Payment of the Third Party Credit Enhancement Fee. An amount equal to the lesser of (A) the Third Party Credit Enhancement Fee and (B) the amount on deposit in respect of the Third Party Enhancement Fee in the Series Distribution Account on such Distribution Date pursuant to Section 8 shall be withdrawn from the Series Distribution Account and paid to the Trustee as administrator of the Third Party Credit Enhancement for application in accordance with the provisions of the Third Party Credit Enhancement Agreement.
Appears in 4 contracts
Samples: Master Trust Certificates (Sears Credit Account Master Trust Ii), Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii), Master Trust Certificates (Sears Credit Account Master Trust Ii)
