Class B Required Subordinated Amount of Class C Notes. On the issuance date of a tranche of Class A Notes, immediately after giving effect to such issuance, the available subordinated amount of Class C Notes for all tranches of Class B Notes must be at least equal to the aggregate Class B Required Subordinated Amount of Class C Notes for all tranches of Class B Notes which are Outstanding on that date. For purposes of this clause, the available subordinated amount of Class C Notes for all tranche of Class B Notes as of any date means the sum of the following, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date:
Appears in 5 contracts
Samples: Baseries Indenture Supplement (BA Credit Card Trust), Indenture (BA Master Credit Card Trust II), Baseries Indenture Supplement (BA Master Credit Card Trust II)
Class B Required Subordinated Amount of Class C Notes. On the issuance date of a tranche of Class A B Notes, immediately after giving effect to such issuance, the available subordinated amount of Class C Notes for all tranches such tranche of Class B Notes must be at least equal to the aggregate Class B Required Subordinated Amount of Class C Notes for all tranches such tranche of Class B Notes which are Outstanding on that dateNotes. For purposes of this clause, the available subordinated amount of Class C Notes for all such tranche of Class B Notes as of any date means the sum of the following, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date:
Appears in 4 contracts
Samples: Baseries Indenture Supplement (BA Credit Card Trust), Indenture (BA Master Credit Card Trust II), Baseries Indenture Supplement (BA Master Credit Card Trust II)