Common use of Group I Collections Allocation Clause in Contracts

Group I Collections Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 2018-1 Deposit Date, HVF II shall direct the Trustee in writing to apply, and, on such Series 2018-1 Deposit Date, the Trustee shall apply, all amounts deposited into the Group I Collection Account on such date as follows: (a) first, withdraw the Series 2018-1 Daily Interest Allocation, if any, for such date from the Group I Collection Account and deposit such amount in the Series 2018-1 Interest Collection Account; and (b) second, withdraw the Series 2018-1 Daily Principal Allocation, if any, for such date from the Group I Collection Account and deposit such amount into the Series 2018-1 Principal Collection Account.

Group I Collections Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20182016-1 2 Deposit Date, HVF II shall direct the Trustee in writing to apply, and, on such Series 20182016-1 2 Deposit Date, the Trustee shall apply, all amounts deposited into the Group I Collection Account on such date as follows: (a) first, withdraw the Series 20182016-1 2 Daily Interest Allocation, if any, for such date from the Group I Collection Account and deposit such amount in the Series 20182016-1 2 Interest Collection Account; and (b) second, withdraw the Series 20182016-1 2 Daily Principal Allocation, if any, for such date from the Group I Collection Account and deposit such amount into the Series 20182016-1 2 Principal Collection Account.

Group I Collections Allocation. Subject to the Past Due Rental Payments Priorities, on each Series 20182016-1 Deposit Date, HVF II shall direct the Trustee in writing to apply, and, on such Series 20182016-1 Deposit Date, the Trustee shall apply, all amounts deposited into the Group I Collection Account on such date as follows: (a) first, withdraw the Series 20182016-1 Daily Interest Allocation, if any, for such date from the Group I Collection Account and deposit such amount in the Series 20182016-1 Interest Collection Account; and (b) second, withdraw the Series 20182016-1 Daily Principal Allocation, if any, for such date from the Group I Collection Account and deposit such amount into the Series 20182016-1 Principal Collection Account.