Establishment of Account. The Beneficiary hereby authorizes the Owner Trustee to establish and maintain an account on behalf of the Trust into which all funds received by the Owner Trustee on behalf of the Trust shall be deposited. Such account shall be designated the Beneficiary Trust Account.
Appears in 12 contracts
Samples: Trust Agreement (BA Master Credit Card Trust II), Trust Agreement, Trust Agreement
Establishment of Account. The Beneficiary hereby authorizes the Owner Trustee to establish and maintain an account in the name and on behalf of the Trust Note Issuance Trust, into which all funds received by the Owner Trustee on behalf of the Note Issuance Trust shall be deposited. Such account shall be designated the Beneficiary Trust Account.
Appears in 6 contracts
Samples: Trust Agreement (Discover Card Master Trust I), Trust Agreement, Trust Agreement (Discover Card Master Trust I)
Establishment of Account. The Beneficiary hereby authorizes the Owner Trustee to establish and maintain an account on behalf of the Trust into which all funds received by the Owner Trustee on behalf of the Trust shall will be deposited. Such account shall will be designated the Beneficiary Trust Account.
Appears in 2 contracts
Samples: Trust Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Trust Agreement
Establishment of Account. The Beneficiary hereby ------------------------ authorizes the Owner Trustee to establish and maintain an account on behalf of the Trust into which all funds received by the Owner Trustee on behalf of the Trust shall be deposited. Such account shall be designated the Beneficiary Trust Account.
Appears in 2 contracts
Samples: Trust Agreement (Mbna Credit Card Master Note Trust), Trust Agreement (Mbna Credit Card Master Note Trust)
Establishment of Account. The At any time, the Beneficiary hereby authorizes may authorize the Owner Trustee to establish and maintain an account on behalf of the Trust into which all funds received by the Owner Trustee on behalf of the Trust shall be deposited. Such account shall be designated the Beneficiary Trust Account.
Appears in 1 contract
Establishment of Account. The Beneficiary Beneficiaries hereby authorizes authorize the Owner Trustee to establish and maintain an account on behalf of the Trust into which all funds received by the Owner Trustee on behalf of the Trust shall be deposited. Such account shall be designated the Beneficiary Trust Account.
Appears in 1 contract
Samples: Trust Agreement (Citibank Credit Card Master Trust I)
Establishment of Account. The Beneficiary hereby authorizes the Owner Trustee to establish and maintain an account in the name and on behalf of the Trust Trust, into which all funds received by the Owner Trustee on behalf of the Trust shall be deposited. Such account shall be designated the Beneficiary Trust Account.
Appears in 1 contract
Samples: Discover Card Execution Note Trust (Discover Card Master Trust I)
Establishment of Account. The Beneficiary Beneficiaries hereby authorizes authorize the Owner Trustee to establish and maintain an account on behalf of the Trust into which all funds received by the Owner Trustee on behalf of the Trust shall will be deposited. Such account shall will be designated the Beneficiary Trust Account.
Appears in 1 contract
Samples: Trust Agreement (Citibank Credit Card Issuance Trust)
