Common use of Removal of Accounts Clause in Contracts

Removal of Accounts. (a) On any day of any Due Period the Sellers shall have the right to require the reassignment to them or their designee of all the Trust’s right, title and interest in, to and under the Receivables then existing and thereafter created, all monies due or to become due and all amounts received with respect thereto and all proceeds thereof in or with respect to the Accounts designated by the Sellers, upon satisfaction of all the following conditions:

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Pooling and Servicing Agreement, Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust)

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Removal of Accounts. (a) On any day of any Due Period the Sellers shall have the right to require the reassignment to them it or their its designee of all the Trust’s 's right, title and interest in, to and under the Receivables then existing and thereafter created, all monies due or to become due and all amounts received with respect thereto and all proceeds thereof in or with respect to the Accounts designated by the SellersSellers (the "Removed Accounts"), upon satisfaction of all the following conditions:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Citibank South Dakota N A)

Removal of Accounts. (a) On any day of any Due Period the Sellers shall have the right to require the reassignment to them it or their its designee of all the Trust’s right, title and interest in, to and under the Receivables then existing and thereafter created, all monies due or to become due and all amounts received with respect thereto and all proceeds thereof in or with respect to the Accounts designated by the SellersSellers (the “Removed Accounts”), upon satisfaction of all the following conditions:

Appears in 1 contract

Samples: Pooling and Servicing Agreement

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Removal of Accounts. (a) On any day of any Due Monthly ------------------- Period the Sellers each Seller shall have the right to require the reassignment to them it or their its designee of all the Trust’s 's right, title and interest in, to and under the Receivables then existing and thereafter created, all monies moneys due or to become due and all amounts received with respect thereto and all proceeds thereof in or with respect to the Accounts owned and designated by such Seller (the Sellers"Removed ------- Accounts"), upon satisfaction of all the following conditions:: --------

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One FSB)

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