Removal of Accounts. (a) Subject to the conditions set forth below, the Transferor may, but shall not be obligated to, designate Receivables from Accounts for deletion and removal ("Removed Accounts") from the Trust. On or before the fifth Business Day (the "Removal Notice Date") prior to the date on which the designated Removed Accounts will be reassigned by the Trustee to the Transferor (the "Removal Date"), the Transferor shall give the Trustee and the Servicer written notice that the Receivables from such Removed Accounts are to be reassigned to the Transferor.
Appears in 9 contracts
Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust), Pooling and Servicing Agreement (First Usa Bank Na as Servic on Behalf Wach Cred Card Mas Tr), Pooling and Servicing Agreement (Chase Credit Card Master Trust)
Removal of Accounts. (a) Subject to the conditions set forth below, the Transferor may, but shall not be obligated to, designate Receivables from Accounts for deletion and removal ("Removed Accounts") from the Trust; provided, however, that the Transferor shall not make more than one such designation in any Monthly Period. On or before the fifth Business Day (the "Removal Notice Date") prior to the date on which the designated Removed Accounts will be reassigned by the Trustee to the Transferor (the "Removal Date"), the Transferor shall give the Trustee and the Servicer written notice that the Receivables from such Removed Accounts are to be reassigned to the Transferor.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Chase Manhattan Bank Usa), Pooling and Servicing Agreement (First Usa Credit Card Master Trust), Pooling and Servicing Agreement (Dillard Asset Funding Co)
Removal of Accounts. (a) Subject to the conditions set forth below, Transferor shall have the Transferor may, but shall not be obligated to, right to designate Receivables from Accounts for deletion and removal to be reassigned to it or its designee ("“Removed Accounts") from the Trust”). On or before the fifth Business Day (the "“Removal Notice Date"”) prior to the date on upon which the designated Removed Accounts will be reassigned by the Trustee Issuer to the Transferor (the "“Removal Date"”), the Transferor shall give the Issuer, Indenture Trustee and the Servicer written notice that the Receivables from such Removed Accounts are to be reassigned to the Transferor.
Appears in 3 contracts
Samples: Transfer and Servicing Agreement (First National Funding LLC), Transfer and Servicing Agreement (First National Funding LLC), Transfer and Servicing Agreement (First National Master Note Trust)
Removal of Accounts. (a) Subject to the conditions set forth below, the Transferor may, but shall not be obligated to, designate Receivables from Accounts for deletion and removal ("Removed Accounts") from the Trust; provided that Transferor shall not make more than one such designation in any Monthly Period. On or before the fifth Business Day (the "Removal Notice Date") prior to the date on which the designated Removed Accounts will be reassigned by the Trustee to the Transferor (the "Removal Date"), the Transferor shall give the Trustee and the Servicer written notice that the Receivables from such Removed Accounts are to be reassigned to the Transferor.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (First National Bank of Commerce), Pooling and Servicing Agreement (First National Bank of Commerce)
Removal of Accounts. (a) Subject to the conditions set forth below, the Transferor may, but shall not be obligated to, designate Receivables from Accounts for deletion and removal ("“Removed Accounts"”) from the TrustIssuer. On or before the fifth Business Day (the "“Removal Notice Date"”) prior to the date on which the Receivables in the designated Removed Accounts will be reassigned by the Trustee Issuer to the Transferor (the "Removal Date")Transferor, the Transferor shall give the Trustee Issuer, the Servicer, and the Servicer Indenture Trustee written notice that the Receivables from such Removed Accounts are to be reassigned to the Transferor.
Appears in 2 contracts
Samples: Transfer Agreement (WF Card Funding LLC), Transfer Agreement (WF Card Issuance Trust)
Removal of Accounts. (a) Subject to the conditions set forth below, the Transferor may, but shall not be obligated to, designate Receivables from Accounts for deletion and removal ("“Removed Accounts"”) from the Trust. On or before the fifth Business Day (the "“Removal Notice Date"”) prior to the date on which the designated Removed Accounts will be reassigned by the Trustee to the Transferor (the "“Removal Date"”), the Transferor shall give the Trustee and the Servicer written notice that the Receivables from such Removed Accounts are to be reassigned to the Transferor.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust), Pooling and Servicing Agreement (First Usa Credit Card Master Trust)
Removal of Accounts. (a) Subject to the conditions set forth below, the Transferor may, but shall not be obligated to, designate Receivables from certain Accounts (the “Removed Accounts”) for deletion and removal ("Removed Accounts") from the Trust. On or before the fifth Business Day (the "“Removal Notice Date"”) prior to the date on which the designated Removed Accounts will be reassigned by the Trustee to the Transferor (the "“Removal Date"”), the Transferor shall give the Trustee and Trustee, the Servicer and each Rating Agency written notice that the Receivables from such Removed Accounts are to be reassigned to the Transferor.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust), Pooling and Servicing Agreement (First Usa Credit Card Master Trust)
Removal of Accounts. (a) Subject to the conditions set forth below, the Transferor may, but shall not be obligated to, designate Receivables from Accounts for deletion and removal ("Removed Accounts") from the Trust; provided that Transferor shall not make more than one such designation in any Monthly Period. On or before the fifth Business Day (the "Removal Notice Date") prior to the date on which the designated Removed Accounts will be reassigned by the Trustee to the Transferor (the "Removal Date"), the Transferor shall give the Trustee and the Servicer written notice that the Receivables from such Removed Accounts are to be reassigned to the Transferor.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mellon Bank Premium Finance Master Trust)
Removal of Accounts. (a) Subject to the conditions set forth below, the Transferor may, but shall not be obligated to, designate Receivables from time to time Accounts for deletion and removal ("“Removed Accounts"”) from the TrustAccounts. On or before the fifth Business Day (the "“Removal Notice Date"”) prior to the date on which the designated Removed Accounts will be reassigned by the Trustee to the Transferor (the "“Removal Date"”), the Transferor shall give the Trustee and the Servicer written notice that the Receivables from in such Removed Accounts are to be reassigned to the Transferor.
Appears in 1 contract
Samples: Master Pooling and Servicing Agreement (Circuit City Credit Card Master Trust)
Removal of Accounts. (a) Subject to the conditions set forth below, the Transferor may, but shall not be obligated to, designate Receivables from Accounts for deletion and removal ("“Removed Accounts"”) from the Trust; provided, however, that the Transferor shall not make more than one such designation in any Monthly Period. On or before the fifth Business Day (the "“Removal Notice Date"”) prior to the date on which the Receivables in the designated Removed Accounts will be reassigned by the Trustee to the Transferor (the "“Removal Date"”), the Transferor shall give the Trustee and the Servicer written notice that the Receivables from such Removed Accounts are to be reassigned to the Transferor.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (BA Master Credit Card Trust II)
