Common use of Unapplied Excess Finance Charge Collections Clause in Contracts

Unapplied Excess Finance Charge Collections. On each Note Transfer Date, Unapplied Excess Finance Charge Collections for each Shared Excess Available Finance Charge Collections Group for such Note Transfer Date shall be applied in the following manner: (a) if the Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date and the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date are both greater than zero: (i) if the amount of Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date is greater than or equal to the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date, the issuing entity of each Unapplied Excess Finance Charge Sharing Collateral Certificate with respect to such Group shall be paid an amount equal to the Aggregate Remaining Master Trust Level Required Amount for such Unapplied Excess Finance Charge Sharing Collateral Certificate, or (ii) if the amount of Unapplied Excess Finance Charge Collections for such Group is less than the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date, the issuing entity of each Unapplied Excess Finance Charge Sharing Collateral Certificate with respect to such Group shall be paid an amount equal to the product of (x) the Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date and (y) a fraction, the numerator of which is the Aggregate Remaining Master Trust Level Required Amount for such Unapplied Excess Finance Charge Sharing Collateral Certificate for such Note Transfer Date and the denominator of which is the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date; and (b) Unapplied Excess Finance Charge Collections remaining with respect to such Group after any payments made pursuant to subsection 3.13(a) shall be paid to the Transferor.

Unapplied Excess Finance Charge Collections. On each Note Transfer Date, Unapplied Excess Finance Charge Collections for each Shared Excess Available Finance Charge Collections Group for such Note Transfer Date shall be applied in the following manner: (a) if the Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date and the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date are both greater than zero: (i) if the amount of Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date is greater than or equal to the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date, the issuing entity of each Unapplied Excess Finance Charge Sharing Collateral Certificate with respect to such Group shall be paid an amount equal to the Aggregate Remaining Master Trust Level Required Amount for such Unapplied Excess Finance Charge Sharing Collateral Certificate, or (ii) if the amount of Unapplied Excess Finance Charge Collections for such Group is less than the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date, the issuing entity of each Unapplied Excess Finance Charge Sharing Collateral Certificate with respect to such Group shall be paid an amount equal to the product of (x) the Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date and (y) a fraction, the numerator of which is the Aggregate Remaining Master Trust Level Required Amount for such Unapplied Excess Finance Charge Sharing Collateral Certificate for such Note Transfer Date and the denominator of which is the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date; and (b) Unapplied Excess Finance Charge Collections remaining with respect to such Group after any payments made pursuant to subsection 3.13(a) shall be paid to the Transferor.

Unapplied Excess Finance Charge Collections. On each Note Transfer Date, Unapplied Excess Finance Charge Collections for each Shared Excess Available Finance Charge Collections Group for such Note Transfer Date shall be applied in the following manner: (a) if the Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date and the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date are both greater than zero: (i) if the amount of Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date is greater than or equal to the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date, the issuing entity of each Unapplied Excess Finance Charge Sharing Collateral Certificate with respect to such Group shall be paid an amount equal to the Aggregate Remaining Master Trust Level Required Amount for such Unapplied Excess Finance Charge Sharing Collateral Certificate, or (ii) if the amount of Unapplied Excess Finance Charge Collections for such Group is less than the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date, the issuing entity of each Unapplied Excess Finance Charge Sharing Collateral Certificate with respect to such Group shall be paid an amount equal to the product of (x) the Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date and (y) a fraction, the numerator of which is the Aggregate Remaining Master Trust Level Required Amount for such Unapplied Excess Finance Charge Sharing Collateral Certificate for such Note Transfer Date and the denominator of which is the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date; and; (b) Unapplied Excess Finance Charge Collections remaining with respect to such Group after any payments made pursuant to subsection Section 3.13(a) shall be paid to the Transferor.

Unapplied Excess Finance Charge Collections. On each Note Transfer Date, Unapplied Excess Finance Charge Collections for each Shared Excess Available Finance Charge Collections Group for such Note Transfer Date shall be applied in the following manner: (a) if the Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date and the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date are both greater than zero: (i) if the amount of Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date is greater than or equal to the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date, the issuing entity issuer of each Unapplied Excess Finance Charge Sharing Collateral Certificate with respect to such Group shall be paid an amount equal to the Aggregate Remaining Master Trust Level Required Amount for such Unapplied Excess Finance Charge Sharing Collateral Certificate, or (ii) if the amount of Unapplied Excess Finance Charge Collections for such Group is less than the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date, the issuing entity issuer of each Unapplied Excess Finance Charge Sharing Collateral Certificate with respect to such Group shall be paid an amount equal to the product of (x) the Unapplied Excess Finance Charge Collections for such Group for such Note Transfer Date and (y) a fraction, the numerator of which is the Aggregate Remaining Master Trust Level Required Amount for such Unapplied Excess Finance Charge Sharing Collateral Certificate for such Note Transfer Date and the denominator of which is the sum of the Aggregate Remaining Master Trust Level Required Amounts for all Unapplied Excess Finance Charge Sharing Collateral Certificates with respect to such Group for such Note Transfer Date; and; (b) Unapplied Excess Finance Charge Collections remaining with respect to such Group after any payments made pursuant to subsection Section 3.13(a) shall be paid to the Transferor.