Common use of Series Termination Clause in Contracts

Series Termination. (a) If, on the _________ Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.2). Such bids shall require that such sale shall (subject to subsection 7.2(b)) occur on the Series 1997-1

Appears in 2 contracts

Samples: Partners First Receivables Funding Corp, Credit Card Receivables Funding Corp

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Series Termination. (a) If, on the _________ June 2009 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Capital One Master Trust), Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ February 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972000-1 4 Termination Date (after giving effect to all distributions required to be made on the Series 19972000-1 4 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972000-14

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust), Agreement (American Express Centurion Bank)

Series Termination. (a) If, on the _________ September 2007 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972000-1 3 Termination Date (after giving effect to all distributions required to be made on the Series 19972000-1 3 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972000-13

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust), Pooling and Servicing Agreement (American Express Centurion Bank)

Series Termination. (a) If, on the _________ October 2006 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19971999-1 2 Termination Date (after giving effect to all distributions required to be made on the Series 19971999-1 2 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19971999-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ September 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972001-1 4 Termination Date (after giving effect to all distributions required to be made on the Series 19972001-1 4 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972001-14

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Series Termination. (a) If, on the _________ January 2009 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ September 2010 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972003-1 3 Termination Date (after giving effect to all distributions required to be made on the Series 19972003-1 3 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972003-13

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Series Termination. (a) If, on the _________ July 2010 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972003-1 Termination Date (after giving effect to all distributions required to be made on the Series 19972003-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972003-1

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ February 2007 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ December 2007 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19971999-1 5 Termination Date (after giving effect to all distributions required to be made on the Series 19971999-1 5 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19971999-15

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ December 2007 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ November 2005 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19971999-1 Termination Date (after giving effect to all distributions required to be made on the Series 19971999-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19971999-1

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ January 2010 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ November 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972003-1 4 Termination Date (after giving effect to all distributions required to be made on the Series 19972003-1 4 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972003-14

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Series Termination. (a) If, on the _________ January 2010 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972002-1 6 Termination Date (after giving effect to all distributions required to be made on the Series 19972002-1 6 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972002-16

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Centurion Bank)

Series Termination. (a) If, on the _________ September 2010 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972001-1 5 Termination Date (after giving effect to all distributions required to be made on the Series 19972001-1 5 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972001-15

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ June 2007 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ November 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ July 2009 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972002-1 Termination Date (after giving effect to all distributions required to be made on the Series 19972002-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972002-1

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Centurion Bank)

Series Termination. (a) If, on the _________ July 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972001-1 Termination Date (after giving effect to all distributions required to be made on the Series 19972001-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972001-1

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Centurion Bank)

Series Termination. (a) If, on the _________ June 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ February 2005 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 1997-1

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ July 2007 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972000-1 2 Termination Date (after giving effect to all distributions required to be made on the Series 19972000-1 2 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972000-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Series Termination. (a) If, on the _________ October 2009 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972002-1 3 Termination Date (after giving effect to all distributions required to be made on the Series 19972002-1 3 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972002-13

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Centurion Bank)

Series Termination. (a) If, on the _________ June 2006 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-40- day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ December 2007 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972002-1 4 Termination Date (after giving effect to all distributions required to be made on the Series 19972002-1 4 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972002-14

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ July 2011 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972004-1 Termination Date (after giving effect to all distributions required to be made on the Series 19972004-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972004-1

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Series Termination. (a) If, on the _________ October 2010 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ April 2007 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which that begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1)

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Providian National Bank)

Series Termination. (a) If, on the _________ September 2006 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19971998-1 3 Termination Date (after giving effect to all distributions required to be made on the Series 19971998-1 3 Termination Date, except pursuant to this Section 7.2). Such bids shall require that such sale shall (subject to subsection 7.2(b)) occur on the Series 19971998-13

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Partners First Credit Card Master Trust)

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Series Termination. (a) If, on the _________ December 2005 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19971999-1 4 Termination Date (after giving effect to all distributions required to be made on the Series 19971999-1 4 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19971999-14

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ October 2005 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which that begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1)

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Providian National Bank)

Series Termination. (a) If, on the _________ September 2004 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19971998-1 2 Termination Date (after giving effect to all distributions required to be made on the Series 19971998-1 2 Termination Date, except pursuant to this Section 7.2). Such bids shall require that such sale shall (subject to subsection 7.2(b)) occur on the Series 19971998-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Partners First Credit Card Master Trust)

Series Termination. (a) If, on the _________ October 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972001-1 6 Termination Date (after giving effect to all distributions required to be made on the Series 19972001-1 6 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972001-16

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ March 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which that begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1)

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Providian National Bank)

Series Termination. (a) If, on the _________ July 2003 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or or, interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19971996-1 3 Termination Date (after giving effect to all distributions required to be made on the Series 19971996-1 3 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19971996-13

Appears in 1 contract

Samples: Pooling and Servicing Agreement (At&t Universal Card Master Trust)

Series Termination. (a) If, on the _________ December 2011 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972002-1 5 Termination Date (after giving effect to all distributions required to be made on the Series 19972002-1 5 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972002-15

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ October 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972001-1 7 Termination Date (after giving effect to all distributions required to be made on the Series 19972001-1 7 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972001-17

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ September 2009 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972002-1 2 Termination Date (after giving effect to all distributions required to be made on the Series 19972002-1 2 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972002-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Centurion Bank)

Series Termination. (a) If, on the _________ August 2010 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-40- day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ February 2004 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or or, interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.2). Such bids shall require that such sale shall (subject to subsection 7.2(b)) occur on the Series 1997-1Termination

Appears in 1 contract

Samples: Pooling and Servicing Agreement (At&t Universal Funding Corp)

Series Termination. (a) If, on the _________ November 2009 Distribution Date, the Invested Amount (after giving effect to all changes therein on such dateDistribution Date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1Termination Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital One Master Trust)

Series Termination. (a) If, on the _________ August 2010 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972003-1 2 Termination Date (after giving effect to all distributions required to be made on the Series 19972003-1 2 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972003-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Centurion Bank)

Series Termination. (a) If, on the _________ October 2006 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19971999-1 3 Termination Date (after giving effect to all distributions required to be made on the Series 19971999-1 3 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19971999-13

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

Series Termination. (a) If, on the _________ July 2007 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972000-1 Termination Date (after giving effect to all distributions required to be made on the Series 19972000-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972000-1

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Series Termination. (a) If, on the _________ August 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972001-1 2 Termination Date (after giving effect to all distributions required to be made on the Series 19972001-1 2 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972001-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Series Termination. (a) If, on the _________ August 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972001-1 3 Termination Date (after giving effect to all distributions required to be made on the Series 19972001-1 3 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19972001-13

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Series Termination. (a) If, on the _________ June 2009 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which that begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 1997-1 Termination Date (after giving effect to all distributions required to be made on the Series 1997-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(bSection 7.02(b)) occur on the Series 1997-1)

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Providian National Bank /New/)

Series Termination. (a) If, on the _________ February 2008 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19972000-1 5 Termination Date (after giving effect to all distributions required to be made on the Series 19972000-1 5 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b)SERIES 2000-5 SUPPLEMENT) occur on the Series 1997-131

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust)

Series Termination. (a) If, on the _________ November 2005 Distribution Date, the Invested Amount (after giving effect to all changes therein on such date) would be greater than zero, the Servicer, on behalf of the Trustee, shall, within the 40-day period which begins on such Distribution Date, solicit bids for the sale of Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount equal to the Invested Amount at the close of business on the last day of the Monthly Period preceding the Series 19971998-1 Termination Date (after giving effect to all distributions required to be made on the Series 19971998-1 Termination Date, except pursuant to this Section 7.27.02). Such bids shall require that such sale shall (subject to subsection 7.2(b7.02(b)) occur on the Series 19971998-1

Appears in 1 contract

Samples: Pooling and Servicing Agreement (American Express Centurion Bank)

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