Common use of BAseries Available Principal Amounts Equal to Targeted Amount Clause in Contracts

BAseries Available Principal Amounts Equal to Targeted Amount. Subject to clause (c) below, if BAseries Available Principal Amounts remaining after giving effect to Sections 3.07(a) through (d) are equal to the aggregate amount of BAseries Available Principal Amounts targeted to be deposited into the Principal Funding Account for all tranches of Notes pursuant to Section 3.10, then that targeted amount is deposited in the Principal Funding sub-Account established for each tranche.

Appears in 3 contracts

Samples: Baseries Indenture Supplement (BA Credit Card Trust), Baseries Indenture Supplement (BA Master Credit Card Trust II), Baseries Indenture Supplement (BA Credit Card Trust)

AutoNDA by SimpleDocs

BAseries Available Principal Amounts Equal to Targeted Amount. Subject to clause (c) below, if BAseries Available Principal Amounts remaining after giving effect to Sections 3.07(a) through (d) are equal to the aggregate amount of BAseries Available Principal Amounts targeted to be deposited into the Principal Funding Account for all tranches of Notes pursuant to Section 3.10, then that targeted amount is deposited in the Principal Funding sub-sub‑ Account established for each tranche.

Appears in 1 contract

Samples: Indenture (BA Master Credit Card Trust II)

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