992000-6 1 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 for such Distribution Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 1999-6 for such Distribution Date and the denominator of which is the aggregate amountsuch

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

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