Common use of Addition of Accounts Clause in Contracts

Addition of Accounts. (a) (i) If, (A) during any period of thirty consecutive days, the Seller Interest averaged over that period is less than the Minimum Seller Interest for that period the Seller shall designate additional eligible MasterCard, VISA or American Express accounts from the Bank Portfolio (“Additional Accounts”) to be included as Accounts in a sufficient amount such that the average of the Seller Interest as a percentage of the Average Principal Receivables for such 30 day period, computed by assuming that the amount of the Principal Receivables of such Additional Accounts shall be deemed to be outstanding in the Trust during each day of such 30-day period, is at least equal to the Minimum Seller Interest, or (B) on any Record Date the aggregate amount of Principal Receivables is less than the Minimum Aggregate Principal Receivables (as adjusted for any Series having a Companion Series as described in the Supplement for such Series), the Seller shall designate Additional Accounts to be included as Accounts in a sufficient amount such that the aggregate amount of Principal Receivables will be equal to or greater than the Minimum Aggregate Principal Receivables. Receivables from such Additional Accounts shall be transferred to the Trust on or before the tenth Business Day following such thirty-day period or Record Date, as the case may be.

Addition of Accounts. (a) (i) If, (Ai) during any period of thirty consecutive daysMonthly Period, the Seller Transferor Interest averaged over that period is less than the Minimum Seller Transferor Interest (calculated using the Average Principal Receivables for that period such Monthly Period as the Seller Aggregate Principal Receivables on the date of determination), Transferor shall designate additional eligible MasterCard, MasterCard or VISA or American Express accounts from the Bank Portfolio (“Additional Accounts”) to be included as Accounts in a sufficient amount such that the average of the Seller Transferor Interest as a percentage of the Average Principal Receivables for such 30 day periodMonthly Period, computed by assuming that the amount of the Average Principal Receivables of such Additional Accounts shall be deemed to be outstanding in the Trust during each day of such 30-day periodMonthly Period, is at least equal to the Minimum Seller Transferor Interest, or (Bii) on any Record Date the aggregate amount of Aggregate Principal Receivables is less than the Minimum Aggregate Principal Receivables (as adjusted for any Series having a Companion Series as described in the Supplement for such Series)Receivables, the Seller Transferor shall designate Additional Accounts to be included as Accounts in a sufficient amount such that the aggregate amount of Aggregate Principal Receivables will be equal to or greater than the Minimum Aggregate Principal Receivables. Receivables from such Additional Accounts shall be transferred to the Trust Issuer on or before the tenth Business Day following such thirty-day period or Record DateMonthly Period; provided, as however, that to the case may beextent Transferor designates Additional Accounts with Principal Receivables substantially in excess of the amount of Principal Receivables required under this subsection 2.06(a), such excess shall be deemed to be optional Additional Accounts under subsection 2.06(b) below and will be permitted to be so designated solely to the extent permitted by subsection 2.06(b).

Addition of Accounts. (a) (i) If, (Ai) during any period of thirty consecutive days, the Seller Transferor Interest averaged over that period is less than 5% (or such higher percentage as may be specified in any Supplement, such percentage the "Minimum Seller Interest for that period Transferor Interest") of the Seller Average Principal Receivables, the Transferor shall designate additional eligible MasterCard, MasterCard or VISA or American Express accounts from the Bank Portfolio (“"Additional Accounts”") to be included as Accounts in a sufficient amount such that the average of the Seller Transferor Interest as a percentage of the Average Principal Receivables for such 30 30-day period, computed by assuming that the amount of the Average Principal Receivables of such Additional Accounts shall be deemed to be outstanding in the Trust during each day of such 30-day period, is at least equal to the Minimum Seller Transferor Interest, or (Bii) on any Record Date the aggregate amount of Principal Receivables is less than the Minimum Aggregate Principal Receivables (as adjusted for any Series having a Companion Series as described in the Supplement for such Series)Receivables, the Seller Transferor shall designate Additional Accounts to be included as Accounts in a sufficient amount such that the aggregate amount of Principal Receivables will be equal to or greater than the Minimum Aggregate Principal Receivables. Receivables from such Additional Accounts shall be transferred to the Trust on or before the tenth Business Day following such thirty-day period or Record Date, as the case may be.

Addition of Accounts. (a) (i) If, (A) during at the end of any period of thirty consecutive daysMonthly Period, the Seller Interest averaged over that period Free Equity Amount is less than the Minimum Seller Interest for that period the Free Equity Amount, Seller shall require Originator to designate additional eligible MasterCard, VISA or American Express accounts from Eligible Accounts to be included as “Accounts” under (and as defined in) the Bank Portfolio Receivables Sale Agreement, and Seller shall in turn designate such accounts (“Additional Accounts”) to be included as Accounts for purposes of this Agreement in a sufficient amount such that the average Free Equity Amount at the end of the Seller Interest as a percentage of the Average Principal Receivables for such 30 day periodMonthly Period, computed by assuming that on a pro forma basis as if the amount of Additional Accounts had been designated prior to the Principal Receivables end of such Additional Accounts shall be deemed to be outstanding in the Trust during each day of such 30-day periodMonthly Period, is at least equal to the Minimum Seller InterestFree Equity Amount (if any). In addition, or (B) on if, at the end of any Record Date Monthly Period, the aggregate amount of Note Trust Principal Receivables Balance is less than the Minimum Aggregate Required Principal Receivables (as adjusted for any Series having a Companion Series as described in the Supplement for such Series)Balance, the Seller shall require Originator to designate Additional additional Eligible Accounts to be included as “Accounts” under the Bank Receivables Sale Agreement, and Seller shall in turn designate such accounts as Additional Accounts for purposes of this Agreement in a sufficient amount such that the aggregate amount of Note Trust Principal Receivables Balance will be equal to or greater than the Minimum Aggregate Required Principal ReceivablesBalance. Receivables from such Additional Accounts shall be transferred to the Trust Buyer on or before the tenth Business Day following such thirty-day period or Record DateMonthly Period. To the extent Seller designates Additional Accounts with Principal Receivables substantially in excess of the amount of Principal Receivables required under this subsection 2.6(a), as such excess shall be deemed to be optional Additional Accounts under subsection 2.6(b) below and will be permitted to be so designated solely to the case may beextent permitted by subsection 2.6(b).

Addition of Accounts. (a) (i) If, (A) during any period of thirty consecutive daysMonthly Period, the Seller Transferor Interest averaged over that period is less than the Minimum Seller Transferor Interest (calculated using the Average Principal Receivables for that period such Monthly Period as the Seller aggregate Principal Receivables on the date of determination), the Transferor shall designate additional eligible MasterCard, MasterCard or VISA or American Express accounts from the Bank Portfolio (“"Additional Accounts”") to be included as Accounts in a sufficient amount such that the average of the Seller Transferor Interest as a percentage of the Average Principal Receivables for such 30 day periodMonthly Period, computed by assuming that the amount of the Average Principal Receivables of such Additional Accounts shall be deemed to be outstanding in the Trust during each day of such 30-day periodMonthly Period, is at least equal to the Minimum Seller Transferor Interest, or (B) on any Record Date the aggregate amount of Principal Receivables is less than the Minimum Aggregate Principal Receivables (as adjusted for any Series having a Companion Series as described in the Supplement for such Series), the Seller shall designate Additional Accounts to be included as Accounts in a sufficient amount such that the aggregate amount of Principal Receivables will be equal to or greater than the Minimum Aggregate Principal Receivables. Receivables from such Additional Accounts shall be transferred to the Trust on or before the tenth Business Day following such thirty-day period or Record DateMonthly Period; provided, as however, that to the case may beextent the Transferor designates Additional Accounts with Principal Receivables substantially in excess of the amount of Principal Receivables required under this subsection 2.06(a), such excess shall be deemed to be optional Additional Accounts under subsection 2.06(b) below and will be permitted to be so designated solely to the extent permitted by subsection 2.06(b).

Addition of Accounts. (a) (i) If, (A) during any period of thirty consecutive daysMonthly Period ending on or after the Certificate Trust Termination Date, the Seller Transferor Interest averaged over that period is less than the Minimum Seller Transferor Interest (calculated using the Average Principal Receivables for that period such Monthly Period as the Seller Aggregate Principal Receivables on the date of determination), Transferor shall designate additional eligible MasterCard, MasterCard or VISA or American Express accounts from the Bank Portfolio (“"Additional Accounts”") to be included as Accounts in a sufficient amount such that the average of the Seller Transferor Interest as a percentage of the Average Principal Receivables for such 30 day periodMonthly Period, computed by assuming that the amount of the Average Principal Receivables of such Additional Accounts shall be deemed to be outstanding in the Trust during each day of such 30-day periodMonthly Period, is at least equal to the Minimum Seller Transferor Interest. For purposes of the preceding sentence, or (B) on any Record Date the aggregate amount of Principal Receivables is less than terms "Transferor Interest" and "Minimum Transferor Interest" shall have the Minimum Aggregate Principal Receivables (as adjusted for any Series having a Companion Series as described meanings assigned to such terms in the Supplement for such Series), Pooling and Servicing Agreement with respect to any day prior to the Seller shall designate Additional Accounts to be included as Accounts in a sufficient amount such that the aggregate amount of Principal Receivables will be equal to or greater than the Minimum Aggregate Principal ReceivablesCertificate Trust Termination Date. Receivables from such Additional Accounts shall be transferred to the Trust Issuer on or before the tenth Business Day following such thirty-day period or Record DateMonthly Period; provided, as however, that to the case may beextent Transferor designates Additional Accounts with Principal Receivables substantially in excess of the amount of Principal Receivables required under this subsection 2.06(a), such excess shall be deemed to be optional Additional Accounts under subsection 2.06(b) below and will be permitted to be so designated solely to the extent permitted by subsection 2.06(b).

Addition of Accounts. (a) (i) If, (Ai) during any period of thirty consecutive daysMonthly Period, the Seller Transferor Interest averaged over that period is less than the Minimum Seller Transferor Interest (calculated using the Average Principal Receivables for that period such Monthly Period as the Seller aggregate Principal Receivables on the date of determination), the Transferor shall designate additional eligible MasterCard, MasterCard or VISA or American Express accounts from the Bank Portfolio (“"Additional Accounts”") to be included as Accounts in a sufficient amount such that the average of the Seller Transferor Interest as a percentage of the Average Principal Receivables for such 30 day periodMonthly Period, computed by assuming that the amount of the Average Principal Receivables of such Additional Accounts shall be deemed to be outstanding in the Trust during each day of such 30-day periodMonthly Period, is at least equal to the Minimum Seller Transferor Interest, or (Bii) on any Record Date the aggregate amount of Principal Receivables in the Trust is less than the Minimum Aggregate Principal Receivables (as adjusted for any Series having a Companion Series as described in the Supplement for such Series)Receivables, the Seller Transferor shall designate Additional Accounts to be included as Accounts in a sufficient amount such that the aggregate amount of Principal Receivables will be equal to or greater than the Minimum Aggregate Principal Receivables. Receivables from such Additional Accounts shall be transferred to the Trust on or before the tenth Business Day following such thirty-day period Monthly Period or Record Date; provided, as however, that to the case may beextent the Transferor designates Additional Accounts with Principal Receivables substantially in excess of the amount of Principal Receivables required under this subsection 2.06(a), such excess shall be deemed to be optional Additional Accounts under subsection 2.06(b) below and will be permitted to be so designated solely to the extent permitted by subsection 2.06(b).