RECONCILIATION OF SPREAD ACCOUNT Sample Clauses

RECONCILIATION OF SPREAD ACCOUNT. {6} Preliminary End of period Spread Account balance {6} {7} Priority First - Deficiency Claim Amount from preliminary certificate {7} {8} End of period Spread Account balance {8}

RECONCILIATION OF SPREAD ACCOUNT. {10} Preliminary End of period Spread Account balance {10} {11} Priority First - Deficiency Claim Amount from preliminary certificate {11} {12} End of period Spread Account balance {12} III. MONTHLY PERIOD AND CUMULATIVE NUMBER OF RECEIVABLES CALCULATION: Cumulative Monthly {13} Original Number of Receivables {13} {14} Beginning of period number of Receivables {14} {15} Number of Subsequent Receivables Purchased {15} {16} Number of Receivables becoming Liquidated Receivables during period {16} {17} Number of Receivables becoming Purchased Receivables during period {17} {18} Number of Receivables paid off during period {18} {19} End of period number of Receivables {19}

RECONCILIATION OF SPREAD ACCOUNT. Initial Sub #1 Sub #2 Sub #3 Total {88} Initial or Subsequent Spread Account Deposits {89} Beginning of period Spread Account balance {89} Additions to Spread Account {90} Deposits from Collections Account ({77}) {90} {91} Investment Earnings {91} {92} Deposits Related to Subsequent Receivables Purchases {92} {93} Total Additions {93} {94} Spread Account balance available for withdrawals {94} Requisite Amount of Spread Account {95} Initial Pool Balance times 2.0% {95} {96} If Level I Trigger exists then greater of 6.0% of Outstanding Pool Balance and 4.0% of Original Pool Balance {96} {97} If Level II Trigger exists then 100% of Outstanding Pool Balance (as specified by FGIC) {97} {98} Requisite Amount of Spread Account (If no Level I nor Level II trigger exist, {98} ) {98} Withdrawals from Spread Account {99} Priority First — Deficiency Claim Amount {99} {100} Priority Second — Accelerated Payment Amount Shortfall {100} {101} Priority Third — Indemnity payments pro-rata owed by the Servicer to the Trustee, Lockbox Bank, Owner Trustee, Custodian, Backup Servicer Administrator, Collateral Agent, Trust Collateral Agent or other service provider. {101} {102} Priority Fourth — Expenses associated with maintaining Security Interest in vehicles {102} {103} Priority Fifth — to Certificateholder {103} {104} Total withdrawals {104} {105} End of period Spread Account balance {105}

RECONCILIATION OF SPREAD ACCOUNT. (6) Preliminary End of period Spread Account balance (6)

RECONCILIATION OF SPREAD ACCOUNT. Initial Sub #1 Sub #2 Sub #3 Total