Common use of Deficiency Amounts Clause in Contracts

Deficiency Amounts. If the amounts described in Sections 2.03(b), (c), (d), (e) and (f) of this Series Supplement are insufficient to pay the Series 2004-1 Adjusted Monthly Interest for any Payment Date, payments of interest to the Series 2004-1 Noteholders will be reduced on a pro rata basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-1 Notes shall be referred to as the “Class A-1 Deficiency Amount”, the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-2 Notes shall be referred to as the “Class A-2 Deficiency Amount”, the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-3 Notes shall be referred to as the “Class A-3 Deficiency Amount” and the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-4 Notes shall be referred to as the “Class A-4 Deficiency Amount”. Interest shall accrue on the Deficiency Amount for each Class of Series 2004-1 Notes at the applicable Series 2004-1 Note Rate.

Deficiency Amounts. If the amounts described in Sections 2.03(b3.3(b), (c), (d), (e) and (f) of this Series Supplement are insufficient to pay (i) the Series 2004-1 Class A Adjusted Monthly Interest for any Payment Date, payments of interest to the Series 2004-1 Class A Noteholders will be reduced on a pro rata basis by the amount of such deficiency or (ii) the Class B Monthly Interest for any Payment Date, payments of interest to the Class B Noteholders will be reduced on a pro rata basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-1 A Notes shall be referred to as the “Class A-1 A Deficiency Amount”, the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-2 B-1 Notes shall be referred to as the “Class A-2 B-1 Deficiency Amount”, the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-3 Notes shall be referred to as the “Class A-3 Deficiency Amount” and the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-4 B-2 Notes shall be referred to as the “Class A-4 B-2 Deficiency Amount”. Interest shall accrue on the Deficiency Amount for each Class of Series 20042005-1 4 Notes at the applicable Series 20042005-1 4 Note Rate.

Deficiency Amounts. If the amounts described in Sections 2.03(b3.3(b), (c), (d), (e) and (f) of this Series Supplement are insufficient to pay (i) the Series 2004-1 Class A Adjusted Monthly Interest for any Payment Date, payments of interest to the Series 2004-1 Class A Noteholders will be reduced on a pro rata basis by the amount of such deficiency or (ii) the Class B Monthly Interest for any Payment Date, payments of interest to the Class B Noteholders will be reduced on a pro rata basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-1 Notes shall be referred to as the “Class A-1 Deficiency Amount”, the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-2 Notes shall be referred to as the “Class A-2 Deficiency Amount”, the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-3 B-1 Notes shall be referred to as the “Class A-3 B-1 Deficiency Amount”, the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class B-2 Notes shall be referred to as the “Class B-2 Deficiency Amount”, the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class B-3 Notes shall be referred to as the “Class B-3 Deficiency Amount” and the aggregate amount, if any, of such deficiency on any Payment Date allocable to the Class A-4 B-4 Notes shall be referred to as the “Class A-4 B-4 Deficiency Amount”. Interest shall accrue on the Deficiency Amount for each Class of Series 20042005-1 3 Notes at the applicable Series 20042005-1 3 Note Rate.