Common use of Rights of Securityholders Clause in Contracts

Rights of Securityholders. The Series 2001-4 Securities shall represent undivided interests in the Trust, including the right to receive, to the extent necessary to make the required payments with respect to such Series 2001-4 Securities at the times and in the amounts specified in this Agreement, (a) the Floating Percentage and the Fixed/Floating Percentage (as applicable from time to time) of Collections (including Finance Charge Collections) available in the Collection Account, (b) funds allocable to the Series 2001-4 Securities on deposit in the Excess Funding Account and (c) funds on deposit in the Interest Funding Account, the Principal Account, the Principal Funding Account, the Accumulation Period Reserve Account, the Distribution Account, the Cap Proceeds Account, the Payment Reserve Account, the Funding Period Reserve Account and the Pre-Funding Account (for such Series, the "Series 2001-4 Securityholders' Interest"). The Class B Securities and the Excess Collateral shall be subordinated to the Class A Securities; and the Excess Collateral shall be subordinated to the Class B Securities. The Class B Securities will not have the right to receive payments of principal until the Class A Invested Amount has been paid in full. The Excess Collateral will not have the right to receive payments of principal until the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full.

Rights of Securityholders. The Series 20012000-4 1 Securities shall represent undivided interests in the Trust, including the right to receive, to the extent necessary to make the required payments with respect to such Series 20012000-4 1 Securities at the times and in the amounts specified in this Agreement, (a) the Floating Percentage and the Fixed/Floating Percentage (as applicable from time to time) of Collections (including Finance Charge Collections) available in the Collection Account, (b) funds allocable to the Series 20012000-4 1 Securities on deposit in the Excess Funding Account and (c) funds on deposit in the Interest Funding Account, the Principal Account, the Principal Funding Account, the Accumulation Period Reserve Account, the Distribution Account, the Cap Proceeds Account, Account and the Payment Reserve Account, the Funding Period Reserve Account and the Pre-Funding Account (for such Series, the "Series 20012000-4 1 Securityholders' Interest"). The Class B Securities and the Excess Collateral shall be subordinated to the Class A Securities; and the Excess Collateral shall be subordinated to the Class B Securities. The Class B Securities will not have the right to receive payments of principal until the Class A Invested Amount has been paid in full. The Excess Collateral will not have the right to receive payments of principal until the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full.

Rights of Securityholders. The Series 20012000-4 2 Securities shall represent undivided interests in the Trust, including the right to receive, to the extent necessary to make the required payments with respect to such Series 20012000-4 2 Securities at the times and in the amounts specified in this Agreement, (a) the Floating Percentage and the Fixed/Floating Percentage (as applicable from time to time) of Collections (including Finance Charge Collections) available in the Collection Account, (b) funds allocable to the Series 20012000-4 2 Securities on deposit in the Excess Funding Account and (c) funds on deposit in the Interest Funding Account, the Principal Account, the Principal Funding Account, the Accumulation Period Reserve Account, the Distribution Account, the Cap Proceeds Account, Account and the Payment Reserve Account, the Funding Period Reserve Account and the Pre-Funding Account (for such Series, the "Series 20012000-4 2 Securityholders' Interest"). The Class B Securities and the Excess Collateral shall be subordinated to the Class A Securities; and the Excess Collateral shall be subordinated to the Class B Securities. The Class B Securities will not have the right to receive payments of principal until the Class A Invested Amount has been paid in full. The Excess Collateral will not have the right to receive payments of principal until the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full.

Rights of Securityholders. The Series 2001-4 3 Securities shall represent undivided interests in the Trust, including the right to receive, to the extent necessary to make the required payments with respect to such Series 2001-4 3 Securities at the times and in the amounts specified in this Agreement, (a) the Floating Percentage and the Fixed/Floating Percentage (as applicable from time to time) of Collections (including Finance Charge Collections) available in the Collection Account, (b) funds allocable to the Series 2001-4 3 Securities on deposit in the Excess Funding Account and (c) funds on deposit in the Interest Funding Account, the Principal Account, the Principal Funding Account, the Accumulation Period Reserve Account, the Distribution Account, the Cap Proceeds Account, the Payment Reserve Account, the Funding Period Reserve Account and the Pre-Funding Account (for such Series, the "Series 2001-4 3 Securityholders' Interest"). The Class B Securities and the Excess Collateral shall be subordinated to the Class A Securities; and the Excess Collateral shall be subordinated to the Class B Securities. The Class B Securities will not have the right to receive payments of principal until the Class A Invested Amount has been paid in full. The Excess Collateral will not have the right to receive payments of principal until the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full.

Rights of Securityholders. The Series 20012000-4 3 Securities shall represent undivided interests in the Trust, including the right to receive, to the extent necessary to make the required payments with respect to such Series 20012000-4 3 Securities at the times and in the amounts specified in this Agreement, (a) the Floating Percentage and the Fixed/Floating Percentage (as applicable from time to time) of Collections (including Finance Charge Collections) available in the Collection Account, (b) funds allocable to the Series 20012000-4 3 Securities on deposit in the Excess Funding Account and (c) funds on deposit in the Interest Funding Account, the Principal Account, the Principal Funding Account, the Accumulation Period Reserve Account, the Distribution Account, the Cap Proceeds Account, the Payment Reserve Account, the Funding Period Reserve Account and the Pre-Funding Account (for such Series, the "Series 20012000-4 3 Securityholders' Interest"). The Class B Securities and the Excess Collateral shall be subordinated to the Class A Securities; and the Excess Collateral shall be subordinated to the Class B Securities. The Class B Securities will not have the right to receive payments of principal until the Class A Invested Amount has been paid in full. The Excess Collateral will not have the right to receive payments of principal until the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full.

Rights of Securityholders. The Series 2001[-4 ] Securities shall represent undivided interests in the Trust, including the right to receive, to the extent necessary to make the required payments with respect to such Series 2001[-4 ] Securities at the times and in the amounts specified in this Agreement, (a) the Floating Percentage and the Fixed/Floating Percentage (as applicable 15 20 from time to time) of Collections (including Finance Charge Collections) available in the Collection Account, (b) funds allocable to the Series 2001[-4 ] Securities on deposit in the Excess Funding Account and (c) funds on deposit in the Interest Funding Account, the Principal Account, the Principal Funding Account, the Accumulation Period Reserve Account, the Distribution Account, the Cap Proceeds Account, Account and the Payment Reserve Account, the Funding Period Reserve Account and the Pre-Funding Account (for such Series, the "Series 2001[-4 ] Securityholders' Interest"). The Class B Securities and the Excess Collateral shall be subordinated to the Class A Securities; and the Excess Collateral shall be subordinated to the Class B Securities. The Class B Securities will not have the right to receive payments of principal until the Class A Invested Amount has been paid in full. The Excess Collateral will not have the right to receive payments of principal until the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full.

Rights of Securityholders. The Series 2001-4 2 Securities shall represent undivided interests in the Trust, including the right to receive, to the extent necessary to make the required payments with respect to such Series 2001-4 2 Securities at the times and in the amounts specified in this Agreement, (a) the Floating Percentage and the Fixed/Floating Percentage (as applicable from time to time) of Collections (including Finance Charge Collections) available in the Collection Account, (b) funds allocable to the Series 2001-4 2 Securities on deposit in the Excess Funding Account and (c) funds on deposit in the Interest Funding Account, the Principal Account, the Principal Funding Account, the Accumulation Period Reserve Account, the Distribution Account, the Cap Proceeds Account, the Payment Reserve Account, the Funding Period Reserve Account and the Pre-Funding Account (for such Series, the "Series 2001-4 2 Securityholders' Interest"). The Class B Securities and the Excess Collateral shall be subordinated to the Class A Securities; and the Excess Collateral shall be subordinated to the Class B Securities. The Class B Securities will not have the right to receive payments of principal until the Class A Invested Amount has been paid in full. The Excess Collateral will not have the right to receive payments of principal until the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full.

Rights of Securityholders. The Series 2001-4 1 Securities shall represent undivided interests in the Trust, including the right to receive, to the extent necessary to make the required payments with respect to such Series 2001-4 1 Securities at the times and in the amounts specified in this Agreement, (a) the Floating Percentage and the Fixed/Floating Percentage (as applicable from time to time) of Collections (including Finance Charge Collections) available in the Collection Account, (b) funds allocable to the Series 2001-4 1 Securities on deposit in the Excess Funding Account and (c) funds on deposit in the Interest Funding Account, the Principal Account, the Principal Funding Account, the Accumulation Period Reserve Account, the Distribution Account, the Cap Proceeds Account, Account and the Payment Reserve Account, the Funding Period Reserve Account and the Pre-Funding Account (for such Series, the "Series 2001-4 1 Securityholders' Interest"). The Class B Securities and the Excess Collateral shall be subordinated to the Class A Securities; and the Excess Collateral shall be subordinated to the Class B Securities. The Class B Securities will not have the right to receive payments of principal until the Class A Invested Amount has been paid in full. The Excess Collateral will not have the right to receive payments of principal until the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full.