Common use of Payments to the Transferor Clause in Contracts

Payments to the Transferor. The Servicer shall on Deposit Dates direct the Indenture Trustee to withdraw from the Collection Account and pay to the Transferor the following amounts: (i) an amount equal to the Transferor Percentage for the related Due Period of Collections of Finance Charge and Administrative Receivables to the extent that such amount is then on deposit in the Collection Account; and (A) if the Transferor Amount (determined after giving effect to any Principal Receivables transferred to the Trust on such Deposit Date) exceeds zero, an amount equal to the Transferor Percentage for the related Due Period of Collections of Principal Receivables that are then on deposit in the Collection Account, and (B) if the Transferor Amount (determined after giving effect to any Principal Receivables transferred to the Trust on such Deposit Date) does not exceed zero, the amount set forth in clause (A) shall be deposited into the Special Funding Account. The withdrawals to be made from the Collection Account pursuant to this subsection 4.01(b) do not apply to deposits into the Collection Account that do not represent Collections, including payment of the purchase price for the Receivables or the Notes pursuant to Section 2.06 or 7.01 of the Transfer and Servicing Agreement or Section 11.04 of the Indenture.

Payments to the Transferor. The Servicer shall on each Deposit Dates Date direct the Indenture Trustee to withdraw from the Collection Account and pay to the Holders of the Transferor Certificates (or to the following amounts:Successor Servicer to the extent that the Successor Servicer is owed Transition Expenses after the application of Section 4.04(a)): (i) an amount equal to the Transferor Percentage for the related Due Monthly Period of Collections of Finance Charge and Administrative Receivables Receivables; and (ii) an amount equal to the extent that such amount is then on deposit Transferor Percentage for the related Monthly Period of Collections of Principal Receivables deposited in the Collection Account; and (A) , if the Transferor Amount Interest (determined after giving effect to any Principal Receivables transferred to the Trust on such Deposit Date) exceeds zero, an amount equal to the Required Transferor Percentage for the related Due Period of Collections of Principal Receivables that are then on deposit in the Collection Account, and (B) if the Transferor Amount (determined after giving effect to any Principal Receivables transferred to the Trust on such Deposit Date) does not exceed zero, the amount set forth in clause (A) shall be deposited into the Special Funding AccountInterest. The withdrawals to be made from the Collection Account pursuant to this subsection Section 4.01(b) do not apply to deposits into the Collection Account that do not represent Collections, including payment of the purchase price for the Receivables or the Notes pursuant to to, respectively, Section 2.06 2.06, 6.01 or 7.01 of the Transfer and Servicing Agreement or Section 11.04 of the IndentureMaster Indenture and payment of the Reassignment Amount for the Series 2007-A Notes pursuant to Sections 7.01 and 7.02 of this Indenture Supplement.

Payments to the Transferor. The Servicer shall on Deposit Dates -------------------------- direct the Indenture Trustee to withdraw from the Collection Account and pay to the Transferor the following amounts: (i) an amount equal to the Transferor Percentage for the related Due Period of Collections of Finance Charge and Administrative Receivables to the extent that such amount is then on deposit in the Collection Account; and (A) if the Transferor Amount (determined after giving effect to any Principal Receivables transferred to the Trust on such Deposit Date) exceeds zero, an amount equal to the Transferor Percentage for the related Due Period of Collections of Principal Receivables that are then on deposit in the Collection Account, and (B) if the Transferor Amount (determined after giving effect to any Principal Receivables transferred to the Trust on such Deposit Date) does not exceed zero, the amount set forth in clause (A) shall be deposited into the Special Funding Account. The withdrawals to be made from the Collection Account pursuant to this subsection 4.01(b) do not apply to deposits into the Collection Account that do not represent Collections, including payment of the purchase price for the Receivables or the Notes pursuant to Section 2.06 or 7.01 of the Transfer and Servicing Agreement or Section 11.04 of the Indenture.

Payments to the Transferor. The Servicer shall on Deposit Dates direct the Indenture Trustee to first Business Day of each calendar week, upon satisfaction of the Weekly Release Conditions, withdraw from the Collection Account and pay to the Holders of the Transferor Certificates the following amounts: (i) an amount equal to the Transferor Percentage for the related Due Monthly Period of Collections of Series 1997-One Allocable Finance Charge and Administrative Receivables to the extent that such amount is then on deposit Collections deposited in the Collection Account; and (Aii) an amount equal to the Transferor Percentage for the related Monthly Period of Series 1997-One Allocable Principal Collections deposited in the Collection Account, if the Transferor Amount (determined after giving effect to any Principal Receivables transferred to the Trust on such Deposit Datedate) exceeds zero; provided, an amount equal to however, that if on such date the Transferor Percentage for Available Spread Account Amount is less than the related Due Period of Collections of Principal Receivables that are then on deposit in the Collection Account, and (B) if the Transferor Required Spread Account Amount (determined after giving effect to any Principal Receivables transferred deposits into the Spread Account on such date pursuant to subsections 4.01(c)(ii)(w) and 4.05(a)(viii)), then an amount up to the Trust on such Deposit Date) does not exceed zero, the amount set forth in clause (A) Required Spread Account Amount shall be deposited on such date into the Special Funding Spread Account. The withdrawals to be made from the Collection Account pursuant to this subsection 4.01(b) do not apply to deposits into the Collection Account that do not represent Collections, including payment of the purchase price for the Receivables or the Notes Certificateholders' Interest pursuant to Section 2.06 or 10.01 of the Agreement, payment of the purchase price for the Series 1997-One Certificateholders' Interest pursuant to Section 7.01 of this Supplement and proceeds from the Transfer and Servicing Agreement sale, disposition or liquidation of Receivables pursuant to Section 11.04 9.01 or 12.02 of the IndentureAgreement.