Common use of Excess Interest Sharing Groups Clause in Contracts

Excess Interest Sharing Groups. With respect to each Distribution 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 Shortfalls, if any, with respect to 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 Distribution 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 Distribution Date, over (B) the aggregate Interest Collections Shortfalls as defined in the related Indenture Supplements for all such Series for such Distribution Date and will distribute such excess to the Owner Trustee for distribution to the holders of the Transferor Interest in accordance with the Trust Agreement.

Excess Interest Sharing Groups. With respect to On each Distribution 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 Shortfalls, if any, with respect to each such Series and (ii) the Servicer will deduct withdraw from the allocated Interest Collections available for deposit into the Collection Account on or before such Distribution Date and pay to the Owner Trustee for distribution to the holders of the Transferor Interest in accordance with the Trust Agreement an amount equal to the excess, if any, of (A1) the aggregate Excess Interest Collections as defined in the related Indenture Supplements for all such Series for such Distribution Date, Date over (B2) the aggregate Interest Collections Shortfalls as defined in the related Indenture Supplements for all such Series for such Distribution Date and will distribute such excess to the Owner Trustee for distribution to the holders of the Transferor Interest in accordance with the Trust AgreementDate.