Common use of Allocations of Principal Collections Clause in Contracts

Allocations of Principal Collections. With respect to each Monthly Period, the Servicer shall allocate to each Asset Pool an amount equal to the Principal Collections from the Trust Assets identified in the applicable Asset Pool Supplement to be included in the Collateral for such Asset Pool for such Monthly Period.

Appears in 6 contracts

Samples: Transfer and Servicing Agreement (First Usa Credit Card Master Trust), Transfer and Servicing Agreement (First Usa Credit Card Master Trust), Transfer and Servicing Agreement (Chase Manhattan Bank Usa)

AutoNDA by SimpleDocs

Allocations of Principal Collections. With respect to each Monthly Period, the Servicer shall allocate to each Asset Pool One an amount equal to the Principal Collections from the Trust Assets identified in the applicable Asset Pool One Supplement to be included in the Collateral for such Asset Pool One for such Monthly Period.

Appears in 4 contracts

Samples: Transfer and Servicing Agreement (Chase Card Funding LLC), Transfer and Servicing Agreement, Transfer and Servicing Agreement (Chase Issuance Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!