Determination Date - Payment Shortfall Clause Samples

Determination Date - Payment Shortfall. If the Manager determines on any Monthly Determination Date that there is a Payment Shortfall for the relevant Monthly Collection Period the Manager must direct the Trustee to pay out of Principal Collections, as a principal distribution under clause 5.4, an amount (the Principal Draw) equal to the lesser of: (a) the Payment Shortfall; and (b) the amount of Principal Collections available for distribution on the Monthly Payment Date following that Monthly Determination Date. -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Page 37 Supplementary Terms Notice ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇ --------------------------------------------------------------------------------