Common use of Collections and Allocations Clause in Contracts

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1998-1 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Funding Account, the Defeasance Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 1998-1 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 1998-1 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day allocable to the Series 1998-1 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 Securities and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1998-1 2 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Funding Account, the Defeasance Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 1998-1 2 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 1998-1 2 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day allocable to the Series 1998-1 2 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 2 Securities and applied as Available Series 1998-1 2 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19981997-1 Securities2 Certificates, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account and the Payment Reserve AccountPre-Funding Account maintained for this Series, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19981997-1 Securities 2 Certificates shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Allocation Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Allocation Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19981997-1 Securities 2 Certificates shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Allocation Percentage and (y) during any Amortization Period, the Fixed/Floating Allocation Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19981997-1 Securities 2 Certificates shall be determined by multiplying the Default Amount aggregate amount of such Receivables in Defaulted Accounts by the Floating Allocation Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 3,520,012.22 to be allocated to the Series 19981997-1 Securities 2 Certificates and applied as Available Series 19981997-1 2 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19982001-1 3 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account, the Funding Period Reserve Account and the Payment Reserve Pre-Funding Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19982001-1 3 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19982001-1 3 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any the Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19982001-1 3 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 Securities and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19981997-1 SecuritiesCertificates, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account and the Payment Reserve AccountPre- Funding Account maintained for this Series, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19981997-1 Securities Certificates shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Allocation Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Allocation Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19981997-1 Securities Certificates shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Allocation Percentage and (y) during any Amortization Period, the Fixed/Floating Allocation Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19981997-1 Securities Certificates shall be determined by multiplying the Default Amount aggregate amount of such Receivables in Defaulted Accounts by the Floating Allocation Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 3,000,000 to be allocated to the Series 19981997-1 Securities Certificates and applied as Available Series 19981997-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement. (b) Payments to the Holder of the Exchangeable Transferor Certificate. On each Business Day, the Servicer shall allocate and pay Collections in accordance with the Daily Report with respect to such Business Day to the Holder of the Exchangeable Transferor Certificate in accordance with subsection 4.3(b) of the Agreement. Notwithstanding the foregoing, amounts payable to the Transferor pursuant to this subsection 4.5(b) shall instead be deposited in the Excess Funding Account to the extent necessary to prevent the Transferor Interest from being less than the Minimum Transferor Interest. SECTION 4.6 Determination of Interest for the Series 1997- 1 Certificates. (a) The amount of monthly interest (the "Class A Interest") allocable to the Class A Certificates with respect to any Interest Accrual Period shall be an amount equal to one-twelfth of the product of (i) the Class A Certificate Rate and (ii) the Class A Outstanding Principal Amount as of the close of business on the first day of such Interest Accrual Period, provided that, in the case of the initial Interest Accrual Period, Class A Interest shall be an amount equal to $4,939,243.75. On the Determination Date preceding each Distribution Date, the Servicer shall determine an amount (the "Class A Interest Shortfall") equal to the excess, if any, of (x) the Class A Interest for the Interest Accrual Period applicable to the Distribution Date over (y) the amount available to be paid to the Class A Certificateholders in respect of interest on such Distribution Date. If there is a Class A Interest Shortfall with respect to any Distribution Date, an additional amount ("Class A Additional Interest") shall be payable as provided herein with respect to the Class A Certificates on each Distribution Date following such Distribution Date, to and including the Distribution Date on which such Class A Interest Shortfall is paid to Class A Certificateholders, equal to one-twelfth of the product of (i) the Class A Certificate Rate and (ii) such Class A Interest Shortfall remaining unpaid. Notwithstanding anything to the contrary herein, Class A Additional Interest shall be payable or distributed to Class A Certificateholders only to the extent permitted by applicable law.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19982001-1 4 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account, the Funding Period Reserve Account and the Payment Reserve Pre-Funding Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19982001-1 4 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19982001-1 4 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any the Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19982001-1 4 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 Securities and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19981997-1 SecuritiesCertificates, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account and the Payment Reserve AccountPre-Funding Account maintained for this Series, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19981997-1 Securities Certificates shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Allocation Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Allocation Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19981997-1 Securities Certificates shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Allocation Percentage and (y) during any Amortization Period, the Fixed/Fixed/ Floating Allocation Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19981997-1 Securities Certificates shall be determined by multiplying the Default Amount aggregate amount of such Receivables in Defaulted Accounts by the Floating Allocation Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 __________ to be allocated to the Series 19981997-1 Securities Certificates and applied as Available Series 19981997-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1998-1 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Funding Account, the Defeasance Reserve Cap Proceeds Account, the Distribution Account, the CTO Reserve Account, the Payment Reserve Account and the Payment Reserve AccountDefeasance Account maintained for this Series, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 1998-1 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 1998-1 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 1998-1 Securities shall be determined by multiplying the Default Amount aggregate amount of such Receivables in Defaulted Accounts by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 579,770.10, to be allocated to the Series 1998-1 Securities Certificates and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1998-1 3 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 1998-1 3 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 1998-1 3 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 1998-1 3 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 $ to be allocated to the Series 1998-1 3 Securities and applied as Available Series 1998-1 3 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1998-1 1999- Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve AccountAccount maintained for this Series, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 1998-1 1999- Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 1998-1 1999- Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 1998-1 1999- Securities shall be determined by multiplying the Default Amount aggregate amount of such Receivables in Defaulted Accounts by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 $ to be allocated to the Series 1998-1 1999- Securities and applied as Available Series 1998-1 1999- Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19981997-1 Securities2 Certificates, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account and the Payment Reserve AccountPre-Funding Account maintained for this Series, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19981997-1 Securities 2 Certificates shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Allocation Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Allocation Percentage, (ii) the amount of Principal Collections available in the Collection Collec- tion Account allocable to the Series 19981997-1 Securities 2 Certificates shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Allocation Percentage and (y) during any Amortization Period, the Fixed/Floating Allocation Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19981997-1 Securities 2 Certificates shall be determined by multiplying the Default Amount aggregate amount of such Receivables in Defaulted Accounts by the Floating Allocation Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 $ to be allocated to the Series 19981997-1 Securities 2 Certificates and applied as Available Series 19981997-1 2 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19982000-1 2 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19982000-1 2 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19982000-1 2 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any the Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19982000-1 2 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 Securities and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19982001-1 2 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account, the Funding Period Reserve Account and the Payment Reserve Pre-Funding Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19982001-1 2 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19982001-1 2 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any the Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19982001-1 2 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 Securities and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19981999-1 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19981999-1 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19981999-1 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19981999-1 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 Securities and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1998-1 3 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Funding Account, the Defeasance Reserve Cap Proceeds Account, the Distribution Account, the CTO Payment Reserve Account, the Class C Reserve Account, the Revolving Receivables Reserve Account and the Payment Reserve AccountPrincipal Funding Account maintained for this Series, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 1998-1 1998- 3 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 1998-1 3 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day allocable to the Series 1998-1 3 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit Payments to the Interest Funding Account in Holder of the amount of $2,000,000 to be allocated to Exchangeable Transferor Security. On each Business Day, the Series 1998-1 Securities Servicer shall allocate and applied as Available Series 1998-1 Finance Charge pay Collections in accordance with the Daily Report to the Holder of the Exchangeable Transferor Security in accordance with subsection 4.9(a4.3(b) of the Agreement; provided, however, that such amounts shall be applied in accordance with Section 4.10 hereof to the extent specified therein. Notwithstanding the foregoing and any other provisions of this Series Supplement, amounts payable to the Transferor shall instead be deposited in the Excess Funding Account to the extent necessary to prevent the Transferor Interest from being less than the Minimum Transferor Interest.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1998-1 A Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Account, the Defeasance Funding Account, the Defeasance Reserve Account, the Distribution Account, the CTO Payment Reserve Account and the Payment Reserve AccountDefeasance Account maintained for this Series, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 1998-1 A Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Payment Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 1998-1 A Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 1998-1 A Securities shall be determined by multiplying the Default Amount aggregate amount of such Receivables in Defaulted Accounts by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit (b) (c) Payments to the Interest Funding Account in Holder of the amount of $2,000,000 Exchangeable Transferor Security. On each Business Day, the Servicer shall determine whether a Pay Out Event is deemed to be allocated have occurred with respect to the Series 1998-1 Securities A Securities, and applied as Available Series 1998-1 Finance Charge the Servicer shall allocate and pay Collections in accordance with the Daily Report with respect to such Business Day to the Holder of the Exchangeable Transferor Security as follows: (d) (e) For each Business Day on and after the Amortization Period Commencement Date, the amount of payments of Principal Collections made to the Holder of the Exchangeable Transferor Security shall be determined as provided in subsection 4.3(b) of the Agreement. (f) 1.4.6 SECTION Determination of Interest for the Series 1998-A Securities . The amount of interest (the "Class A Interest") allocable to the Class A Securities with respect to any Business Day shall be an amount equal to the product of (i) the Class A Interest Rate for such Business Day and (ii) a fraction the numerator of which is the actual number of days from and including the immediately preceding Business Day to but excluding such Business Day and the denominator of which is (A) 360, if and to the extent the Applicable Pass- Through Rate is based on the CP Rate or LIBOR, and (B) 365 or 366, as the case may be, if and to the extent the Applicable Pass-Through Rate is based on the Alternate Rate and (iii) the Class A Outstanding Principal Amount on such Business Day after giving effect to all transactions on such Business Day. 1.4.7 1.4.8 On each Determination Date, the Servicer shall determine whether (x) the aggregate amount of Class A Interest for each Business Day during the related Monthly Period exceeds (y) the amount allocated and available to pay such Class A Interest on the related Distribution Date (any such excess, a "Class A Interest Shortfall"). 1.4.9 (a) SECTION Determination of Principal Amounts . The amount of principal (the "Class A Principal") distributable from the Distribution Account with respect to the Class A Securities on each Business Day with respect to (A) the Revolving Period shall be an amount equal to the sum of (x) amounts deposited into the Principal Account from the Defeasance Account pursuant to Section 9A of this Series Supplement and (B) the Amortization Period shall be equal to an amount calculated as follows: the sum of (i) an amount equal to the product of the Fixed/Floating Percentage and the aggregate amount of Principal Collections (less the amount of Redirected Principal Collections) with respect to such Business Day, (ii) any amount on deposit in the Excess Funding Account allocated to the Class A Securities pursuant to subsection 4.9(d) with respect to such Business Day, (iii) the amount, if any, allocated to the Class A Securities pursuant to subsections 4.9(a) (iii), (iv), (v) and (viii) of the Agreement and, with respect to such subsections, pursuant to subsections 4.10(a) and (b), Section 4.14 and subsection 4.17(b) of the Agreement on such Business Day and (iv) the amount of Shared Principal Collections allocated to the Class A Securities with respect to such Business Day pursuant to Section 4.3(d); provided, however, that with respect to any Business Day, Class A Principal may not exceed the Class A Invested Amount; provided, further, that with respect to the Scheduled Series 1998-A Termination Date, the Class A Principal shall be an amount equal to the Class A Invested Amount. (b) (c) The amount of principal (the "Class B Principal") distributable from the Distribution Account with respect to the Class B Security on each Distribution Date beginning with the Class B Principal Payment Commencement Date, or in the case of distributions of Class B Daily Principal pursuant to the last proviso of this subsection 4.7(b), on each Business Day, shall be an amount equal to and calculated as follows: the sum of (i) an amount equal to the product of the Fixed/Floating Percentage of Principal Collections (less the amount of Redirected Principal Collections) with respect to the preceding Monthly Period (or, in the case of the first Distribution Date following the date on which an amount equal to the Class A Invested Amount is deposited in the Principal Account to be applied to the payment of Class A Principal, the Fixed/Floating Percentage of Principal Collections from the date on which such deposit is made), (ii) any amount on deposit in the Excess Funding Account allocated to the Class B Security pursuant to subsection 4.9(d) with respect to the preceding Monthly Period, and (iii) the amount, if any, allocated to the Class B Security pursuant to subsections 4.9(a) (iii), (iv) and (viii) of the Agreement and, with respect to such subsections, pursuant to subsection 4.10(a) and (b) of the Agreement with respect to such Distribution Date; provided, however, that with respect to the Scheduled Series 1998-A Termination Date, the Class B Principal shall be an amount equal to the Class B Invested Amount; provided further, that on any Business Day during any period other than the Early Amortization Period, the Transferor may designate that either (x) an amount up to the lesser of (i) the excess of the Class B Invested Amount over the Stated Class B Amount on such day after taking into account all adjustments of the Class A Invested Amount on such day and (ii) (I) during the Revolving Period an amount equal to (x) the product of the Floating Percentage and the amount of Principal Collections on such Business Day minus (y) Redirected Principal Collections on such Business Day or (II) after the Amortization Period Commencement Date an amount equal to (x) the product of the Fixed/Floating Percentage and the amount of Principal Collections on such Business Day minus (y) Redirected Principal Collections on such Business Day minus (z) the amounts allocated with respect to Class A Principal on such Business Day (such designated amount, the "Class B Daily Principal") shall be distributed in accordance with subsection 4.9(f) or (y) an amount up to the excess of the Class B Invested Amount over the Stated Class B Amount on such day after taking into account all adjustments of the Class A Invested Amount on such day, shall be subtracted from the Class B Invested Amount and added to the Transferor Interest. (d) 1.4.10 SECTION Shared Principal Collections . Shared Principal Collections allocated to the Series 1998- A Securities and to be applied pursuant to subsections 4.9 (b), 4.9(c)(i)(y) and 4.9(c)(ii)(z) for any Business Day shall mean an amount equal to the sum of (i) the product of (x) Shared Principal Collections for all Series for such Business Day and (y) a fraction, the numerator of which is the Principal Shortfall for the Series 1998-A Securities for such Business Day and the denominator of which is the aggregate amount of Principal Shortfalls for all Series for such Business Day and (ii) Shared Principal Collections for all Series for such Business Day, less the amount thereof to be applied with respect to Principal Shortfalls for all Series for such Business Day, which the Transferor has opted to apply to Series 1998-A in accordance with Section 4.3(d) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19982000-1 3 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account and the Payment Reserve Pre-Funding Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19982000-1 3 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19982000-1 3 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any the Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19982000-1 3 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date Date, the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 1 to be allocated to the Series 19982000-1 3 Securities and applied as Available Series 19982000-1 3 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1998-1 2 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 1998-1 2 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 1998-1 2 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 1998-1 2 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 $ to be allocated to the Series 1998-1 2 Securities and applied as Available Series 1998-1 2 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19982004-1 2 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account, the Funding Period Reserve Account and the Payment Reserve Pre-Funding Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19982004-1 2 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19982004-1 2 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any the Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19982004-1 2 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 Securities and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 1998-1 2 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 1998-1 2 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 1998-1 2 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 1998-1 2 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 3,866,076.39 to be allocated to the Series 1998-1 2 Securities and applied as Available Series 1998-1 2 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19981999-1 2 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Payment Reserve Account and the Payment Reserve Pre-Funding Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19981999-1 2 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19981999-1 2 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any the Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19981999-1 2 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date Date, the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 19981999-1 2 Securities and applied as Available Series 19981999-1 2 Finance Charge Collections Collection in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19982000-1 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19982000-1 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19982000-1 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any the Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19982000-1 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 Securities and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.

Collections and Allocations. The Servicer will apply or will instruct the Trustee to apply all funds on deposit in the Collection Account and the Excess Funding Account allocable to the Series 19982004-1 Securities, and all funds on deposit in the Interest Funding Account, the Principal Account, the Revolving Receivables Reserve Cap Proceeds Account, the Defeasance Principal Funding Account, the Defeasance Accumulation Period Reserve Account, the Distribution Account, the CTO Reserve Account and the Payment Reserve Account, as described in this Article IV. On each Business Day, (i) the amount of Finance Charge Collections available in the Collection Account allocable to the Series 19982004-1 Securities shall be determined by multiplying the aggregate amount of such Finance Charge Collections by (x) prior to the Pay Out Commencement Date, the Floating Percentage and (y) on and after the Pay Out Commencement Date, the Fixed/Floating Percentage, (ii) the amount of Principal Collections available in the Collection Account allocable to the Series 19982004-1 Securities shall be determined by multiplying the aggregate amount of such Principal Collections by (x) during the Revolving Period, the Floating Percentage and (y) during any the Amortization Period, the Fixed/Floating Percentage, and (iii) the Default Amount on such Business Day Receivables in Defaulted Accounts allocable to the Series 19982004-1 Securities shall be determined by multiplying the Default Amount by the Floating Percentage. In addition, on the Closing Date the Transferor shall make a deposit to the Interest Funding Account in the amount of $2,000,000 to be allocated to the Series 1998-1 Securities and applied as Available Series 1998-1 Finance Charge Collections in accordance with subsection 4.9(a) of the Agreement.