Common use of Miscellaneous Payments Clause in Contracts

Miscellaneous Payments. On each Deposit Date, the Servicer shall treat any Series 2004-1 Allocable Miscellaneous Payments as Noteholder Principal Collections and apply them as provided in Section 4.01(c) or (d), as appropriate; provided, however, Series 2004-1 Allocable Miscellaneous Payments consisting of Adjustment Payments that were paid after their due date as per Section 3.9(a) of the Trust Sale and Servicing Agreement, if the amount of such overdue Adjustment Payments has been included in the Monthly Dilution Amount for any prior Monthly Period, shall be treated as Noteholder Non-Principal Collections and applied as provided in Section 4.01(b).

Miscellaneous Payments. On each Deposit Date, the Servicer shall treat any Series 2004-1 200_-_ Allocable Miscellaneous Payments as Available Noteholder Principal Collections and apply them as provided in Section 4.01(c) or (d), as appropriate; provided, however, except that Series 2004-1 200_-_ Allocable Miscellaneous Payments consisting of Adjustment Payments that were paid after their due date as per Section 3.9(a) of the Trust Sale and Servicing Agreement, if the amount of such overdue Adjustment Payments has been included in the Monthly Dilution Amount for any prior Monthly Period, shall be treated as Noteholder Allocable Non-Principal Collections and applied as provided in Section 4.01(b).

Miscellaneous Payments. On each Deposit Date, the Servicer shall treat any Series 20042000-1 Allocable Miscellaneous Payments as Noteholder Principal Collections and apply them as provided in Section 4.01(c) or (d), as appropriate; provided, however, Series 20042000-1 Allocable Miscellaneous Payments consisting of Adjustment Payments that were paid after their due date as per Section 3.9(a) of the Trust Sale and Servicing Agreement, if the amount of such overdue Adjustment Payments has been included in the Monthly Dilution Amount for any prior Monthly Period, shall be treated as Noteholder Non-Principal Collections and applied as provided in Section 4.01(b).

Miscellaneous Payments. On each Deposit Date, the Servicer shall treat any Series 20042001-1 Allocable Miscellaneous Payments as Noteholder Principal Collections and apply them as provided in Section 4.01(c) or (d), as appropriate; provided, however, Series 20042001-1 Allocable Miscellaneous Payments -------- ------- consisting of Adjustment Payments that were paid after their due date as per Section 3.9(a) of the Trust Sale and Servicing Agreement, if the amount of such overdue Adjustment Payments has been included in the Monthly Dilution Amount for any prior Monthly Period, shall be treated as Noteholder Non-Principal Collections and applied as provided in Section 4.01(b).