Common use of Allocations of Reimbursements of Nominal Liquidation Amount Deficits Clause in Contracts

Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, with respect to any Monthly Period, there are CHASEseries Available Finance Charge Collections available pursuant to subsection 3.02(d) to reimburse any Nominal Liquidation Amount Deficits, such funds will be allocated to each Tranche of CHASEseries Notes on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: (a) first, to each Tranche of Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, (b) second, to each Tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and (c) third, to each Tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficits thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche.

Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, with respect to as of any Monthly PeriodDistribution Date, there are CHASEseries Available Card Series Finance Charge Collections Amounts available pursuant to subsection 3.02(dSection 3.01(g) to reimburse any Nominal Liquidation Amount DeficitsDeficits as of such Distribution Date, such funds will be allocated to each Tranche of CHASEseries Notes on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: (a) first, to each Tranche of Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche,; (b) second, to each Tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits Deficit of all Tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and; (c) third, to each Tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficits Deficit thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche; and (d) fourth, to each Tranche of Class D Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class D Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche.

Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, with respect to as of any Monthly PeriodTransfer Date, there are CHASEseries BAseries Available Finance Charge Collections Funds available pursuant to subsection 3.02(dSection 3.01(d) to reimburse any Nominal Liquidation Amount DeficitsDeficits as of such Transfer Date, such funds will be allocated to each Tranche tranche of CHASEseries Notes on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: (a) first, to each Tranche tranche of Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a Tranche tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranchetranche, (b) second, to each Tranche tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits Deficit of all Tranches tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a Tranche tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranchetranche, and (c) third, to each Tranche tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficits Deficit thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a Tranche tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranchetranche.

Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, with respect to any Monthly Period, there are CHASEseries SynchronySeries Available Finance Charge Collections available pursuant to subsection 3.02(dclause (d) of Section 3.02 to reimburse any Nominal Liquidation Amount DeficitsDeficits or any SynchronySeries Subordinated Transferor Amount Deficit, such funds will be allocated allocated, pursuant to the written instructions of the Servicer in the Monthly Noteholders’ Statement, to each Tranche of CHASEseries SynchronySeries Notes and/or the SynchronySeries Subordinated Transferor Amount on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: (a) first, to each Tranche of Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries SynchronySeries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, (b) second, to each Tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries SynchronySeries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and, (c) third, to each Tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficits thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries SynchronySeries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, (d) fourth, to each Tranche of Class D Notes pro rata based on the ratio of the nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class D Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of SynchronySeries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and (e) fifth, to the SynchronySeries Subordinated Transferor Amount in an amount not to exceed the SynchronySeries Subordinated Transferor Amount Deficit.

Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, with respect to any Monthly Period, there are CHASEseries ONEseries Available Finance Charge Collections available pursuant to subsection 3.02(d) to reimburse any Nominal Liquidation Amount Deficits, such funds will be allocated to each Tranche of CHASEseries ONEseries Notes on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: (a) first, to each Tranche of Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries ONEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, (b) second, to each Tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries ONEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and (c) third, to each Tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficits thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries ONEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche.

Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, with respect to as of any Monthly PeriodTransfer Date, there are CHASEseries WFCardSeries Available Finance Charge Collections Funds available pursuant to subsection 3.02(d4.01(d) to reimburse any Nominal Liquidation Amount DeficitsDeficits as of such Transfer Date, such funds will be caused to be allocated by the Issuer to each Tranche of CHASEseries Notes on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: (a) first, to each Tranche of Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, (b) second, to each Tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits Deficit of all Tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and, (c) third, to each Tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficits Deficit thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and (d) fourth, to each Tranche of Class D Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class D Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche.

Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, with respect to any Monthly Period, there are CHASEseries WachoviaSeries Available Finance Charge Collections available pursuant to subsection 3.02(d) to reimburse any Nominal Liquidation Amount Deficits, such funds will be allocated to each Tranche of CHASEseries WachoviaSeries Notes on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: (a) first, to each Tranche of Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries WachoviaSeries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, (b) second, to each Tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries WachoviaSeries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and (c) third, to each Tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficits thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries WachoviaSeries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche.

Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, with respect to as of any Monthly PeriodTransfer Date, there are CHASEseries MBNAseries Available Finance Charge Collections Funds available pursuant to subsection 3.02(dSection 3.01(d) to reimburse any Nominal Liquidation Amount DeficitsDeficits as of such Transfer Date, such funds will be allocated to each Tranche tranche of CHASEseries Notes on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: : (a) first, to each Tranche tranche of Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a Tranche tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, tranche, (b) second, to each Tranche tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits Deficit of all Tranches tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a Tranche tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranchetranche, and and (c) third, to each Tranche tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficits Deficit thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a Tranche tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranchetranche.

Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, with respect to any Monthly Period, there are CHASEseries ONEseries Available Finance Charge Collections available pursuant to subsection 3.02(d) to reimburse any Nominal Liquidation Amount Deficits, such funds will be allocated to each Tranche of CHASEseries ONEseries Notes on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: (a) first, to each Tranche of Class A Notes pro rata PRO RATA based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries ONEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, (b) second, to each Tranche of Class B Notes pro rata PRO RATA based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries ONEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and (c) third, to each Tranche of Class C Notes pro rata PRO RATA based on the ratio of the Nominal Liquidation Amount Deficits thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a Tranche of CHASEseries ONEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche.