Sharing Collections Sample Clauses

Sharing Collections. To the extent that Principal Collections that are allocated to the Series 1998-1 Notes on a Payment Date are not needed to make payments of principal to Series 1998-1 Noteholders or required to be deposited in the Series 1998-1 Distribution Account on such Payment Date, such Principal Collections may, at the written direction of the Master Servicer, be applied to cover principal payments due to or for the benefit of Noteholders of other Group II Series of Notes. Any such reallocation will not result in a reduction of the Aggregate Principal Balance or in the Invested Amount of the Series 1998-1 Notes.
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Sharing Collections. In the manner described in the related Indenture Supplement, to the extent that Collections that are allocated to any Series on a Deposit Date are not needed to make payments to Investor Noteholders of such Series or required to be deposited in a Series Account for such Series on such Deposit Date, such Collections may, at the direction of the Issuer, be applied to cover principal payments due to or for the benefit of Investor Noteholders of another Series. Any such reallocation will not result in a reduction in the Invested Amount of the Series to which such Collections were initially allocated.
Sharing Collections. To the extent that Principal Collections that are allocated to any Series on a Distribution Date are not needed to make payments to Noteholders of such Series or required to be deposited in a Distribution Account for such Series on such Distribution Date, such Principal Collections may at the direction of the Servicer, be applied to cover principal payments due to or for the benefit of Noteholders of another Series. Any such reallocation will not result in a reduction of the Principal Balance or Invested Amount of the Series to which such Principal Collections were initially allocated.
Sharing Collections. To the extent that Principal Collections that are allocated to the Series 2010-3 Notes on or before a Payment Date are not needed to make payments of principal to Series 2010-3 Noteholders or required to be deposited in the Series 2010-3 Distribution Account on such Payment Date, such Principal Collections may, at the written direction of the Master Servicer, be applied to cover principal payments due to or for the benefit of Noteholders of other Group VII Series of Notes. Any such reallocation will not result in a reduction of the Aggregate Principal Balance of the Series 2010-3 Notes or in the Series 2010-3 Invested Amount.
Sharing Collections. In the manner described in the applicable Series Supplement for a Series of Notes, to the extent that Principal Collections that are allocated to any Series of Notes on a Payment Date are not needed to make payments to Noteholders of such Series of Notes or required to be deposited in a Series Account for such Series of Notes on such Payment Date, such Principal Collections may, at the direction of ZVF, be applied to cover principal payments due to or for the benefit of Noteholders of another Series of Notes. Any such reallocation will not result in a reduction in the Principal Amount of the Series of Notes to which such Principal Collections were initially allocated.
Sharing Collections. In the manner described in the related Series Supplement, to the extent that Principal Collections that are allocated to any Series of Group I Notes are not needed to make payments to Noteholders of such Series of Group I Notes or required to be deposited in a reserve account or a Distribution Account for such Series of Group I Notes, such Principal Collections, subject to any restrictions in such related Series Supplement, may, at the direction of the Issuer, be applied to cover principal payments due to or for the benefit of Noteholders of another Series of Group I Notes. Any such reallocation will not result in a reduction in the Invested Amount of the Series to which such Principal Collections were initially allocated.
Sharing Collections. In the manner described in the related Series Supplement, to the extent that Principal Collections that are allocated to any Series are not needed to make payments to Noteholders of such Series or required to be deposited in a reserve account or a Distribution Account for such Series, such Principal Collections may, at the direction of ARG, be applied to cover principal payments due to or for the benefit of Noteholders of another Series. Any such reallocation will not result in a reduction in the Invested Amount of the Series to which such Principal Collections were initially allocated.
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Sharing Collections. To the extent that Principal Collections that are allocated to any Series on a Payment Date are not needed to make payments of principal to Noteholders of such Series or required to be deposited in a Distribution Account for such Series on such Payment Date, such Principal Collections may, at the direction of the Master Servicer, be applied to cover principal payments due to or for the benefit of Noteholders of another Series sharing in the same Group of Segregated Collateral. Any such reallocation will not result in a reduction of the Aggregate Principal Balance or in the Invested Amount of the Series to which such Principal Collections were initially allocated.
Sharing Collections. In the manner described in the related Indenture Supplement, to the extent that Collections that are allocated to any Series are not needed to make 18 24 payments to Investor Noteholders of such Series or required to be deposited in a Series Collection Subaccount or Series Account for such Series on any Settlement Date, such Collections may, at the direction of the Issuer, be applied to cover principal payments due to or for the benefit of Investor Noteholders of another Series. Any such reallocation will not result in a reduction in the Invested Amount of the Series to which such Collections were initially allocated.
Sharing Collections. To the extent that Principal Collections that are allocated to the Series 2003-1 Notes on a Payment Date are not needed to make payments of principal to Series 2003-1 Noteholders or required to be deposited in the Series 2003-1 Distribution Account on such Payment Date, such Principal Collections may, at the direction of the Master Servicer, be applied to cover principal payments due to or for the benefit of Noteholders of other Group III Series of Notes. Any such reallocation will not result in a reduction of the Aggregate Principal Balance or the Series 2003-1 Invested Amount. In addition, for purposes of Section 4.2(a) of the Base Indenture, the Master Servicer in its capacity as such under the Master Lease shall cause all Collections allocable to Group III Collateral in accordance with the Indenture and the Master Collateral Agency Agreement, as applicable, to be paid directly into the Group III Collection Account or the Master Collateral Account, as applicable.
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