Common use of Early Redemption Events Clause in Contracts

Early Redemption Events. (a) In addition to the events identified as Early Redemption Events in Section 1201 of the Indenture, if for any month the amount of Excess Available Funds averaged over the three preceding Monthly Periods is less than the Required Excess Available Funds for such month, an “Early Redemption Event” with respect to the BAseries Notes will be deemed to have occurred. (b) In addition, the terms document for any tranche of Notes may list additional events which are “Early Redemption Events” with respect to such tranche of Notes.

Appears in 3 contracts

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

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Early Redemption Events. (a) In addition to the events identified as Early Redemption Events in Section 1201 of the Indenture, if for any month the amount of Excess Available Funds averaged over the three preceding Monthly Periods is less than the Required Excess Available Funds for such month, an "Early Redemption Event" with respect to the BAseries MBNAseries Notes will be deemed to have occurred. (b) In addition, the terms document for any tranche of Notes may list additional events which are "Early Redemption Events" with respect to such tranche of Notes.. [END OF ARTICLE IV] ARTICLE V

Appears in 1 contract

Samples: Indenture Supplement (Mbna Credit Card Master Note Trust)

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Early Redemption Events. (a) In addition to the events identified as Early Redemption Events in Section 1201 of the Indenture, if for any month the amount of Excess Available Funds averaged over the three preceding Monthly Periods is less than the Required Excess Available Funds for such month, an "Early Redemption Event" with respect to the BAseries Notes will be deemed to have occurred. (b) In addition, the terms document for any tranche of Notes may list additional events which are "Early Redemption Events" with respect to such tranche of Notes.

Appears in 1 contract

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

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