Common use of New Series Clause in Contracts

New Series. Pursuant to one or more Indenture Supplements, Successor Owner may issue one or more new Series of Notes (a “New Issuance”), as more fully described in the Indenture. To enable Servicer to perform its obligations pursuant to Sections 2.12 and 2.13, Successor Owner shall give reasonable prior notice to Servicer of each New Issuance and shall provide Servicer an opportunity to review and comment upon each Indenture Supplement. All outstanding Series shall be equally and ratably entitled as provided herein to the benefits of this Servicing Agreement without preference, priority or distinction, all in accordance with the terms and provisions of this Servicing Agreement except, with respect to any Series, as provided in the related Indenture Supplement.

Appears in 3 contracts

Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement (GE Capital Credit Card Master Note Trust)

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New Series. Pursuant to one or more Indenture Supplements, Successor Owner may issue one or more new Series of Notes (a “New Issuance”), as more fully described in the Indenture. To enable Master Servicer to perform its obligations pursuant to Sections 2.12 2.11 and 2.132.12, Successor Owner shall give reasonable prior notice to Master Servicer of each New Issuance and shall provide Master Servicer an opportunity to review and comment upon each Indenture Supplement. All outstanding Series shall be equally and ratably entitled as provided herein to the benefits of this Servicing Agreement without preference, priority or distinction, all in accordance with the terms and provisions of this Servicing Agreement except, with respect to any Series, as provided in the related Indenture Supplement.

Appears in 3 contracts

Samples: Servicing Agreement (CDF Funding, Inc.), Servicing Agreement (CDF Funding, Inc.), Servicing Agreement (GE Dealer Floorplan Master Note Trust)

New Series. Pursuant to one or more Indenture Supplements, Successor Owner may issue one or more new Series of Notes (a "New Issuance"), as more fully described in the Indenture. To enable Master Servicer to perform its obligations pursuant to Sections 2.12 2.11 and 2.132.12, Successor Owner shall give reasonable prior notice to Master Servicer of each New Issuance and shall provide Master Servicer an opportunity to review and comment upon each Indenture Supplement. All outstanding Series shall be equally and ratably entitled as provided herein to the benefits of this Servicing Agreement without preference, priority or distinction, all in accordance with the terms and provisions of this Servicing Agreement except, with respect to any Series, as provided in the related Indenture Supplement.. Servicing Agreement

Appears in 1 contract

Samples: Servicing Agreement (CDF Funding, Inc.)

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New Series. Pursuant to one or more Indenture Supplements, Successor Owner may issue one or more new Series of Notes (a "New Issuance"), as more fully described in the Indenture. To enable Master Servicer to perform its obligations pursuant to Sections 2.12 2.11 and 2.132.12, Successor Owner shall give reasonable prior notice to Master Servicer of each New Issuance and shall provide Master Servicer an opportunity to review and comment upon each Indenture Supplement. All outstanding Series shall be equally and ratably entitled as provided herein to the benefits of this Servicing Agreement without preference, priority or distinction, all in accordance with the terms and provisions of this Servicing Agreement except, with respect to any Series, as provided in the related Indenture Supplement.

Appears in 1 contract

Samples: Servicing Agreement (CDF Funding, Inc.)

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