Common use of Allocations to the Series Clause in Contracts

Allocations to the Series. [_____] Noteholders. The Issuer shall, on each Date of Processing, after giving effect to allocations in respect of Dealer Overconcentrations, Manufacturer Overconcentrations and Product Line Overconcentrations pursuant to Section 8.4 of the Indenture, allocate to the Series [_____] Noteholders the following amounts as set forth below: (i) Allocations of Non-Principal Collections. The Issuer shall allocate to the Series [_____] Noteholders an amount equal to the product of (A) the Allocation Percentage and (B) the aggregate Non-Principal Collections processed on such Date of Processing and shall deposit such amount into the Non-Principal Account; provided, that, so long as, with respect to each Monthly Period falling in the Revolving Period (and with respect to that portion of each Monthly Period in the Controlled Accumulation Period falling on or after the day on which Principal Collections equal to the related Controlled Payment Amount have been allocated pursuant to Section 4.3(b)(ii) and deposited pursuant to Section 4.3(a)), Non-Principal Collections shall be transferred into the Non-Principal Account only until such time as the aggregate amount so deposited equals the sum (the "Target Amount") of the amounts contemplated to be paid or deposited pursuant to Section 4.4(a) on the related Transfer Date or Payment Date; and any Non-Principal Collections allocated to the Series [_____] Noteholders but not deposited into the Non-Principal Account due to the operation of this proviso shall be released to the Issuer; provided, further, if on any Transfer Date the Free Equity Amount is less than the Minimum Free Equity Amount after giving effect to all transfers and deposits on that Transfer Date, the Issuer shall, on that Transfer Date, deposit into the Principal Account funds in an amount equal to the amounts of Available Non-Principal Collections that are required to be treated as Available Principal Collections pursuant to Section 4.4(a)(vi) and (vii) but are not available from funds in the Non-Principal Account as a result of the operation of the second preceding proviso.

Allocations to the Series. [_____[ ] Noteholders. The Issuer shall, on each Date of Processing, after giving effect to allocations in respect of Dealer Overconcentrations, Manufacturer Overconcentrations and Product Line Overconcentrations pursuant to Section 8.4 of the Indenture, allocate to the Series [_____[ ] Noteholders the following amounts as set forth below: (i) Allocations of Non-Principal Collections. The Issuer shall allocate to the Series [_____[ ] Noteholders an amount equal to the product of (A) the Allocation Percentage and (B) the aggregate Non-Principal Collections processed on such Date of Processing and shall deposit such amount into the Non-Principal Account; provided, ; that, so long as, with respect to each Monthly Period falling in the Revolving Period (and with respect to that portion of each Monthly Period in the Controlled Accumulation Period falling on or after the day on which Principal Collections equal to the related Controlled Payment Amount have been allocated pursuant to Section 4.3(b)(ii) and deposited pursuant to Section 4.3(a)), Non-Principal Collections shall be transferred into the Non-Principal Account only until such time as the aggregate amount so deposited equals the sum (the "Target Amount") of (A) the amounts contemplated fees payable to the Indenture Trustee, the Trustee and the Administrator on the related Payment Date, (B) the Monthly Interest for the related Payment Date, (C) the Noteholder Servicing Fee, [and (D) any amount required to be paid or deposited pursuant to Section 4.4(a) in the Reserve Account on the related Transfer Date or Payment Date]; and any Non-Principal Collections allocated to the Series [_____[ ] Noteholders but not deposited into the Non-Principal Account due to the operation of this proviso shall be released to Transferor; provided, further, that, notwithstanding the preceding proviso, if on any Business Day the Indenture Supplement Issuer determines that the Target Amount for a Monthly Period exceeds the Target Amount for that Monthly Period as previously calculated by Issuer, then (x) Issuer shall (on the same Business Day) inform Transferor of such determination, and (y) within two (2) Business Days thereafter direct Transferor to deposit into the Non-Principal Account funds in an amount equal to the excess of the recalculated Target Amount for such Monthly Period over the Target Amount previously calculated by the Issuer for the same Monthly Period; and provided, further, if on any Transfer Date the Free Equity Amount is less than the Minimum Free Equity Amount after giving effect to all transfers and deposits on that Transfer Date, the Issuer shallshall cause Transferor, on that Transfer Date, to deposit into the Principal Account funds in an amount equal to the amounts of Available Non-Principal Collections that are required to be treated as Available Principal Collections pursuant to Section 4.4(a)(vi) and (vii) but are not available from funds in the Non-Principal Account as a result of the operation of the second preceding proviso.

Allocations to the Series. [____200_-_] NoteholdersNOTEHOLDERS. The Issuer shall, Servicer shall on each the Date of Processing, after giving effect to allocations in respect of Dealer Overconcentrations, Manufacturer Overconcentrations and Product Line Overconcentrations pursuant to Section 8.4 of the Indenture, allocate to the Series [____200_-_] Noteholders the following amounts as set forth below: (i) Allocations of Non-Principal CollectionsALLOCATIONS OF FINANCE CHARGE COLLECTIONS. The Issuer Servicer shall allocate to the Series [____200_-_] Noteholders an amount equal to the product of (A) the Allocation Percentage and (B) the aggregate Non-Principal Finance Charge Collections processed on such Date of Processing and shall deposit such amount into the Non-Principal Finance Charge Account; provided, PROVIDED that, so long as, with respect to each Monthly Period falling in the Revolving Period (and with respect to that portion of each Monthly Period in the Controlled Accumulation Period falling on or after the day on which Collections of Principal Collections Receivables equal to the related Controlled Payment Deposit Amount have been allocated pursuant to Section 4.3(b)(iiSECTION 4.1(b)(ii) and deposited pursuant to Section 4.3(aSECTION 4.1(c)), Non-Principal Collections of Finance Charge Receivables shall be transferred into the Non-Principal Finance Charge Account only until such time as the aggregate amount so deposited equals the sum (the "Target AmountTARGET AMOUNT") of (A) the amounts contemplated to be paid or deposited in the Distribution Account pursuant to Section 4.4(aSECTIONS 4.4(a)(i), (ii), and (iv) for distribution on the related Distribution Date, (B) if WFN is not the Servicer, the Noteholder Servicing Fee (and if WFN is the Servicer, then amounts that otherwise would have been transferred into the Finance Charge Account pursuant to this CLAUSE (B) shall instead by returned to WFN as payment of the Noteholder Servicing Fee), and (C) any amount required to be deposited in the Reserve Account, the Spread Account and the Cash Collateral Account on the related Transfer Date or Payment Date; PROVIDED FURTHER, that, notwithstanding the preceding proviso, if on any Business Day the Servicer determines that the Target Amount for a Monthly Period exceeds the Target Amount for that Monthly Period as previously calculated by Servicer, then (x) Servicer shall (on the same Business Day) inform Transferor of such determination, and any Non-Principal (y) within two Business Days of receiving such notice Transferor shall deposit into the Finance Charge Account funds in an amount equal to the amount of Collections of Finance Charge Receivables allocated to the Series [_____] Noteholders for that Monthly Period but not deposited into the Non-Principal Finance Charge Account due to the operation of this the preceding proviso shall be released to (but not in excess of the Issueramount required so that the aggregate amount deposited for the subject Monthly Period equals the Target Amount); providedand PROVIDED, furtherFURTHER, if on any Transfer Date the Free Equity Transferor Amount is less than the Minimum Free Equity Specified Transferor Amount after giving effect to all transfers and deposits on that Transfer Date, the Issuer Transferor shall, on that Transfer Date, deposit into the Principal Account funds in an amount equal to the amounts of Available Non-Principal Finance Charge Collections that are required to be treated as Available Principal Collections pursuant to Section 4.4(a)(viSECTION 4.4(a)(v) and (viivi) but are not available from funds in the Non-Principal Finance Charge Account as a result of the operation of the second preceding proviso.