Common use of Retained Collections Contributions Clause in Contracts

Retained Collections Contributions. At any time after the Closing Date, the Issuer may (but is not required to) designate Retained Collections Contributions to be included in Net Cash Flow, but not more than $25,000,000 in any Quarterly Fiscal Period or more than $50,000,000 during any period of four (4) consecutive Quarterly Fiscal Periods or more than $80,000,000 from the Closing Date to the Final Series Legal Final Maturity Date; provided that any Retained Collections Contributions shall be excluded from the amount of Net Cash Flow for purposes of calculating the Additional Notes DSCR in connection with the issuance of Additional Notes pursuant to Section 2.2. The amount of any Retained Collections Contribution included in Net Cash Flow for the purpose of calculating the DSCR shall be retained in the Collection Account until the Weekly Allocation Date on which either (i) the DSCR for the period of four (4) Quarterly Fiscal Periods ended immediately prior to such Weekly Allocation Date is at least 1.75:1.00 without giving effect to the inclusion of such Retained Collections Contribution or (ii) such Retained Collections Contribution is required to pay any shortfall in the amounts payable under priorities (ii) through (xxvi) of the Priority of Payments, to the extent of any shortfall on such Weekly Allocation Date. The Issuer may not designate equity contributions as Retained Collections Contributions to the extent such equity contributions were funded by the proceeds of a draw under any Class A-1 Notes. For the avoidance of doubt, any equity contribution to the Issuer or any other Securitization Entity for the purpose of making an Optional Scheduled Principal Payment shall not constitute a Retained Collections Contribution.

Retained Collections Contributions. At any time after the Closing Date, the Issuer Co-Issuers may (but is are not required to) designate Retained Collections Contributions to be included in Net Cash Flow, but not more than $25,000,000 10,000,000 in any Quarterly Fiscal Collection Period or more than $50,000,000 20,000,000 during any period of four (4) consecutive Quarterly Fiscal Collection Periods or more than $80,000,000 40,000,000 from the Closing Date to the Final Series Legal Final Maturity Date; provided provided, that any Retained Collections Contributions shall be excluded from the amount of Net Cash Flow for purposes of calculating calculations undertaken in the Additional following circumstances: (a) to determine the New Series Pro Forma DSCR, (b) to determine satisfaction of any Series Non-Amortization Test and (c) to determine whether the Co-Issuers may extend any Class A-1 Notes DSCR in connection with the issuance of Additional Notes pursuant to Section 2.2Renewal Date. The amount of any Retained Collections Contribution included in Net Cash Flow for the purpose of calculating the DSCR shall be retained in the Collection Account until the Weekly Allocation Date on which either (i) the DSCR for the period of four (4) Quarterly Fiscal Collection Periods ended immediately prior to such Weekly Allocation Date is at least 1.75:1.00 1.50x without giving effect to the inclusion of such Retained Collections Contribution or (ii) such Retained Collections Contribution is required to pay any shortfall in the amounts payable under priorities (ii) through (xxvi) of the Priority of Payments, to the extent of any shortfall on such Weekly Allocation Date. The Issuer Co-Issuers may not designate equity contributions as Retained Collections Contributions to the extent such equity contributions were funded by the proceeds of a draw under any Class A-1 Notes. For the avoidance of doubt, any equity contribution to the Issuer or any other Securitization Entity for the purpose of making an Optional Scheduled Principal Payment shall not constitute a Retained Collections Contribution.

Retained Collections Contributions. At With respect to any time after the Closing DateQuarterly Collection Period, the Master Issuer may (but is not required to) designate Retained Collections Contributions made to the Master Issuer during such period to be included in Net Cash Flow, but not more than $25,000,000 2,500,000 in any Quarterly Fiscal Collection Period or more than $50,000,000 5,000,000 during any period of four (4) consecutive Quarterly Fiscal Collection Periods or more than $80,000,000 10,000,000 from the Closing Date to the Final latest Series Legal Final Maturity DateDate for any Notes Outstanding; provided that any Retained Collections Contributions Contribution made shall be excluded from the amount of Net Cash Flow for purposes of calculating calculations undertaken in the Additional Notes DSCR in connection following circumstances: (a) to determine compliance with any Series Non-Amortization Test and (b) to determine the issuance of Additional Notes pursuant to Section 2.2New Series Pro Forma DSCR. The amount of any Retained Collections Contribution included in Net Cash Flow for the purpose of calculating the DSCR shall be retained in the Collection Account until the Weekly Allocation Date on which either (i) the DSCR for the period of four (4) Quarterly Fiscal Collection Periods ended immediately prior to such Weekly Allocation Date is at least 1.75:1.00 1.75x without giving effect to the inclusion of such Retained Collections Contribution or (ii) such Retained Collections Contribution is required to pay any shortfall in the amounts payable under priorities (ii) through (xxvixxx) of the Priority of Payments, to the extent of any shortfall on such Weekly Allocation Date. The Master Issuer may shall not designate equity contributions as Retained Collections Contributions to the extent such equity contributions were funded by the proceeds of a draw under any the Class A-1 Notes. For the avoidance of doubt, any equity contribution to funding of the Issuer or any other Securitization Entity for the purpose of making an Optional Scheduled Principal Payment Advance Funding Reserve Account shall not constitute a Retained Collections Contribution.

Retained Collections Contributions. At any time after the Closing Date, the Issuer Co-Issuers may (but is are not required to) designate Retained Collections Contributions to be included in Net Cash Flow, but not more than $25,000,000 10,000,000 in any Quarterly Fiscal Collection Period or more than $50,000,000 20,000,000 during any period of four (4) consecutive Quarterly Fiscal Collection Periods or more than $80,000,000 40,000,000 from the Closing Date to the Final Series Legal Final Maturity Date; provided provided, that any Retained Collections Contributions shall be excluded from the amount of Net Cash Flow for purposes of calculating calculations undertaken in the Additional following circumstances: (a) to determine whether the Co-Issuers may extend the Class A-1 Notes DSCR in connection Renewal Date, (b) to determine compliance with any Series Non-Amortization Test and (c) to determine the issuance of Additional Notes pursuant to Section 2.2New Series Pro Forma DSCR. The amount of any Retained Collections Contribution included in Net Cash Flow for the purpose of calculating the DSCR shall be retained in the Collection Account until the Weekly Allocation Date on which either (i) the DSCR for the period of four (4) Quarterly Fiscal Collection Periods ended immediately prior to such Weekly Allocation Date is at least 1.75:1.00 1.75x without giving effect to the inclusion of such Retained Collections Contribution or (ii) such Retained Collections Contribution is required to pay any shortfall in the amounts payable under priorities clauses (ii) through (xxvixxviii) of the Priority of Payments, to the extent of any shortfall on such Weekly Allocation Date. The Issuer Co-Issuers may not designate equity contributions as Retained Collections Contributions to the extent such equity contributions were funded by the proceeds of a draw under any Class A-1 Notes. For the avoidance of doubt, any equity contribution to the Issuer or any other Securitization Entity for the purpose of making an Optional Scheduled Principal Payment shall not constitute a Retained Collections Contribution.