Common use of Settlement Computations Clause in Contracts

Settlement Computations. (i) On each Reporting Date, the Servicer shall include in the Information Package calculations, as of the most recent Cut-Off Date for the related Settlement Period, and based upon the assumption in the next sentence, (A) the Unpaid Balance of all of the Pool Receivables in each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool, the aggregate Purchaser’s Pool Investments for the Combined Receivable Pools, the aggregate ISC Conditional Unpaid Balance in respect of the ISC Receivable Pool, the Purchasers’ Total Investment, the Purchaser Group Investment of each Purchaser Group for each of the SCC Receivable Pool and the Combined Receivable Pools, the Required Reserves for each Receivable Pool, the Net Portfolio Balance for each Receivable Pool, and each component of each of the foregoing, (B) the amount of the reduction or increase (if any) in each of the Required Reserves for each Receivable Pool, the Net Portfolio Balance for each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool and in the aggregate for the Combined Receivable Pools, the Purchaser Group Investment for each Receivable Pool and in the aggregate for the Combined Receivable Pools of any Purchaser Group, and the Purchasers’ Total Investment since the Cut-Off Date immediately preceding the Cut-Off Date for the most recently ended Settlement Period, (C) the excess (if any) of the sum of the Purchasers’ Pool Investment for each Receivable Pool and the Required Reserves for such Receivable Pool, over the Net Portfolio Balance for such Receivable Pool, (D) the excess (if any) of the Purchasers’ Pool Investment in respect of the SCC Receivable Pool, over the Purchasers’ Pool Commitment in respect of such Receivable Pool, (E) the excess (if any) of the aggregate Purchasers’ Pool Investments in respect of the Combined Receivable Pools, over the Purchasers’ Pool Commitment in respect of the Combined Receivable Pools, (F) the excess (if any) of the Purchaser Group Investment in respect of the SCC Receivable Pool of each Purchaser Group, over the Purchaser Group Commitment in respect of such Receivable Pool of each such Purchaser Group, (G) the excess (if any) of the aggregate Purchaser Group Investments in respect of the Combined Receivable Pools of each Purchaser Group, over the Purchaser Group Commitment in respect of the Combined Receivable Pools of each such Purchaser Group, (H) the then current Cap Reserve Amount and the then current Estimated Cap Deficiency Amount, (I) the aggregate Cap Payments received since the previous Cut-Off Date, (J) the aggregate Investment of any Exiting Purchasers in respect of each Receivable Pool, (K) in respect of each of the Receivable Pools which comprise the Combined Receivable Pools, each such Receivable Pool’s Pro Rata Share of the excess amounts under clause (E) and clause (G) above, and (L) the aggregate Early Termination Lease Dilution Amounts for the preceding Settlement Period. Such calculations shall be based upon the assumption that Collections in respect of each Receivable Pool set aside pursuant to Section 1.3 (and not otherwise applied in accordance with such Section) will be paid to the applicable Purchaser Agent for the benefit of the applicable Purchasers in its Purchaser Group in accordance with the related Purchaser Group’s Proportionate Share of such Collections on the Settlement Date for the Settlement Period related to such Reporting Date.

Settlement Computations. (i) On each Reporting Date, the Servicer shall include in the Information Package calculations, as of the most recent Cut-Off Date for the related Settlement Period, and based upon the assumption in the next sentence, (A) the Unpaid Balance of all of the Pool Receivables in each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool, the aggregate Purchaser’s Pool Investments for the Combined Receivable Pools, the aggregate ISC Conditional Unpaid Balance in respect of the ISC Receivable Pool, the Purchasers’ Total Investment, the Purchaser Group Investment of each Purchaser Group for each of the SCC Receivable Pool and the Combined Receivable PoolsPool, the Required Reserves for each Receivable Pool, the Net Portfolio Balance for each Receivable Pool, Pool and each component of each of the foregoing, (B) the amount of the reduction or increase (if any) in each of the Required Reserves for each Receivable Pool, the Net Portfolio Balance for each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool and in the aggregate for the Combined Receivable PoolsPool, the Purchaser Group Investment for each Receivable Pool and in the aggregate for the Combined Receivable Pools of any Purchaser Group, Group and the Purchasers’ Total Investment since the Cut-Off Date immediately preceding the Cut-Off Date for the most recently ended Settlement Period, (C) the excess (if any) of the sum of the Purchasers’ Pool Investment for each Receivable Pool and the Required Reserves for such Receivable Pool, over the Net Portfolio Balance for such Receivable Pool, (D) the excess (if any) of the Purchasers’ Pool Investment in respect of the SCC such Receivable PoolPool , over the Purchasers’ Pool Commitment in respect of such Receivable Pool, (E) the excess (if any) of the aggregate Purchasers’ Pool Investments in respect of the Combined Receivable Pools, over the Purchasers’ Pool Commitment in respect of the Combined Receivable Pools, (F) the excess (if any) of the Purchaser Group Investment in respect of the SCC such Receivable Pool of each Purchaser Group, over the Purchaser Group Commitment in respect of such Receivable Pool of each such Purchaser Group, (G) the excess (if any) of the aggregate Purchaser Group Investments in respect of the Combined Receivable Pools of each Purchaser Group, over the Purchaser Group Commitment in respect of the Combined Receivable Pools of each such Purchaser Group, (HF) the then current ISC Cap Reserve Amount and the then current Estimated ISC Cap Deficiency Amount, (IG) the aggregate Cap Payments received since the previous Cut-Off Date, and (JH) the aggregate Investment of any Exiting Purchasers in respect of each Receivable Pool, (K) in respect of each of the Receivable Pools which comprise the Combined Receivable Pools, each such Receivable Pool’s Pro Rata Share of the excess amounts under clause (E) and clause (G) above, and (L) the aggregate Early Termination Lease Dilution Amounts for the preceding Settlement Period. Such calculations shall be based upon the assumption that Collections in respect of each Receivable Pool set aside pursuant to Section 1.3 (and not otherwise applied in accordance with such Section) will be paid to the applicable Purchaser Agent for the benefit of the applicable Purchasers in its Purchaser Group in accordance with the related Purchaser Group’s Proportionate Ratable Share of such Collections on the Settlement Date for the Settlement Period related to such Reporting Date.

Settlement Computations. (i) On i. Before each Reporting Date, the Servicer shall include in the Information Package calculationscompute, as of the most recent Cut-Off Date for the related Settlement Period, and based upon the assumption in the next sentence, (A) the Unpaid Balance of all of the Pool Receivables in each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool, the aggregate Purchaser’s Pool Investments for the Combined Receivable Pools, the aggregate ISC Conditional Unpaid Balance in respect of the ISC Receivable Pool, the Purchasers’ Total Investment, the Purchaser Group Investment of each Purchaser Group for each of the SCC Receivable Pool and the Combined Receivable PoolsGroup, the Required Reserves for each Reserves, the Required Loan Reserves, the Required Receivable PoolReserves, the Loan Investment Base, the Receivables Investment Base, the Net Portfolio Loan Pool Balance, the Net Receivables Pool Balance, the Net Pool Balance for each Receivable Pool, and each component of each of the foregoing, (B) the amount of the reduction or increase (if any) in each of the Required Reserves for each Reserves, the Required Receivable PoolReserves, the Required Loan Reserves, the Net Portfolio Balance for each Receivable PoolReceivables Pool Balance, the Purchasers’ Net Loan Pool Investment for each Receivable Balance, the Net Pool and in the aggregate for the Combined Receivable PoolsBalance, the Purchaser Group Investment for of each Receivable Pool and in the aggregate for the Combined Receivable Pools of any Purchaser Group, the Loan Investment Base, the Receivables Investment Base and the Purchasers’ Total Investment since the immediately preceding Cut-Off Date immediately preceding the Cut-Off Date for the most recently ended Settlement PeriodDate, (C) the excess (if any) of the aggregate Total Investment over the sum of the Purchasers’ Pool Receivables Investment for each Receivable Pool Base and the Required Reserves for such Receivable Pool, over the Net Portfolio Balance for such Receivable PoolLoan Investment Base, (D) the excess (if any) of the Purchasers’ Pool Investment in respect of the SCC Receivable PoolTotal Committed Investment, over the Purchasers’ Pool Commitment in respect of such Receivable PoolTotal Commitment, (E) the excess (if any) of the aggregate Purchasers’ Pool Investments in respect of the Combined Receivable PoolsTotal Uncommitted Investment, over the Purchasers’ Pool Commitment in respect of the Combined Receivable PoolsTotal Uncommitted Amount, (F) the excess (if any) of the Purchaser Group Committed Investment in respect of the SCC Receivable Pool of each Purchaser Group, over the Purchaser Group Commitment in respect of such Receivable Pool of each such Purchaser Group, (G) the excess (if any) of the aggregate Purchaser Group Investments in respect of the Combined Receivable Pools Uncommitted Investment of each Purchaser Group, over the Purchaser Group Commitment in respect of the Combined Receivable Pools of each such Purchaser Group, ’s Uncommitted Amount and (H) the then current Cap Reserve Amount and the then current Estimated Cap Deficiency Amount, (I) the aggregate Cap Payments received since the previous Cut-Off Date, (J) the aggregate Investment of any Exiting Purchasers in respect of each Receivable Pool, (K) in respect of each of the Receivable Pools which comprise the Combined Receivable Pools, each such Receivable Pool’s Pro Rata Share components of any of the excess amounts under clause (E) and clause (G) above, and (L) the aggregate Early Termination Lease Dilution Amounts for the preceding Settlement Periodforegoing. Such calculations shall be based upon the assumption that Collections in respect of each Receivable Pool set aside pursuant to Section 1.3 1.3(b) (and not otherwise applied in accordance with such Section) will be paid to the applicable Purchaser Agent ratably (based on the related Purchaser Group Uncommitted Investment, Purchaser Group Committed Investment or Purchaser Group Investment, as applicable) for the benefit of the applicable Purchasers in its Purchaser Group in accordance with the related Purchaser Group’s Proportionate Share of such Collections on the Settlement Date for the Settlement Period related to such Reporting Date.

Settlement Computations. (i) On Before each Reporting Date, the Servicer shall include in the Information Package calculationscompute, as of the most recent Cut-Off Date for the related Settlement Period, and based upon the assumption in the next sentence, (A) the Unpaid Balance of all of the Pool Receivables in each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool, the aggregate Purchaser’s Pool Investments for the Combined Receivable Pools, the aggregate ISC Conditional Unpaid Balance in respect of the ISC Receivable Pool, the Purchasers’ Total Investment, the Purchaser Group Investment of each Purchaser Group for each of the SCC Receivable Pool and the Combined Receivable PoolsGroup, the Required Reserves for each Reserves, the Required Loan Reserves, the Required Receivable PoolReserves, the Loan Investment Base, the Receivables Investment Base, the Net Portfolio Loan Pool Balance, the Net Receivables Pool Balance, the Net Pool Balance for each Receivable Pool, and each component of each of the foregoing, (B) the amount of the reduction or increase (if any) in each of the Required Reserves for each Reserves, the Required Receivable PoolReserves, the Required Loan Reserves, the Net Portfolio Balance for each Receivable PoolReceivables Pool Balance, the Purchasers’ Net 755931971 16509877 Loan Pool Investment for each Receivable Balance, the Net Pool and in the aggregate for the Combined Receivable PoolsBalance, the Purchaser Group Investment for of each Receivable Pool and in the aggregate for the Combined Receivable Pools of any Purchaser Group, the Loan Investment Base, the Receivables Investment Base and the Purchasers’ Total Investment since the immediately preceding Cut-Off Date immediately preceding the Cut-Off Date for the most recently ended Settlement PeriodDate, (C) the excess (if any) of the aggregate Total Investment over the sum of the Purchasers’ Pool Receivables Investment for each Receivable Pool Base and the Required Reserves for such Receivable Pool, over the Net Portfolio Balance for such Receivable PoolLoan Investment Base, (D) the excess (if any) of the Purchasers’ Pool Investment in respect of the SCC Receivable PoolTotal Committed Investment, over the Purchasers’ Pool Commitment in respect of such Receivable PoolTotal Commitment, (E) the excess (if any) of the aggregate Purchasers’ Pool Investments in respect of the Combined Receivable PoolsTotal Uncommitted Investment, over the Purchasers’ Pool Commitment in respect of the Combined Receivable PoolsTotal Uncommitted Amount, (F) the excess (if any) of the Purchaser Group Committed Investment in respect of the SCC Receivable Pool of each Purchaser Group, over the Purchaser Group Commitment in respect of such Receivable Pool of each such Purchaser Group, (G) the excess (if any) of the aggregate Purchaser Group Investments in respect of the Combined Receivable Pools Uncommitted Investment of each Purchaser Group, over the Purchaser Group Commitment in respect of the Combined Receivable Pools of each such Purchaser Group, ’s Uncommitted Amount and (H) the then current Cap Reserve Amount and the then current Estimated Cap Deficiency Amount, (I) the aggregate Cap Payments received since the previous Cut-Off Date, (J) the aggregate Investment of any Exiting Purchasers in respect of each Receivable Pool, (K) in respect of each of the Receivable Pools which comprise the Combined Receivable Pools, each such Receivable Pool’s Pro Rata Share components of any of the excess amounts under clause (E) and clause (G) above, and (L) the aggregate Early Termination Lease Dilution Amounts for the preceding Settlement Periodforegoing. Such calculations shall be based upon the assumption that Collections in respect of each Receivable Pool set aside pursuant to Section 1.3 1.3(b) (and not otherwise applied in accordance with such Section) will be paid to the applicable Purchaser Agent ratably (based on the related Purchaser Group Uncommitted Investment, Purchaser Group Committed Investment or Purchaser Group Investment, as applicable) for the benefit of the applicable Purchasers in its Purchaser Group in accordance with the related Purchaser Group’s Proportionate Share of such Collections on the Settlement Date for the Settlement Period related to such Reporting Date.

Settlement Computations. (i) On each Reporting Date, the Servicer shall include in the Information Package calculations, as of the most recent Cut-Off Date for the related Settlement Period, and based upon the assumption in the next sentence, (A) the Unpaid Balance of all of the Pool Receivables in each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool, the aggregate Purchaser’s Pool Investments for the Combined Receivable Pools, the aggregate ISC Conditional Unpaid Balance in respect of the ISC Receivable Pool, the aggregate Lease Conditional Unpaid Balance in respect of the Lease Receivable Pool, the Purchasers’ Total Investment, the Purchaser Group Investment of each Purchaser Group for each of the SCC Receivable Pool and the Combined Receivable PoolsPool, the Required Reserves for each Receivable Pool, the Net Portfolio Balance for each Receivable Pool, Pool and each component of each of the foregoing, (B) the amount of the reduction or increase (if any) in each of the Required Reserves for each Receivable Pool, the Net Portfolio Balance for each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool and in the aggregate for the Combined Receivable PoolsPool, the Purchaser Group Investment for each Receivable Pool and in the aggregate for the Combined Receivable Pools of any Purchaser Group, Group and the Purchasers’ Total Investment since the Cut-Off Date immediately preceding the Cut-Off Date for the most recently ended Settlement Period, (C) the excess (if any) of the sum of the Purchasers’ Pool Investment for each Receivable Pool and the Required Reserves for such Receivable Pool, over the Net Portfolio Balance for such Receivable Pool, (D) the excess (if any) of the Purchasers’ Pool Investment in respect of the SCC such Receivable Pool, over the Purchasers’ Pool Commitment in respect of such Receivable Pool, (E) the excess (if any) of the aggregate Purchasers’ Pool Investments in respect of the Combined Receivable Pools, over the Purchasers’ Pool Commitment in respect of the Combined Receivable Pools, (F) the excess (if any) of the Purchaser Group Investment in respect of the SCC such Receivable Pool of each Purchaser Group, over the Purchaser Group Commitment in respect of such Receivable Pool of each such Purchaser Group, (G) the excess (if any) of the aggregate Purchaser Group Investments in respect of the Combined Receivable Pools of each Purchaser Group, over the Purchaser Group Commitment in respect of the Combined Receivable Pools of each such Purchaser Group, (HF) the then current Cap Reserve Amount and the then current Estimated Cap Deficiency Amount, (IG) the aggregate Cap Payments received since the previous Cut-Off Date, and (JH) the aggregate Investment of any Exiting Purchasers in respect of each Receivable Pool, (K) in respect of each of the Receivable Pools which comprise the Combined Receivable Pools, each such Receivable Pool’s Pro Rata Share of the excess amounts under clause (E) and clause (G) above, and (L) the aggregate Early Termination Lease Dilution Amounts for the preceding Settlement Period. Such calculations shall be based upon the assumption that Collections in respect of each Receivable Pool set aside pursuant to Section 1.3 (and not otherwise applied in accordance with such Section) will be paid to the applicable Purchaser Agent for the benefit of the applicable Purchasers in its Purchaser Group in accordance with the related Purchaser Group’s Proportionate Ratable Share of such Collections on the Settlement Date for the Settlement Period related to such Reporting Date.

Settlement Computations. (i) On Before each Reporting Date, the Servicer shall include in the Information Package calculationscompute, as of the most recent Cut-Off Date for the related Settlement Period, and based upon the assumption in the next sentence, (A) the Unpaid Balance of all of the Pool Receivables in each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool, the aggregate Purchaser’s Pool Investments for the Combined Receivable Pools, the aggregate ISC Conditional Unpaid Balance in respect of the ISC Receivable Pool, the Purchasers’ Total Investment, the Purchaser Group Investment of each Purchaser Group for each of the SCC Receivable Pool and the Combined Receivable PoolsGroup, the Required Reserves for each Reserves, the Required Loan Reserves, the Required Receivable PoolReserves, the Loan Investment Base, the Receivables Investment Base, the Net Portfolio Loan Pool Balance, the Net Receivables Pool Balance, the Net Pool Balance for each Receivable Pool, and each component of each of the foregoing, (B) the amount of the reduction or increase (if any) in each of the Required Reserves for each Reserves, the Required Receivable PoolReserves, the Required Loan Reserves, the Net Portfolio Balance for each Receivable PoolReceivables Pool Balance, the Purchasers’ Net Loan Pool Investment for each Receivable Balance, the Net Pool and in the aggregate for the Combined Receivable PoolsBalance, the Purchaser Group Investment for of each Receivable Pool and in the aggregate for the Combined Receivable Pools of any Purchaser Group, the Loan Investment Base, the Receivables Investment Base and the Purchasers’ Total Investment since the immediately preceding Cut-Off Date immediately preceding the Cut-Off Date for the most recently ended Settlement PeriodDate, (C) the excess (if any) of the aggregate Total Investment over the sum of the Purchasers’ Pool Receivables Investment for each Receivable Pool Base and the Required Reserves for such Receivable Pool, over the Net Portfolio Balance for such Receivable PoolLoan Investment Base, (D) the excess (if any) of the Purchasers’ Pool Investment in respect of the SCC Receivable PoolTotal Committed Investment, over the Purchasers’ Pool Commitment in respect of such Receivable PoolTotal Commitment, (E) the excess (if any) of the aggregate Purchasers’ Pool Investments in respect of the Combined Receivable PoolsTotal Uncommitted Investment, over the Purchasers’ Pool Commitment in respect of the Combined Receivable PoolsTotal Uncommitted Amount, (F) the excess (if any) of the Purchaser Group Committed Investment in respect of the SCC Receivable Pool of each Purchaser Group, over the Purchaser Group Commitment in respect of such Receivable Pool of each such Purchaser Group, (G) the excess (if any) of the aggregate Purchaser Group Investments in respect of the Combined Receivable Pools Uncommitted Investment of each Purchaser Group, over the Purchaser Group Commitment in respect of the Combined Receivable Pools of each such Purchaser Group, ’s Uncommitted Amount and (H) the then current Cap Reserve Amount and the then current Estimated Cap Deficiency Amount, (I) the aggregate Cap Payments received since the previous Cut-Off Date, (J) the aggregate Investment of any Exiting Purchasers in respect of each Receivable Pool, (K) in respect of each of the Receivable Pools which comprise the Combined Receivable Pools, each such Receivable Pool’s Pro Rata Share components of any of the excess amounts under clause (E) and clause (G) above, and (L) the aggregate Early Termination Lease Dilution Amounts for the preceding Settlement Periodforegoing. Such calculations shall be based upon the assumption that Collections in respect of each Receivable Pool set aside pursuant to Section 1.3 1.3(b) (and not otherwise applied in accordance with such Section) will be paid to the applicable Purchaser Agent ratably (based on the related Purchaser Group Uncommitted Investment, Purchaser Group Committed Investment or Purchaser Group Investment, as applicable) for the benefit of the applicable Purchasers in its 749037980 Purchaser Group in accordance with the related Purchaser Group’s Proportionate Share of such Collections on the Settlement Date for the Settlement Period related to such Reporting Date.

Settlement Computations. (i) On Before each Reporting Date, the Servicer shall include in the Information Package calculationscompute, as of the most recent Cut-Off Date for the related Settlement Period, and based upon the assumption in the next sentence, (A) the Unpaid Balance of all of the Pool Receivables in each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool, the aggregate Purchaser’s Pool Investments for the Combined Receivable Pools, the aggregate ISC Conditional Unpaid Balance in respect of the ISC Receivable Pool, the Purchasers’ Total Investment, the Purchaser Group Investment of each Purchaser Group for each of the SCC Receivable Pool and the Combined Receivable PoolsGroup, the Required Reserves for each Reserves, the Required Loan Reserves, the Required Receivable PoolReserves, the Loan Investment Base, the Receivables Investment Base, the Net Portfolio Loan Pool Balance, the Net Receivables Pool Balance, the Net Pool Balance for each Receivable Pool, and each component of each of the foregoing, (B) the amount of the reduction or increase (if any) in each of the Required Reserves for each Reserves, the Required Receivable PoolReserves, the Required Loan Reserves, the Net Portfolio Balance for each Receivable PoolReceivables Pool Balance, the Purchasers’ Net Loan Pool Investment for each Receivable Balance, the Net Pool and in the aggregate for the Combined Receivable PoolsBalance, the Purchaser Group Investment for of each Receivable Pool and in the aggregate for the Combined Receivable Pools of any Purchaser Group, the Loan Investment Base, the Receivables Investment Base and the Purchasers’ Total Investment since the immediately preceding Cut-Off Date immediately preceding the Cut-Off Date for the most recently ended Settlement PeriodDate, (C) the excess (if any) of the aggregate Total Investment over the sum of the Purchasers’ Pool Receivables Investment for each Receivable Pool Base and the Required Reserves for such Receivable Pool, over the Net Portfolio Balance for such Receivable PoolLoan Investment Base, (D) the excess (if any) of the Purchasers’ Pool Investment in respect of the SCC Receivable PoolTotal Committed Investment, over the Purchasers’ Pool Commitment in respect of such Receivable PoolTotal Commitment, (E) the excess (if any) of the aggregate Purchasers’ Pool Investments in respect of the Combined Receivable PoolsTotal Uncommitted Investment, over the Purchasers’ Pool Commitment in respect of the Combined Receivable PoolsTotal Uncommitted Amount, (F) the excess (if any) of the Purchaser Group Committed Investment in respect of the SCC Receivable Pool of each Purchaser Group, over the Purchaser Group Commitment in respect of such Receivable Pool of each such Purchaser Group, (G) the excess (if any) of the aggregate Purchaser Group Investments in respect of the Combined Receivable Pools Uncommitted Investment of each Purchaser Group, over the Purchaser Group Commitment in respect of the Combined Receivable Pools of each such Purchaser Group, ’s Uncommitted Amount and (H) the then current Cap Reserve Amount and the then current Estimated Cap Deficiency Amount, (I) the aggregate Cap Payments received since the previous Cut-Off Date, (J) the aggregate Investment of any Exiting Purchasers in respect of each Receivable Pool, (K) in respect of each of the Receivable Pools which comprise the Combined Receivable Pools, each such Receivable Pool’s Pro Rata Share components of any of the excess amounts under clause (E) and clause (G) above, and (L) the aggregate Early Termination Lease Dilution Amounts for the preceding Settlement Periodforegoing. Such calculations shall be based upon the assumption that Collections in respect of each Receivable Pool set aside pursuant to Section 1.3 1.3(b) (and not otherwise applied in 13 753697831 accordance with such Section) will be paid to the applicable Purchaser Agent ratably (based on the related Purchaser Group Uncommitted Investment, Purchaser Group Committed Investment or Purchaser Group Investment, as applicable) for the benefit of the applicable Purchasers in its Purchaser Group in accordance with the related Purchaser Group’s Proportionate Share of such Collections on the Settlement Date for the Settlement Period related to such Reporting Date.

Settlement Computations. (i) On each Reporting Date, the Servicer shall include in the Information Package calculations, as of the most recent Cut-Off Date for the related Settlement Period, and based upon the assumption in the next sentence, (A) the Unpaid Balance of all of the Pool Receivables in each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool, the aggregate Purchaser’s Pool Investments for the Combined Receivable Pools, the aggregate ISC Conditional Unpaid Balance in respect of the ISC Receivable Pool, the Purchasers’ Total Investment, the Purchaser Group Investment of each Purchaser Group for each of the SCC Receivable Pool and the Combined Receivable PoolsPool, the Required Reserves for each Receivable Pool, the Net Portfolio Balance for each Receivable Pool, Pool and each component of each of the foregoing, (B) the amount of the reduction or increase (if any) in each of the Required Reserves for each Receivable Pool, the Net Portfolio Balance for each Receivable Pool, the Purchasers’ Pool Investment for each Receivable Pool and in the aggregate for the Combined Receivable PoolsPool, the Purchaser Group Investment for each Receivable Pool and in the aggregate for the Combined Receivable Pools of any Purchaser Group, Group and the Purchasers’ Total Investment since the Cut-Off Date immediately preceding the Cut-Off Date for the most recently ended Settlement Period, (C) the excess (if any) of the sum of the Purchasers’ Pool Investment for each Receivable Pool and the Required Reserves for such Receivable Pool, over the Net Portfolio Balance for such Receivable Pool, (D) the excess (if any) of the Purchasers’ Pool Investment in respect of the SCC such Receivable Pool, over the Purchasers’ Pool Commitment in respect of such Receivable Pool, (E) the excess (if any) of the aggregate Purchasers’ Pool Investments in respect of the Combined Receivable Pools, over the Purchasers’ Pool Commitment in respect of the Combined Receivable Pools, (F) the excess (if any) of the Purchaser Group Investment in respect of the SCC such Receivable Pool of each Purchaser Group, over the Purchaser Group Commitment in respect of such Receivable Pool of each such Purchaser Group, (G) the excess (if any) of the aggregate Purchaser Group Investments in respect of the Combined Receivable Pools of each Purchaser Group, over the Purchaser Group Commitment in respect of the Combined Receivable Pools of each such Purchaser Group, (HF) the then current Cap Reserve Amount and the then current Estimated Cap Deficiency Amount, (IG) the aggregate Cap Payments received since the previous Cut-Off Date, and (JH) the aggregate Investment of any Exiting Purchasers in respect of each Receivable Pool, (K) in respect of each of the Receivable Pools which comprise the Combined Receivable Pools, each such Receivable Pool’s Pro Rata Share of the excess amounts under clause (E) and clause (G) above, and (L) the aggregate Early Termination Lease Dilution Amounts for the preceding Settlement Period. Such calculations shall be based upon the assumption that Collections in respect of each Receivable Pool set aside pursuant to Section 1.3 (and not otherwise applied in accordance with such Section) will be paid to the applicable Purchaser Agent for the benefit of the applicable Purchasers in its Purchaser Group in accordance with the related Purchaser Group’s Proportionate Ratable Share of such Collections on the Settlement Date for the Settlement Period related to such Reporting Date.