Common use of Settlement Date Procedure - Reinvestment Period Clause in Contracts

Settlement Date Procedure - Reinvestment Period. On the second Business Day after each Reporting Date (each, a "Settlement Date") prior to the Termination Date, Servicer shall distribute from Collections set aside pursuant to Sections 1.03(a)(ii) and (iii) during the immediately preceding Settlement Period the following amounts in the following order: (1) to the Administrator, an amount equal to the Earned Discount accrued during such Settlement Period, plus any previously accrued Earned Discount not paid on a prior Settlement Date, which amount shall be distributed by the Administrator to each Purchaser for application to the accrued Earned Discount with respect to such Purchaser's Capital; (2) to the Administrator, an amount equal to the Program Fee and Commitment Fee accrued during such Settlement Period, plus any previously accrued Program Fee and Commitment Fee not paid on a prior Settlement Date; (3) to Servicer, if Servicer is not Parent, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of Servicer's Fee not paid on a prior Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3)); (4) to the Administrator, an amount equal to the Excess Amount, if any, which amount shall be distributed by the Administrator to each Purchaser, based upon such Purchaser's Funded Percentage, for application to such Purchaser's outstanding Capital; (5) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchasers, the Affected Parties or the Indemnified Parties; (6) to Servicer, if Servicer is Parent, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of Servicer's Fee not paid on a prior Settlement Day (it being understood that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6)); and (7) to Seller, any remaining amounts.

Settlement Date Procedure - Reinvestment Period. On the second Business Day after each Reporting Date (each, a "Settlement Date") prior to the Termination Date, the Servicer shall distribute from Collections set aside pursuant to Sections 1.03(a)(ii1.03(a)(i) and through (iii) during the immediately preceding Settlement Period the following amounts in the following order: (1) to the Administrator, an amount equal to the Earned Discount accrued during such Settlement Period, plus any previously accrued Earned Discount not paid on a prior Settlement Date, which amount shall be distributed by the Administrator to each the Purchaser for application to the accrued such Earned Discount with respect to such Purchaser's CapitalDiscount; (2) to the Administrator, an amount equal to the Program Fee and Commitment Fee accrued during such Settlement Period, plus any previously accrued Program Fee and Commitment Fee amounts described in this clause (2) not paid on a prior Settlement Date; (3) to the Servicer, if the Servicer is not Parent, an amount equal to the Purchasers' Purchaser's Share of the Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Purchaser's Share of the Servicer's Fee not paid on a prior Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3))Date; (4) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchaser, the Affected Parties or the Indemnified Parties; (5) to the Administrator, an amount equal to the Excess Amount, if any, which amount shall be distributed by the Administrator to each Purchaser, based upon such Purchaser's Funded Percentage, the Purchaser for application to such Purchaser's outstanding the Capital; (5) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchasers, the Affected Parties or the Indemnified Parties; (6) to the Servicer, if the Servicer is Parent, an amount equal to the Purchasers' Purchaser's Share of the Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Purchaser's Share of the Servicer's Fee not paid on a prior Settlement Day (it being understood that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6))Day; and (7) to the Seller, any remaining amounts.

Settlement Date Procedure - Reinvestment Period. On the second Business Day after each Reporting Weekly Settlement Date (each, a "Settlement Date") prior to the Termination Date, the Servicer shall distribute from Collections set aside pursuant to Sections 1.03(a)(iiSection 1.03(a)(iii) and during the Settlement Period in which such Weekly Settlement Date occurs (to the extent not previously distributed pursuant to this Section 3.01(a)) to the Administrator, an amount equal to the Excess Amount, if any, which amount shall be distributed to the Administrator ratably to such Purchaser (on the basis of its Funded Share of such amount) for application to such Purchaser's Capital. On each Monthly Settlement Date prior to the Termination Date, the Servicer shall distribute from Collections set aside pursuant to Section 1.03(i) through (iii) during the immediately preceding Settlement Period ending on such Monthly Settlement Date (to the extent not previous distributed pursuant to this Section 3.01(a)) the following amounts in the following order: (1) to the Administratoreach Agent, an amount equal to the Earned Discount accrued during the Earned Discount Period ending on such Monthly Settlement Date with respect to its related Purchasers' Funded Share of the Capital allocated to such Earned Discount Period, plus any previously accrued Earned Discount with respect to its related Purchaser's Funded Share of the Capital not paid on a any prior Monthly Settlement DateDate that remains unpaid, which amount shall be distributed by the Administrator such Agent to each its related Purchaser for application to the accrued such Earned Discount with respect (and if there are insufficient funds to pay all of the amounts described in this subparagraph (1), such Purchaser's Capitalfunds shall be distributed to the Agents, pro rata, on the basis of the amounts due to the Agents pursuant to this subparagraph (1)); (2) to the Administratoreach Agent, an amount equal to the Program Fee and Commitment Fee accrued with respect to its related Purchaser during the Settlement Period ending on such Monthly Settlement PeriodDate, plus any previously accrued Program Fee and Commitment Fee amounts described in this clause (2) due to such Agent not paid on a any prior Monthly Settlement DateDate (and if there are insufficient funds to pay all of the amounts described in this subparagraph (2), such funds shall be distributed to the Agents, pro rata, on the basis of the amounts due to each Agent pursuant to this subparagraph (2)); (3) to the Servicer, if the Servicer is not Parent, an amount equal to the Purchasers' Share of the Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of the Servicer's Fee not paid on a prior Monthly Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3))Date; (4) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, any Agent, any Purchaser, the Affected Parties or the Indemnified Parties; (5) to the Administrator, an amount equal to the Excess Amount, if any, which amount shall be distributed by the Administrator ratably to each Purchaser, based upon Purchaser (on the basis of its Funded Share of such Purchaser's Funded Percentage, amount) for application to such Purchaser's outstanding Capital; (5) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchasers, the Affected Parties or the Indemnified Parties; (6) to the Servicer, if the Servicer is Parent, an amount equal to the Purchasers' Share of the Servicer's Fee accrued during the Settlement Period ending on such Monthly Settlement PeriodDate, plus any previously accrued Purchasers' Share of the Servicer's Fee not paid on a prior Monthly Settlement Day (it being understood that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6))Day; and (7) to the Seller, any remaining amounts.

Settlement Date Procedure - Reinvestment Period. On the second eighth Business Day after each Reporting Cut-Off Date (each, a "Settlement Date") prior to the Termination Date, the Servicer shall distribute from Collections set aside pursuant to Sections 1.03(a)(ii1.3(a)(i) and through (iii) during the immediately preceding Settlement Period the following amounts in the following order: (1) to the Administratoreach Agent, an amount equal to the Earned Discount accrued with respect to its related Conduit Purchaser's and Committed Purchasers' Funded Percentages of the Capital during such Settlement Period, plus any previously accrued Earned Discount with respect to its related Conduit Purchaser's and Committed Purchasers' Funded Percentages of the Capital not paid on a prior Settlement Date, which amount shall be distributed by the Administrator such Agent to each its related Conduit Purchaser and Committed Purchasers for application to the accrued such Earned Discount with respect (and if these are insufficient funds to pay all of the amounts described in this subparagraph (1), such Purchaser's Capitalfunds shall be distributed to the Agents, pro rata, on the basis of the amounts due to each Agent pursuant to this subparagraph (1); (2) to the Administratoreach Agent, an amount equal to the Program Fee and Commitment Fee accrued with respect to its related Conduit Purchaser during such Settlement Period, plus any previously accrued Program Fee Fees and Commitment Fees due to such Agent (or its related Conduit Purchaser) not paid on a prior Settlement Date (and if there are insufficient funds to pay all of the amounts described in this subparagraph (2), such funds shall be distributed to the Agents, pro rata, on the basis of the amounts due to each Agent pursuant to this subparagraph(2)); (3) to the Administrator, an amount equal to the Administration Fee accrued during such Settlement Period, plus any previously accrued Administration Fee not paid on a prior Settlement Date; (34) to the Servicer, if the Servicer is not Parent, an amount equal to the Purchasers' Share of the Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of the Servicer's Fee not paid on a prior Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3))Date; (45) to the Administrator, an amount equal to the Excess Amount, if any, which amount shall be distributed by the Administrator to each Purchaser, based upon Purchaser (on the basis of its Funded Percentage of such Purchaser's Funded Percentage, amount) for application to such Purchaser's outstanding Capital; (56) to the AdministratorPersons to whom such amounts are payable, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchasers, the Affected Parties Parties, the Agents or the Indemnified Parties; (67) to the Servicer, if the Servicer is Parent, an amount equal to the Purchasers' Share of the Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of the Servicer's Fee not paid on a prior Settlement Day (it being understood that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6))Day; and (7) 8) to the Seller, any remaining amounts.

Settlement Date Procedure - Reinvestment Period. On the second Business Day after each Reporting Date (each, a "Weekly ----------------------------------------------- Settlement Date") prior to , the Termination Date, Servicer shall distribute from Collections set aside pursuant to Sections 1.03(a)(ii1.03(a)(i) and through (iii) during the immediately preceding Settlement ------------------- ----- Period in which such Weekly Settlement Date occurs (to the extent not previously distributed pursuant to this Section 3.01(c)) the following ---------------- amounts in the following order: (1) to the Administrator, an amount equal to the Earned Discount accrued during the Earned Discount Period ending on such Weekly Settlement Date on the portion of the Capital allocated to such Earned Discount Period, plus any previously accrued Earned Discount not paid on a any prior Weekly Settlement DateDate that remains unpaid, which amount shall be distributed by the Administrator to each the Purchaser for application to the accrued such Earned Discount with respect to such Purchaser's CapitalDiscount; (2) if such Weekly Settlement Date is also a Monthly Settlement Date, to the Administrator, an amount equal to the Program Fee and Commitment Fee accrued during the Settlement Period ending on such Monthly Settlement PeriodDate, plus any previously accrued Program Fee and Commitment Fee amounts ---- described in this clause (2) not paid on a any prior Monthly Settlement Date---------- Date that remain unpaid; (3) if such Weekly Settlement Date is also a Monthly Settlement Date, to the Servicer, if the Servicer is not Parent, an amount equal to the Purchasers' Purchaser's Share of the Servicer's Fee accrued during the Settlement Period ending on such Monthly Settlement PeriodDate, plus any ---- previously accrued Purchasers' Purchaser's Share of the Servicer's Fee not paid on a prior Monthly Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3))remains unpaid; (4) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchaser, the Affected Parties or the Indemnified Parties; (5) to the Administrator, an amount equal to the Excess Amount, if any, which amount shall be distributed by the Administrator to each Purchaser, based upon such Purchaser's Funded Percentage, the Purchaser for application to such Purchaser's outstanding the Capital; (5) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchasers, the Affected Parties or the Indemnified Parties; (6) if such Weekly Settlement Date is also a Monthly Settlement Date, to the Servicer, if the Servicer is Parent, an amount equal to the Purchasers' Purchaser's Share of the Servicer's Fee accrued during the Settlement Period ending on such Monthly Settlement PeriodDate, plus any ---- previously accrued Purchasers' Purchaser's Share of the Servicer's Fee not paid on a prior Monthly Settlement Day (it being understood Date that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6))remains unpaid; and (7) if such Weekly Settlement Date is also a Monthly Settlement Date, to the Seller, any remaining amounts.

Settlement Date Procedure - Reinvestment Period. On the second twentieth (20th) day of each calendar month (commencing in August, 2005), or if such day is not a Business Day, the next succeeding Business Day after each Reporting Date (each, a "Settlement Date") prior to the Termination Date, the Servicer shall distribute transfer from Collections set aside pursuant to Sections 1.03(a)(ii) the Collection Account all Available Funds, and (iii) during the immediately preceding Settlement Period the following amounts shall apply such amount in the following order: (1) to the AdministratorAdministrator on behalf of the Purchaser, an amount equal to the (i) Earned Discount accrued during such Settlement Period, plus any previously accrued Earned Discount not paid on a prior Settlement Date, which amount shall be distributed by the Administrator to each Purchaser for application to the accrued Earned Discount with respect to such Purchaser's Capital; and (2ii) to the Administrator, an amount equal to the Program Fee and Commitment Fee Fees accrued during such Settlement Period, plus any previously accrued Program Fee Fees and Commitment Fee not paid on a prior Settlement Date; (2) to the Administrator on behalf of the Purchaser, an amount equal to the Unused Program Fees accrued during such Settlement Period, plus any previously accrued Unused Program Fees not paid on a prior Settlement Date; (3) to Servicer, if Servicer is not Parent, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of Servicer's Fee not paid on a prior Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3)); (4) to the Administrator, an amount equal to the Excess Amountamount, if any, necessary to reduce the Senior Investor Balance to the Benchmark Amount (calculated after giving effect to any distribution to be made from the Cash Collateral Account on such day) and to reduce the Senior Investor Balance in accordance with Section 3.02(b), which amount shall be distributed by the Administrator to each Purchaser, based upon such Purchaser's Funded Percentage, the Purchaser for application to the Senior Investor Balance; (4) to the Servicer, an amount equal to the Servicer's Fee for such Purchaserpreceding Due Period, plus any previously accrued and unpaid Servicer's outstanding CapitalFee for the payment of the accrued and unpaid Servicer's Fees; (5) to the Reserve Account, to the extent necessary to cause funds on deposit therein to equal the Required Reserve Account Amount; (6) to the Cash Collateral Account, to the extent necessary to cause funds on deposit therein to equal (or, if Seller shall so direct, to exceed) the Required Cash Collateral Amount; and (7) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the PurchasersPurchaser, the Affected Parties or the Indemnified Parties; (6) to Servicer8) to, if Servicer is Parentor at the direction of, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of Servicer's Fee not paid on a prior Settlement Day (it being understood that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6)); and (7) to Seller, Seller any remaining amounts.

Settlement Date Procedure - Reinvestment Period. On the second Business Day after each the first Reporting Date occurring in each calendar month (each, a "Settlement Date") prior to the Termination Date, Servicer shall distribute from Collections set aside pursuant to Sections 1.03(a)(ii) and (iii) during the immediately preceding Settlement Period the following amounts in the following order: (1) to the Administrator, an amount equal to the Earned Discount accrued during such Settlement Period, plus any previously accrued Earned Discount not paid on a prior Settlement Date, which amount shall be distributed by the Administrator to each Purchaser for application to the accrued Earned Discount with respect to such Purchaser's Capital; (2) to the Administrator, an amount equal to the Program Fee and Commitment Fee accrued during such Settlement Period, plus any previously accrued Program Fee and Commitment Fee not paid on a prior Settlement Date; (3) to Servicer, if Servicer is not Parent, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of Servicer's Fee not paid on a prior Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3)); (4) to the Administrator, an amount equal to the Excess Amount, if any, which amount shall be distributed by the Administrator to each Purchaser, based upon such Purchaser's Funded Percentage, for application to such Purchaser's outstanding Capital; (5) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchasers, the Affected Parties or the Indemnified Parties; (6) to Servicer, if Servicer is Parent, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of Servicer's Fee not paid on a prior Settlement Day (it being understood that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6)); and (7) to Seller, any remaining amounts.

Settlement Date Procedure - Reinvestment Period. On the second fifteenth day of each month, or if such day is not a Business Day, the next succeeding Business Day after each Reporting Date (each, a "Settlement Date") prior to the Termination Date, the Servicer shall distribute distribute, from Collections set aside pursuant to Sections 1.03(a)(ii) and (iii) during the immediately preceding Available Funds for such Settlement Period Date, the following amounts in the following order: (1) to the Administrator, an amount equal to the Earned Discount accrued during such Settlement Period, plus any previously accrued Earned Discount not paid on a prior Settlement Date, which amount shall be distributed by the Administrator to each the Purchaser for application to the accrued such Earned Discount with respect to such Purchaser's CapitalDiscount; (2) to the Administrator, an amount equal to the Program Fee and the Commitment Fee accrued during such Settlement Period, plus any previously accrued Program Fee and Commitment Fee not paid on a prior Settlement Date; (3) to the Servicer, if the Servicer is not ParentSeller or one of its Affiliates, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of to the extent that such Servicer's Fee does not paid on exceed the Servicer's Fee that would have accrued if such Servicer's Fee had been calculated using a prior Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3))Servicer's Fee Rate of 2%; (4) to the Administrator, an amount equal to the Excess Amountamount, if any, necessary to reduce the Asset Interest to the Allocation Limit and to reduce the Purchaser's Total Investment in accordance with Section 3.02(b), which amount shall be distributed by the Administrator to each Purchaser, based upon such Purchaser's Funded Percentage, the Purchaser for application to such the Purchaser's outstanding CapitalTotal Investment; (5) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the PurchasersRelationship Bank, the Purchaser, the Affected Parties or the Indemnified Parties; (6) to the Servicer, if Servicer is Parent, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement PeriodPeriod to the extent not paid pursuant to subparagraph (3) above, plus any previously accrued Purchasers' Share of Servicer's Fee not paid on a prior Settlement Day (it being understood that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6)); andDate; (7) to the RPA Cash Collateral Account, to the extent necessary to cause funds on deposit therein to equal the RPA Required Cash Collateral Amount; (8) to the Spread Account, to the extent required under the terms of the Spread Account Agreement; and (9) to the Seller, any remaining amounts; provided, however, that if the Seller shall so instruct the Administrator, funds that would otherwise be paid to the Seller under this clause shall be deposited in the RPA Cash Collateral Account.

Settlement Date Procedure - Reinvestment Period. On the second twentieth (20th) day of each calendar month (commencing in August, 2005), or if such day is not a Business Day, the next succeeding Business Day after each Reporting Date (each, a "“Settlement Date"”) prior to the Termination Date, the Servicer shall distribute transfer from Collections set aside pursuant to Sections 1.03(a)(ii) the Collection Account all Available Funds, and (iii) during the immediately preceding Settlement Period the following amounts shall apply such amount in the following order: (1) to the AdministratorAdministrator on behalf of the Purchaser, an amount equal to the (i) Earned Discount accrued during such Settlement Period, plus any previously accrued Earned Discount not paid on a prior Settlement Date, which amount shall be distributed by the Administrator to each Purchaser for application to the accrued Earned Discount with respect to such Purchaser's Capital; and (2ii) to the Administrator, an amount equal to the Program Fee and Commitment Fee Fees accrued during such Settlement Period, plus any previously accrued Program Fee Fees and Commitment Fee not paid on a prior Settlement Date; (2) to the Administrator on behalf of the Purchaser, an amount equal to the Unused Program Fees accrued during such Settlement Period, plus any previously accrued Unused Program Fees not paid on a prior Settlement Date; (3) to Servicer, if Servicer is not Parent, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of Servicer's Fee not paid on a prior Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3)); (4) to the Administrator, an amount equal to the Excess Amountamount, if any, necessary to reduce the Senior Investor Balance to the Benchmark Amount (calculated after giving effect to any distribution to be made from the Cash Collateral Account on such day) and to reduce the Senior Investor Balance in accordance with Section 3.02(b), which amount shall be distributed by the Administrator to each Purchaser, based upon such Purchaser's Funded Percentage, the Purchaser for application to the Senior Investor Balance; (4) to the Servicer, an amount equal to the Servicer’s Fee for such Purchaser's outstanding Capitalpreceding Due Period, plus any previously accrued and unpaid Servicer’s Fee for the payment of the accrued and unpaid Servicer’s Fees; (5) to the Reserve Account, to the extent necessary to cause funds on deposit therein to equal the Required Reserve Account Amount; (6) to the Cash Collateral Account, to the extent necessary to cause funds on deposit therein to equal (or, if Seller shall so direct, to exceed) the Required Cash Collateral Amount; and (7) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the PurchasersPurchaser, the Affected Parties or the Indemnified Parties; (6) to Servicer8) to, if Servicer is Parentor at the direction of, an amount equal to the Purchasers' Share of Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Share of Servicer's Fee not paid on a prior Settlement Day (it being understood that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6)); and (7) to Seller, Seller any remaining amounts.

Settlement Date Procedure - Reinvestment Period. On the second eighth Business Day after each Reporting Cut-Off Date (each, a "Settlement Date") prior to the Termination Date, the Servicer shall distribute from Collections set aside pursuant to Sections 1.03(a)(ii1.03(a)(i) and through (iii) during the immediately preceding Settlement Period the following amounts in the following order: (1) to the Administrator, an amount equal to the Earned Discount accrued during such Settlement Period, plus any previously accrued Earned Discount not paid on a prior Settlement Date, which amount shall be distributed by the Administrator to each the Purchaser for application to the accrued such Earned Discount with respect to such Purchaser's CapitalDiscount; (2) to the Administrator, an amount equal to the Program Fee and Commitment Fee accrued during such Settlement Period, plus any previously accrued Program Fee and Commitment Fee amounts described in this clause (2) not paid on a prior Settlement Date; (3) to the Servicer, if the Servicer is not Parent, an amount equal to the Purchasers' Purchaser's Share of the Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Purchaser's Share of the Servicer's Fee not paid on a prior Settlement Date (it being understood that so long as Servicer is Parent, no amount shall be distributed pursuant to this clause (3))Date; (4) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchaser, the Affected Parties or the Indemnified Parties; (5) to the Administrator, an amount equal to the Excess Amount, if any, which amount shall be distributed by the Administrator to each Purchaser, based upon such Purchaser's Funded Percentage, the Purchaser for application to such Purchaser's outstanding the Capital; (5) to the Administrator, all other amounts (other than Capital) then due under this Agreement to the Administrator, the Purchasers, the Affected Parties or the Indemnified Parties; (6) to the Servicer, if the Servicer is Parent, an amount equal to the Purchasers' Purchaser's Share of the Servicer's Fee accrued during such Settlement Period, plus any previously accrued Purchasers' Purchaser's Share of the Servicer's Fee not paid on a prior Settlement Day (it being understood that so long as Servicer is not the Parent, no amount shall be distributed pursuant to clause (6))Day; and (7) to the Seller, any remaining amounts.