Common use of During the Revolving Period Clause in Contracts

During the Revolving Period. On or before each Distribution Date during the Revolving Period, the Servicer shall direct the Trustee that funds be paid or deposited, and the Trustee shall apply such funds in the following amounts, to the extent such funds are available and in the order of priority specified, to the account or Person indicated, in each case as set forth below.

Appears in 21 contracts

Samples: Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii), Master Trust Certificates (Sears Credit Account Master Trust Ii), Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii)

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