RECONCILIATION OF COLLECTION ACCOUNT. Available Funds: Distributions:
RECONCILIATION OF COLLECTION ACCOUNT. (A) Available Funds (Sect. 2.01(a))
i. Collected Funds
(a) Collections On Receivables
(b) Net Liquidation Proceeds
RECONCILIATION OF COLLECTION ACCOUNT. Available Funds: Distributions: Noteholders’ Interest Distributable Amount Noteholders’ Principal Distributable Amount
RECONCILIATION OF COLLECTION ACCOUNT. Available Funds: Distributions: VlI. CALCULATION OF PRINCIPAL PARITY AMOUNT: Class (X) Cumulative Note Balance (Y) Pool Balance (I) Excess of (X) - (Y) (II) Available Funds in Waterfall Lesser of (I) or (II) VlII. CALCULATION OF ACCELERATED PRINCIPAL AMOUNT: IX. RECONCILIATION OF RESERVE ACCOUNT: X. CALCULATION OF TOTAL OVER COLLATERALIZATION:
RECONCILIATION OF COLLECTION ACCOUNT. Available Funds: Distributions: RECONCILIATION OF RESERVE ACCOUNT Current {84} Specified Reserve Balance CREDIT RISK RETENTION (1)
RECONCILIATION OF COLLECTION ACCOUNT. Available Funds {19} Total Available Funds {19} Recoveries {23} Total Recoveries {23} Distributions
RECONCILIATION OF COLLECTION ACCOUNT. AVAILABLE FUNDS: {45} Collections on Receivables during period (net of Liquidation Proceeds and Fees) {45}__________ {46} Liquidation Proceeds collected during period {46}__________ {47} Purchase Amounts deposited in Collection {47}__________ {48} Investment Earnings - Collection Account {48}__________ {49} Investment Earnings - Transfer From Prefunding Account {49}__________ {50} Investment Earnings - Transfer From Capitalized Interest Account {50}__________ {51} Collection of Supplemental Servicing - Extension Fees {51}__________ {52} Collection of Supplemental Servicing - Repo and Recovery Fees Advanced {52}__________ {53} Collection of Supplemental Servicing - Late Fees {53}__________ {54} Monthly Capitalized Interest Amount {54}__________ {55} Mandatory Note Prepayment Amount {55}__________ {56} Total Available Funds {56} __________ DISTRIBUTIONS: {57} Base Servicing Fee - to Servicer {57}__________ {58} Repo and Recovery Fees - reimbursed to Servicer {58}__________ {59} Bank Service Charges - reimbursed to Servicer {59}__________ {60} Late Fees - to Servicer {60}__________ {61} Backup Servicing Fees {61}__________ NOTEHOLDERS' INTEREST DISTRIBUTABLE AMOUNT --------------------------------------------------------------------------------- BEGINNING INTEREST INTEREST CALCULATED CLASS NOTE BALANCE CARRYOVER RATE DAYS DAYS BASIS INTEREST --------------------------------------------------------------------------------- {62} Class A - 1 5.5048% Actual days/360 {62}__________ {63} Class A - 2 5.6100% 30 30/360 {63}__________ {64} Class A - 3 5.5600% 30 30/360 {64}__________ {65} Class A - 4 5.6400% 30 30/360 {65}__________ --------------------------------------------------------------------------------- NOTEHOLDERS' PRINCIPAL DISTRIBUTABLE AMOUNT -------------------------------------------------------------------------------- PRINCIPAL PRINCIPAL EXCESS MANDATORY TOTAL CLASS DISTRIBUTABLE CARRYOVER PRINCIPAL DUE NOTE PREPAYMENT PRINCIPAL -------------------------------------------------------------------------------- {66} Class A - 1 {66}__________ {67} Class A - 2 {67}__________ {68} Class A - 3 {68}__________ {69} Class A - 4 {69}__________ -------------------------------------------------------------------------------- {70} Security Insurer Premiums - to FSA {70}__________ {71} Total distributions {71} __________ {72} Excess Available Funds (or Deficiency Claim Amount) {72} __________ {73} Any Remaining Amounts owed to FSA under the Insurance Agreement {73...
RECONCILIATION OF COLLECTION ACCOUNT. Available Funds: Distributions: Noteholders’ Interest Distributable Amount Class Note Balance Carryover Rate Days Days Basis Interest Noteholders’ Principal Distributable Amount
RECONCILIATION OF COLLECTION ACCOUNT. Available Funds: Distributions: Noteholders' Interest Distributable Amount Noteholders' Principal Distributable Amount VIlI. CALCULATION OF ACCELERATED PRINCIPAL AMOUNT
RECONCILIATION OF COLLECTION ACCOUNT. Available Funds: {46} Collections on Receivables during period (net of Liquidation Proceeds and Fees) {46} {47} Liquidation Proceeds collected during period {47} {48} Purchase Amounts or amounts from Servicer deposited in Collection Account {48} {49} Investment Earnings - Collection Account {49} {50} Investment Earnings - Transfer From Reserve Account {50} {51} Collection of Supplemental Servicing - Extension Fees {51} {52} Collection of Supplemental Servicing - Repo and Recovery Fees Advanced {52} {53} Collection of Supplemental Servicing - Late Fees & Prepayment Penalty Fees {53} {54} Total Available Funds {54} {55} Base Servicing Fee {55} {56} Repo and Recovery Fees - reimbursed to Servicer {56} {57} Bank Service Charges - reimbursed to Servicer {57} {58} Late Fees & Prepayment Penalty Fees - to Servicer {58} {60} Backup Servicing Fees {60} {61} Owner Trustee Fee {61} {62} Class A-1 Noteholders’ Interest Distributable Amount pari passu {62} {65} Class A Noteholders’ Principal Parity Amount or Matured Principal Shortfall {65} {66} Class B Noteholders’ Interest Distributable Amount {66} {67} Class B Noteholders’ Principal Parity Amount or Matured Principal Shortfall {67} {68} Class C Noteholders’ Interest Distributable Amount {68} {69} Class C Noteholders’ Principal Parity Amount or Matured Principal Shortfall {69} {70} Class D Noteholders’ Interest Distributable Amount {70} {71} Class D Noteholders’ Principal Parity Amount or Matured Principal Shortfall {71} {72} Noteholders’ Principal Distributable Amount {72} {73} To the Reserve Account, the Reserve Account Deposit {73} {74} To the Noteholders, the Accelerated Principal Amount (as calculated below) {74} {76} To the Certificateholders, the aggregate amount remaining {76} {77} Total Distributions {77} 3 Servicer’s Certificate (Exhibit A to Exhibit 4.3) {78} Class A {79} Class B {80} Class C {81} Class D {82} Total {83} Excess Available Funds {83} {84} Pro-Forma Note Balance (Calculated after Step-Down) {84} {85} Required Pro Forma Note Balance {85} {86} Excess of Pro-Forma Balance over Required Pro-Forma Balance {86} {87} Lesser of Excess Available Funds or Excess of Pro-Forma Note Balance {87}
