Excess Interest Collections Clause Samples

Excess Interest Collections. On each Payment Date, Series 2018-4 will be allocated an amount equal to the product of (a) the aggregate amount of Excess Interest Collections for all Excess Interest Sharing Series in Excess Interest Sharing Group One for that Payment Date, times (b) a fraction with a numerator equal to the Interest Collections Shortfall for Series 2018-4 for that Payment Date and a denominator equal to the aggregate amount of Interest Collections Shortfalls for all Excess Interest Sharing Series in Excess Interest Sharing Group One for that Payment Date.

Excess Interest Collections. On each Payment Date, Series 20 - will be allocated an amount equal to the product of (a) the aggregate amount of Excess Interest Collections for all Excess Interest Sharing Series in Excess Interest Sharing Group One for that Payment Date, times (b) a fraction with a numerator equal to the Interest Collections Shortfall for Series 20 - for that Payment Date and a denominator equal to the aggregate amount of Interest Collections Shortfalls for all Excess Interest Sharing Series in Excess Interest Sharing Group One for that Payment Date.

Excess Interest Collections. On each Payment Date, Series 2012-5 will be allocated an amount equal to the product of (a) the aggregate amount of Excess Interest Collections for all Excess Interest Sharing Series in Excess Interest Sharing Group One for such Payment Date, times (b) a fraction, the numerator of which is the Interest Collections Shortfall for Series 2012-5 for such Payment Date and the denominator of which is the aggregate amount of Interest Collections Shortfalls for all Excess Interest Sharing Series in Excess Interest Sharing Group One for such Payment Date.

Excess Interest Collections. Any amounts remaining in the Collection Account to the extent of any Series Available Interest Collections remaining after giving effect to the withdrawals pursuant to subsection 4.9(a)(i) through (xiii), shall be treated as Excess Interest Collections, and the Servicer shall direct the Trustee in writing on each Business Day to withdraw such amounts from the Collection Account and to first make such amounts available to pay to Certificateholders of other Series to the extent of shortfalls, if any, in amounts payable to such certificateholders from Interest Collections allocated to such other Series, then to pay any unpaid commercially reasonable costs and expenses of a Successor Servicer, if any, and then pay any remaining Excess Interest Collections to the Transferor.

Excess Interest Collections. Any amounts remaining in the Collection Account to the extent of any Series Available Interest Collections remaining after giving effect to the withdrawals pursuant to subsection 4.9(a)(i) through (xi), shall be treated as Excess Interest Collections, and the Servicer shall direct the Trustee in writing on each Business Day to withdraw such amounts from the Collection Account and to first make such amounts available to pay to Certificateholders of other Series to the extent of shortfalls, if any, in amounts payable to such certificateholders from Interest Collections allocated to such other Series, then to pay any unpaid commercially reasonable costs and expenses of a Successor Servicer, if any, and then pay any remaining Excess Interest Collections to the Transferor.

Excess Interest Collections. Any remaining Available Certificateholder Interest Collections shall be treated as Excess Interest Collections, and applied pursuant to Section 4.03(f) of the Agreement. If Available Certificateholder Interest Collections are not sufficient to satisfy each of the applications described in clauses (i) through (vii) above on any Transfer Date, then Excess Interest Collections from other Series allocable to Series 1997-1 will be applied as Available Certificateholder Interest Collections in the priority and the manner described in clauses (i) through (vii) above. If Excess Interest Collections are less than the shortfalls for all Series that provide for allocations of Excess Interest Collections, such Excess Interest Collections shall be allocable to shortfalls for Series 1997-1 and any other Series that so provides pro rata based on the relative amounts of each Series' shortfall.

Excess Interest Collections. (a) On each Transfer Date, commencing with the initial Transfer Date, the amounts, if any, received on such Transfer Date by the Master Trust Trustee from the Indenture Trustee which are designated as Excess Interest Collections pursuant to the Indenture shall be treated as Excess Interest Collections by the Master Trust Trustee and allocated (i) to other Series to the extent such Series provides for the use of Excess Interest Collections and (ii) to the Seller or the holders of the Seller's Certificates. (b) On each Transfer Date following the Closing Date, the Master Trust Trustee shall, to the extent provided in the Agreement, transfer to the Indenture Trustee Excess Interest Collections, if any, in respect of such Transfer Date equal to the aggregate amount of Series Available Interest Amounts Shortfalls for each series of Notes. If the aggregate amount of Excess Interest Collections for all Series for such Transfer Date is less than the aggregate amount of finance charge shortfalls for all Series entitled to share Excess Interest Collections for such Transfer Date, the amount of Excess Interest Collections for the Collateral Certificate for such Transfer Date shall equal the product of (x) Excess Interest Collections for all Series for such Transfer Date and (y) a fraction, the numerator of which is the aggregate amount of Series Available Interest Amounts Shortfalls for each series of Notes for such Transfer Date and the denominator of which is the aggregate amount of finance charge shortfalls for all Series entitled to share Excess Interest Collections for such Transfer Date.

Excess Interest Collections. Subject to Section 8.05(b) of the Indenture, Excess Interest Collections with respect to the Excess Interest Sharing Series in Excess Interest Sharing Group One for any Distribution Date will be allocated to Series 2004-1 in an amount equal to the product of (i) the aggregate amount of Excess Interest Collections with respect to all the Excess Interest Sharing Series in

Excess Interest Collections. Subject to Section 8.05(b) of the Indenture, Excess Interest Collections with respect to the Excess Interest Sharing Series in Excess Interest Sharing Group One for any Distribution Date shall be allocated to Series 2014-5 in an amount equal to the product of (i) the aggregate amount of Excess Interest Collections with respect to all the Excess Interest Sharing Series in Excess Interest Sharing Group One for such Distribution Date and (ii) a fraction, the numerator of which is the Interest Collections Shortfall for Series 2014-5 for such Distribution Date and the denominator of which is the aggregate amount of Interest Collections Shortfalls for all the Excess Interest Sharing Series in Excess Interest Sharing Group One for such Distribution Date. The “Interest Collections Shortfall” for Series 2014-5 for any Distribution Date shall equal the excess, if any, of (a) the full amount required to be paid, without duplication, pursuant to clauses (i) through (xii) of Section 4.04(a) on such Distribution Date, over (b) the Available Series Interest Collections for such Distribution Date. The maximum amount of “