Common use of Excess Amounts Clause in Contracts

Excess Amounts. Upon payment in full of any Tranche of ONEseries Notes, any remaining amount on deposit in the applicable Principal Funding Sub-Account will be first, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of ONEseries Notes in the manner, order and priority set forth in subsection 3.04(b), second, allocated among and deposited to the Principal Funding Sub-Account of the Tranches of ONEseries Notes in the manner, order and priority set forth in subsection 3.13(b), and third, paid to the applicable Transferor. If the aggregate amount available for withdrawal from a Principal Funding Sub-Account for any Tranche of ONEseries Notes is less than all withdrawals required to be made from that Principal Funding Sub-Account for that Tranche with respect to a Monthly Period, after giving effect to all deposits to be made with respect to such Monthly Period, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.

Excess Amounts. Upon payment in full of any Tranche of ONEseries WachoviaSeries Notes, any remaining amount on deposit in the applicable Principal Funding Sub-Account will be first, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of ONEseries WachoviaSeries Notes in the manner, order and priority set forth in subsection 3.04(b), second, allocated among and deposited to the Principal Funding Sub-Account of the Tranches of ONEseries WachoviaSeries Notes in the manner, order and priority set forth in subsection 3.13(b), and third, paid to the applicable Transferorholder of the Transferor Certificate. If the aggregate amount available for withdrawal from a Principal Funding Sub-Account for any Tranche of ONEseries WachoviaSeries Notes is less than all withdrawals required to be made from that Principal Funding Sub-Account for that Tranche with respect to a Monthly Period, after giving effect to all deposits to be made with respect to such Monthly Period, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.

Excess Amounts. Upon payment in full of any Tranche of ONEseries CHASEseries Notes, any remaining amount on deposit in the applicable Principal Funding Sub-Account will be first, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of ONEseries CHASEseries Notes in the manner, order and priority set forth in subsection 3.04(b), second, allocated among and deposited to the Principal Funding Sub-Account of the Tranches of ONEseries CHASEseries Notes in the manner, order and priority set forth in subsection 3.13(b), and third, paid to the applicable Transferor. If the aggregate amount available for withdrawal from a Principal Funding Sub-Account for any Tranche of ONEseries CHASEseries Notes is less than all withdrawals required to be made from that Principal Funding Sub-Account for that Tranche with respect to a Monthly Period, after giving effect to all deposits to be made with respect to such Monthly Period, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.

Excess Amounts. Upon payment in full of any Tranche of ONEseries Notes, any remaining amount on deposit in the applicable Principal Funding Sub-Account will be firstFIRST, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of ONEseries Notes in the manner, order and priority set forth in subsection 3.04(b), secondSECOND, allocated among and deposited to the Principal Funding Sub-Account of the Tranches of ONEseries Notes in the manner, order and priority set forth in subsection 3.13(b), and thirdTHIRD, paid to the applicable Transferor. If the aggregate amount available for withdrawal from a Principal Funding Sub-Account for any Tranche of ONEseries Notes is less than all withdrawals required to be made from that Principal Funding Sub-Account for that Tranche with respect to a Monthly Period, after giving effect to all deposits to be made with respect to such Monthly Period, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata PRO RATA based on the amounts of the withdrawals required to be made.