Representations and Warranties of Discover Bank. Discover Bank hereby represents and warrants to the Trust, in the case of subsections (a), (b), (f) and (g) below, as of the date of this Agreement and the Initial Closing Date, and, in the case of subsections (c), (d) and (e) below, as of the dates specified therein, that:
Representations and Warranties of Discover Bank. Discover Bank acknowledges its representations and warranties relating to the Additional Accounts that are made on the Addition Date under Sections 4.1 and 4.2 of the Receivables Sale and Contribution Agreement.
Representations and Warranties of Discover Bank. Discover Bank represents and warrants to DB Servicing Corporation as follows:
Representations and Warranties of Discover Bank. Discover Bank represents and warrants to DPI as follows:
Representations and Warranties of Discover Bank. DB represents and warrants to DFS as follows:
Representations and Warranties of Discover Bank. DB represents and warrants to DPI as follows:
Representations and Warranties of Discover Bank as Master Servicer and Servicer 7 SECTION 5. Representations and Warranties of Other Servicers 8 SECTION 6. Representations and Warranties of the Trustee 8 SECTION 7. Authentication of Certificates 8 SECTION 8. Establishment and Administration of Investor Accounts 8 SECTION 9. Allocations of Collections 10 SECTION 10. Payments 14 SECTION 11. [RESERVED] 14 SECTION 12. [RESERVED] 14 SECTION 13. [RESERVED] 14 SECTION 14. Servicing Compensation 14 SECTION 15. [RESERVED] 15 SECTION 16. [RESERVED] 15 SECTION 17. Investor Certificateholders’ Monthly Statement 15 SECTION 18. Master Servicer’s Monthly Certificate 15 SECTION 19. [RESERVED] 15 SECTION 20. [RESERVED] 15 SECTION 21. [RESERVED] 15 SECTION 22. Purchase of Investor Certificates and Series Termination 15 SECTION 23. [RESERVED] 16 SECTION 24. [RESERVED] 16 SECTION 25. Ratification of Pooling and Servicing Agreement 16 SECTION 26. Counterparts 16 SECTION 27. Governing Law 16 SECTION 28. Intention of Parties 16 SECTION 29. Amendment for Sale Accounting Purposes 16 SECTION 30. Election Under Delaware Asset-Backed Securities Facilitation Act 17 SECTION 31. Increases in Series Investor Interest 17 SECTION 32. Increases in Designated SD Percentage 17 SECTION 33. Delay of the Class Expected Final Payment Date or Series Termination Date. 17 EXHIBITS EXHIBIT A: Form of Investor Certificate EXHIBIT B: Form of Certificateholders’ Monthly Statement EXHIBIT C: Form of Master Servicer’s Monthly Certificate SCHEDULES SCHEDULE I: List of Series DISCOVER CARD MASTER TRUST I SERIES 2009-SD CERTIFICATES This Series of Master Trust Certificates is established pursuant to Section 6.06 of that certain Amended and Restated Pooling and Servicing Agreement, dated as of November 3, 2004, as amended, by and between DISCOVER BANK, a Delaware banking corporation (“Discover Bank”), as Master Servicer, Servicer and Seller and U.S. BANK NATIONAL ASSOCIATION (the “Trustee”), as Trustee (the “Pooling and Servicing Agreement”). This SERIES TERM SHEET and the ANNEX attached hereto, by and among the Master Servicer, the Servicers, the Sellers and the Trustee, constitute the SERIES SUPPLEMENT (the “Series Supplement”). The Pooling and Servicing Agreement and this Series Supplement together establish the Series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 2009-SD CERTIFICATES. SERIES TERM SHEET Date of Series Term Sheet September 23, 2009. Group One. Interchange Series Yes. Series Initial Investor Interest...
