Common use of Spread Account Draws Clause in Contracts

Spread Account Draws. (i) At the written direction of the Servicer and to the extent that Series 2010-1 Available Interest Amounts (without giving effect to clause (vi) of the definition thereof) are insufficient to pay in full the amounts set forth in Sections 3.01(a)(ii), (iii) and (iv), the Indenture Trustee shall withdraw funds from the Series 2010-1 Spread Account in an amount equal to the lesser of (A) the amount of such shortfall and (B) the amount on deposit in the Series 2010-1 Spread Account (after giving effect to any withdrawals from the Series 2010-1 Spread Account on such Transfer Date other than a withdrawal pursuant to Sections 3.01(c)(i), (ii) and (iii) on such date), and treat such funds as “Series 2010-1 Available Interest Amounts.”

Spread Account Draws. (i) At On any Transfer Date, at the written direction of the Servicer and to the extent that Series 2010-1 VFN Available Interest Amounts (without giving effect to clause (viv) of the definition thereof) are insufficient to pay in full the amounts set forth in Sections Section 3.01(a)(ii), (iii) and (iv), the Indenture Trustee shall withdraw funds from the Series 2010-1 VFN Spread Account in an amount equal to the lesser of (A) the amount of such shortfall and (B) the amount on deposit in the Series 2010-1 VFN Spread Account (after giving effect to any withdrawals from the Series 2010-1 VFN Spread Account on such Transfer Date other than a withdrawal pursuant to Sections 3.01(c)(i), (ii) and (iii) on such date), ) and treat such funds as “Series 2010-1 VFN Available Interest Amounts.”

Spread Account Draws. (i) At the written direction of the Servicer and to the extent that Series 20102009-1 Available Interest Amounts (without giving effect to clause (vi) of the definition thereof) are insufficient to pay in full the amounts set forth in Sections 3.01(a)(ii), (iii) and (iv), the Indenture Trustee shall withdraw funds from the Series 20102009-1 Spread Account in an amount equal to the lesser of (A) the amount of such shortfall and (B) the amount on deposit in the Series 20102009-1 Spread Account (after giving effect to any withdrawals from the Series 20102009-1 Spread Account on such Transfer Date other than a withdrawal pursuant to Sections 3.01(c)(i), (ii) and (iii) on such date), and treat such funds as “Series 20102009-1 Available Interest Amounts.”