Excess Amounts. After payment in full of any tranche of Notes, any amount remaining on deposit in the applicable Interest Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest Funding sub-Account for any tranche of Notes is less than all withdrawals required to be made from that Interest Funding sub-Account for that tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.
Appears in 3 contracts
Samples: Baseries Indenture Supplement (BA Credit Card Trust), Baseries Indenture Supplement (BA Master Credit Card Trust II), Baseries Indenture Supplement (BA Credit Card Trust)
Excess Amounts. After Upon payment in full of any tranche Tranche of Notes, any remaining amount remaining on deposit in the applicable Interest Principal Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches Tranches of Notes in the manner, order and priority set forth in Section 3.03(bsubsection 4.03(b), second, allocated among and deposited to the Principal Funding sub-Account of the tranches Tranches of Notes in the manner, order and priority set forth in Section 3.11(bsubsection 4.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest a Principal Funding sub-Account for any tranche Tranche of Notes is less than all withdrawals required to be made from that Interest Principal Funding sub-Account for that tranche Tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.
Appears in 2 contracts
Samples: Indenture (WF Card Funding LLC), WF Card Issuance Trust
Excess Amounts. After payment in full of any tranche Tranche of Notes, any amount remaining on deposit in the applicable Interest Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches Tranches of Notes in the manner, order and priority set forth in Section 3.03(bsubsection 4.03(b), second, allocated among and deposited to the Principal Funding sub-Account of the tranches Tranches of Notes in the manner, order and priority set forth in Section 3.11(bsubsection 4.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest Funding sub-Account for any tranche Tranche of Notes is less than all withdrawals required to be made from that Interest Funding sub-Account for that tranche Tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.
Appears in 2 contracts
Samples: Indenture (WF Card Funding LLC), WF Card Issuance Trust
Excess Amounts. After Upon payment in full of any tranche of Notes, any remaining amount remaining on deposit in the applicable Interest Principal Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest a Principal Funding sub-Account for any tranche of Notes is less than all withdrawals required to be made from that Interest Principal Funding sub-Account for that tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.
Appears in 2 contracts
Samples: Baseries Indenture Supplement (BA Master Credit Card Trust II), Baseries Indenture Supplement (BA Credit Card Trust)
Excess Amounts. After Upon payment in full of any tranche Tranche of Notes, any remaining amount remaining on deposit in the applicable Interest Principal Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches Tranches of Notes in the manner, order and priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal Funding sub-Account of the tranches Tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest a Principal Funding sub-Account for any tranche Tranche of Notes is less than all withdrawals required to be made from that Interest Principal Funding sub-Account for that tranche Tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.
Appears in 1 contract
Samples: Indenture (Capital One Master Trust)
Excess Amounts. After payment in full of any tranche of Notes, any amount remaining on deposit in the applicable Interest Funding sub-Account sub‑Account will be first, allocated among and deposited to the Interest Funding sub-Account sub‑Account of the tranches of Notes in the manner, order and priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal Funding sub-Account sub‑Account of the tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest Funding sub-Account sub‑Account for any tranche of Notes is less than all withdrawals required to be made from that Interest Funding sub-Account sub‑Account for that tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.
Appears in 1 contract
Excess Amounts. After payment in full of any tranche Tranche of Notes, any amount remaining on deposit in the applicable Interest Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches Tranches of Notes in the manner, order and priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal Funding sub-Account of the tranches Tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest Funding sub-Account for any tranche Tranche of Notes is less than all withdrawals required to be made from that Interest Funding sub-Account for that tranche Tranche in a monthmonth after giving effect to all deposits, then the amounts on deposit in the Interest Funding sub-Account will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.
Appears in 1 contract
Samples: Indenture (Capital One Master Trust)
Excess Amounts. After Upon payment in full of any tranche of Notes, any remaining amount remaining on deposit in the applicable Interest Principal Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest a Principal Funding sub-sub- Account for any tranche of Notes is less than all withdrawals required to be made from that Interest Principal Funding sub-Account for that tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.
Appears in 1 contract
Samples: Baseries Indenture Supplement (BA Credit Card Trust)
Excess Amounts. After Upon payment in full of any tranche of Notes, any remaining amount remaining on deposit in the applicable Interest Principal Funding sub-Account sub‑Account will be first, allocated among and deposited to the Interest Funding sub-Account sub‑Account of the tranches of Notes in the manner, order and priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal Funding sub-Account sub‑Account of the tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest a Principal Funding sub-sub‑ Account for any tranche of Notes is less than all withdrawals required to be made from that Interest Principal Funding sub-Account sub‑Account for that tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made.
Appears in 1 contract
Excess Amounts. After payment in full of any tranche of Notes, any amount remaining on deposit in the applicable Interest Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and third, paid to the Issuer. If the aggregate amount available for withdrawal from an Interest Funding sub-Account for any tranche of Notes is less than all withdrawals required to be made from that Interest Funding sub-Account for that tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made. Section 3.14.
Appears in 1 contract
Samples: Mbna Credit Card Master Note Trust