Class B Rapid Amortization Amount. On each Distribution Date after the Distribution Date on which the Class A Invested Amount is paid in full, an amount equal to the lesser of
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii), Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii)
Class B Rapid Amortization Amount. On each Distribution Date after the Distribution Date on which the Class A Invested Amount is paid in full, an amount equal to the lesser of
(A) the Class B Rapid Amortization Amount and (B) amounts on deposit in the Series Principal Collections Account (or, if Class B is a Seller Retained Class, in the Series Collections Account)
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii)
Class B Rapid Amortization Amount. On each Distribution Date after the Distribution Date on which the Class A Invested Amount is paid in full, an amount equal to the lesser ofof (A) the Class B Rapid Amortization Amount and
Appears in 1 contract
Samples: Pooling and Servicing Agreement Supplement (Sears Credit Account Master Trust Ii)
Class B Rapid Amortization Amount. On each Distribution Date on or after the Distribution Date on which the Class A Invested Amount is paid in full, an amount equal to the lesser ofof (A) the Class B Rapid Amortization Amount and
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii)
