Common use of Excess Principal Collections Clause in Contracts

Excess Principal Collections. The Servicer will allocate Series 2003-VFN-A Excess Principal Collections and treat as Available Investor Principal Collections an amount equal to the Series 2003-VFN-A Principal Shortfall, to the extent available. In the event there is no Series 2003-VFN-A Principal Shortfall, Series 2003-VFN-A Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture Supplement (Wodfi LLC)

Excess Principal Collections. The Servicer will allocate Series 20032000-VFN-A VFN Excess Principal Collections and treat as Available Investor Principal Collections an amount equal to the Series 20032000-VFN-A VFN Principal Shortfall, to the extent available. In the event there is no Series 20032000-VFN-A VFN Principal Shortfall, Series 20032000-VFN-A VFN Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (Wodfi LLC)

Excess Principal Collections. The Servicer will allocate ---------------------------- Series 20032001-VFN-A 1 Excess Principal Collections and treat as Available Investor Noteholder Principal Collections an amount equal to the Series 20032001-VFN-A 1 Principal Shortfall, to the extent available. In the event there is no Series 20032001-VFN-A 1 Principal Shortfall, Series 2003-VFN-A Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (Wodfi LLC)

Excess Principal Collections. The Servicer will allocate Series 20032000-VFN-A 1 Excess Principal Collections and treat as Available Investor Noteholder Principal Collections an amount equal to the Series 20032000-VFN-A 1 Principal Shortfall, to the extent available. In the event there is no Series 20032000-VFN-A 1 Principal Shortfall, Series 2003-VFN-A Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (Wodfi LLC)

Excess Principal Collections. The Servicer will allocate Series 2003-VFN-A B Excess Principal Collections and treat as Available Investor Principal Collections an amount equal to the Series 2003-VFN-A B Principal Shortfall, to the extent available. In the event there is no Series 2003-VFN-A B Principal Shortfall, Series 2003-VFN-A B Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (Wodfi LLC)

Excess Principal Collections. The Servicer will allocate Series 20032004-VFN-A 1 Excess Principal Collections and treat as Available Investor Noteholder Principal Collections an amount equal to the Series 20032004-VFN-A 1 Principal Shortfall, to the extent available. In the event there is no Series 20032004-VFN-A 1 Principal Shortfall, Series 2003-VFN-A Excess Principal Collections will be allocated and distributed in accordance with Section 4.4 of the Trust Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (Wodfi LLC)