Common use of Allocation of Trust Assets to Series or Groups Clause in Contracts

Allocation of Trust Assets to Series or Groups. To the extent so provided in the Supplement for any Series or in an amendment to this Agreement executed pursuant to subsection 13.01(a), Receivables conveyed to the Trust pursuant to Section 2.01 and Receivables or Participation Interests conveyed to the Trust pursuant to Section 2.09 or any Participation Interest Supplement, and all Collections received with respect to such Receivables or Participation Interests, may be allocated in whole or in part to one or more Series or Groups as may be provided in such Supplement or amendment, provided, however, that any such allocation shall be effective only upon satisfaction of the following conditions:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Nextcard Inc), Pooling and Servicing Agreement (Travelers Bank Credit Card Master Trust I)

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Allocation of Trust Assets to Series or Groups. To the extent so provided in the Supplement for any Series or in an amendment to this the Pooling and Servicing Agreement executed pursuant to subsection 13.01(a), Receivables conveyed to the Trust pursuant to Section 2.01 and Receivables or Participation Interests conveyed to the Trust pursuant to Section 2.09 or any Participation Interest Supplement, and all Collections received with respect to such Receivables or Participation Interests, may be allocated in whole or in part to one or more Series or Groups as may be provided in such Supplement or amendment, providedPROVIDED, howeverHOWEVER, that any such allocation shall be effective only upon satisfaction of the following conditions:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Travelers Bank Credit Card Master Trust I)

Allocation of Trust Assets to Series or Groups. To the extent so provided in the Supplement for any Series or in an amendment to this the Pooling and Servicing Agreement executed pursuant to subsection 13.01(a), Receivables conveyed to the Trust pursuant to Section 2.01 and Receivables or Participation Interests conveyed to the Trust pursuant to Section 2.09 or any Participation Interest Supplement, and all Collections received with respect to such Receivables or Participation Interests, may be allocated in whole or in part to one or more Series or Groups as may be provided in such Supplement or amendment, provided, however, that any such allocation shall be effective only upon satisfaction of the following conditions:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Household Affinity Funding Corp)

Allocation of Trust Assets to Series or Groups. To the ---------------------------------------------- extent so provided in the Supplement for any Series or in an amendment to this Agreement executed pursuant to subsection 13.01(a13.1(a), Receivables conveyed to the Trust pursuant to Section 2.01 2.1 and Receivables or Participation Interests conveyed to the Trust pursuant to Section 2.09 2.9 or any Participation Interest Supplement, and all Collections received with respect to such Receivables or Participation Interests, thereto may be allocated or applied in whole or in part to one or more Series or Groups as may be provided in such Supplement or amendment, provided, however, that any such -------- ------- allocation or application shall be effective only upon satisfaction of the following conditions:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First National Bank of Atlanta)

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Allocation of Trust Assets to Series or Groups. To the extent so provided in the Supplement for any Series or in an amendment to this the Pooling and Servicing Agreement executed pursuant to subsection 13.01(a), Receivables conveyed to the Trust pursuant to Section 2.01 and Receivables or Participation Interests conveyed to the Trust pursuant to Section 2.09 2.08 or any Participation Interest Supplement, and all Collections received with respect to such Receivables or Participation Interests, may be allocated in whole or in part to one or more Series or Groups as may be provided in such Supplement or amendment, provided, however, that any such allocation shall be effective only upon satisfaction of the following conditions:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Fleet Bank National Association /Ri/)

Allocation of Trust Assets to Series or Groups. To the extent so provided in the Supplement for any Series or in an amendment to this Agreement executed pursuant to subsection 13.01(a), Receivables conveyed to the Trust Trustee pursuant to Section 2.01 and Receivables or Participation Interests conveyed to the Trust Trustee pursuant to Section 2.09 2.08 or any Participation Interest Supplement, and all Collections received with respect to such Receivables or Participation Interests, may be allocated in whole or in part to one or more Series or Groups as may be provided in such Supplement or amendment, provided, however, that any such allocation shall be effective only upon satisfaction of the following conditions:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Fleet Credit Card Master Trust Ii)

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