Series Yield Factor. 68 SECTION 27. Ratification of Pooling and Servicing Agreement...........................................................68 SECTION 28. Counterparts..............................................................................................68 SECTION 29.
Series Yield Factor. The Series Yield Factor for the Series established hereby shall initially be the Series Yield Factor set forth in the Series Term Sheet. The Master Servicer may change the Series Yield Factor upon 20 days prior written notice to the Trustee, Discover Bank on behalf of the Holder of the Seller Certificate, the Credit Enhancement Provider and the Rating Agencies, provided that the following conditions are satisfied: (i) the Series Yield Factor may not be reduced below the initial Series Yield Factor or increased to more than a total of 0.05; (ii) the Master Servicer shall have delivered to the Trustee a certificate to the effect that the Master Servicer reasonably believes that the change in the Series Yield Factor would not (x) result in any delay in the payment of principal to the Investor Certificateholders of any Series then outstanding, or (y) cause an Amortization Event or an Early Accumulation Event to occur with respect to any Series then outstanding; and (iii) Standard & Poor's shall have advised the Master Servicer and Discover Bank on behalf of the Holder of the Seller Certificate that such change in the Series Yield Factor would not cause the rating of any Class of any Series then outstanding to be lowered or withdrawn. Any such change shall be effective as of the first day of the Due Period specified in the notice of the Master Servicer.
Series Yield Factor. The Series Yield Factor for the Series established hereby initially shall be the Series Yield Factor set forth in the Series Term Sheet. The Servicer may change the Series Yield Factor upon 20 days prior written notice to the Trustee, the Seller, the Third Party Credit Enhancement Provider and the Rating Agencies, provided that the following conditions are satisfied: (i) the Series Yield Factor may not be reduced below the initial Series Yield Factor; (ii) the Servicer shall have delivered to the Trustee a certificate to the effect that the Servicer reasonably believes that the change in the Series Yield Factor would not (x) result in any delay in the payment of principal to the Investor Certificateholders of any Series then outstanding, or (y) cause a Rapid Amortization Event to occur with respect to any Series then outstanding; and (iii) the Rating Agencies shall have advised the Servicer and the Seller that such change in the Series Yield Factor would not cause a Ratings Event. Any such change shall be effective as of the first day of the Due Period specified in the notice of the Servicer. Series Yield Collections, if any, shall be treated as a "Series Additional Allocable Amount."
Series Yield Factor. The Series Yield Factor for the Series established hereby shall initially be the Series Yield Factor set forth in the Series Term Sheet. The Master Servicer may change the Series Yield Factor upon 20 days prior written notice to the Trustee, Greenwood on behalf of the Holder of the Seller Certificate, the Credit Enhancement Provider and the Rating Agencies, provided that the following conditions are satisfied: (i) the Series Yield Factor may not be reduced below the initial Series Yield Factor or increased to more than a total of 0.05; (ii) the Master Servicer shall have delivered to the Trustee a certificate to the effect that the Master Servicer reasonably believes that the change in the Series Yield Factor would not (x) result in any delay in the payment of principal to the Investor Certificateholders of any Series then outstanding, or (y) cause an Amortization Event to occur with respect to any Series then outstanding; and (iii) Standard & Poor's shall have advised the Master Servicer and Greenwood on behalf of the Holder of the Seller Certificate that such change in the Series Yield Factor would not cause the rating of any Class of any Series then outstanding to be lowered or withdrawn. Any such change shall be effective as of the first day of the Due Period specified in the notice of the Master Servicer.
Series Yield Factor. 88 SECTION 21. Issuance of Additional Investor Certificates. 88 SECTION 22. Sale or Transfer of Seller Retained Classes. 89 SECTION 23. Paired Series. . . . . . . . . . . . . . . . 90 SECTION 24.
Series Yield Factor. 68 SECTION 27. Ratification of Pooling and Servicing Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 SECTION 28. Counterparts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 SECTION 29.
Series Yield Factor. The Series Yield Factor for the Series established hereby shall initially be the Series Yield Factor set forth in the Series Term Sheet. The Master Servicer may change the Series Yield Factor upon 20 days prior written notice to the Trustee, Discover Bank on behalf of the Holder of the Seller Certificate, the Credit Enhancement Provider
Series Yield Factor. 56 SECTION 24. Ratification of Pooling and Servicing Agreement.......... 56 SECTION 25. Counterparts............................................. 56 SECTION 26. Governing Law............................................ 56 EXHIBITS EXHIBIT A: Form of Investors Certificates EXHIBIT B: Form of Certificateholders' Monthly Statement EXHIBIT C: Form of Master Servicer's Monthly Certificate DISCOVER CARD MASTER TRUST I SERIES 1997-1 CERTIFICATES This Series of Master Trust Certificates is established pursuant to Section 6.06 of that certain Pooling and Servicing Agreement, dated as of October 1, 1993, as amended, by and between GREENWOOD TRUST COMPANY, a Delaware banking corporation ("Greenwood"), as Master Servicer, Servicer and Seller and U.S. BANK NATIONAL ASSOCIATION d/b/a FIRST BANK NATIONAL ASSOCIATION (successor trustee to Bank of America Illinois, formerly Continental 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 1997-1 CERTIFICATES. SERIES TERM SHEET Date of Series Term Sheet August 26, 1997. Group One. Series Initial Investor Interest $789,474,000. Class Initial Investor Interest of each Class Class A - $750,000,000. of Investor Certificates Class B - $39,474,000. Class Initial Foreign Currency Investor Interest of each Class of Investor Class A - Not applicable. Certificates Class B - Not applicable.
Series Yield Factor. 92 SECTION 21. Issuance of Additional Investor Certificates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93 SECTION 22. Sale or Transfer of Seller Retained Classes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94 SECTION 23.
Series Yield Factor. The Series Yield Factor for the Series established hereby shall initially be the Series Yield Factor set forth in the Series Term Sheet. The Master Servicer may change the Series Yield Factor upon 20 days prior written notice to the Trustee, Greenwood on behalf of the Holder of the Seller Certificate, the Credit Enhancement Provider and the Rating Agencies, provided that the following conditions are satisfied: (i) the Series Yield Factor may not be reduced below the initial Series Yield Factor or increased to more than a total of 0.05; (ii) the Master Servicer shall have delivered to the Trustee a certificate to the effect that the Master Servicer reasonably believes that the change in the Series Yield Factor would not (x)
