Common use of Reductions of the Commitments Clause in Contracts

Reductions of the Commitments. (a) On any Distribution Date during a Series 2000-1 Revolving Period, the Company, on behalf of the Trust, may, upon three Business Days' prior 25 30 written notice (effective upon receipt), reduce or terminate the Commitments (a "Commitment Reduction") in an aggregate amount equal to $5,000,000 or a whole multiple of $5,000,000 in excess thereof or terminate the Commitments in their entirety; provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 2000-1 Invested Amount (calculated without regard to clauses (d) and (e) of the definition of Series 2000-1 Purchaser Invested Amount) on such date, the Series 2000-1 Invested Amount would exceed the Aggregate Commitment Amount then in effect. Each Purchaser's Commitment shall be reduced by such Purchaser's Commitment Percentage of the amount of such Commitment Reduction. (b) Once reduced, the portion of the Aggregate Commitment Amount so reduced may not be subsequently reinstated. Upon effectiveness of any such reduction, the Agent shall prepare a revised Schedule 1 to this Supplement to reflect the reduced Commitment of each Purchaser and the existing Schedule 1 to this Supplement shall be deemed to be automatically superseded by such revised Schedule 1. The Agent shall distribute such revised Schedule 1 to the Company, the Master Servicer, each Servicer, the Trustee and each Purchaser. Concurrently therewith, the Commitments of the Liquidity Banks shall be reduced and the Agent shall distribute a revised Annex I to the Liquidity Agreement to the Company, the Master Servicer, each Servicer and each Liquidity Banks.

Reductions of the Commitments. (a) On any Distribution Date Business Day during a the Series 20001998-1 Revolving Period, the Company, on behalf of the Trust, may, upon three Business Days' prior 25 30 written notice to the Funding Agent (effective upon receipt), ) (with copies to the Servicer and the Trustee) reduce or terminate the Commitments (a "Commitment ReductionCOMMITMENT REDUCTION") in an a minimum aggregate amount equal to $5,000,000 or a whole multiple of $5,000,000 1,000,000 in excess thereof or terminate the Commitments in their entiretythereof; provided PROVIDED that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 20001998-1 Invested Amount (calculated without regard to clauses (d) and (e) of the definition of Series 2000-1 Purchaser Invested Amount) on such date, the Series 20001998-1 Invested Amount would exceed the Aggregate Commitment Amount then in effect. Each PurchaserAPA Bank's Commitment shall be reduced by such PurchaserAPA Bank's Commitment Percentage of the amount of such Commitment Reduction. (b) On any day subsequent to the APA Bank Purchase Date, if an Early Amortization Period has commenced, the Aggregate Commitment Amount shall be reduced to the Series 1998-1 Invested Amount. Each APA Bank's commitment shall be reduced by such APA Banks Commitment Percent of the amount of such reduction. (c) Once reduced, the portion of the Aggregate Commitment Amount so reduced Commitments may not be subsequently reinstated. Upon effectiveness of any such reduction, the Funding Agent shall prepare a revised Schedule 1 to this Supplement to reflect the reduced Commitment of each Purchaser APA Bank and the existing Schedule 1 to of this Supplement shall be deemed to be automatically superseded by such revised Schedule 1. The Funding Agent shall distribute such revised Schedule 1 to the Company, the Master Servicer, each Servicer, the Trustee and each Purchaser. Concurrently therewith, the Commitments of the Liquidity Banks shall be reduced and the Agent shall distribute a revised Annex I to the Liquidity Agreement to the Company, the Master Servicer, each Servicer and each Liquidity BanksAPA Bank.

Reductions of the Commitments. (a) On any Distribution Date Business Day during a the Series 20001998-1 Revolving Period, the Company, on behalf of the Trust, may, upon three Business Days' prior 25 30 written notice to the Funding Agent (effective upon receipt), ) (with copies to the Servicer and the Trustee) reduce or terminate the Commitments (a "Commitment Reduction") in an aggregate amount equal to $5,000,000 or a whole multiple of $5,000,000 1,000,000 in excess thereof or terminate the Commitments in their entiretythereof; provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 20001998-1 Invested Amount (calculated without regard to clauses (d) and (e) of the definition of Series 2000-1 Purchaser Invested Amount) on such date, the Series 20001998-1 Invested Amount would exceed the Aggregate Commitment Amount then in effect. Each PurchaserAPA Banks's Commitment shall be reduced by such PurchaserAPA Bank's Commitment Percentage of the amount of such Commitment Reduction. (b) On any Business Day subsequent to the APA Bank Purchase Date, if an Early Amortization Period has commenced, the Aggregate Commitment Amount shall be reduced to the Series 1998-1 Invested Amount. Each APA Bank's Commitment shall be reduced by an amount equal to such APA Bank's Commitment Percentage times the amount of such reduction. (c) Once reduced, the portion of the Aggregate Commitment Amount so reduced Commitments may not be subsequently reinstated. Upon effectiveness of any such reduction, the Funding Agent shall prepare a revised Schedule 1 to this Supplement to reflect the reduced Commitment of each Purchaser APA Bank and the existing Schedule 1 to of this Supplement shall be deemed to be automatically superseded by such revised Schedule 1. The Funding Agent shall distribute such revised Schedule 1 to the Company, the Master Servicer, each Servicer, the Trustee and each Purchaser. Concurrently therewith, the Commitments of the Liquidity Banks shall be reduced and the Agent shall distribute a revised Annex I to the Liquidity Agreement to the Company, the Master Servicer, each Servicer and each Liquidity BanksAPA Bank.

Reductions of the Commitments. (a) On any Distribution Date Business Day during a the Series 20001998-1 Revolving Period, the Company, on behalf of the Trust, may, upon three Business Days' Days prior 25 30 written notice to the Funding Agent (effective upon receipt), ) (with copies to the Servicer and the Trustee) reduce or terminate the Commitments (a "Commitment ReductionCOMMITMENT REDUCTION") in an a minimum aggregate amount equal to $5,000,000 or a whole multiple of $5,000,000 1,000,000 in excess thereof or terminate the Commitments in their entiretythereof; provided PROVIDED that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 20001998-1 Invested Amount (calculated without regard to clauses (d) and (e) of the definition of Series 2000-1 Purchaser Invested Amount) on such date, the Series 20001998-1 Invested Amount would exceed the Aggregate Commitment Maximum Invested Amount then in effect. Each PurchaserAPA Bank's Commitment shall be reduced by such PurchaserAPA Bank's Commitment Percentage Pro Rata Share of the amount of such Commitment Reduction. (b) If an Early Amortization Period has commenced, the Aggregate Commitment Amount shall be reduced to 102% of the Maximum Invested Amount, and the Maximum Invested Amount shall be reduced to the Series 1998-1 Invested Amount. Each APA Bank's commitment shall be reduced by such APA Bank's Pro Rata Share of the amount of such reduction. (c) Once reduced, the portion of the Aggregate Commitment Amount so reduced Commitments may not be subsequently reinstated. Upon effectiveness of any such reduction, the Funding Agent shall prepare a revised Schedule 1 to this Supplement to reflect the reduced Commitment of each Purchaser APA Bank and the existing Schedule 1 to of this Supplement shall be deemed to be automatically superseded by such revised Schedule 1. The Funding Agent shall distribute such revised Schedule 1 to the Company, the Master Servicer, each Servicer, the Trustee and each Purchaser. Concurrently therewith, the Commitments of the Liquidity Banks shall be reduced and the Agent shall distribute a revised Annex I to the Liquidity Agreement to the Company, the Master Servicer, each Servicer and each Liquidity BanksAPA Bank.

Reductions of the Commitments. (a) On ----------------------------- any Distribution Weekly Sale Date during a Series 2000-1 the Revolving Period, the CompanyServicer, on behalf of the Trust, may, upon three Business Working Days' prior 25 30 written notice to the Administrative Agent (effective upon receipt), ) reduce or terminate the Class A Commitments or the Class B Commitments (a "Commitment Reduction") in an aggregate amount equal to $5,000,000 or a whole multiple of $5,000,000 1,000,000 in excess thereof or terminate the Commitments in their entirety; thereof, provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Series 2000-1 Invested Aggregate Class A Principal Amount (calculated without regard to clauses (d) and (e) of the definition of Series 2000-1 Purchaser Invested Amount) Aggregate Class B Principal Amount on such date, the Series 2000-1 Invested Aggregate Class A Principal Amount would exceed the Aggregate Class A Commitment Amount then in effect or the Aggregate Class B Principal Amount would exceed the Aggregate Class B Commitment Amount then in effect. Each Purchaser's Commitment shall be reduced by such Purchaser's Class A Commitment Percentage or Class B Commitment Percentage, as applicable, of the amount of such Commitment Reduction. (b) Once reduced, the portion of the Aggregate Commitment Amount so reduced Commitments may not be subsequently reinstated. Upon effectiveness of any such reduction, the Administrative Agent shall prepare a revised Schedule 1 to this Supplement to reflect the reduced Commitment of each Purchaser and the existing Schedule 1 to of this Supplement shall be deemed to be automatically superseded by such revised Schedule 1. The Administrative Agent shall distribute such revised Schedule 1 to the CompanyTransferor, the Master Servicer, each Servicer, the Trustee and each Purchaser. Concurrently therewith, the Commitments of the Liquidity Banks shall be reduced and the Agent shall distribute a revised Annex I to the Liquidity Agreement to the Company, the Master Servicer, each Servicer and each Liquidity Banks.