Common use of Excess Principal Collections Clause in Contracts

Excess Principal Collections. The Servicer will allocate Series 2000-VFN Excess Principal Collections and treat as Available Investor Principal Collections an amount equal to the Series 2000-VFN Principal Shortfall, to the extent available. In the event there is no Series 2000-VFN Principal Shortfall, Series 2000-VFN Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Samples: Wodfi LLC

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Excess Principal Collections. The Servicer will allocate Series 20002004-VFN 1 Excess Principal Collections and treat as Available Investor Noteholder Principal Collections an amount equal to the Series 20002004-VFN 1 Principal Shortfall, to the extent available. In the event there is no Series 20002004-VFN 1 Principal Shortfall, Series 2000-VFN Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Samples: Wodfi LLC

Excess Principal Collections. The Servicer will allocate Series 20002003-VFN VFN-B Excess Principal Collections and treat as Available Investor Principal Collections an amount equal to the Series 20002003-VFN VFN-B Principal Shortfall, to the extent available. In the event there is no Series 20002003-VFN VFN-B Principal Shortfall, Series 20002003-VFN VFN-B Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Samples: Wodfi LLC

Excess Principal Collections. The Servicer will allocate Series 2000-VFN 200_-_ Excess Principal Collections and treat as Available Investor instruct the Indenture Trustee to deposit into the Principal Collections Funding Account an amount equal to the Series 2000-VFN 200_-_ Principal Shortfall, to the extent available. In the event there is no Series 2000-VFN 200_-_ Principal Shortfall, Series 2000-VFN Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Samples: Wodfi LLC

Excess Principal Collections. The Servicer will allocate ---------------------------- Series 20002001-VFN 1 Excess Principal Collections and treat as Available Investor Noteholder Principal Collections an amount equal to the Series 20002001-VFN 1 Principal Shortfall, to the extent available. In the event there is no Series 20002001-VFN 1 Principal Shortfall, Series 2000-VFN Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Samples: Wodfi LLC

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Excess Principal Collections. The Servicer will allocate Series 20002003-VFN VFN-A Excess Principal Collections and treat as Available Investor Principal Collections an amount equal to the Series 20002003-VFN VFN-A Principal Shortfall, to the extent available. In the event there is no Series 20002003-VFN VFN-A Principal Shortfall, Series 20002003-VFN VFN-A Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Samples: Wodfi LLC

Excess Principal Collections. The Servicer will allocate Series 2000-VFN 1 Excess Principal Collections and treat as Available Investor Noteholder Principal Collections an amount equal to the Series 2000-VFN 1 Principal Shortfall, to the extent available. In the event there is no Series 2000-VFN 1 Principal Shortfall, Series 2000-VFN Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Samples: Wodfi LLC

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