Alternative Credit Support Election. In the event that an Alternative Credit Support Election is made pursuant to the provisions of the Series Supplement, Greenwood on behalf of the Holder of the Seller Certificate may cause the Additional Credit Support Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit Enhancement
Appears in 2 contracts
Samples: Credit Enhancement Agreement (Discover Card Master Trust I), Credit Enhancement Agreement (Discover Card Master Trust I)
Alternative Credit Support Election. In the event that an Alternative Credit Support Election is made pursuant to the provisions of the Series Supplement, Greenwood on behalf of the Holder of the Seller Certificate may cause the Additional Credit Support Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit EnhancementEnhancement Amount, pursuant to
Appears in 2 contracts
Samples: Credit Enhancement Agreement (Discover Card Master Trust I), Credit Enhancement Agreement (Discover Card Master Trust I)
Alternative Credit Support Election. In the event that an Alternative Credit Support Election is made pursuant to the provisions of the Series Supplement, Greenwood on behalf of the Holder of the Seller Certificate may cause the Additional Credit Support Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit Enhancementas
Appears in 2 contracts
Samples: Credit Enhancement Agreement (Discover Card Master Trust I), Credit Enhancement Agreement (Discover Card Master Trust I)
Alternative Credit Support Election. In the event that an Alternative Credit Support Election is made pursuant to the provisions of the Series Supplement, Greenwood on behalf of the Holder of the Seller Certificate may cause the Additional Credit Support Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit EnhancementTrustee
Appears in 1 contract
Samples: Credit Enhancement Agreement (Discover Card Master Trust I)
Alternative Credit Support Election. In the event that an Alternative Credit Support Election is made pursuant to the provisions of the Series Supplement, Greenwood on behalf of the Holder of the Seller Certificate may cause the Additional Credit Support Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit Enhancementof
Appears in 1 contract
Samples: Credit Enhancement Agreement (Discover Card Master Trust I)
Alternative Credit Support Election. In the event that an Alternative Credit Support Election is made pursuant to the provisions of the Series Supplement, Greenwood on behalf of the Holder of the Seller Certificate may cause the Additional Credit Support Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit EnhancementEnhancement Amount, pursuant to Section 9 of the Series Supplement, or may request that the Credit Enhancement Provider make an additional loan in the amount of the Additional Credit Support
Appears in 1 contract
Samples: Credit Enhancement Agreement (Discover Card Master Trust I)