Common use of PFA Prefunding Earnings Shortfall Clause in Contracts

PFA Prefunding Earnings Shortfall. On or prior to each Distribution Date, the Issuer will calculate the PFA Prefunding Earnings Shortfall (if any) for the Principal Funding sub-Account for each Tranche of Notes. If there is any PFA Prefunding Earnings Shortfall for any Principal Funding sub-Account for that Distribution Date, or any unpaid PFA Prefunding Earnings Shortfall for any Principal Funding sub-Account from any earlier Distribution Date, in each case for any Tranche of Notes, the Issuer will notify the Transferor and the Master Trust pursuant to the related Series Supplement of that amount. On each Distribution Date, the Indenture Trustee will treat as Card Series Finance Charge Amounts the amount received by the Issuer in respect of segregated transferor interest finance charge amounts payable to the Issuer pursuant to the related Series Supplement with respect to each Principal Funding sub-Account, if any; provided, however, that any such amounts paid to the Issuer following an insolvency of the related transferor will be deposited directly into the applicable Interest Funding sub-Accounts pro rata based on the Floating Allocation Amount for such Monthly Period for each Tranche with prefunded amounts in its Principal Funding sub-Account.

PFA Prefunding Earnings Shortfall. On or prior to each Distribution Transfer Date, the Issuer will calculate the PFA Prefunding Earnings Shortfall (if any) for the Principal Funding sub-Account for each Tranche tranche of Notes. If there is any PFA Prefunding Earnings Shortfall for any Principal Funding sub-Account for that Distribution Transfer Date, or any unpaid PFA Prefunding Earnings Shortfall for any Principal Funding sub-Account from any earlier Distribution Transfer Date, in each case for any Tranche tranche of Notes, the Issuer will notify the Transferor and the Master Trust pursuant to Section 4.09 of the related Series 2001-D Supplement of that amount. On each Distribution Transfer Date, the Indenture Trustee will treat as Card Series Finance Charge Amounts BAseries Available Funds the amount received by the Issuer in respect of segregated transferor interest finance charge amounts payable to the Issuer pursuant to Section 4.09 of the related Series 2001-D Supplement with respect to each Principal Funding sub-Account, if any; provided, however, that any such amounts amount paid to the Issuer following an insolvency pursuant to the proviso to Section 4.09(b) of the related transferor Series 2001-D Supplement will be deposited directly into the applicable Interest Funding sub-Accounts pro rata based on the Floating Allocation Nominal Liquidation Amount for such as of the close of business on the last day of the preceding Monthly Period for of each Tranche tranche with prefunded amounts in its Principal Funding sub-Account.