Common use of Excess Available Interest Amounts Sharing Clause in Contracts

Excess Available Interest Amounts Sharing. The Issuer shall reallocate and redistribute certain excess Available Interest Amounts to cover Series Available Interest Amount Shortfalls incurred by other Series as specified in the related Indenture Supplements.

Appears in 2 contracts

Sources: Indenture (CNH Wholesale Receivables Inc), Indenture (CNH Wholesale Receivables Inc)