Common use of Purchaser's Share Clause in Contracts

Purchaser's Share. With respect to each Undivided Interest, the related "PURCHASER'S SHARE" of Collections of Pool Receivables received (or deemed received) by the Transferor or Servicer on any day means an amount equal to the product of: (i) the Aggregate Purchaser's Share of Collections for such day, TIMES (ii) (A) if such day is not a Run Off Day, the quotient of (1) such Undivided Interest on such day, expressed as a decimal DIVIDED BY (2) all of the Undivided Interests on such day, expressed as a decimal,

Purchaser's Share. With respect to each Undivided Interest, the related "PURCHASER'S SHARE" of Collections of Pool Receivables received (or deemed received) by the Transferor or Servicer on any day means an amount equal to the product of: (i) the Aggregate Purchaser's Share of Collections for such day, TIMESTIMES ----- (ii) (A) if such day is not a Run Off Day, the quotient of (1) such Undivided Interest on such day, expressed as a decimal DIVIDED BY (2) all of the Undivided Interests on such day, expressed as a decimal,