Common use of Required Additional Accounts Clause in Contracts

Required Additional Accounts. (i) If, as of the end of any Monthly Period, (x) the total amount of Principal Receivables and the then outstanding principal amount of any Participation Interests theretofore conveyed to the Trust is less than the Required Minimum Principal Balance on such date, or (y) the Seller’s Interest Amount is less than the Required Seller’s Interest Amount, the Transferors shall on or prior to the close of business on the tenth Business Day of the next Monthly Period (the “Required Designation Date”), cause to be designated additional Eligible Accounts to be included as Accounts as of the Required Designation Date or any earlier date in a sufficient amount (or such lesser amount as shall represent all Eligible Accounts then available to the Transferors under the Receivables Purchase Agreements) such that, after giving effect to such addition, (A) the aggregate principal balance of Principal Receivables, plus the then outstanding principal amount of any Participation Interests conveyed to the Trustee as of the close of business on the Addition Date, is at least equal to the Required Minimum Principal Balance on such date and (B) the Seller’s Interest Amount is at least equal to the Required Seller’s Interest Amount on such date.

Required Additional Accounts. (i) If, as of the end close of business on the last Business Day of any Monthly Periodcalendar month, (x) the total amount of Principal Receivables and the then outstanding principal amount of any Participation Interests theretofore conveyed to the Trust is less than the Required Minimum Principal Balance on such date, or (y) the Seller’s Interest Amount is less than the Required Seller’s Interest Amount, the Transferors Transferor shall on or prior to the close of business on the tenth Business Day of the next Monthly Period succeeding calendar month (the “"Required Designation Date”"), cause to be designated additional Eligible Accounts to be included as Accounts as of the Required Designation Date or any earlier date in a sufficient amount (or such lesser amount as to which such Transferor is an Account Owner or as shall represent all Eligible Accounts constituting VISA and MasterCard consumer revolving credit card accounts then available to the Transferors Transferor under the Receivables Purchase Agreements) such that, after giving effect to such additionaddition and the addition of each other Transferor, (A) the aggregate principal balance of Principal Receivables, plus the then outstanding principal amount of any Participation Interests conveyed to the Trustee Trust as of the close of business on the Addition Date, Date is at least equal to the Required Minimum Principal Balance on such date and (B) the Seller’s Interest Amount is at least equal to the Required Seller’s Interest Amount on such date.

Required Additional Accounts. (i) If, on any Determination Date, as of the end close of any business on the last Business Day of the preceding Monthly Period, either (x) the total Transferors' Interest is less than the required Transferor Interest or (y) the aggregate amount of the Principal Receivables and the then outstanding principal amount of any Participation Interests theretofore conveyed to the Trust is less than the Required Minimum Principal Balance (as adjusted for any Series having a Paired Series as described in the Indenture Supplement for such Series) on such date, or (y) the Seller’s Interest Amount is less than the Required Seller’s Interest Amount, the Transferors shall on or prior to the close of business on the tenth 10th Business Day following such Determination Date (the "Required Designation Date"), unless the aggregate amount of the Principal Receivables exceeds the Required Minimum Principal Balance as of the close of business on any day after the last Business Day of such calendar month and prior to the next Monthly Period (the “Required Designation Date”), cause to be designated additional effect the addition of Eligible Accounts to be included as Accounts as of the Required Designation Date or any earlier date in a sufficient amount (or such lesser amount as shall represent all Eligible Accounts constituting credit accounts then owned by one or more Transferors or available to the one or more Transferors under the a Receivables Purchase AgreementsAgreement) such that, after giving effect to such additionaddition and the addition by each other Transferor, (A) the aggregate principal balance of Principal Receivables, plus the then outstanding principal amount of any Participation Interests conveyed to the Trustee as of the close of business on the Addition Date, Principal Receivables is at least equal to the Required Minimum Principal Balance on such date and (B) the Seller’s Interest Amount is at least equal to the Required Seller’s Interest Amount on such date.

Required Additional Accounts. (i) If, as of the end close of business on the last Business Day of any Monthly Periodcalendar month, (xa) the total amount of Principal Receivables and the then outstanding principal amount of any Participation Interests theretofore conveyed to the Trust is less than the Required Minimum Principal Balance on such date, date or (yb) the Seller’s Interest Transferor Amount on the last business day of any calendar month is less than the Required Seller’s Interest Transferor Amount, the Transferors Transferor shall on or prior to the close of business on the tenth Business Day of the next Monthly Period succeeding calendar month (the “"Required Designation Date”"), cause to be designated additional Eligible Accounts to be included as Accounts as of the Required Designation Date or any earlier date in a sufficient amount (or such lesser amount as shall represent all Eligible Accounts constituting VISA and MasterCard consumer revolving credit card accounts then available to the Transferors Transferor under the Receivables Purchase Agreements) such that, after giving effect to such addition, (A) addition the aggregate principal balance of Principal Receivables, plus the then outstanding principal amount of any Participation Interests conveyed to the Trustee Trust as of the close of business on the Addition Date, Date is at least equal to the Required Minimum Principal Balance on such date and (B) the Seller’s Interest Amount is at least equal to the Required Seller’s Interest Amount on such date.