Common use of Interest Payment Clause in Contracts

Interest Payment. For the first Interest Payment Date, October 15, 2021, the amount of interest due with respect to the Class A(2021-2) Notes is $309,000.00. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021-2) Note, the amount of interest due with respect to the Class A(2021-2) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement (Discover Card Master Trust I), Indenture Supplement

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Interest Payment. For the first Interest Payment Date, October March 15, 20212019, the amount of interest due with respect to the Class A(2021A(2019-21) Notes is $309,000.004,644,444.44. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2019-21) Note, the amount of interest due with respect to the Class A(2021A(2019-21) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Funding LLC), Indenture Supplement (Discover Funding LLC), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 15, 2021, the amount of interest due with respect to the Class A(2021-21) Notes is $309,000.00333,500.00. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021-2) 1 Note, the amount of interest due with respect to the Class A(2021-21) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement (Discover Card Master Trust I), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October November 15, 20212019, the amount of interest due with respect to the Class A(2021A(2019-23) Notes is $309,000.00787,500.00. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2019-2) 3 Note, the amount of interest due with respect to the Class A(2021A(2019-23) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Funding LLC), Indenture Supplement (Discover Funding LLC), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 1517, 20212016, the amount of interest due with respect to the Class A(2021A(2016-24) Notes is $309,000.001,112,000. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2016-24) Note, the amount of interest due with respect to the Class A(2021A(2016-24) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Funding LLC), Indenture Supplement (Discover Funding LLC), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 15February 16, 20212016, the amount of interest due with respect to the Class A(2021A(2016-21) Notes is $309,000.00774,444.44. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2016-21) Note, the amount of interest due with respect to the Class A(2021A(2016-21) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement (Discover Card Master Trust I), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October February 15, 20212017, the amount of interest due with respect to the Class A(2021A(2017-2) Notes is $309,000.00912,847.22. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2017-2) Note, the amount of interest due with respect to the Class A(2021A(2017-2) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Funding LLC), Indenture Supplement (Discover Funding LLC), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 15November 16, 20212015, the amount of interest due with respect to the Class A(2021A(2015-23) Notes is $309,000.001,033,125. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2015-23) Note, the amount of interest due with respect to the Class A(2021A(2015-23) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Bank), Indenture Supplement (Discover Bank), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October September 15, 20212017, the amount of interest due with respect to the Class A(2021A(2017-26) Notes is $309,000.002,104,555.56. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2017-26) Note, the amount of interest due with respect to the Class A(2021A(2017-26) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Funding LLC), Indenture Supplement (Discover Funding LLC), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October June 15, 20212022, the amount of interest due with respect to the Class A(2021A(2022-2) Notes is $309,000.002,453,111.11. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2022-2) Note, the amount of interest due with respect to the Class A(2021A(2022-2) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement (Discover Card Master Trust I), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October May 15, 20212023, the amount of interest due with respect to the Class A(2021A(2023-21) Notes is $309,000.005,088,194.44. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2023-21) Note, the amount of interest due with respect to the Class A(2021A(2023-21) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement (Discover Card Master Trust I), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October November 15, 20212018, the amount of interest due with respect to the Class A(2021A(2018-25) Notes is $309,000.002,822,000. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2018-25) Note, the amount of interest due with respect to the Class A(2021A(2018-25) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Funding LLC), Indenture Supplement (Discover Funding LLC), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October August 15, 20212018, the amount of interest due with respect to the Class A(2021A(2018-24) Notes is $309,000.001,166,250. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2018-24) Note, the amount of interest due with respect to the Class A(2021A(2018-24) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Funding LLC), Indenture Supplement (Discover Funding LLC), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October December 15, 20212022, the amount of interest due with respect to the Class A(2021A(2022-24) Notes is $309,000.002,375,277.78. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2022-24) Note, the amount of interest due with respect to the Class A(2021A(2022-24) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 3 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement (Discover Card Master Trust I), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 15June 16, 20212014, the amount of interest due with respect to the Class A(2021A(2014-23) Notes is $309,000.001,389,444.44. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2014-23) Note, the amount of interest due with respect to the Class A(2021A(2014-23) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 15July 16, 20212012, the amount of interest due with respect to the Class A(2021A(2012-23) Notes is $309,000.00611,555.56. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2012-23) Note, the amount of interest due with respect to the Class A(2021A(2012-23) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement, Indenture Supplement (Discover Card Execution Note Trust)

Interest Payment. For the first Interest Payment Date, October 15April 16, 20212018, the amount of interest due with respect to the Class A(2021A(2018-21) Notes is $309,000.001,630,729.17. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2018-21) Note, the amount of interest due with respect to the Class A(2021A(2018-21) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement (Discover Funding LLC), Indenture Supplement (Discover Funding LLC)

Interest Payment. For the first Interest Payment Date, October March 15, 20212012, the amount of interest due with respect to the Class A(2021A(2012-21) Notes is $309,000.00832,500.00. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2012-21) Note, the amount of interest due with respect to the Class A(2021A(2012-21) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement (Discover Card Execution Note Trust), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October May 15, 20212017, the amount of interest due with respect to the Class A(2021A(2017-24) Notes is $309,000.00562,222.22. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2017-24) Note, the amount of interest due with respect to the Class A(2021A(2017-24) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement (Discover Bank), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 15May 16, 20212016, the amount of interest due with respect to the Class A(2021A(2016-23) Notes is $309,000.00400,833.33. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2016-23) Note, the amount of interest due with respect to the Class A(2021A(2016-23) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 15July 17, 20212023, the amount of interest due with respect to the Class A(2021A(2023-2) Notes is $309,000.002,328,055.56. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2023-2) Note, the amount of interest due with respect to the Class A(2021A(2023-2) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement (Discover Card Master Trust I)

Interest Payment. For the first Interest Payment Date, October May 15, 20212015, the amount of interest due with respect to the Class A(2021A(2015-2) Notes is $309,000.00675,555.56. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2015-2) Note, the amount of interest due with respect to the Class A(2021A(2015-2) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Class A(2015 2) Terms Document (Discover Bank), Indenture Supplement (Discover Bank)

Interest Payment. For the first Interest Payment Date, October March 15, 20212013, the amount of interest due with respect to the Class A(2021A(2013-2) Notes is $309,000.00552,000.00. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2013-2) Note, the amount of interest due with respect to the Class A(2021A(2013-2) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement, Indenture Supplement (Discover Card Execution Note Trust)

Interest Payment. For the first Interest Payment Date, October March 15, 20212022, the amount of interest due with respect to the Class A(2021A(2022-21) Notes is $309,000.001,565,277.78. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2022-21) Note, the amount of interest due with respect to the Class A(2021A(2022-21) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement (Discover Card Master Trust I)

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Interest Payment. For the first Interest Payment Date, October December 15, 20212015, the amount of interest due with respect to the Class A(2021A(2015-24) Notes is $309,000.001,338,333.33. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2015-24) Note, the amount of interest due with respect to the Class A(2021A(2015-24) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement (Discover Card Master Trust I)

Interest Payment. For the first Interest Payment Date, October May 15, 20212008, the amount of interest due with respect to the Class A(2021A(2008-23) Notes is $309,000.001,806,250.00. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2008-23) Note, the amount of interest due with respect to the Class A(2021A(2008-23) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement, Indenture Supplement (Discover Card Master Trust I)

Interest Payment. For the first Interest Payment Date, October September 15, 20212022, the amount of interest due with respect to the Class A(2021A(2022-23) Notes is $309,000.007,120,000.00. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2022-23) Note, the amount of interest due with respect to the Class A(2021A(2022-23) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 2 contracts

Samples: Indenture Supplement (Discover Card Master Trust I), Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 15April 16, 20212018, the amount of interest due with respect to the Class A(2021A(2018-21) Notes is $309,000.001,630,729.17. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2018-21) Note, the amount of interest due with respect to the Class A(2021A(2018-21) Notes shall be an amount equal to to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement

Interest Payment. For the first Interest Payment Date, October November 15, 20212007, the amount of interest due with respect to the Class A(2021A(2007-21) Notes is $309,000.006,434,722.22. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021-2A(2007- 1) Note, the amount of interest due with respect to the Class A(2021A(2007-21) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement

Interest Payment. For the first Interest Payment Date, October 15July 17, 20212023, the amount of interest due with respect to the Class A(2021A(2023-2) Notes is $309,000.002,328,055.56. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2023-2) Note, the amount of interest due with respect to the Class A(2021A(2023-2) Notes shall be an amount equal to to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement

Interest Payment. For the first Interest Payment Date, October May 15, 20212017, the amount of interest due with respect to the Class A(2021A(2017-24) Notes is $309,000.00562,222.22. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2017-24) Note, the amount of interest due with respect to the Class A(2021A(2017-24) Notes shall be an amount equal to (i) (A) a A)a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement (Discover Funding LLC)

Interest Payment. For the first Interest Payment Date, October 15September 17, 20212012, the amount of interest due with respect to the Class A(2021A(2012-26) Notes is $309,000.001,762,777.78. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2012-26) Note, the amount of interest due with respect to the Class A(2021A(2012-26) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement (Discover Card Execution Note Trust)

Interest Payment. For the first Interest Payment Date, October November 15, 20212013, the amount of interest due with respect to the Class A(2021A(2013-25) Notes is $309,000.00392,888.89. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2013-25) Note, the amount of interest due with respect to the Class A(2021A(2013-25) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement (Discover Card Master Trust I)

Interest Payment. For the first Interest Payment Date, October November 15, 20212013, the amount of interest due with respect to the Class A(2021A(2013-25) Notes is $309,000.00392,888.89. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2013-25) Note, the amount of interest due with respect to the Class A(2021A(2013-25) Notes shall be an amount equal to to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement

Interest Payment. For the first Interest Payment Date, October November 15, 20212007, the amount of interest due with respect to the Class A(2021A(2007-21) Notes is $309,000.006,434,722.22. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2007-21) Note, the amount of interest due with respect to the Class A(2021A(2007-21) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement (Discover Bank)

Interest Payment. For the first Interest Payment Date, October July 15, 20212008, the amount of interest due with respect to the Class A(2021A(2008-24) Notes is $309,000.003,178,125. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2008-24) Note, the amount of interest due with respect to the Class A(2021A(2008-24) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement (Discover Card Execution Note Trust)

Interest Payment. For the first Interest Payment Date, October March 15, 20212022, the amount of interest due with respect to the Class A(2021A(2022-21) Notes is $309,000.001,565,277.78. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2022-21) Note, the amount of interest due with respect to the Class A(2021A(2022-21) Notes shall be an amount equal to to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement

Interest Payment. For the first Interest Payment Date, October July 15, 20212008, the amount of interest due with respect to the Class A(2021A(2008-24) Notes is $309,000.003,178,125. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2008-24) Note, the amount of interest due with respect to the Class A(2021A(2008-24) Notes shall be an amount equal to to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement

Interest Payment. For the first Interest Payment Date, October September 15, 20212014, the amount of interest due with respect to the Class A(2021A(2014-24) Notes is $309,000.002,826,666.67. For each Interest Payment Date following the first Interest Payment Date for any Class A(2021A(2014-24) Note, the amount of interest due with respect to the Class A(2021A(2014-24) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is 30 and the denominator of which is 360, times

Appears in 1 contract

Samples: Indenture Supplement (Discover Card Master Trust I)

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