Excess Interest Sharing Groups; Principal Sharing Groups Sample Clauses
Excess Interest Sharing Groups; Principal Sharing Groups. (a) Excess Interest Sharing Groups. With respect to each Payment Date, (i) the Servicer will allocate Excess Interest Collections to each Excess Interest Sharing Series in a particular Excess Interest Sharing Group, pro rata, in proportion to the Interest Collections Shortfall, if any, for each such Series and (ii) the Servicer will deduct from the allocated Interest Collections available for deposit into the Collection Account on or before such Payment Date an amount equal to the excess, if any, of (A) the aggregate Excess Interest Collections as defined in the related Indenture Supplements for all such Series for such Payment Date, over (B) the aggregate Interest Collections Shortfall as defined in the related Indenture Supplements for all such Series for such Payment Date and will distribute such excess to the Trust Paying Agent for distribution to the holders of the Depositor Interest in accordance with the Trust Agreement.
Excess Interest Sharing Groups; Principal Sharing Groups
