Common use of Payments and Collections Clause in Contracts

Payments and Collections. 3 Section 2.1 Payments............................................ 3 Section 2.2 Collections Prior to Amortization................... 3 Section 2.3 Collections Following Amortization.................. 4 Section 2.4 Application of Collections.......................... 4 Section 2.5 Payment Recission................................... 5 Section 2.6 Maximum Purchaser Interests......................... 5 Section 2.7 Clean Up Call....................................... 5

Payments and Collections. 3 Section 2.1 2.1. Payments............................................ ............................................................. 3 Section 2.2 2.2. Collections Prior to Amortization................... .................................... 3 Section 2.3 2.3. Collections Following Amortization.................. 4 ................................... 5 Section 2.4 2.4. Application of Collections.......................... 4 Section 2.5 Payment Recission................................... ........................................... 5 Section 2.6 2.5. Payment Rescission................................................... 6 Section 2.6. Maximum Purchaser Interests......................... 5 .......................................... 6 Section 2.7 2.7. Clean Up Call....................................... 5........................................................ 6

Payments and Collections. 3 Section 2.1 Payments............................................ ....................................................................3 Section 2.2 Collections Prior to Amortization................... 3 ...........................................4 Section 2.3 Collections Following Amortization.................. 4 ..........................................5 Section 2.4 Application of Collections.......................... 4 ..................................................5 Section 2.5 Payment Recission................................... 5 Rescission..........................................................6 Section 2.6 Maximum Purchaser Interests......................... 5 .................................................6 Section 2.7 Clean Up Call....................................... 5...............................................................6 Section 2.8 Additional Originators......................................................6

Payments and Collections. 3 4 Section 2.1 Payments............................................ 3 .......................................................4 Section 2.2 Collections Prior to Amortization................... 3 ..............................5 Section 2.3 Collections Following Amortization.................. 4 .............................5 Section 2.4 Application of Collections.......................... 4 .....................................5 Section 2.5 Payment Recission................................... 5 Rescission.............................................6 Section 2.6 Maximum Purchaser Receivable Interests......................... 5 ...................................6 Section 2.7 Clean Up Call....................................... 5..................................................6

Payments and Collections. 3 5 Section 2.1 Payments............................................ 3 .....................................................................5 Section 2.2 Collections Prior to Amortization................... 3 ............................................6 Section 2.3 Collections Following Amortization.................. 4 ...........................................6 Section 2.4 Application of Collections.......................... 4 ...................................................7 Section 2.5 Payment Recission................................... 5 ............................................................7 Section 2.6 Maximum Purchaser Interests......................... 5 ..................................................7 Section 2.7 Clean Up Call....................................... 5................................................................8

Payments and Collections. 3 Section 2.1 Payments............................................ ............................................................................................................................... 3 Section 2.2 Collections Prior to Amortization................... .......................................................................................... 3 Section 2.3 Collections Following Amortization.................. ..................................................................................... 4 Section 2.4 Application of Collections.......................... ..................................................................................................... 4 Section 2.5 Payment Recission................................... ................................................................................................................. 5 Section 2.6 Maximum Purchaser Interests......................... ............................................................................................... 5 Section 2.7 Clean Up Call....................................... Call ....................................................................................................................... 5

Payments and Collections. 3 Section 2.1 Payments............................................ Payments .................................................. 3 Section 2.2 Collections Prior to Amortization................... .......................... 3 Section 2.3 Collections Following Amortization.................. ......................... 4 Section 2.4 Application of Collections.......................... ................................. 4 Section 2.5 Payment Recission................................... .......................................... 5 Section 2.6 Maximum Purchaser Interests......................... ................................ 5 Section 2.7 Clean Up Call....................................... .............................................. 5

Payments and Collections. 3 Section 2.1 Payments............................................ ....................................................3 Section 2.2 Collections Prior to Amortization................... 3 ...........................4 Section 2.3 Collections Following Amortization.................. ..........................4 Section 2.4 Application of Collections.......................... ..................................4 Section 2.5 Payment Recission................................... Rescission..........................................5 Section 2.6 Maximum Purchaser Interests......................... 5 Section 2.7 Clean Up Call....................................... .................................5

Payments and Collections. 3 Section 2.1 Payments............................................ .....................................................................3 Section 2.2 Collections Prior to Amortization................... 3 ............................................4 Section 2.3 Collections Following Amortization.................. 4 ...........................................5 Section 2.4 Application of Collections.......................... 4 ...................................................5 Section 2.5 Payment Recission................................... ............................................................5 Section 2.6 Maximum Purchaser Interests......................... 5 ..................................................6 Section 2.7 Clean Up Call....................................... 5................................................................6

Payments and Collections. 3 13 Section 2.1 Payments............................................ 3 ........................................................................................................................................ 13 Section 2.2 Collections Prior to Amortization................... 3 ..................................................................................................... 13 Section 2.3 Collections Following Amortization.................. 4 ............................................................................................. 1514 Section 2.4 Application of Collections.......................... 4 ................................................................................................................ 15 Section 2.5 Payment Recission................................... 5 Rescission.................................................................................................................... 1615 Section 2.6 Maximum Purchaser Interests......................... 5 ......................................................................................................... 16 Section 2.7 Clean Up Call....................................... 5................................................................................................................................... 16 Section 2.8 Demand for Payment of Demand Loans.......................................................................................... 16

Payments and Collections. 3 4 Section 2.1 Payments............................................ 3 .....................................................................4 Section 2.2 Collections Prior to Amortization................... 3 ............................................5 Section 2.3 Collections Following Amortization.................. 4 ...........................................5 Section 2.4 Application of Collections.......................... 4 ...................................................6 Section 2.5 Payment Recission................................... 5 ............................................................6 Section 2.6 Maximum Purchaser Interests......................... 5 ..................................................6 Section 2.7 Clean Up Call....................................... 5................................................................7

Payments and Collections. 3 13 Section 2.1 Payments............................................ 3 Payments ............................................................................................ 13 Section 2.2 Collections Prior to Amortization................... 3 Amortization ...................................................... 13 Section 2.3 Collections Following Amortization.................. 4 .................................................. 15 Section 2.4 Application of Collections.......................... 4 Collections ................................................................. 15 Section 2.5 Payment Recission................................... 5 Rescission ........................................................................... 16 Section 2.6 Maximum Purchaser Interests......................... 5 ............................................................ 16 Section 2.7 Clean Up Call....................................... 5..................................................................................... 16 Section 2.8 Demand for Payment of Demand Loans............................................ 16

Payments and Collections. 3 Section 2.1 Payments............................................ ..................................................3 Section 2.2 Collections Prior to Amortization................... .........................3 Section 2.3 Collections Following Amortization.................. ........................4 Section 2.4 Application of Collections.......................... ................................4 Section 2.5 Payment Recission................................... Rescission........................................5 Section 2.6 Maximum Purchaser Receivable Interests......................... ..............................5 Section 2.7 Clean Up Call....................................... .............................................5

Payments and Collections. 3 Section 2.1 Payments............................................ .......................................... 3 Section 2.2 Collections Prior to Amortization................... ................. 3 Section 2.3 Collections Following Amortization.................. ................ 4 Section 2.4 Application of Collections.......................... ........................ 4 Section 2.5 Payment Recission................................... Rescission................................ 5 Section 2.6 Maximum Purchaser Interests......................... ....................... 5 Section 2.7 Clean Up Call....................................... ..................................... 5

Payments and Collections. 3 6 Section 2.1 Payments............................................ 3 .................................................. 6 Section 2.2 Collections Prior to Amortization................... 3 ......................... 6 Section 2.3 Collections Following Amortization.................. 4 ........................ 7 Section 2.4 Application of Collections.......................... 4 ................................ 7 Section 2.5 Payment Recission................................... 5 Rescission........................................ 8 Section 2.6 Maximum Purchaser Interests......................... 5 ............................... 8 Section 2.7 Clean Up Call....................................... 5............................................. 9 Section 2.8 Release of Excess Cash Collateral......................... 9

Payments and Collections. 3 Section 2.1 Payments............................................ ; Due Dates of Payments...................................3 Section 2.2 Collections Prior to Amortization................... 3 .................................4 Section 2.3 Collections Following Amortization.................. ................................4 Section 2.4 Application of Collections.......................... ........................................4 Section 2.5 Payment Recission................................... Rescission................................................5 Section 2.6 Maximum Purchaser Interests......................... .......................................5 Section 2.7 Clean Up Call....................................... .....................................................5