Portfolio Yield. (a) The Portfolio Yield (Note that this amount is calculated on a net basis) for the related Monthly Period 14.9510%
(b) The Portfolio Adjusted Yield for the related Monthly Period 6.8540%
Portfolio Yield. (a) The Portfolio Yield for the related Monthly Period $
(b) The Portfolio Adjusted Yield for the related Monthly Period $ $
Portfolio Yield. The Portfolio Yield for the related Monthly Period $
Portfolio Yield. Yield component [Finance Charge Receivables collected during the Due Period / Principal Receivables in the Trust on the last day of the prior Due Period] ........................................_____% Credit loss component [net charged-off Principal Receivables during the DuePeriod / Principal Receivables in the Trust on the last day of the prior Due Period] ........................................_____%
Portfolio Yield. Buyer has Disclosed in Section 2.3.8 of the Buyer Disclosure Schedule the average gross yield received by Buyer on the Buyer’s MMDA Portfolio at TD Bank USA for the quarter ended March 31, 2007.
Portfolio Yield. On the first day of January of each year, all amounts remaining in the Systematic Withdrawal Payment Option related to applications or transfers from another company made prior to the preceding January 1, shall no longer earn the New Money Yield. These amounts shall earn the Portfolio Yield effective for the current calendar year. The Portfolio Yield may be different than the New Money Yield and shall be established by the Company before the end of each calendar year to be effective for the next calendar year and may be different every year. The Portfolio Yield shall not be less than the Guaranteed Interest Rate. The Company reserves the right to establish different Portfolio Yields for different classes of policyholders in compliance with applicable state laws. Designation of Payment Frequency When the Accountholder elects the Systematic Withdrawal Payment Option, the Accountholder must designate the frequency of payments. Payments may be made monthly, quarterly, semi-annually or annually. The Accountholder may change the frequency of payments only once in a calendar year. Beginning of Payments Payments to the Accountholder or his/her designated Payee must begin no later than one year from the day of the first deposit. Amount of Payments Each payment must not be less than the greater of (i) one hundred dollars ($100.00), or (ii) the minimum distribution and minimum incidental death benefit amount required under the Internal Revenue Code and any regulations issued thereunder, as amended from time to time. The Company reserves the right to make a lump sum payment of all of an Accountholder's interest in the Systematic Withdrawal Payment Option if that interest is less than one hundred dollars ($100.00). The Accountholder may change the amount of the payment only once in a calendar year. On a form and in a manner prescribed by the Company, the Accountholder may elect to receive regular and systematic payments from the Systematic Withdrawal Option Account on a monthly, quarterly, semi-annual or annual basis. Each payment made to an Accountholder will be debited from the Systematic Withdrawal Option Account on a last in, first out (LIFO) basis, except for the interest-only option as described below. The number of payments received may vary depending upon the new money yields and/or portfolio yields earned. Systematic Withdrawal Payment Option Rider - Vol SYSTEMATIC WITHDRAWAL PAYMENT OPTION RIDER
Portfolio Yield. The Portfolio Yield for the related Monthly Period $_____________ By: Name: Title: 1. The aggregate amount of the Investor Percentage of Collections of Principal Receivables $
Portfolio Yield. 32 2.4. No Other Representations or Warranties.................... 32 ARTICLE III. COVENANTS................................................. 32
Portfolio Yield. (a) The Portfolio Yield for the related Monthly Period ____%
(b) The Portfolio Adjusted Yield for the related Monthly Period ____% C. Floating Rate Determinations
1. LIBOR for the Interest Period ending on this Distribution Date ____% MBNA AMERICA BANK, NATIONAL ASSOCIATION, Servicer By:_________________________ Name: Title EXHIBIT D FORM OF INVESTMENT LETTER [Date] Re MBNA Master Credit Card Trust II; Purchases of Series 2000-G Collateral Interest Ladies and Gentlemen: This letter (the "Investment Letter") is delivered by the undersigned (the "Purchaser") pursuant to Section 19 of the Series 2000-G Supplement dated as of July 20, 2000 (the "Series Supplement") to the Pooling and Servicing Agreement dated as of August 4, 1994 (as amended and supplemented, the "Agreement"), each among The Bank of New York, as Trustee, and MBNA America Bank, National Association, as Servicer and Seller. Capitalized terms used herein without definition shall have the meanings set forth in the Agreement. The Purchaser represents to and agrees with the Seller as follows:
(a) The Purchaser has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of its investment in the Collateral Interest and is able to bear the economic risk of such investment.
(b) The Purchaser is an "accredited investor", as defined in Rule 501, promulgated by the Securities and Exchange Commission (the "Commission") under the Securities Act of 1933, as amended (the "Securities Act"), or is a sophisticated institutional investor. The Purchaser understands that the offering and sale of the Collateral Interest has not been and will not be registered under the Securities Act and has not and will not be registered or qualified under any applicable "Blue Sky" law, and that the offering and sale of the Collateral Interest has not been reviewed by, passed on or submitted to any federal or state agency or commission, securities exchange or other regulatory body.
(c) The Purchaser is acquiring an interest in the Collateral Interest without a view to any distribution, resale or other transfer thereof except, with respect to any Collateral Interest or any interest or participation therein, as contemplated in the following sentence. The Purchaser will not resell or otherwise transfer any interest or participation in the Collateral Interest, except in accordance with Section 19 of the Series Supplement and (i) in a transaction exempt from the registration req...
Portfolio Yield. On any day, the excess, if any, of (i) the Portfolio Rate on such day over (ii) the sum of (A) the Interest Rate on such day plus (B) the annual percentage rate at which such portion of the Facility Fee which is payable in respect of Advances Outstanding is computed. The provisions of this Agreement referencing Portfolio Yield shall be inapplicable for any Collection Period at the end of which the Advances Outstanding equal zero.
