Common use of Reimbursement of prior Third Party Credit Enhancement Drawings Clause in Contracts

Reimbursement of prior Third Party Credit Enhancement Drawings. On and after each Distribution Date after the Class A Invested Amount and Class B Invested Amount have been reduced to zero, if applicable, an amount equal to the lesser of

Appears in 20 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)

AutoNDA by SimpleDocs

Reimbursement of prior Third Party Credit Enhancement Drawings. On and after each Distribution Date after the Class A Invested Amount and Class B Invested Amount have been reduced to zero, if applicable, an amount equal to the lesser ofof (A) the sum of all unreimbursed Third Party Credit Enhancement Drawings and

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sears Credit Account Master Trust Ii)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.