Common use of Adjustment Payment Shortfalls Clause in Contracts

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series 1997-1 Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (v) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1997-1 Finance Charge Collections and (y) an amount equal to the Series Allocation Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agree- ment, such amount, (i) during the Revolving Period, to be treated as Shared Principal Collections, and (ii) during the Amortization Period, to be treated as Available Investor Principal Collections. (vii) Reimbursement of Class A Investor Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Ac- count, to the extent of any Available Series 1997-1 Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (vi) of the Agreement, an amount equal to the lesser of (x) any such remaining Avail- able Series 1997-1 Finance Charge Collections and (y) the unreimbursed Class A Investor Charge-Offs, if any, will be applied to reimburse Class A Inves- tor Charge-Offs, such amount during the Revolving Period, to be treated as Shared Principal Collec- tions, and during the Amortization Period, to be treated as Available Investor Principal Collections.

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, apply to the extent of any Available Series 19971998-1 2 Finance Charge Collections remaining after giving effect to the withdrawals applications pursuant to subsections 4.9(a)(i) through (v) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 19971998-1 2 Finance Charge Collections and (y) an amount equal to the Series Allocation 1998-2 Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agree- mentAgreement on such Business Day and on each previous Business Day during such Monthly Period less any amounts previously withdrawn pursuant to this subsection 4.9(a)(vi) on account of such unpaid Adjustment Payments, such amount, amount to be (i) treated as Shared Principal Collections during the Revolving Period, to be treated as Shared Principal Collections, and (ii) treated as Available Series 1998-2 Principal Collections during the Amortization Period, to be treated as Available Investor Principal Collections. (vii) Reimbursement of Class A Investor Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Ac- count, apply to the extent of any Available Series 19971998-1 2 Finance Charge Collections remaining after giving effect to the withdrawals applications pursuant to subsections 4.9(a)(i) through (vi) of the Agreement, an amount equal to the lesser of (x) any such remaining Avail- able Available Series 19971998-1 2 Finance Charge Collections and (y) the unreimbursed Class A Investor Charge-Offs, if any, will be applied in order to reimburse Class A Inves- tor Charge-Offs, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, to be and (B) treated as Shared Available Series 1998-2 Principal Collec- tions, and Collections during the Amortization Period, to be treated as Available Investor Principal Collections.

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, apply to the extent of any Available Series 19971998-1 Finance Charge Collections remaining after giving effect to the withdrawals applications pursuant to subsections 4.9(a)(i) through (v) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 19971998-1 Finance Charge Collections and (y) an amount equal to the Series Allocation 1998-1 Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agree- mentAgreement on such Business Day and on each previous Business Day during such Monthly Period less any amounts previously withdrawn pursuant to this subsection 4.9(a)(vi) on account of such unpaid Adjustment Payments, such amount, amount to be (i) treated as Shared Principal Collections during the Revolving Period, to be treated as Shared Principal Collections, and (ii) treated as Available Series 1998-1 Principal Collections during the Amortization Period, to be treated as Available Investor Principal Collections. (vii) Reimbursement of Class A Investor Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Ac- count, apply to the extent of any Available Series 19971998-1 Finance Charge Collections remaining after giving effect to the withdrawals applications pursuant to subsections 4.9(a)(i) through (vi) of the Agreement, an amount equal to the lesser of (x) any such remaining Avail- able Available Series 19971998-1 Finance Charge Collections and (y) the unreimbursed Class A Investor Charge-Offs, if any, will be applied in order to reimburse Class A Inves- tor Charge-Offs, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, to be and (B) treated as Shared Available Series 1998-1 Principal Collec- tions, and Collections during the Amortization Period, to be treated as Available Investor Principal Collections.

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw first from the Cap Proceeds Account to the extent of the remaining Cap Receipt Amount and then from the Collection Account and then from the Payment Reserve Account and then, on each Reserve Application Date, from the Investor Reserve Account, to the extent of any Available Series 19971995-1 Finance Charge Collections Collec- tions remaining after giving effect to the withdrawals withdraw- als pursuant to subsections 4.9(a)(i) through (v) of the Agreementvi), an amount equal to the lesser of (x) any such remaining re- maining Available Series 19971995-1 Finance Charge Collections and (y) an amount equal to the Series Allocation Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agree- mentAgreement, such amount, (i) during the Revolving Period (except for any portion of the Revolving Period during a Class A Paydown Period), to be treated as Shared Principal Collections, and (ii) during the Amortization Period, to be treated as Available Investor Principal Collections. (vii) Reimbursement of Period or the Class A Investor Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Ac- count, Pay Down Period on and prior to the extent of any Available Series 1997-1 Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (vi) of the Agreement, day on which an amount equal to the lesser of (x) any such remaining Avail- able Series 1997-1 Finance Charge Collections and (y) the unreimbursed Class A Investor Charge-Offs, if any, will be applied to reimburse Class A Inves- tor Charge-Offs, such amount during Invested Amount is deposited in the Revolving PeriodPrincipal Account, to be treated as Shared deposited in the Principal Collec- tionsAccount for distribution to the Class A Certificateholder on the next Distri- bution Date, and (iii) during the Amortization Period, on and after the day on which such deposit to the Principal Account with respect to the Class A In- vested Amount has been made and on and prior to the day on which an amount equal to the Class B Invested Amount is deposited in the Principal Account for payment to the Class B Certificateholders on the next Distribution Date, (iv) during the Amortization Period on and after the day on which such deposit to the Principal Account with respect to the Class B Invested Amount has been made on and prior to the day on which an amount equal to the Class C Invested Amount is deposited in the Principal Account, to be treated as Available Investor deposited in the Principal CollectionsAccount for payment to the Class C Certificateholders on the next Distribu- tion Date and (v) on and after the day such deposit to the Principal Account with respect to Class C Invested Amount has been made, to be paid to the Class D Certificateholders.

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw first from the Cap Proceeds Account to the extent of the remaining Cap Receipt Amount and then from the Collection Account and then from the Payment Reserve Account, to the extent of any Available Series 19971998-1 Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (v) of the Agreement), an amount equal to the lesser of (x) any such remaining Available Series 19971998-1 Finance Charge Collections and (y) an amount equal to the Series Allocation 1998-1 Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agree- mentAgreement, such amount, (i) during the Revolving Period (except for any portion of the Revolving Period during a Class A Paydown Period), to be treated as Shared Principal Collections, and (ii) during the Amortization Period, to be treated as Available Investor Principal Collections. (vii) Reimbursement of Period or the Class A Investor Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Ac- count, Pay Down Period on and prior to the extent of any Available Series 1997-1 Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (vi) of the Agreement, day on which an amount equal to the lesser of (x) any such remaining Avail- able Series 1997-1 Finance Charge Collections and (y) the unreimbursed Class A Investor Charge-Offs, if any, will be applied to reimburse Class A Inves- tor Charge-Offs, such amount during Invested Amount is deposited in the Revolving PeriodPrincipal Account, to be treated as Shared deposited in the Principal Collec- tionsAccount for distribution to the Class A Securityholder on the next Distribution Date, and (iii) during the Amortization Period, on and after the day on which such deposit to the Principal Account with respect to the Class A Invested Amount has been made and on and prior to the day on which an amount equal to the Class B Invested Amount is deposited in the Principal Account for payment to the Class B Securityholders on the next Distribution Date, (iv) during the Amortization Period on and after the day on which such deposit to the Principal Account with respect to the Class B Invested Amount has been made on and prior to the day on which an amount equal to the CTO Invested Amount is deposited in the Principal Account, to be treated as Available Investor deposited in the Principal CollectionsAccount for payment to the CTO Securityholders on the next Distribution Date and (v) on and after the day such deposit to the Principal Account with respect to CTO Invested Amount has been made, to be paid to the Class D Securityholders.

Adjustment Payment Shortfalls. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series 1997-1 Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (v) of the Agreementapply, an amount equal to the lesser of (x) any such remaining Available Series 19971998-1 3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (v) and (y) an amount equal to the Series Allocation 1998- 3 Percentage of any Adjustment Payment which the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agree- mentAgreement, such amount, (iA) during the Revolving Period, to be treated as Shared Principal Collections, Collections during the Revolving Period and (iiB) during the Amortization Period, to be treated as Available Investor Series 1998-3 Principal CollectionsCollections during the Amortization Period. (vii) Reimbursement of Class A Investor Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Ac- count, to the extent of any Available Series 1997-1 Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (vi) of the Agreementapply, an amount equal to the lesser of (x) any such remaining Avail- able Available Series 19971998-1 3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (vi) and (y) the unreimbursed Class A Investor Charge-Offs, if any, ; such amount will be applied to reimburse Class A Inves- tor Charge-Offs, such amount and will be treated as Shared Principal Collections during the Revolving Period, and will be treated as Available Series 1998-3 Principal Collections during the Amortization Period. Reimbursement of Class B Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply, an amount equal to the lesser of (x) any Available Series 1998-3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (vii) and (y) the unreimbursed amount by which the Class B Invested Amount has been reduced on prior Business Days pursuant to clauses (c) and (d) of the definition of Class B Invested Amount, if any, such amount, (i) to be treated as Shared Principal Collec- tionsCollections during the Revolving Period, and during the Amortization Period, (ii) to be treated as Available Investor Series 1998- 3 Principal CollectionsCollections during the Amortization Period. Reimbursement of Class C Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply, an amount equal to the lesser of (x) the sum of (A) any Available Series 1998-3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (viii) and (B) any amounts on deposit in the Class C Reserve Account to the extent of the aggregate amount of Class C Charge-Offs resulting from unpaid Adjustment Payments, if any, and (y) the unreimbursed amount by which the Class C Invested Amount has been reduced on prior Business Days pursuant to clauses (c) and (d) of the definition of Class C Invested Amount, if any, such amount, (i) to be treated as Shared Principal Collections during the Revolving Period, and (ii) to be treated as Available Series 1998- 3 Principal Collections during the Amortization Period. Reimbursement of Class D Charge-Offs. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall apply an amount equal to the lesser of (x) any Available Series 1998-3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (ix) and (y) the unreimbursed amount by which the Class D Invested Amount has been reduced on prior Business Days pursuant to clauses (d) and (e) of the definition of Class D Invested Amount, if any, such amount (A) to be treated as Shared Principal Collections during the Revolving Period and (B) to be treated as Available Series 1998-3 Principal Collections during the Amortization Period.