Common use of Unallocated Principal Collections Clause in Contracts

Unallocated Principal Collections. If, after giving effect to Section 4.2(d), Principal Collections allocated to the Series 1998-1 Notes on any Payment Date are in excess of the amount required to pay amounts due in respect of the Series 1998-1 Notes on such Payment Date in full, then any such excess Principal Collections shall be allocated to the Retained Distribution Account (provided that no Series 1998-1 Enhancement Deficiency or Asset Amount Deficiency exists or would result from such allocation). In addition, for purposes of Section 4.2(a) of the Base Indenture, the Master Servicer in its capacity as such under the Master Lease shall cause all Collections allocable to Group II Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group II Collection Account or the Master Collateral Account, as applicable.

Unallocated Principal Collections. If, after giving effect to Section 4.2(d), Principal Collections allocated to the Series 19982000-1 Notes on any Payment Date are in excess of the amount required to pay amounts due in respect of the Series 19982000-1 Notes on such Payment Date in full, then any such excess Principal Collections shall be allocated to the Retained Distribution Account (provided that no Series 19982000-1 Enhancement Deficiency or Asset Amount Deficiency exists or would result from such allocation). In addition, for purposes of Section 4.2(a) of the Base Indenture, the Master Servicer in its capacity as such under the Master Lease shall cause all Collections allocable to Group II Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group II Collection Account or the Master Collateral Account, as applicable.

Unallocated Principal Collections. If, after giving effect to Section 4.2(d), Principal Collections allocated to the Series 19982010-1 Notes on any Payment Date are in excess of the amount required to pay amounts due in respect of the Series 19982010-1 Notes on such the next succeeding Payment Date in full, then any such excess Principal Collections shall be allocated to the Retained Distribution Account (provided that no Series 19982010-1 Enhancement Deficiency or Asset Amount Deficiency exists or would result from such allocation). In addition, for purposes of Section 4.2(a) of the Base Indenture, the Master Servicer in its capacity as such under the Master Lease shall cause all Collections allocable to Group II V Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group II V Collection Account or the Master Collateral Account, as applicable.

Unallocated Principal Collections. If, after giving effect to Section 4.2(d), Principal Collections allocated to the Series 19981999-1 Notes on any Payment Date are in excess of the amount required to pay amounts due in respect of the Series 19981999-1 Notes on such Payment Date in full, then any such excess Principal Collections shall be allocated to the Retained Distribution Account (provided that no Series 19981999-1 Enhancement Deficiency or Asset Amount Deficiency exists or would result from such allocation). In addition, for purposes of Section 4.2(a) of the Base Indenture, the Master Servicer in its capacity as such under the Master Lease shall cause all Collections allocable to Group II I Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group II I Collection Account or the Master Collateral Account, as applicable.

Unallocated Principal Collections. If, after giving effect to Section 4.2(d), Principal Collections allocated to the Series 19982002-1 Notes on any Payment Date are in excess of the amount required to pay amounts due in respect of the Series 19982002-1 Notes or to the Series 2002-1 Insurer on such Payment Date in full, then any such excess Principal Collections shall be allocated to the Retained Distribution Account (provided that no Series 19982002-1 Enhancement Deficiency or Asset Amount Deficiency exists or would result from such allocation). In addition, for purposes of Section 4.2(a) of the Base Indenture, the Master Servicer in its capacity as such under the Master Lease shall cause all Collections allocable to Group II III Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group II III Collection Account or the Master Collateral Account, as applicable.

Unallocated Principal Collections. If, after giving effect to Section 4.2(d), Principal Collections allocated to the Series 19982001-1 Notes on any Payment Date are in excess of the amount required to pay amounts due in respect of the Series 19982001-1 Notes or to the Series 2001-1 Insurer on such Payment Date in full, then any such excess Principal Collections shall be allocated to the Retained Distribution Account (provided that no Series 19982001-1 Enhancement Deficiency or Asset Amount Deficiency exists or would result from such allocation). In addition, for purposes of Section 4.2(a) of the Base Indenture, the Master Servicer in its capacity as such under the Master Lease shall cause all Collections allocable to Group II III Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group II III Collection Account or the Master Collateral Account, as applicable.