Allocations of Interchange. Notwithstanding anything to the contrary in Section 4.3(a) or the Indenture, Interchange for each Monthly Period shall be allocated to the Noteholders of the Series issued pursuant to this Indenture Supplement based on the daily average of the Allocation Percentages for Finance Charge Collections for all dates during such Monthly Period, and shall be deposited into the Collection Account not later 12:00 noon, New York City time, on the Payment Date following the related Monthly Period.
Appears in 11 contracts
Samples: Master Note Trust Series 2015 (RFS Holding LLC), Synchrony Credit Card Master Note Trust, RFS Holding LLC
Allocations of Interchange. Notwithstanding anything to the contrary in Section 4.3(a4.1(b) of this Supplement or in the Indenture, Interchange for each Monthly Period equal to the Investor Interchange Amount shall be allocated to the Noteholders of the Series issued pursuant to this Indenture Supplement based on the daily average of the Allocation Percentages for Finance Charge Collections for all dates during such Monthly PeriodSupplement, and shall be deposited into the Collection Finance Charge Account not later 12:00 noon, New York City time, on the Payment Transfer Date following the related Monthly Period.
Appears in 6 contracts
Samples: World Financial Network Credit Card Master Trust, World Financial Network Credit Card Master Trust, World Financial Network Credit Card Master Trust
Allocations of Interchange. Notwithstanding anything to the contrary in Section 4.3(a) or the Indenture, Interchange for each Monthly Period shall be allocated to the Noteholders of the Series issued pursuant to this Indenture Supplement based on the daily average of the Allocation Percentages for Finance Charge Collections for all dates during such Monthly Period, and shall be deposited into the Collection Account not later than 12:00 noon, New York City time, on the Payment Date following the related Monthly Period.. 23 Indenture Supplement Series 2014-VFN[β]
Appears in 1 contract
Samples: Synchrony Financial
Allocations of Interchange. Notwithstanding anything to the contrary in Section 4.3(a) or the Indenture, Interchange for each Monthly Period shall be allocated to the Noteholders of the Series issued pursuant to this Indenture Supplement based on the daily average of the Allocation Percentages for Finance Charge Collections for all dates during such Monthly Period, and shall be deposited into the Collection Account not later 12:00 noon, New York City time, on the Payment Transfer Date following the related Monthly Period.
Appears in 1 contract
Samples: Master Indenture (GE Capital Credit Card Master Note Trust)