Common use of MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION Clause in Contracts

MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION. {1} Beginning of period Aggregate Principal Balance Monthly Principal Amounts {2} Collections on Receivables outstanding at end of period {2} {3} Collections on Receivables paid off during period {3} {4} Receivables becoming Liquidated Receivables during period {4} {5} Receivables becoming Purchased Receivables during period {5} {6} Other Receivables adjustments {6} {7} Less amounts allocable to Interest {7} {8} Total Monthly Principal Amounts {9} End of period Aggregate Principal Balance {10} Pool Factor

MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION. {1} Beginning of period Aggregate Principal Balance {1} Monthly Principal Amounts {2} Collections on Receivables outstanding at end of period {2} {3} Collections on Receivables paid off during period {3} {4} Receivables becoming Liquidated Receivables during period {4} {5} Receivables becoming Purchased Receivables during period {5} {6} Other Receivables adjustments {6} {7} Less amounts allocable to Interest {7} {8} Total Monthly Principal Amounts {8} {9} End of period Aggregate Principal Balance {9} {10} Pool FactorFactor {10}