Common use of Additional Accounts Clause in Contracts

Additional Accounts. (a) If, from time to time, the Purchaser becomes obligated to designate Supplemental Accounts pursuant to Section 2.09(a)(i) of the Transfer and Servicing Agreement, then the Purchaser may, at its option, give the Seller written notice thereof on or before the tenth Business Day (the "Addition Notice Date") prior to the Addition Date therefor, and upon receipt of such notice the Seller shall on or before the Addition Date, designate sufficient Eligible Accounts to be included as Supplemental Accounts so that after the inclusion thereof the Purchaser will be in compliance with the requirements of Section 2.09(a)(i) of the Transfer and Servicing Agreement. Additionally, subject to Sections 2.09(b) and (c) of the Transfer and Servicing Agreement and Section 2.02(b), from time to time Eligible Accounts may be designated to be included as Supplemental Accounts, upon the mutual agreement of the Purchaser and the Seller. In either event, the Seller shall have sole responsibility for selecting such Supplemental Accounts. (b) On the Addition Date with respect to any designation by the Seller of Eligible Accounts to be Supplemental Accounts pursuant to Section 2.02(a), the Purchaser shall purchase the Seller's right, title and interest in, to and under the Receivables in such Supplemental Accounts (and such Receivables shall be deemed to be Transferred Receivables) and the related Purchased Assets, subject to the satisfaction of the following conditions on such Addition Date: (i) all such Supplemental Accounts shall be Eligible Accounts; (ii) the Seller shall have delivered to the Purchaser copies of UCC-1 financing statements covering such Supplemental Accounts, if necessary to perfect the Purchaser's interest in the Receivables arising therein; (iii) to the extent required of the Purchaser by Section 2.09(c) of the Transfer and Servicing Agreement, the Seller shall have transferred to the Servicer for deposit in the Collection Account all Collections with respect to such Supplemental Accounts since the Addition Cut-Off Date; (iv) as of each of the Addition Cut-Off Date and the Addition Date, no Insolvency Event with respect to the Seller shall have occurred nor shall the transfer of the Receivables arising in the Supplemental Accounts to the Purchaser have been made in contemplation of the occurrence thereof; (v) the Rating Agency Condition shall have been satisfied with respect to such Addition; (vi) the Seller shall have delivered to the Purchaser an Officer's Certificate, dated the Addition Date, confirming, to the extent applicable, the items set forth in clauses (i) through (v) above; and (vii) the transfer of the Transferred Receivables arising in the Supplemental Accounts to the Purchaser will not result in an Adverse Effect and, in the case of such Supplemental Accounts, the Seller shall have delivered to the Purchaser an Officer's Certificate, dated the related Addition Date, stating that the Seller reasonably believes that the transfer of the Receivables arising in such Supplemental Accounts to the Purchaser will not have an Adverse Effect. (c) In addition to designating Additional Accounts pursuant to clause (a) above, the Seller may, subject to the satisfaction by the Purchaser of the conditions relating to the designation by the Purchaser of Accounts to the Trust set forth in Section 2.09(a)(iii) of the Transfer and Servicing Agreement, automatically convey newly originated Eligible Accounts to the Purchaser upon their establishment.

Additional Accounts. All newly arising Eligible Accounts shall be deemed to have been designated for inclusion as and shall be included as Accounts from and after the date upon which they are created or otherwise arise. All Receivables in Additional Accounts on the applicable Addition Date shall be deemed to have been Conveyed to the Trust on such Addition Date and all Receivables thereafter created in any Additional Account, shall be transferred automatically to the Trust upon their creation. Conditions to Additions. The Transferor agrees that any such Conveyance of Receivables from Additional Accounts under Section 2.6(a) shall satisfy the following conditions (a) If, from time to time, the Purchaser becomes obligated to designate Supplemental Accounts pursuant to Section 2.09(a)(i) of the Transfer and Servicing Agreement, then the Purchaser may, at its option, give the Seller written notice thereof extent provided below): on or before the tenth Business Day (last day of any Due Period in which one or more Addition Dates has occurred, the "Addition Notice Date") prior Servicer shall have indicated in its computer files that the Receivables created in connection with the applicable Additional Accounts have been Conveyed to the Trust and, within five Business Days of the last day of such Due Period, the Servicer (on behalf of the Transferor) shall have delivered to the Trustee a computer file in ASCII Flat File format containing a true and complete list of all Additional Accounts, identified by account number and the aggregate amount of the Receivables in such Additional Accounts, as of the applicable Addition Date, which computer file shall be as of each applicable Addition Date thereforincorporated into and made a part of Schedule I to this Agreement; the Transferor shall be deemed to represent and warrant that, as of each Addition Date, no selection procedures believed by the Transferor to be materially adverse to the interests of the Investor Certificateholders were utilized in selecting the Additional Accounts from the Originator Portfolio and upon receipt that as of such notice the Seller shall on or before the Addition Date, designate sufficient Eligible Accounts the Transferor is not insolvent; the Transferor shall be deemed to be included represent and warrant that, as Supplemental Accounts so that after the inclusion thereof the Purchaser will be in compliance with the requirements of Section 2.09(a)(i) of the Transfer and Servicing Agreement. AdditionallyAddition Date, subject to Sections 2.09(b) and (c) the Conveyance of the Transfer and Servicing Agreement and Section 2.02(b), from time applicable Receivables to time Eligible Accounts may be designated the Trust constitutes either (x) a valid sale to be included as Supplemental Accounts, upon the mutual agreement Trust of the Purchaser and the Seller. In either event, the Seller shall have sole responsibility for selecting such Supplemental Accounts. (b) On the Addition Date with respect to any designation by the Seller of Eligible Accounts to be Supplemental Accounts pursuant to Section 2.02(a), the Purchaser shall purchase the Seller's all right, title and interest inof the Transferor in and to the Receivables then existing and thereafter created from time to time in the Additional Accounts until the termination of the Trust, all monies due or to become due with respect thereto, all Collections, all Recoveries, all rights, remedies, powers and privileges with respect to the Receivables, and all proceeds of the foregoing and such property will be held by the Trust free and clear of any Lien (other than Permitted Liens) of any Person claiming through or under the Transferor or any of its Affiliates, or (y) a grant of a security interest (as defined in the UCC as in effect in any applicable jurisdiction) in such property to the Trust, which is enforceable with respect to then existing Receivables in such Supplemental Accounts (the Additional Accounts, all monies due or to become due with respect thereto, all Collections, all Recoveries, and all proceeds of the foregoing, upon the Conveyance of such Receivables to the Trust, and which will be enforceable with respect to the Receivables thereafter created from time to time in respect of the applicable Additional Accounts until the termination of the Trust, all monies due or to become due with respect thereto, all Collections, all Recoveries, all rights, remedies, powers and privileges with respect to the Receivables, and all proceeds of the foregoing upon such creation; and (z) if the Conveyance of such Receivables constitutes the grant of a security interest to the Trust in such property, the Trust shall have a first priority perfected security interest in all then existing or thereafter created from time to time in such Additional Accounts until the termination of the Trust, monies due or to become due with respect thereto, all Collections, all Recoveries, all rights, remedies, powers and privileges with respect to the Receivables, and proceeds of the foregoing, upon the creation of such property (subject to Section 9-315 of the UCC as in effect in any applicable jurisdiction), free and clear of any Lien (other than Permitted Liens) of any Person claiming through or under the Transferor or any of its Affiliates; the Transferor shall be deemed to be Transferred Receivablesrepresent and warrant that (A) and the related Purchased Assetseach Additional Account is, subject to the satisfaction as of the following conditions on applicable Addition Date, an Eligible Account, and (B) each Receivable in such Additional Account is, as of such Addition Date: (i) all such Supplemental Accounts shall be , an Eligible Accounts; (ii) Receivable; and on the Seller shall last day of any Due Period in which Receivables have delivered been Conveyed to the Purchaser copies of UCC-1 financing statements covering such Supplemental AccountsTrust, if necessary to perfect the Purchaser's interest in the Receivables arising therein; (iii) Transferor shall deliver to the extent required of the Purchaser by Section 2.09(c) of the Transfer and Servicing Agreement, the Seller shall have transferred to the Servicer for deposit in the Collection Account all Collections with respect to such Supplemental Accounts since the Addition Cut-Off Date; (iv) as of each of the Addition Cut-Off Date and the Addition Date, no Insolvency Event with respect to the Seller shall have occurred nor shall the transfer of the Receivables arising in the Supplemental Accounts to the Purchaser have been made in contemplation of the occurrence thereof; (v) the Rating Agency Condition shall have been satisfied with respect to such Addition; (vi) the Seller shall have delivered to the Purchaser Trustee an Officer's Certificate, dated Certificate substantially in the Addition Date, confirming, to the extent applicable, form of Exhibit B confirming the items set forth in clauses (iii), (iii) through and (viv) above; and (vii) the transfer of the Transferred Receivables arising in the Supplemental Accounts to the Purchaser will not result in an Adverse Effect and, in the case of such Supplemental Accounts, the Seller . No account shall have delivered to the Purchaser an Officer's Certificate, dated the related Addition Date, stating that the Seller reasonably believes that the transfer of the Receivables arising in such Supplemental Accounts to the Purchaser will not have an Adverse Effect. (c) In addition to designating Additional Accounts pursuant to clause (a) above, the Seller may, subject to the satisfaction by the Purchaser of the conditions relating to the designation by the Purchaser of Accounts be added to the Trust set forth in Section 2.09(a)(iii) hereunder if such addition would be prohibited by or inconsistent with the terms of the Transfer and Servicing Agreement, automatically convey newly originated Eligible Accounts to the Purchaser upon their establishmentany Supplement.

Additional Accounts. (a) If, from time to time, If the Purchaser becomes obligated to designate Supplemental Accounts pursuant to Section 2.09(a)(i) of the Transfer and Servicing Agreement, then the Purchaser may, at its option, give the Seller written notice thereof on or before the tenth Business Day (the "each, an “Addition Notice Date"”) prior to the Addition Date therefor, and upon receipt of such notice the Seller shall on or before the Addition Date, designate sufficient Eligible Accounts to be included as Supplemental Accounts so that after the inclusion thereof the Purchaser will be in compliance with the requirements of Section 2.09(a)(i) of the Transfer and Servicing Agreement. Additionally, subject to Sections 2.09(b) and (c) of the Transfer and Servicing Agreement and Section 2.02(b)) hereof, the Seller may from time to time designate Eligible Accounts may be designated to be included as Supplemental Accounts, upon the mutual agreement of the Purchaser and the Seller. In either event, the Seller shall have sole responsibility for selecting such Supplemental Accounts. (b) On the Addition Date with respect to any designation by the Seller of Eligible Accounts to be Supplemental Accounts pursuant to Section 2.02(a), the Purchaser shall purchase the Seller's ’s right, title and interest in, to and under the Receivables in such Supplemental Accounts (and such Receivables shall be deemed to be Transferred Receivables) and the related Purchased Assets, subject to the satisfaction of the following conditions on such Addition Date: (i) all such Supplemental Accounts shall be Eligible AccountsAccounts as of the Addition Cut-Off Date; (ii) the Seller shall have delivered to the Purchaser copies of UCC-1 financing statements covering such Supplemental Accounts, if necessary to perfect the Purchaser's ’s interest in the Receivables arising thereintherein and the related Purchased Assets; (iii) to the extent required of the Purchaser by Section 2.09(c) of the Transfer and Servicing Agreement, the Seller shall have transferred to the Servicer for deposit in the Collection Account all Collections with respect to such Supplemental Accounts since the Addition Cut-Off Date; (iv) as of each of the Addition Cut-Off Date and the Addition Date, no Insolvency Event with respect to the Seller shall have occurred nor shall the transfer of the Receivables arising in the Supplemental Accounts to the Purchaser have been made in contemplation of the occurrence thereof; (v) the Rating Agency Condition shall have been satisfied with respect to such AdditionAdditional Account; (vi) the Seller shall have delivered to the Purchaser an Officer's ’s Certificate, dated the Addition Date, confirming, to the extent applicable, the items set forth in clauses (i) through (v) above; and (vii) the transfer of the Transferred Receivables arising in the Supplemental Accounts to the Purchaser will not result in an Adverse Effect and, in the case of such Supplemental Accounts, the Seller shall have delivered to the Purchaser an Officer's ’s Certificate, dated the related Addition Date, stating that the Seller reasonably believes that the transfer of the Receivables arising in such Supplemental Accounts to the Purchaser will not have an Adverse Effect. (c) In addition to designating Additional Accounts pursuant to clause (a) aboveSection 2.02(a), the Seller may, subject to the satisfaction by the Purchaser of the conditions relating to the designation by the Purchaser of Accounts to the Trust set forth in Section 2.09(a)(iii) of the Transfer and Servicing Agreement, automatically convey newly originated Eligible Accounts to the Purchaser upon their establishment.

Additional Accounts. (a) If, from From time to time, the Purchaser becomes obligated to designate Supplemental Accounts pursuant to Section 2.09(a)(i) of the Transfer and Servicing Agreement, then the Purchaser may, at its option, give the Seller written notice thereof on or before the tenth Business Day (the "Addition Notice Date") time prior to the Addition Date therefor, and upon receipt of such notice the Seller shall on or before the Addition Termination Date, the Company and the Agent agree that, subject to the conditions set forth in Section 2.5(b) and the limitation contained in Section 2.5(c), HSB may designate sufficient Eligible Accounts additional revolving credit accounts to be included as Supplemental Accounts so that after hereunder the inclusion thereof Receivables of which shall be subject to the Purchaser will be in compliance with the requirements of Section 2.09(a)(iPurchased Interest ("Additional Accounts") as of the Transfer and Servicing Agreement. Additionally, subject to Sections 2.09(b) and close of business on any Collection Period End Date (c) of the Transfer and Servicing Agreement and Section 2.02(b"Additional Cut-Off Date"), from time to time Eligible Accounts may be designated to be included as Supplemental Accounts, upon the mutual agreement of the Purchaser and the Seller. In either event, the Seller shall have sole responsibility for selecting such Supplemental Accounts. (b) On HSB and the Addition Date with respect to Agent agree that any such designation by the Seller of Eligible Accounts to be Supplemental Accounts pursuant to Section 2.02(a), the Purchaser shall purchase the Seller's right, title and interest in, to and under the Receivables in such Supplemental subsection (a) of Additional Accounts (and such Receivables shall be deemed to be Transferred Receivables) and the related Purchased Assets, subject to the satisfaction of the following conditions on such Addition Date: conditions: (i) all On or before the seventh Business Day prior to the date of transfer (the "Addition Date") or, if the Seller Amount on any Collection Period End Date, as calculated on the fifth Business Day after such Supplemental Accounts Collection Period End Date is less than 5% of the Receivables Balance, on or before the Business Day prior to the Addition Date (which Addition Date shall be the second Business Day after the date of such calculation), HSB shall give the Company and the Agent written notice that Additional Accounts will be included as Accounts and specifying (A) the estimated aggregate balance of the Principal Receivables that are Eligible Accounts; Receivables as of the Additional Cut-Off Date in such Additional Accounts (which shall be definitively updated on or before the Addition Date), (B) the Merchants with respect to such Additional Accounts and (C) the most recently available historical information with respect to all individual revolving credit accounts maintained by HSB pursuant to the Merchant Agreements to which each of such Merchants is a party, presented separately for each Merchant. The Agent shall provide such information with respect to such Additional Accounts to the Rating Agencies; (ii) In connection with the Seller shall have delivered to the Purchaser copies addition of UCC-1 financing statements covering such Supplemental Additional Accounts, if necessary to perfect the PurchaserAgent shall not have notified HSB in writing on or before the third Business Day after the Agent's interest receipt of the notice described in clause (i) above, that, in the Receivables arising therein; reasonable determination of the Agent (accompanied by a calculation set forth in writing in reasonable detail and on the basis of the historical information provided by HSB pursuant to such clause (i) above), such addition would have a material adverse effect on the Portfolio Yield or the Delinquency Ratio; (iii) Either (A) each Rating Agency shall have notified the Agent in writing that the addition of such Additional Accounts will not result in a reduction or withdrawal of its rating of the Commercial Paper or (B) if (I) as of the last day of the immediately preceding calendar year, the number of Accounts designated as Additional Accounts pursuant to this Section 2.5 with respect to such calendar year or the amount of Principal Receivables in such Accounts, as applicable, as of the Additional Cut-Off Date with respect to each such Additional Account, is less than a number equal to 20% of the number of Accounts or the Receivables Balance, as applicable, in each case as of the first day of such calendar year; and, as of the last day of the immediately preceding three calendar month period, the number of Accounts designated as Additional Accounts pursuant to this Section 2.5 with respect to such three month period, or the amount of Principal Receivables in such Accounts, as applicable, as of the Addition Date with respect to each such Additional Account, is less than a number equal to 15% of the number of Accounts or the Receivables Balance, as applicable, in each case as of the first day of such three month period, and (II) the Merchants with respect to the extent required Additional Accounts are Merchants which have been reviewed by the Rating Agencies in connection with the Agreement, each Rating Agency will receive prior notice of the Purchaser by Section 2.09(c) addition of such Additional Accounts (together with the names of the Transfer and Servicing AgreementMerchants related to such Additional Accounts), but will not be required to affirm its rating of the Commercial Paper; provided, that in connection with an addition of Accounts because the Seller Amount is less than 5% of the Receivables Balance, such Rating Agency confirmation shall not be required; (iv) If the Agent does not provide the notice as described in clause (ii) above, HSB shall randomly select from Accounts generated with respect to the proposed Merchants, Eligible Additional Accounts having Principal Receivables that are Eligible Receivables with an aggregate unpaid balance as of such Additional Cut-Off Date substantially similar to that notified to the Agent pursuant to the parenthetical to Section 2.5(b)(i)(A). (v) The aggregate balance of the Principal Receivables in the Additional Accounts as of the Additional Cut-Off Date shall not be less than $100,000; (vi) Each Additional Account shall be an Eligible Additional Account; (vii) HSB shall have transferred remitted to the Servicer for deposit in the Collection Account all Collections with respect to such Supplemental Additional Accounts since the Addition Additional Cut-Off Date; ; (ivviii) as of each of the Addition Cut-Off Date and On or prior to the Addition Date, no Insolvency Event with respect to HSB, the Seller Agent and the Company shall have occurred nor executed a supplemental conveyance in substantially the form of Exhibit B (the "Supplemental Conveyance"), provided that it shall be understood that the transfer microfiche attached to Exhibit B may be delivered within five Business Days of the Receivables arising such Addition Date; (ix) The conditions precedent set forth in the Supplemental Accounts to the Purchaser have been made in contemplation of the occurrence thereof; (v) the Rating Agency Condition Section 8.2 shall have been satisfied satisfied; (x) On or prior to the Addition Date, HSB shall have executed and filed any and all amendments to the UCC financing statements previously filed as the Agent may reasonably request; (xi) In connection with respect to such Addition; (vi) any addition of Accounts requiring the Seller approval of the Rating Agencies, HSB shall have delivered to the Purchaser an Officer's CertificateAgent, dated on or before the seventh Business Day preceding the related Addition Date, confirming, to the extent applicable, information required by the items set forth in clauses Rating Agencies; and (ixii) through (v) above; and (vii) In connection with any addition of Accounts not requiring the transfer approval of the Transferred Receivables arising in the Supplemental Accounts to the Purchaser will not result in an Adverse Effect andRating Agencies, in the case of such Supplemental Accounts, the Seller HSB shall have delivered to the Purchaser an Officer's Certificate, dated Agent on or before the seventh Business Day preceding the related Addition Date, stating that a calculation demonstrating compliance with Section 2.5(b)(iii)(B) as well as a schedule demonstrating continued compliance with the Seller reasonably believes that the transfer of the Receivables arising in such Supplemental Accounts to the Purchaser will not have an Adverse EffectConcentration Limit. (c) In addition HSB hereby agrees that, if at any time the rating of the long-term unsecured debt of UAL Corporation is reduced (but only for so long as any such rating shall be so reduced) to designating below BB by S&P or Ba2 by Xxxxx'x, thereafter, it shall not designate as Additional Accounts pursuant to clause (aSection 2.5(a) aboveAccounts with respect to which UAL Corporation is the Merchant. HSB hereby further agrees that, if at any time the Seller may, subject to the satisfaction by the Purchaser rating of the conditions relating long-term unsecured debt of AMR Corp. is reduced (but only for so long as any such rating shall be so reduced) to below BB by S&P or Ba2 by Xxxxx'x, thereafter, it shall not designate as Additional Accounts pursuant to Section 2.5(a) Accounts with respect to which American Airlines, Inc. is the designation by the Purchaser of Accounts to the Trust set forth in Section 2.09(a)(iii) of the Transfer and Servicing Agreement, automatically convey newly originated Eligible Accounts to the Purchaser upon their establishmentMerchant.

Additional Accounts. (a) If, from time to timeat the end of any Monthly Period falling after the RFS Funding Trust Termination Date, the Purchaser becomes obligated Free Equity Amount is less than the Minimum Free Equity Amount, Transferor shall require Originator to designate Supplemental additional Eligible Accounts pursuant to Section 2.09(a)(ibe included as “Accounts” under (and as defined in) of the Transfer and Servicing Bank Receivables Sale Agreement, then and Transferor shall in turn designate such accounts (“Additional Accounts”) as Accounts for purposes of this Agreement in a sufficient amount such that the Purchaser mayFree Equity Amount at the end of such Monthly Period, computed on a pro forma basis as if the Additional Accounts had been designated prior to the end of such Monthly Period, is at least equal to the Minimum Free Equity Amount (if any). In addition, if, at its optionthe end of any Monthly Period, give the Seller written notice thereof Note Trust Principal Balance is less than the Required Principal Balance, Transferor shall require Originator to designate additional Eligible Accounts to be included as “Accounts” under the Bank Receivables Sale Agreement, and Transferor shall in turn designate such accounts as Additional Accounts for purposes of this Agreement in a sufficient amount such that the Note Trust Principal Balance will be equal to or greater than the Required Principal Balance. Receivables from such Additional Accounts shall be transferred to Buyer on or before the tenth Business Day (following such Monthly Period. To the "Addition Notice Date") prior to the Addition Date therefor, and upon receipt of such notice the Seller shall on or before the Addition Date, designate sufficient Eligible extent Transferor designates Additional Accounts to be included as Supplemental Accounts so that after the inclusion thereof the Purchaser will be with Principal Receivables substantially in compliance with the requirements of Section 2.09(a)(i) excess of the Transfer and Servicing Agreement. Additionally, subject to Sections 2.09(b) and (c) amount of the Transfer and Servicing Agreement and Section 2.02(bPrincipal Receivables required under this subsection 2.6(a), from time to time Eligible Accounts may be designated to be included as Supplemental Accounts, upon the mutual agreement of the Purchaser and the Seller. In either event, the Seller shall have sole responsibility for selecting such Supplemental Accounts. (b) On the Addition Date with respect to any designation by the Seller of Eligible Accounts to be Supplemental Accounts pursuant to Section 2.02(a), the Purchaser shall purchase the Seller's right, title and interest in, to and under the Receivables in such Supplemental Accounts (and such Receivables excess shall be deemed to be Transferred Receivablesoptional Additional Accounts under subsection 2.6(b) below and the related Purchased Assets, subject will be permitted to the satisfaction of the following conditions on such Addition Date: (i) all such Supplemental Accounts shall be Eligible Accounts; (ii) the Seller shall have delivered to the Purchaser copies of UCC-1 financing statements covering such Supplemental Accounts, if necessary to perfect the Purchaser's interest in the Receivables arising therein; (iii) so designated solely to the extent required of the Purchaser permitted by Section 2.09(c) of the Transfer and Servicing Agreement, the Seller shall have transferred to the Servicer for deposit in the Collection Account all Collections with respect to such Supplemental Accounts since the Addition Cut-Off Date; (iv) as of each of the Addition Cut-Off Date and the Addition Date, no Insolvency Event with respect to the Seller shall have occurred nor shall the transfer of the Receivables arising in the Supplemental Accounts to the Purchaser have been made in contemplation of the occurrence thereof; (v) the Rating Agency Condition shall have been satisfied with respect to such Addition; (vi) the Seller shall have delivered to the Purchaser an Officer's Certificate, dated the Addition Date, confirming, to the extent applicable, the items set forth in clauses (i) through (v) above; and (vii) the transfer of the Transferred Receivables arising in the Supplemental Accounts to the Purchaser will not result in an Adverse Effect and, in the case of such Supplemental Accounts, the Seller shall have delivered to the Purchaser an Officer's Certificate, dated the related Addition Date, stating that the Seller reasonably believes that the transfer of the Receivables arising in such Supplemental Accounts to the Purchaser will not have an Adverse Effectsubsection 2.6(b). (c) In addition to designating Additional Accounts pursuant to clause (a) above, the Seller may, subject to the satisfaction by the Purchaser of the conditions relating to the designation by the Purchaser of Accounts to the Trust set forth in Section 2.09(a)(iii) of the Transfer and Servicing Agreement, automatically convey newly originated Eligible Accounts to the Purchaser upon their establishment.