Legal Maturity. The Series [•] Notes shall be considered to be paid in full, the Holders of such Series [•] Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series [•] Notes on the earliest to occur of (i) the date on which the Outstanding Dollar Principal Amount with respect to Series [•], and all Monthly Interest on such Series [•] Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 7.08 of the Indenture and Section 4.14, and (iii) the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made in connection therewith. [END OF ARTICLE VI]
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Samples: Servicing Agreement (Barclays Dryrock Issuance Trust), Servicing Agreement (Barclays Dryrock Funding LLC), Servicing Agreement (Barclays Bank Delaware)
Legal Maturity. The Series [•] 2015-2 Notes shall be considered to be paid in full, the Holders of such Series [•] 2015-2 Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series [•] 2015-2 Notes on the earliest to occur of (i) the date on which the Outstanding Dollar Principal Amount with respect to Series [•]2015-2, and all Monthly Interest on such Series [•] 2015-2 Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 7.08 of the Indenture and Section 4.14, and (iii) the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made in connection therewith. [END OF ARTICLE VI]
Appears in 2 contracts
Samples: Indenture Supplements (Barclays Dryrock Issuance Trust), Servicing Agreement (Barclays Dryrock Issuance Trust)
Legal Maturity. The Series [•] 2014-1 Notes shall be considered to be paid in full, the Holders of such Series [•] 2014-1 Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series [•] 2014-1 Notes on the earliest to occur of (i) the date on which the Outstanding Dollar Principal Amount with respect to Series [•]2014-1, and all Monthly Interest on such Series [•] 2014-1 Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 7.08 of the Indenture and Section 4.14, and (iii) the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made in connection therewith. [END OF ARTICLE VI]
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Legal Maturity. The Series [•] 2012-2 Notes shall be considered to be paid in full, the Holders of such Series [•] 2012-2 Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series [•] 2012-2 Notes on the earliest to occur of (i) the date on which the Outstanding Dollar Principal Amount with respect to Series [•]2012-2, and all Monthly Interest on such Series [•] 2012-2 Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 7.08 of the Indenture and Section 4.14, and (iii) the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made in connection therewith. [END OF ARTICLE VI]] Back to Contents
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Legal Maturity. The Series [•] 2013-1 Notes shall be considered to be paid in full, the Holders of such Series [•] 2013-1 Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series [•] 2013-1 Notes on the earliest to occur of (i) the date on which the Outstanding Dollar Principal Amount with respect to Series [•]2013-1, and all Monthly Interest on such Series [•] 2013-1 Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 7.08 of the Indenture and Section 4.14, and (iii) the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made in connection therewith. [END OF ARTICLE VI]] Back to Contents
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