Common use of Allocations During the Rapid Amortization Period Clause in Contracts

Allocations During the Rapid Amortization Period. During the Rapid Amortization Period, the Servicer shall, prior to the close of business on the second Business Day following any Date of Processing, allocate the following amounts as set forth below:

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Fleet Bank National Association /Ri/), Series Supplement (Fleet Credit Card Master Trust Ii), Series Supplement (Fleet Credit Card Master Trust Ii)

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Allocations During the Rapid Amortization Period. During the Rapid Amortization Period, the Servicer shall, prior to the close of business on the second Business Day following any Date of Processing, allocate the following amounts as set forth below: (i) Allocate to the Series 1999-D Holders and deposit and retain in the Collection Account an amount equal to the product of (A) the Floating Allocation

Appears in 1 contract

Samples: Series 1999 D Supplement (Fleet Bank National Association /Ri/)

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