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 2010-3 Notes are in excess of the amount required to pay amounts due in respect of the Series 2010-3 Notes on the next succeeding Payment Date in full, then any such excess Principal Collections shall be allocated in accordance with Section 4.7(a)(i)(E) or 4.7(b)(i)(E) of the Series 2010-3 Supplement, if applicable, otherwise to the Retained Distribution Account (provided that no Series 2010-3 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 VII Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group VII 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 20102011-3 1 Notes are in excess of the amount required to pay amounts due in respect of the Series 20102011-3 1 Notes on the next succeeding Payment Date in full, then any such excess Principal Collections shall be allocated in accordance with Section 4.7(a)(i)(E4.7(a)(i)(C) or 4.7(b)(i)(E4.7(b)(i)(C) of the Series 20102011-3 1 Supplement, if applicable, otherwise to the Retained Distribution Account (provided that no Series 20102011-3 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 VII VIII Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group VII VIII 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 2010-3 1997 1/N1 Notes on any Payment Date are in excess of the amount required to pay amounts due in respect of the Series 2010-3 1997 1/N1 Notes on the next succeeding such Payment Date in full, then any such excess Principal Collections shall be allocated in accordance with Section 4.7(a)(i)(E) or 4.7(b)(i)(E) of the Series 2010-3 Supplement, if applicable, otherwise to the Retained Distribution Account (to the extent that the Retained Interest Amount equals or exceeds zero) and provided that no Series 2010-3 1997 1/N1 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 VII I Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group VII 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 20102011-3 2 Notes are in excess of the amount required to pay amounts due in respect of the Series 20102011-3 2 Notes on the next succeeding Payment Date in full, then any such excess Principal Collections shall be allocated in accordance with Section 4.7(a)(i)(E4.7(a)(i)(C) or 4.7(b)(i)(E4.7(b)(i)(C) of the Series 20102011-3 2 Supplement, if applicable, otherwise to the Retained Distribution Account (provided that no Series 20102011-3 2 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 VII VIII Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group VII VIII 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 20102005-3 1 Notes on any Payment Date are in excess of the amount required to pay amounts due in respect of the Series 20102005-3 1 Notes or to the Series 2005-1 Insurer on the next succeeding such Payment Date in full, then any such excess Principal Collections shall be allocated in accordance with Section 4.7(a)(i)(E4.7(a)(i)(C) or 4.7(b)(i)(E4.7(b)(i)(C) of the Series 20102005-3 1 Supplement, if applicable, otherwise to the Retained Distribution Account (provided that no Series 20102005-3 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 VII III Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group VII III Collection Account or the Master Collateral Account, as applicable.