Common use of Series Charge-Offs Clause in Contracts

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 2002-4 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 2002-4 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii) and (iv) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 2002-4 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 2002-4 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20022000-4 3 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20022000-4 3 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii4.9(a)(v) and (ivvi) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 4.16 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b4.19(b) the amount of Pre-Funding Account investment proceeds applied with respect thereto pursuant to subsection 4.14(c) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b4.20(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20022000-4 3 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Excess Collateral Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20022000-4 3 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a an "Class B Excess Collateral Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20022000-4 1 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20022000-4 1 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii4.9(a)(v) and (ivvi) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20022000-4 1 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Excess Collateral Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20022000-4 1 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a an "Class B Excess Collateral Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20021999-4 1 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20021999-4 1 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii) and (iv) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) ), and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20021999-4 1 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20021999-4 1 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20022001-4 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20022001-4 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii4.9(a)(v) and (ivvi) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 4.17 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b4.20(b), the amount of Pre-Funding Account investment proceeds applied with respect thereto pursuant to subsection 4.14(c), amounts withdrawn from the Funding Period Reserve Account pursuant to subsection 4.15(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b4.21(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20022001-4 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Excess Collateral Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20022001-4 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a an "Class B Excess Collateral Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20022000-4 2 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20022000-4 2 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii4.9(a)(v) and (ivvi) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20022000-4 2 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Excess Collateral Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20022000-4 2 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a an "Class B Excess Collateral Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20021998-4 2 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20021998-4 2 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii) and (iv) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) ), and amounts withdrawn from the Accumulation Period Reserve Account and applied with respect to the Series Default Amount pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20021998-4 2 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20021998-4 2 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20021998-4 3 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20021998-4 3 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii) and (iv) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) ), and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20021998-4 3 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20021998-4 3 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20022004-4 2 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20022004-4 2 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii4.9(a)(vi) and (ivvii) of the AgreementAgreement (including, without limitation, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.20(b) and the amount of Pre-Funding Account investment proceeds applied with respect thereto pursuant to subsection 4.14(c)), the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 4.17 of the Agreement, amounts withdrawn from the amount of Principal Funding Period Reserve Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b4.15(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b4.21(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20022004-4 2 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Excess Collateral Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20022004-4 2 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B an “Excess Collateral Charge-Off"”).

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20022004-4 1 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20022004-4 1 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii) and (iv) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20022004-4 1 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20022004-4 1 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20022001-4 3 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20022001-4 3 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii4.9(a)(v) and (ivvi) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 4.17 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b4.20(b), the amount of Pre-Funding Account investment proceeds applied with respect thereto pursuant to subsection 4.14(c), amounts withdrawn from the Funding Period Reserve Account pursuant to subsection 4.15(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b4.21(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20022001-4 3 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Excess Collateral Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20022001-4 3 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a an "Class B Excess Collateral Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 2002[-4 ] Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 2002[-4 ] Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii4.9(a)(v) and (ivvi) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 2002[-4 ] Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Excess Collateral Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 2002[-4 ] Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a an "Class B Excess Collateral Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20022001-4 1 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20022001-4 1 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii4.9(a)(v) and (ivvi) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20022001-4 1 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Excess Collateral Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20022001-4 1 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a an "Class B Excess Collateral Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20021998-4 3 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20021998-4 3 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii) and (iv) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) ), and amounts withdrawn from the Accumulation Period Reserve Account and applied with respect to the Series Default Amount pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20021998-4 3 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20021998-4 3 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20021998-4 2 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20021998-4 2 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii) and (iv) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) ), and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection subsections 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20021998-4 2 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20021998-4 2 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20022001-4 2 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20022001-4 2 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii4.9(a)(v) and (ivvi) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 4.17 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b4.20(b) the amount of Pre-Funding Account investment proceeds applied with respect thereto pursuant to subsection 4.14(c), amounts withdrawn from the Funding Period Reserve Account pursuant to subsection 4.15(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b4.21(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20022001-4 2 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Excess Collateral Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20022001-4 2 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a an "Class B Excess Collateral Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 20021999-4 2 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 20021999-4 2 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii) and (iv) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 4.16 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b), the amount of Pre-Funding Account investment proceeds applied with respect thereto pursuant to Section 4.14(e) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b4.20(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 20021999-4 2 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 20021999-4 2 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B Charge-Off").

Series Charge-Offs. (a) If, on any Determination Date, the aggregate Series Default Amount and the Series 2002-4 3 Percentage of unpaid Adjustment Payments, if any, for each Business Day in the preceding Monthly Period exceeded the Available Series 2002-4 3 Finance Charge Collections applied to the payment thereof pursuant to subsections 4.9(a)(iii) and (iv) of the Agreement, the amount of Transferor Finance Charge Collections and Excess Finance Charge Collections allocated thereto pursuant to Section 4.10 of the Agreement, the amount of Redirected Principal Collections applied with respect thereto pursuant to Section 4.14 of the Agreement, the amount of Principal Funding Account Investment Proceeds applied with respect thereto pursuant to subsection 4.17(b) and amounts withdrawn from the Accumulation Period Reserve Account pursuant to subsection 4.18(b), (c) and (d) and applied with respect to the Series Default Amount and the Series 2002-4 3 Percentage of unpaid Adjustment Payments with respect to such Monthly Period, the Class B Invested Amount will be reduced by the amount by which the remaining aggregate Series Default Amount and Series 2002-4 3 Percentage of unpaid Adjustment Payments exceed the amount applied with respect thereto during such preceding Monthly Period (a "Class B Charge-Off").