Common use of Excess Amounts Clause in Contracts

Excess Amounts. After payment in full of any Tranche of SynchronySeries Notes, any amount remaining on deposit in the applicable Interest Funding Sub-Account will be first, to the extent needed, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of SynchronySeries Notes in the manner, order and priority set forth in Section 3.04(b), second, to the extent needed, allocated among and deposited to the Principal Funding Sub-Accounts and Note Retirement Sub-Accounts of the Tranches of SynchronySeries Notes in the manner, order and priority set forth in Section 3.12(b), and third, paid to the Transferor. If the aggregate amount available for withdrawal from an Interest Funding Sub-Account for any Tranche of SynchronySeries Notes in a Monthly Period is less than all withdrawals required to be made from that Interest Funding Sub-Account for such Tranche in a Monthly Period after giving effect to all deposits, then the amounts on deposit in that Interest Funding Sub-Account will be withdrawn and, if payable to more than one Person, applied pro rata based on the amount of each of the withdrawals required to be made.

Excess Amounts. After payment in full of any Tranche of SynchronySeries WachoviaSeries Notes, any amount remaining on deposit in the applicable Interest Funding Sub-Account will be first, to the extent needed, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of SynchronySeries WachoviaSeries Notes in the manner, order and priority set forth in Section subsection 3.04(b), second, to the extent needed, allocated among and deposited to the Principal Funding Sub-Accounts and Note Retirement Sub-Accounts Account of the Tranches of SynchronySeries WachoviaSeries Notes in the manner, order and priority set forth in Section 3.12(bsubsection 3.13(b), and third, paid to the Transferorholder of the Transferor Certificate. If the aggregate amount available for withdrawal from an Interest Funding Sub-Account for any Tranche of SynchronySeries WachoviaSeries Notes in a Monthly Period is less than all withdrawals required to be made from that Interest Funding Sub-Account for such that Tranche in a Monthly Period after giving effect to all deposits, then the amounts on deposit in that Interest Funding Sub-Account will be withdrawn and, if payable to more than one Person, applied pro rata based on the amount of each of the withdrawals required to be made.

Excess Amounts. After payment in full of any Tranche of SynchronySeries ONEseries Notes, any amount remaining on deposit in the applicable Interest Funding Sub-Account will be first, to the extent needed, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of SynchronySeries ONEseries Notes in the manner, order and priority set forth in Section subsection 3.04(b), second, to the extent needed, allocated among and deposited to the Principal Funding Sub-Accounts and Note Retirement Sub-Accounts Account of the Tranches of SynchronySeries ONEseries Notes in the manner, order and priority set forth in Section 3.12(bsubsection 3.13(b), and third, paid to the applicable Transferor. If the aggregate amount available for withdrawal from an Interest Funding Sub-Account for any Tranche of SynchronySeries ONEseries Notes in a Monthly Period is less than all withdrawals withdraw als required to be made from that Interest Funding Sub-Account for such that Tranche in a Monthly Period after giving effect to all deposits, then the amounts on deposit in that Interest Funding Sub-Account will be withdrawn and, if payable to more than one Person, applied pro rata based on the amount of each of the withdrawals required to be made.

Excess Amounts. After payment in full of any Tranche of SynchronySeries CHASEseries Notes, any amount remaining on deposit in the applicable Interest Funding Sub-Account will be first, to the extent needed, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of SynchronySeries CHASEseries Notes in the manner, order and priority set forth in Section subsection 3.04(b), second, to the extent needed, allocated among and deposited to the Principal Funding Sub-Accounts and Note Retirement Sub-Accounts Account of the Tranches of SynchronySeries CHASEseries Notes in the manner, order and priority set forth in Section 3.12(bsubsection 3.13(b), and third, paid to the applicable Transferor. If the aggregate amount available for withdrawal from an Interest Funding Sub-Account for any Tranche of SynchronySeries CHASEseries Notes in a Monthly Period is less than all withdrawals required to be made from that Interest Funding Sub-Account for such that Tranche in a Monthly Period after giving effect to all deposits, then the amounts on deposit in that Interest Funding Sub-Account will be withdrawn and, if payable to more than one Person, applied pro rata based on the amount of each of the withdrawals required to be made.