Common use of Application of Class Clause in Contracts

Application of Class. A Available Funds, Class B Available Funds, Collateral Available Funds, Available Investor Principal Collections and Collateral Principal Collections. The Servicer shall apply or shall cause the Trustee to apply, on each Distribution Date, Class A Available Funds, Class B Available Funds, Collateral Available Funds, Available Investor Principal Collections and Collateral Principal Collections for the Monthly Period with respect to such Distribution Date to make the following distributions:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Advanta Credit Card Master Trust Ii), Pooling and Servicing Agreement (Advanta Credit Card Master Trust Ii), Pooling and Servicing Agreement (Advanta Credit Card Master Trust Ii)

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Application of Class. A a Available Funds, Class B Available Funds, Collateral Available Funds, Funds and Available Investor Principal Collections and Collateral Principal Collections. The Servicer shall apply apply, or shall cause the Trustee to applyapply by written instruction to the Trustee, on each Distribution Date, Class A Available Funds, Class B Available Funds, Collateral Available Funds, Funds and Available Investor Principal Collections and Collateral Principal Collections for on deposit in the Monthly Period Collection Account with respect to such Distribution Date to make the following distributions:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust), Pooling and Servicing Agreement (American Express Centurion Bank)

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