Common use of Application of Available Funds pursuant to Section 4 Clause in Contracts

Application of Available Funds pursuant to Section 4. 4(a) of the Indenture Supplement a. Available Finance Charge Collections i. On a pari passu basis: a. Payment to the Indenture Trustee, to a maximum of $25,000 b. Payment to the Trustee, to a maximum of $25,000 c. Payment to the Administrator, to a maximum of $25,000 ii. To the Servicer: a. Noteholder Servicing Fee b. Noteholder Servicing Fee previously due but not paid c. Total Noteholder Servicing Fee iii. On a pari passu basis: a. Class A Monthly Interest b. Class A Deficiency Amount c. Class A Additional Interest d. Class A Additional Interest not paid on prior Payment Date iv. On a pari passu basis: a. Class B Monthly Interest b. Class B Deficiency Amount c. Class B Additional Interest

Appears in 5 contracts

Samples: Indenture Supplement (GE Capital Credit Card Master Note Trust), Indenture Supplement (RFS Holding LLC), Indenture Supplement (GE Capital Credit Card Master Note Trust)

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Application of Available Funds pursuant to Section 4. 4(a) of the Indenture Supplement a. Available Finance Charge Collections i. On a pari passu basis: a. Payment to the Indenture Trustee, to a maximum of $25,000 25,000 b. Payment to the Trustee, to a maximum of $25,000 25,000 c. Payment to the Administrator, to a maximum of $25,000 ii. To the Servicer: a. Noteholder Servicing Fee b. Noteholder Servicing Fee previously due but not paid c. Total Noteholder Servicing Fee iii. On a pari passu basis: a. Class A Monthly Interest b. Class A Deficiency Amount c. Class A Additional Interest d. Class A Additional Interest not paid on prior Payment Date iv. On a pari passu basis: a. Class B Monthly Interest b. Class B Deficiency Amount c. Class B Additional Interest

Appears in 5 contracts

Samples: Indenture Supplement (GE Capital Credit Card Master Note Trust), Indenture Supplement (GE Capital Credit Card Master Note Trust), Indenture Supplement (GE Capital Credit Card Master Note Trust)

Application of Available Funds pursuant to Section 4. 4(a) of the Indenture Supplement a. Available Finance Charge Collections i. On a pari passu basis: a. Payment to the Indenture Trustee, to a maximum of $25,000 b. Payment to the Trustee, to a maximum of $25,000 c. Payment to the Administrator, to a maximum of $25,000 ii. To the Servicer: a. Noteholder Servicing Fee b. Noteholder Servicing Fee previously due but not paid c. Total Noteholder Servicing Fee iii. On a pari passu basis: a. Class A Monthly Interest b. Class A Deficiency Amount c. Class A Additional Interest d. Class A Additional Interest not paid on prior Payment Date iv. On a pari passu basis: a. Class B Monthly Interest b. Class B Deficiency Amount c. Class B Additional InterestAmount

Appears in 1 contract

Samples: Indenture Supplement (GE Capital Credit Card Master Note Trust)

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Application of Available Funds pursuant to Section 4. 4(a) of the Indenture Supplement a. Available Finance Charge Collections i. On a pari passu basis: a. Payment to the Indenture Trustee, to a maximum of $25,000 25,000 b. Payment to the Trustee, to a maximum of $25,000 25,000 c. Payment to the Administrator, to a maximum of $25,000 ii. To the Servicer: a. Noteholder Servicing Fee b. Noteholder Servicing Fee previously due but not paid c. Total Noteholder Servicing Fee iii. On a pari passu basis: a. Class A Monthly Interest b. Class A Deficiency Amount c. Class A Additional Interest d. Class A Additional Interest not paid on prior Payment Date iv. On a pari passu basis: a. Class B Monthly Interest b. Class B Deficiency Amount c. Class B Additional InterestAmount

Appears in 1 contract

Samples: Indenture Supplement (GE Capital Credit Card Master Note Trust)

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