Common use of Excess Interest Collections Clause in Contracts

Excess Interest Collections. Any remaining Available Certificateholder Interest Collections shall be treated as Excess Interest Collections, and applied pursuant to Section 4.03(f) of the Agreement. If Available Certificateholder Interest Collections are not sufficient to satisfy each of the applications described in clauses (i) through (vii) above on any Transfer Date, then Excess Interest Collections from other Series allocable to Series 1997-1 will be applied as Available Certificateholder Interest Collections in the priority and the manner described in clauses (i) through (vii) above. If Excess Interest Collections are less than the shortfalls for all Series that provide for allocations of Excess Interest Collections, such Excess Interest Collections shall be allocable to shortfalls for Series 1997-1 and any other Series that so provides pro rata based on the relative amounts of each Series' shortfall.

Excess Interest Collections. Any remaining Available Certificateholder Interest Collections shall be treated as Excess Interest Collections, and applied pursuant to Section SECTION 4.03(f) of the Agreement. If Available Certificateholder Interest Collections are not sufficient to satisfy each of the applications described in clauses (i) through (viiix) above on any Transfer Date, then Excess Interest Collections from other Series allocable to Series 19972003-1 will be applied as Available Certificateholder Interest Collections in the priority and the manner described in clauses (i) through (viiix) above. If Excess Interest Collections are less than the shortfalls for all Series that provide for allocations of Excess Interest Collections, such Excess Interest Collections shall be allocable to shortfalls for Series 19972003-1 and any other Series that so provides pro rata PRO RATA based on the relative amounts of each Series' shortfall.

Excess Interest Collections. Any remaining Available Certificateholder Interest Collections shall be treated as Excess Interest Collections, and applied pursuant to Section 4.03(f) of the Agreement. If Available Certificateholder Interest Collections are not sufficient to satisfy each of the applications described in clauses (i) through (vii) above on any Transfer Date, then Excess Interest Collections from other Series allocable to Series 19971995-1 will be applied as Available Certificateholder Interest Collections in the priority and the manner described in clauses (i) through (vii) above. If Excess Interest Collections are less than the shortfalls for all Series that provide for allocations of Excess Interest Collections, such Excess Interest Collections shall be allocable to shortfalls for Series 19971995-1 and any other Series that so provides pro rata based on the relative amounts of each Series' shortfall.

Excess Interest Collections. Any remaining Available Certificateholder Interest Collections shall be treated as Excess Interest Collections, and applied pursuant to Section 4.03(f) of the Agreement. If Available Certificateholder Interest Collections are not sufficient to satisfy each of the applications described in clauses (i) through (vii) above on any Transfer Date, then Excess Interest Collections from other Series allocable to Series 19971998-1 will be applied as Available Certificateholder Interest Collections in the priority and the manner described in clauses (i) through (vii) above. If Excess Interest Collections are less than the shortfalls for all Series that provide for allocations of Excess Interest Collections, such Excess Interest Collections shall be allocable to shortfalls for Series 19971998-1 and any other Series that so provides pro rata based on the relative amounts of each Series' shortfall.