Payment of the Class B Early Termination Premium or Class B Early Termination Premium Shortfall, as applicable. If applicable, an amount equal to the lesser of (A) the Class B Early Termination Premium or the Class B Early Termination Premium Shortfall, as applicable, and (B) the amount on deposit in respect of the Class B Early Termination Premium or the Class B Early Termination Premium Shortfall, as applicable, on such Distribution Date pursuant to Section 8 shall be withdrawn from the Series Distribution Account and paid to the Class B Investor Certificateholders.
Appears in 9 contracts
Samples: Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii), Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii), Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii)
Payment of the Class B Early Termination Premium or Class B Early Termination Premium Shortfall, as applicable. If applicable, an amount equal to the lesser of
of (A) the Class B Early Termination Premium or the Class B Early Termination Premium Shortfall, as applicable, and
(B) the amount on deposit in respect of the Class B Early Termination Premium or the Class B Early Termination Premium Shortfall, as applicable, on such Distribution Date pursuant to Section 8 shall be withdrawn from the Series Distribution Account and paid to the Class B Investor Certificateholders.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii), Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii)
Payment of the Class B Early Termination Premium or Class B Early Termination Premium Shortfall, as applicable. If applicable, an amount equal to the lesser of
of (A) the Class B Early Termination Premium or the Class B Early Termination Premium Shortfall, as applicable, and
and (B) the amount on deposit in respect of the Class B Early Termination Premium or the Class B Early Termination Premium Shortfall, as applicable, on such Distribution Date pursuant to Section 8 shall be withdrawn from the Series Distribution Account and paid to the Class B Investor Certificateholders.8
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii)
