Common use of Determination of Principal Amounts Clause in Contracts

Determination of Principal Amounts. (a) The amount of principal (the "Class A Principal") distributable from the Distribution Account with respect to the Class A Securities for each Distribution Date with respect to the Amortization Period shall be equal to the Available Series 1998-2 Principal Collections on deposit in the Principal Account with respect to the related Monthly Period; provided, however, that with respect to any Distribution Date during the

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Fingerhut Receivables Inc)

Determination of Principal Amounts. (a) The amount of principal (the "Class A Principal") distributable from the Distribution Account with respect to the Class A Securities for each Distribution Date with respect to the Amortization Period shall be equal to the Available Series 1998-2 1 Principal Collections on deposit in the Principal Account with respect to the related Monthly Period; providedPROVIDED, howeverHOWEVER, that with respect to any Distribution Date during the

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Fingerhut Receivables Inc)