INSTRUCTION TO MAKE CERTAIN PAYMENTS. Pursuant to Section 5.01 of the Series Supplement, the Servicer does hereby instruct the Trustee to pay in accordance with Section 5.01 from the Interest Funding Account or the Principal Funding Account, as applicable, on , which date is a Payment Date under the Supplement, the following amounts as set forth below: A) Pursuant to subsection 5.01(a): Interest to be distributed to Class A Certificateholders $ B) Pursuant to subsection 5.01(b): On the Expected Final Payment Date or a Special Payment Date, principal to be distributed to the Class A Certificateholders $ C) Pursuant to subsection 5.01(c): Interest to be distributed to Class B Certificateholders $ D) Pursuant to subsection 5.01(d): On the Expected Final Payment Date or a Special Payment Date, on or after the date Class A Invested Amount is paid in full, principal to be distributed to the Class B Certificateholders $ E) Pursuant to subsection 5.01(e): Aggregate amount to be distributed to the Collateral Interest Holder $
Appears in 14 contracts
Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC), Pooling and Servicing Agreement (American Express Receivables Financing Corp Iii LLC)
INSTRUCTION TO MAKE CERTAIN PAYMENTS. Pursuant to Section 5.01 of the Series Supplement, the Servicer does hereby instruct the Trustee to pay in accordance with Section 5.01 from the Interest Funding Account or the Principal Funding Account, as applicable, on , which date is a Payment Date under the Supplement, the following amounts as set forth below:
AA ) Pursuant to subsection 5.01(a): Interest to be distributed to Class A Certificateholders $
BB ) Pursuant to subsection 5.01(b): On the Expected Final Payment Date or a Special Payment Date, principal to be distributed to the Class A Certificateholders $
CC ) Pursuant to subsection 5.01(c): Interest to be distributed to Class B Certificateholders $
DD ) Pursuant to subsection 5.01(d): On the Expected Final Payment Date or a Special Payment Date, on or after the date Class A Invested Amount is paid in full, principal to be distributed to the Class B Certificateholders $
EE ) Pursuant to subsection 5.01(e): Aggregate amount to be distributed to the Collateral Interest Holder $
Appears in 1 contract
Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)
