Common use of Distributions of Principal Clause in Contracts

Distributions of Principal. (i) In the event that any First Priority Principal Payment, Second Priority Principal Payment, Third Priority Principal Payment or Regular Priority Principal Payment is required to be made on any Payment Date prior to the beginning of the Amortization Period pursuant to Section 8.2(c), such amounts will be deposited pursuant to such applicable clauses on such Payment Date into the Principal Funding Account, to the extent of Series 2022-6 Available Funds. Amounts, if any, on deposit in the Principal Funding Account shall remain on deposit therein, except to be applied as follows: (A) in the event that, immediately following distributions on any Payment Date (a) the Revolving Period is in effect and (b) the Series 2022-6 Allocated Pool Balance exceeds the Adjusted Series Invested Amount for Series 2022-6, the amount of such excess (to the extent on deposit in the Principal Funding Account) will be withdrawn from the Principal Funding Account and remitted to the Distribution Account on the immediately succeeding Payment Date to be included as Series 2022-6 Available Funds on such immediately succeeding Payment Date;

Distributions of Principal. (i) In the event that any First Priority Principal Payment, Second Priority Principal Payment, Third Priority Principal Payment or Regular Priority Principal Payment is required to be made on any Payment Date prior to the beginning of the Amortization Period pursuant to Section 8.2(c), such amounts will be deposited pursuant to such applicable clauses on such Payment Date into the Principal Funding Account, to the extent of Series 20222025-6 2 Available Funds. Amounts, if any, on deposit in the Principal Funding Account shall remain on deposit therein, except to be applied as follows: (A) in the event that, immediately following distributions on any Payment Date (a) the Revolving Period is in effect and (b) the Series 20222025-6 2 Allocated Pool Balance exceeds the Adjusted Series Invested Amount for Series 20222025-62, the amount of such excess (to the extent on deposit in the Principal Funding Account) will be withdrawn from the Principal Funding Account and remitted to the Distribution Account on the immediately succeeding Payment Date to be included as Series 20222025-6 2 Available Funds on such immediately succeeding Payment Date;; 52 (B) in connection with any Optional Redemption, amounts on deposit in the Principal Funding Account may be withdrawn and applied to pay any amounts due in connection therewith; or

Distributions of Principal. (i) In the event that any First Priority Principal Payment, Second Priority Principal Payment, Third Priority Principal Payment or Regular Priority Principal Payment is required to be made on any Payment Date prior to the beginning of the Amortization Period pursuant to Section 8.2(c), such amounts will be deposited pursuant to such applicable clauses on such Payment Date into the Principal Funding Account, to the extent of Series 20222024-6 5 Available Funds. Amounts, if any, on deposit in the Principal Funding Account shall remain on deposit therein, except to be applied as follows: (A) in the event that, immediately following distributions on any Payment Date (a) the Revolving Period is in effect and (b) the Series 20222024-6 5 Allocated Pool Balance exceeds the Adjusted Series Invested Amount for Series 20222024-65, the amount of such excess (to the extent on deposit in the Principal Funding Account) will be withdrawn from the Principal Funding Account and remitted to the Distribution Account on the immediately succeeding Payment Date to be included as Series 20222024-6 5 Available Funds on such immediately succeeding Payment Date;; 52 (B) in connection with any Optional Redemption, amounts on deposit in the Principal Funding Account may be withdrawn and applied to pay any amounts due in connection therewith; or

Distributions of Principal. (i) In the event that any First Priority Principal Payment, Second Priority Principal Payment, Third Priority Principal Payment or Regular Priority Principal Payment is required to be made on any Payment Date prior to the beginning of the Amortization Period pursuant to Section 8.2(c), such amounts will be deposited pursuant to such applicable clauses on such Payment Date into the Principal Funding Account, to the extent of Series 2022-6 5 Available Funds. Amounts, if any, on deposit in the Principal Funding Account shall remain on deposit therein, except to be applied as follows: : (A) in the event that, immediately following distributions on any Payment Date (a) the Revolving Period is in effect and (b) the Series 2022-6 5 Allocated Pool Balance exceeds the Adjusted Series Invested Amount for Series 2022-65, the amount of such excess (to the extent on deposit in the Principal Funding Account) will be withdrawn from the Principal Funding Account and remitted to the Distribution Account on the immediately succeeding Payment 58 Date to be included as Series 2022-6 5 Available Funds on such immediately succeeding Payment Date;