Discount Notes. The deposit targeted for a tranche of Outstanding Discount Notes on each Transfer Date is equal to the amount of accretion of principal of that tranche of Notes from the Monthly Principal Accrual Date in the related Monthly Period (or in the case of the first Transfer Date with respect to any tranche of Notes, from the date of issuance of that tranche of Notes) to but excluding the Monthly Principal Accrual Date for the next month.
Appears in 5 contracts
Samples: Baseries Indenture Supplement (BA Credit Card Trust), Indenture Supplement (BA Master Credit Card Trust II), Indenture Supplement (BA Master Credit Card Trust II)
Discount Notes. The deposit targeted for a tranche Tranche of Outstanding Discount Notes on each Transfer Date is equal to the amount of accretion of principal of that tranche Tranche of Notes from the Monthly Principal Accrual Date in the related Monthly Period (or in the case of the first Transfer Date with respect to any tranche Tranche of Notes, from the date of issuance of that tranche Tranche of Notes) to but excluding the Monthly Principal Accrual Date for the next month.
Appears in 2 contracts
Samples: Wfcardseries Indenture Supplement (WF Card Funding LLC), Indenture Supplement (WF Card Issuance Trust)
