Undivided Interest. If the interest claimed by Owner in any portion of the Property is less than one hundred percent (100%), the interest claimed by Owner is set forth in Exhibit A. Any representation or warranty of title made by Owner shall apply only to the interest set forth in Exhibit A.

Undivided Interest. For purposes of this Agreement, "Undivided Interest" means, at any time, an undivided percentage ownership interest at such time in (i) all then outstanding Pool Receivables, (ii) all Related Securitywith respect to such Pool Receivables, (iii) all Collections with respect to, and other proceeds of, such Pool Receivables, (iv) all lock- boxes and accounts to which such Collections are sent or deposited, and all cash and investmentsfrom time to time therein, in each case, to the extent of Collections of Pool Receivables therein, (v) all of Seller's rights, interests and claims under the Purchase and Sale Agreement, (vi) all books and records (including computer tapes and disks) to the extent relating tothe foregoing and (vii) all proceeds of the foregoing (collectively, the "Pool Assets"). Such undivided percentage interest for any time for such Undivided Interest shall be computed as: RA = PI+DF+SFR+LR+DR = PI+[ED+ROD]+[SF+ROSF]+LR+DR --- --------------- --------------------------- NPB NPB NPB where: ----- RA = Required Allocation of such Undivided Interest = PI + DF + SFR + LR + DR; PI = the Purchasers' Investment as to such Undivided Interest at the time of such computation, as determined per Section 2.03; DF = the Discount Factor of such Undivided Interest at the time of such computation, as determined per Section 2.04; SFR = the Servicer's Fee Reserve of such Undivided Interest at the time of such computation, as determined per Section 2.07; ED = Earned Discount of such Undivided Interest at the time of computation, as determined per Section 2.04; ROD = Run Off Discount of such Undivided Interest at the time of computation, as determined per Section 2.06; SF = Servicer's Fee of such Undivided Interest at the time of computation, as determined per Section 2.07; ROSF = Run Off Servicer's Fee of such Undivided Interest at the time of such computation, as determined per Section 2.07;