Common use of Allocations During the Early Amortization Period Clause in Contracts

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 2006-4 Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, shall be released to the Issuer.

Appears in 1 contract

Samples: Ge Dealer (CDF Funding, Inc.)

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Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062012-4 1 Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount amounts in excess thereof shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, deposited and retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, any remaining amounts shall be released to the Issuer.Issuerholders of the Transferor Interest. EXHIBIT A-9 Marked Pages of Series 2012-2 Indenture Supplement

Appears in 1 contract

Samples: Indenture (CDF Funding, Inc.)

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062009-4 1 Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount amounts in excess thereof shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, deposited and retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, any remaining amounts shall be released to the Issuer.Issuerholders of the Transferor Interest. EXHIBIT A-4 Marked Pages of Series 2009-2 Indenture Supplement

Appears in 1 contract

Samples: Indenture (CDF Funding, Inc.)

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062010-4 B Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount amounts in excess thereof shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, deposited and retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, any remaining amounts shall be released to the Issuer.Issuerholders of the Transferor Interest. EXHIBIT A-6 Marked Pages of Series 2011-1 Indenture Supplement

Appears in 1 contract

Samples: Indenture (CDF Funding, Inc.)

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062011-4 1 Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount amounts in excess thereof shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, deposited and retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, any remaining amounts shall be released to the Issuer.Issuerholders of the Transferor Interest. EXHIBIT A-7 Marked Pages of Series 2011-A Indenture Supplement

Appears in 1 contract

Samples: Indenture (CDF Funding, Inc.)

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 2006-4 2 Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 2 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, shall be released to the Issuer.

Appears in 1 contract

Samples: Ge Dealer (CDF Funding, Inc.)

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062009-4 2 Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount amounts in excess thereof shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, deposited and retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, any remaining amounts shall be released to the Issuer.Issuerholders of the Transferor Interest. EXHIBIT A-5 Marked Pages of Series 2010-B Indenture Supplement

Appears in 1 contract

Samples: Indenture (CDF Funding, Inc.)

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062009-4 B Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount amounts in excess thereof shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, deposited and retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, any remaining amounts shall be released to the Issuer.Issuerholders of the Transferor Interest. EXHIBIT A-3 Marked Pages of Series 2009-1 Indenture Supplement

Appears in 1 contract

Samples: Indenture (CDF Funding, Inc.)

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Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062012-4 2 Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount amounts in excess thereof shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, deposited and retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, any remaining amounts shall be released to the IssuerIssuerholders of the Transferor Interest.

Appears in 1 contract

Samples: Indenture (CDF Funding, Inc.)

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062008-4 A Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount amounts in excess thereof shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, deposited and retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, any remaining amounts shall be released to the Issuer.Issuerholders of the Transferor Interest. EXHIBIT A-2 Marked Pages of Series 2009-B Indenture Supplement

Appears in 1 contract

Samples: Indenture (CDF Funding, Inc.)

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062007-4 2 Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 20062007-4 2 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, shall be released to the Issuer.

Appears in 1 contract

Samples: Ge Dealer (CDF Funding, Inc.)

Allocations During the Early Amortization Period. During the Early Amortization Period, an amount equal to the product of the Allocation Percentage and the aggregate amount of Principal Collections processed on such Date of Processing shall be allocated to the Series 20062005-4 2 Noteholders and transferred to the Principal Account until applied as provided herein; provided, that after the date on which an amount of such Principal Collections equal to the Monthly Principal has been deposited into the Principal Account such amount shall be first, if any other Principal Sharing Series is outstanding and in its accumulation period or amortization period, retained in the Principal Account for application, to the extent necessary, as Shared Principal Collections to other Principal Sharing Series on the related Payment Date, and second, deposited in the Excess Funding Account to the extent necessary so that Amended and Restated 2006-4 Indenture Supplement the Free Equity Amount is not less than the Minimum Free Equity Amount, and third, shall be released to the Issuer.

Appears in 1 contract

Samples: GE Dealer Floorplan Master Note Trust

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