Common use of COLLATERAL AVAILABLE FUNDS Clause in Contracts

COLLATERAL AVAILABLE FUNDS. a. Excess Spread $____________ ----------------------------------------------------------------------------------- ---------------------- -------------------- 4. TOTAL EXCESS SPREAD $____________ ------------------------------------------------------------------------------------------------------------------------------- 1. Principal Allocation Percentage ________% ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 2. Series 2005-1 Allocable Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 3. Principal Allocation Percentage of Series 2005-1 Allocable Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 4. Reallocated Principal Collections Required to Fund the Required Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 5. Item 3 minus Item 4 $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 6. Shared Principal Collections from other Series allocated to Series 2005-1 $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 7. Other amounts treated as Available Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 8. Available Principal Collections (total of items 5, 6 and 7) $____________ ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- APPLICATION OF AVAILABLE PRINCIPAL COLLECTIONS DURING REVOLVING PERIOD ------------------------------------------------------------------------------------------------------------------------------- 1. Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 2. Required Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 4. Treated as Shared Principal Collections $____________ ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- APPLICATION OF PRINCIPAL COLLECTIONS DURING ACCUMULATION OR AMORTIZATION PERIOD ------------------------------------------------------------------------------------------------------------------------------- 1. Principal Funding Account $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 3. Distribution of Principal $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 4. Treated as Shared Principal Collections $____________ -------------------------------------------------------------------------------------------------------------------------------

COLLATERAL AVAILABLE FUNDS. a. Excess Spread $____________ ----------------------------------------------------------------------------------- ---------------------- -------------------- 4. TOTAL EXCESS SPREAD $____________ ------------------------------------------------------------------------------------------------------------------------------- 1. Principal Allocation Percentage ________% ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 2. Series 2005-1 8 Allocable Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 3. Principal Allocation Percentage of Series 2005-1 8 Allocable Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 4. Reallocated Principal Collections Required to Fund the Required Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 5. Item 3 minus Item 4 $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 6. Shared Principal Collections from other Series allocated to Series 2005-1 8 $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 7. Other amounts treated as Available Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 8. Available Principal Collections (total of items 5, 6 and 7) $____________ ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- APPLICATION OF AVAILABLE PRINCIPAL COLLECTIONS DURING REVOLVING PERIOD ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- 1. Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 2. Required Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 4. Treated as Shared Principal Collections $____________ ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- APPLICATION OF PRINCIPAL COLLECTIONS DURING ACCUMULATION OR AMORTIZATION PERIOD ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 1. Principal Funding Account $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 3. Distribution of Principal $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 4. Treated as Shared Principal Collections $____________ ------------------------------------------------------------------------------------------------------------------------------- 2. Excess Finance Charge Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 3. Applied to Fund Class A Required Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 4. Class A Investor Charge-offs treated as Available Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 5. Applied to fund overdue Class B Interest $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- 6. Applied to fund Class B Required Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- --------------------

COLLATERAL AVAILABLE FUNDS. a. Excess Spread $____________ ----------------------------------------------------------------------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 4. TOTAL EXCESS SPREAD $____________ ------------------------------------------------------------------------------------------------------------------------------- 1. Principal Allocation Percentage _________% ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 2. Series 2005-1 4 Allocable Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 3. Principal Allocation Percentage of Series 2005-1 4 Allocable Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 4. Reallocated Principal Collections Required to Fund the Required Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 5. Item 3 minus Item 4 $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 6. Shared Principal Collections from other Series allocated to Series 2005-1 4 $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 7. Other amounts treated as Available Principal Collections $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 8. Available Principal Collections (total of items 5, 6 and 7) $____________ ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- APPLICATION OF AVAILABLE PRINCIPAL COLLECTIONS DURING REVOLVING PERIOD ------------------------------------------------------------------------------------------------------------------------------- 1. Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 2. Required Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 4. Treated as Shared Principal Collections $____________ ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- APPLICATION OF PRINCIPAL COLLECTIONS DURING ACCUMULATION OR AMORTIZATION PERIOD ------------------------------------------------------------------------------------------------------------------------------- 1. Principal Funding Account $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 3. Distribution of Principal $____________ ------------------------------------------------------------ ---------------------- ---------------------- -------------------- ------------------------------------------------------------------------------------------------------------------------------- 4. Treated as Shared Principal Collections $____________ ------------------------------------------------------------------------------------------------------------------------------- 2. Excess Finance Charge Collections $____________ ------------------------------------------------------------------------------------------------------------------------------- 3. Applied to Fund Class A Required Amount $____________ ------------------------------------------------------------------------------------------------------------------------------- 4. Class A Investor Charge-offs treated as Available Principal Collections $____________ ------------------------------------------------------------------------------------------------------------------------------- 5. Applied to fund overdue Class B Interest $____________ ------------------------------------------------------------------------------------------------------------------------------- 6. Applied to fund Class B Required Amount $____________ -------------------------------------------------------------------------------------------------------------------------------