Undivided Interest and Purchasers Share Clause Samples

Undivided Interest and Purchasers Share. 5 Section 2.1. Undivided Interest................................................................5 Section 2.2. Purchaser's Investment............................................................7 Section 2.3. Net Pool-Balance..................................................................8 Section 2.4. Shares............................................................................9 ARTICLE III SETTLEMENTS.........................................................................................10 Section 3.1. Non-Run Off Settlement Procedures for Collections................................10 Section 3.2. Run Off-Settlement Procedures for Collections....................................11 Section 3.3. Special Settlement Procedures: Reduction of Purchaser's Investment, Etc..........12 Section 3.4. Reporting........................................................................14 Section 3.5. Payments and Computations, Etc...................................................14 Section 3.6. Dividing or Combining Undivided Interests........................................15 Section 3.7. Treatment of Collections and Deemed Collections..................................16

Undivided Interest and Purchasers Share. SECTION 2.1. Undivided Interest............................................................6 SECTION 2.2. Purchaser's Investment........................................................7 SECTION 2.3. Net Pool-Balance..............................................................9 SECTION 2.4. Shares........................................................................9

Undivided Interest and Purchasers Share