Common use of Sharing Collections Clause in Contracts

Sharing Collections. In the manner described in the related Supplement, to the extent that Principal Collections that are allocated to any Series on a Distribution Date are not needed to make payments to Noteholders of such Series or required to be deposited in a reserve account or a Distribution Account for such Series on such Distribution Date, such Principal Collections may, at the direction of AFC-II, be applied to cover principal payments due to or for the benefit of Noteholders of another Series. Any such reallocation will not result in a reduction in the Invested Amount of the Series to which such Principal Collections were initially allocated.

Sharing Collections. In the manner described in the related applicable Series Supplement, to the extent that Principal Collections that are allocated to any Series on a Distribution Payment Date are not needed to make payments to Noteholders of such Series or required to be deposited in a reserve account or a Distribution Series Account for such Series on such Distribution Payment Date, such Principal Collections may, at the direction of AFC-IIHVF, be applied to cover principal payments due to or for the benefit of Noteholders of another Series. Any such reallocation will not result in a reduction in the Invested Principal Amount of the Series to which such Principal Collections were initially allocated.

Sharing Collections. In the manner described in the related Series Supplement, to the extent that Principal Collections Receivables that are allocated to any Series on a Distribution Date are not needed to make payments to Noteholders of such Series or required to be deposited in a reserve account or a Distribution Payment Account for such Series on such Distribution DateSeries, such Principal Collections may, at the direction of AFC-II, Receivables may be applied to cover principal payments due to or for the benefit of Noteholders of another Series. Any such reallocation will not result in a reduction in the Invested Amount Investor Interest of the Series to which such Principal Collections Receivables were initially allocated.