World Omni Auto Receivables Trust 2022-D
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Monthly Servicer Certificate
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October 31, 2023
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Dates Covered
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Collections Period
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10/01/23 - 10/31/23
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Interest Accrual Period
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10/16/23 - 11/14/23
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30/360 Days
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30
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Actual/360 Days
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30
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Distribution Date
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11/15/23
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Collateral Pool Balance Data
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$ Amount
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# of Accounts
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Pool Balance at 09/30/23
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680,088,201.13
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35,554
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Yield Supplement Overcollateralization Amount 09/30/23
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77,877,434.55
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0
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Receivables Balance 09/30/23
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757,965,635.68
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35,554
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Principal Payments
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27,139,727.53
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1,081
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Defaulted Receivables
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757,821.61
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37
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Repurchased Accounts
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0.00
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0
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Yield Supplement Overcollateralization Amount at 10/31/23
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74,089,249.08
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0
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Pool Balance at 10/31/23
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655,978,837.46
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34,436
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Pool Statistics
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$ Amount
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# of Accounts
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Pool Factor
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63.12
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%
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Prepayment ABS Speed
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1.47
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%
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Aggregate Starting Principal Balance
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1,156,658,989.82
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50,043
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Delinquent Receivables:
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Past Due 31-60 days
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8,515,242.80
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350
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Past Due 61-90 days
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2,656,442.58
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104
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Past Due 91-120 days
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624,036.11
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25
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Past Due 121+ days
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0.00
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0
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Total
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11,795,721.49
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479
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Total 31+ Delinquent as % Aggregate Ending Principal Balance
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1.62
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%
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Total 61+ Delinquent as % Aggregate Ending Principal Balance
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0.45
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%
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Delinquency Trigger Occurred
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NO
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Recoveries
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386,557.12
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Aggregate Net Losses/(Gains) - October 2023
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371,264.49
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Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
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Current Net Losses/(Gains) Ratio
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0.59
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%
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Prior Net Losses/(Gains) Ratio
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0.21
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%
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Second Prior Net Losses/(Gains) Ratio
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0.30
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%
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Third Prior Net Losses/(Gains) Ratio
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0.61
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%
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Four Month Average
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0.43
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%
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Cumulative Net Loss as a % of Aggregate Starting Principal Balance
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0.25
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%
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Overcollateralization Target Amount
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5,903,809.54
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Actual Overcollateralization
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5,903,809.54
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Weighted Average Contract Rate
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5.04
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%
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Weighted Average Contract Rate, Yield Adjusted
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10.45
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%
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Weighted Average Remaining Term
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52.14
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Flow of Funds
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$ Amount
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Collections
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30,668,256.20
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Investment Earnings on Cash Accounts
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27,213.26
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Servicing Fee
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(631,638.03
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Transfer to Collection Account
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-
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Available Funds
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30,063,831.43
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Distributions of Available Funds
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(1) Asset Representation Reviewer Amounts (up to $150,000 per year)
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-
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(2) Class A Interest
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2,967,502.25
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(3) Noteholders' First Priority Principal Distributable Amount
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-
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(4) Class B Interest
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-
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(5) Noteholders' Second Priority Principal Distributable Amount
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2,628,569.86
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(6) Class C Interest
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-
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(7) Noteholders' Third Priority Principal Distributable Amount
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15,360,000.00
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(8) Required Reserve Account
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-
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(9) Noteholders' Principal Distributable Amount
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5,903,809.54
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(10) Asset Representation Reviewer Amounts (in excess of 1)
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-
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(11) Distribution to Certificateholders
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3,203,949.78
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Total Distributions of Available Funds
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30,063,831.43
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Servicing Fee
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631,638.03
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Unpaid Servicing Fee
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-
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Change in amount of the unpaid servicing fee from the prior period
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-
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Distribution per $1,000 of Notes
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Total
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Total Interest Distribution Amount
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2.9056411
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Total Interest Carryover Shortfall
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0.0000000
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Total Principal Distribution Amount
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23.3943144
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Total Distribution Amount
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26.2999555
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A-1 Interest Distribution Amount
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0.0000000
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A-1 Interest Carryover Shortfall
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0.0000000
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A-1 Principal Distribution Amount
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0.0000000
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Total A-1 Distribution Amount
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0.0000000
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A-2a Interest Distribution Amount
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2.8501353
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A-2a Interest Carryover Shortfall
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0.0000000
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A-2a Principal Distribution Amount
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66.9554405
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Total A-2a Distribution Amount
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69.8055758
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A-2b Interest Distribution Amount
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3.1916911
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A-2b Interest Carryover Shortfall
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0.0000000
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A-2b Principal Distribution Amount
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66.9554406
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Total A-2b Distribution Amount
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70.1471317
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A-3 Interest Distribution Amount
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4.6750000
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A-3 Interest Carryover Shortfall
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0.0000000
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A-3 Principal Distribution Amount
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0.0000000
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Total A-3 Distribution Amount
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4.6750000
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A-4 Interest Distribution Amount
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4.7500000
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A-4 Interest Carryover Shortfall
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0.0000000
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A-4 Principal Distribution Amount
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0.0000000
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Total A-4 Distribution Amount
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4.7500000
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B Interest Distribution Amount
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0.0000000
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B Interest Carryover Shortfall
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0.0000000
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B Principal Distribution Amount
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0.0000000
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Total B Distribution Amount
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0.0000000
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C Interest Distribution Amount
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0.0000000
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C Interest Carryover Shortfall
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0.0000000
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C Principal Distribution Amount
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0.0000000
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Total C Distribution Amount
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0.0000000
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Noteholders' First Priority Principal Distributable Amount
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0.00
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Noteholders' Second Priority Principal Distributable Amount
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110.02
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Noteholders' Third Priority Principal Distributable Amount
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642.88
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Noteholders' Principal Distributable Amount
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247.10
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Account Balances
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$ Amount
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Reserve Account
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Balance as of 10/16/23
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5,106,453.81
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Investment Earnings
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22,767.65
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Investment Earnings Paid
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(22,767.65
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Deposit/(Withdrawal)
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-
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Balance as of 11/15/23
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5,106,453.81
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Change
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-
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Required Reserve Amount
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5,106,453.81
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Other Servicing Information
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Current Month
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Prior Month
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Two Months Prior
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Principal Balance of Receivables extended during the Collection Period
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$
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4,455,107.01
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$
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4,459,937.04
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$
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5,311,743.39
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Number of Extensions
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162
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148
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179
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Ratio of extensions to Beginning of Period Receivables Balance
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0.59
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%
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0.57
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%
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0.65
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%
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