Common use of Principal allocations Clause in Contracts

Principal allocations. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2005-2 Collection Account and, if applicable, the Series 2005-2 Excess Collection Account pursuant to Section 2.5(a) of this Series Supplement or amounts are deposited in the Series 2005-2 Distribution Account pursuant to Section 2.2(g), 2.5(b) or 2.5(c) of this Series Supplement, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, (x) pay to each Class A-1 Noteholder or Class A-2 Noteholder, as applicable, on a pro rata basis from the Series 2005-2 Distribution Account the amount deposited therein pursuant to Section 2.2(g), 2.5(a), 2.5(b) or 2.5(c) of this Series Supplement, to the extent necessary to pay the Class A-1/A-2 Controlled Amortization Amount during the Class A-1/A-2 Controlled Amortization Period or to the extent necessary to pay the Class A-1 Invested Amount and the Class A-2 Invested Amount during the Series 2005-2 Rapid Amortization Period or on the Class A-1/A-2 Final Distribution Date, (y) pay to each Class A-3 Noteholder from the Series 2005-2 Distribution Account the amount deposited therein pursuant to Section

Principal allocations. On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2005-2 1 Collection Account and, if applicable, the Series 2005-2 1 Excess Collection Account pursuant to Section 2.5(a) of this Series Supplement or amounts are deposited in the Series 2005-2 1 Distribution Account pursuant to Section 2.2(g), 2.5(b) or 2.5(c) of this Series Supplement, the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, (xy) pay to each Class A-1 Noteholder or Class A-2 Noteholder, as applicable, on a pro rata basis from the Series 2005-2 1 Distribution Account the amount deposited therein pursuant to Section 2.2(g), 2.5(a), 2.5(b) or 2.5(c) of this Series Supplement, to the extent necessary to pay the Class A-1/A-2 Controlled Amortization Amount during the Class A-1/A-2 Controlled Amortization Period or to the extent necessary to pay the Class A-1 Invested Amount and the Class A-2 Invested Amount during the Series 2005-2 1 Rapid Amortization Period or on the Class A-1/A-2 Final Distribution Date, Date and (yz) pay to each Class A-3 Noteholder or Class A-4 Noteholder, as applicable, on a pro rata basis from the Series 2005-2 1 Distribution Account the amount deposited therein pursuant to SectionSection 2.2(g), 2.5(a), 2.5(b) or 2.5(c) of this Series Supplement, to the extent necessary to pay the Class A-3/A-4 Controlled Amortization Amount during the Class A-3/A-4 Controlled Amortization Period or to the extent necessary to pay the Class A-3 Invested Amount and the Class A-4 Invested Amount during the Series 2005-1 Rapid Amortization Period or on the Class A-3/A-4 Final Distribution Date.