Payments of Interest; Payments with Respect to Derivative Agreements for Interest, Accretion on Discount Notes. If the amount on deposit in the Interest Funding sub- Account for any Tranche of Class C Notes is insufficient to pay in full the amounts for which withdrawals are required under Section 4.13, on the Transfer Date immediately preceding the date of such payment, an amount equal to that deficiency will be withdrawn from the Class C Reserve sub-Account for such Tranche and deposited into the Interest Funding sub-Account for such Tranche.
Appears in 2 contracts
Samples: Indenture (WF Card Funding LLC), WF Card Issuance Trust
Payments of Interest; Payments with Respect to Derivative Agreements for Interest, Accretion on Discount Notes. If the amount on deposit in the Interest Funding sub- sub-Account for any Tranche of Class C Notes is insufficient to pay in full the amounts for which withdrawals are required under Section 4.133.13, on the Transfer Date immediately preceding the such payment date of such payment, an amount equal to that deficiency will be withdrawn from the Class C Reserve sub-Account for such Tranche of Class C Notes and deposited into the that Interest Funding sub-Account for such TrancheTranche of Class C Notes.
Appears in 2 contracts
Samples: Series Indenture Supplement (Capital One Master Trust), Series Indenture Supplement (Capital One Master Trust)
Payments of Interest; Payments with Respect to Derivative Agreements for Interest, Accretion on Discount Notes. If the amount on deposit in the Interest Funding sub- sub-Account for any Tranche tranche of Class C Notes is insufficient to pay in full the amounts for which withdrawals are required under Section 4.133.13, on the Transfer Date immediately preceding the date of such payment, payment an amount equal to that deficiency will be withdrawn from the Class C Reserve sub-Account for such Tranche tranche and deposited into the that Interest Funding sub-Account for such TrancheAccount.
Appears in 2 contracts
Samples: Baseries Indenture Supplement (BA Master Credit Card Trust II), Baseries Indenture Supplement (BA Credit Card Trust)
Payments of Interest; Payments with Respect to Derivative Agreements for Interest, Accretion on Discount Notes. If the amount on deposit in the Interest Funding sub- sub‑ Account for any Tranche tranche of Class C Notes is insufficient to pay in full the amounts for which withdrawals are required under Section 4.133.13, on the Transfer Date immediately preceding the date of such payment, payment an amount equal to that deficiency will be withdrawn from the Class C Reserve sub-Account sub‑Account for such Tranche tranche and deposited into the that Interest Funding sub-Account for such Tranchesub‑Account.
Appears in 1 contract
Payments of Interest; Payments with Respect to Derivative Agreements for Interest, Accretion on Discount Notes. If the amount on deposit in the Interest Funding sub- Account for any Tranche tranche of Class C Notes is insufficient to pay in full the amounts for which withdrawals are required under Section 4.133.13, on the Transfer Date immediately preceding the date of such payment, payment an amount equal to that deficiency will be withdrawn from the Class C Reserve sub-Account for such Tranche tranche and deposited into the that Interest Funding sub-Account for such TrancheAccount.
Appears in 1 contract
Samples: Baseries Indenture Supplement (BA Credit Card Trust)