Class B Interest. An amount equal to the lesser of (x) any Available Series 2000-__ Finance Charge Collections remaining after giving effect to the withdrawals to subsections 4.6(a)(i) through (vii) and (y) the sum of Class B Interest and Carryover Class B Interest, if any, shall be paid to the Class B Certificateholders. Notwithstanding anything to the contrary herein, the portion of Carryover Class B Interest that constitutes Class B Additional Interest shall be payable or distributable to Class B Certificateholders only to the extent permitted by applicable law.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Target Receivables Corp)
Class B Interest. An amount equal to the lesser of (x) any Available Series 2000-__ 1997-1 Finance Charge Collections remaining after giving effect to the withdrawals to subsections 4.6(a)(i) through (vii) and (y) the sum of Class B Interest and Carryover Class B Interest, if any, shall be paid to the Class B Certificateholders. Notwithstanding anything to the contrary herein, the portion of Carryover Class B Interest that constitutes Class B Additional Interest shall be payable or distributable to Class B Certificateholders only to the extent permitted by applicable law.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Dayton Hudson Receivables Corp)