Common use of Payments by the Bank Clause in Contracts

Payments by the Bank. The Bank shall be obligated to make payments in accordance with this Section until this Agreement shall have terminated and all amounts owing by the Bank under this Agreement shall have been paid by the Bank in full. On the fifth Business Day prior to each Distribution Date, the Bank shall deposit (A) in the related Specified Account, the portion of the Specified Account Invested Funds allocable to such Specified Account with respect to such Distribution Date plus the amount, if any (the "Reinvestment Earnings"), by which the Interest Payment (as defined below) for such Distribution Date exceeds the sum of (i) the aggregate amount of interest collected on the Contracts (adjusted with respect to each Contract to the Pass-Through Rate and exclusive of such collections that have been paid to the Master Servicer in reimbursement of a previous Advance) that is part of the Net Collections for such Distribution Date and (ii) the amount of the interest portion of the Advance for the related Due Period (assuming for this purpose that an Advance was made in respect of each delinquent Contract), and (B) in the Spread Account, the Spread Account Invested Funds, (C) in the Holding Account, the Holding Account Deposited Funds; provided, however, that if Invested Funds (or Holding Account Deposited Funds, as the case may be) are held in one or more segregated trust accounts at the Indenture Trustee or another depositary institution pursuant to paragraph (b), (c), or (d) of Section 2, then the Indenture Trustee shall, on the fifth Business Day prior to each Distribution Date, make or cause to be made the following respective deposits (as paragraphs (b), (c), and (d) of Section 2 are then applicable, respectively): (A) in each Specified Account, the Specified Account Invested Funds with respect to such Specified Account and such Distribution Date plus the net reinvestment income, if any, thereon, (B) in the Spread Account, the Spread Account Invested Funds plus the net reinvestment income, if any, thereon, (C) in the Holding Account, the Holding Account Deposited Funds; provided, further, that solely for purposes of this Agreement the Interest Payment for the first Distribution Date shall be calculated as interest for the period from the Cut-Off Date to and including , 1998.

Payments by the Bank. The Bank shall be obligated to make payments in accordance with this Section until this Agreement shall have terminated and all amounts owing by the Bank under this Agreement shall have been paid by the Bank in full. On the fifth Business Day prior to each Distribution Date, the Bank shall deposit (A) in the related Specified Account, the portion of the Specified Account Invested Funds allocable to such Specified Account with respect to such Distribution Date plus the amount, if any (the "Reinvestment Earnings"), by which the Interest Payment (as defined below) for such Distribution Date exceeds the sum of (i) the aggregate amount of interest collected on the Contracts (adjusted with respect to each Contract to the Pass-Through Rate and exclusive of such collections that have been paid to the Master Servicer in reimbursement of a previous Advance) that is part of the Net Collections for such Distribution Date and (ii) the amount of the interest portion of the Advance for the related Due Period (assuming for this purpose that an Advance was made in respect of each delinquent Contract), and (B) in the Spread Account, the Spread Account Invested Funds, (C) in the Holding Account, the Holding Account Deposited Funds; provided, however, that if Invested Funds (or Holding Account Deposited Funds, as the case may be) are held in one or more segregated trust accounts at the Indenture Trustee or another depositary institution pursuant to paragraph (b), (c), or (d) of Section 2, then the Indenture Trustee shall, on the fifth Business Day prior to each Distribution Date, make or cause to be made the following respective deposits (as paragraphs (b), (c), and (d) of Section 2 are then applicable, respectively): (A) in each Specified Account, the Specified Account Invested Funds with respect to such Specified Account and such Distribution Date plus the net reinvestment income, if any, thereon, (B) in the Spread Account, the Spread Account Invested Funds plus the net reinvestment income, if any, thereon, (C) in the Holding Account, the Holding Account Deposited Funds; provided, further, that solely for purposes of this Agreement the Interest Payment for the first Distribution Date shall be calculated as interest for the period from the Cut-Off Date to and including ________________, 19981999.

Payments by the Bank. The Bank shall be obligated to make payments in accordance with this Section until this Agreement shall have terminated and all amounts owing by the Bank under this Agreement shall have been paid by the Bank in full. On the fifth Business Day prior to each Distribution Date, the Bank shall deposit (A) in the related Specified Account, the portion of the Specified Account Invested Funds allocable to such Specified Account with respect to such Distribution Date plus the amount, if any (the "Reinvestment Earnings"), by which the Interest Payment (as defined below) for such Distribution Date exceeds the sum of (i) the aggregate amount of interest collected on the Contracts (adjusted with respect to each Contract to the Pass-Through Rate and exclusive of such collections that have been paid to the Master Servicer in reimbursement of a previous Advance) that is part of the Net Collections for such Distribution Date and (ii) the amount of the interest portion of the Advance for the related Due Period (assuming for this purpose that an Advance was made in respect of each delinquent Contract), and (B) in the Spread Account, the Spread Account Invested Funds, (C) in the Holding Account, the Holding Account Deposited Funds; provided, however, that if Invested Funds (or Holding Account Deposited Funds, as the case may be) are held in one or more segregated trust accounts at the Indenture Trustee or another depositary institution pursuant to paragraph (b), (c), or (d) of Section 2, then the Indenture Trustee shall, on the fifth Business Day prior to each Distribution Date, make or cause to be made the following respective deposits (as paragraphs (b), (c), and (d) of Section 2 are then applicable, respectively): (A) in each Specified Account, the Specified Account Invested Funds with respect to such Specified Account and such Distribution Date plus the net reinvestment income, if any, thereon, (B) in the Spread Account, the Spread Account Invested Funds plus the net reinvestment income, if any, thereon, (C) in the Holding Account, the Holding Account Deposited Funds; provided, further, that solely for purposes of this Agreement the Interest Payment for the first Distribution Date shall be calculated as interest for the period from the Cut-Off Date to and including , 1998.Invested