Common use of Servicing Compensation; Interchange Clause in Contracts

Servicing Compensation; Interchange. 15 ARTICLE IV RIGHTS OF SERIES 2000-_ NOTEHOLDERS AND ALLOCATION AND APPLICATION OF COLLECTIONS Section 4.01. Collections and Allocations..........................................................16 Section 4.02. Determination of Monthly Interest....................................................18 Section 4.03. Determination of Monthly Principal...................................................19 Section 4.04. Application of Available Finance Charge Collections and Available Principal Collections..........................................................................19 Section 4.05. Investor Charge-Offs.................................................................22 Section 4.06. Reallocated Principal Collections....................................................22 Section 4.07. Excess Finance Charge Collections....................................................22 Section 4.08. Shared Principal Collections and Shared Transferor Principal Collections.............23 Section 4.09. Principal Funding Account............................................................23 Section 4.10. Reserve Account......................................................................25 Section 4.11. Spread Account.......................................................................27 Section 4.12. [Determination of LIBOR].............................................................29 Section 4.13. Investment Instructions..............................................................30

Appears in 1 contract

Sources: Indenture Supplement (Associates Credit Card Receivables Corp)

Servicing Compensation; Interchange. 15 13 ARTICLE IV RIGHTS OF SERIES 2000-_ 2002-1 NOTEHOLDERS AND ALLOCATION AND APPLICATION OF COLLECTIONS COLLECTIONS............................................................... 14 Section 4.01. Collections and Allocations..........................................................16 ........................................................ 14 Section 4.02. Determination of Monthly Interest....................................................18 .................................................. 15 Section 4.03. Determination of Monthly Principal...................................................19 ................................................. 16 Section 4.04. Application of Available Finance Charge Collections and Available Principal Collections..........................................................................19 Funds on Deposit in the Collection Account................ 16 Section 4.05. 4.05 Investor Charge-Offs.................................................................22 offs............................................................... 19 Section 4.06. Reallocated Subordinated Principal Collections....................................................22 ................................................. 19 Section 4.07. Excess Finance Charge and Administrative Collections....................................................22 ............................... 19 Section 4.08. Shared Principal Collections and Shared Transferor Principal Collections.............23 ....................................................... 20 Section 4.09. [Reserved]......................................................................... 20 Section 4.10. Principal Funding Account............................................................23 .......................................................... 20 Section 4.104.11. Reserve Account......................................................................25 Section 4.11. Spread Account.......................................................................27 Section 4.12. [Determination of LIBOR].............................................................29 Section 4.13. Investment Instructions..............................................................30.................................................................... 21

Appears in 1 contract

Sources: Indenture Supplement (Household Receivables Funding Inc Iii)

Servicing Compensation; Interchange. 15 13 ARTICLE IV RIGHTS OF SERIES 2000-_ 2000-1 NOTEHOLDERS AND ALLOCATION AND APPLICATION OF COLLECTIONS COLLECTIONS........................................................... 14 Section 4.01. Collections and Allocations..........................................................16 ...................................................... 14 Section 4.02. Determination of Monthly Interest....................................................18 ................................................ 15 Section 4.03. Determination of Monthly Principal...................................................19 ............................................... 16 Section 4.04. Application of Available Finance Charge Collections and Available Principal Collections..........................................................................19 Funds on Deposit in the Collection Account.............. 16 Section 4.05. 4.05 Investor Charge-Offs.................................................................22 offs............................................................. 19 Section 4.06. Reallocated Subordinated Principal Collections....................................................22 ............................................... 19 Section 4.07. Excess Finance Charge and Administrative Collections....................................................22 ............................. 19 Section 4.08. Shared Principal Collections and Shared Transferor Principal Collections.............23 ..................................................... 20 Section 4.09. [Reserved]....................................................................... 20 Section 4.10. Principal Funding Account............................................................23 ........................................................ 20 Section 4.104.11. Reserve Account......................................................................25 Section 4.11. Spread Account.......................................................................27 Section 4.12. [Determination of LIBOR].............................................................29 Section 4.13. Investment Instructions..............................................................30.................................................................. 21

Appears in 1 contract

Sources: Indenture Supplement (Household Credit Card Master Note Trust I)