Common use of Allocation of Seller’s Share of Collections Prior to Termination Date Clause in Contracts

Allocation of Seller’s Share of Collections Prior to Termination Date. If such day is not a Termination Day, the Servicer shall allocate out of the Seller’s Share of Collections and pay or otherwise deposit into the Cash Reserve Account as set forth below the following amounts in the following order: (1) first, to the Servicer any accrued and unpaid Servicing Fees; (2) second, deposit into the Cash Reserve Account an amount up to the excess of the Cash Reserve over the amount on deposit in the Cash Reserve Account; and (3) third, (i) to the extent any Enhancement Build Trigger is in effect, then either, as specified by the Seller or Servicer, (x) to be retained in the Deposit Accounts or Liquidation Account until the following Business Day for distribution pursuant to this Section 1.4(b) or Section 1.4(e), as applicable, on such following Business Day, (y) to be distributed to repay the Investment of the Participation of the Purchasers pursuant to Section 1.4(f) or (z) to the Seller to acquire Eligible Receivables under the Purchase and Sale Agreement (provided that portion of the purchase price paid in cash by the Seller for such Eligible Receivables shall not exceed [**] of the par amount of such Receivables) or (ii) if no Enhancement Build Trigger is in effect, to the Seller.