Common use of Shared Excess Available Finance Charge Collections Groups and Other Groups Clause in Contracts

Shared Excess Available Finance Charge Collections Groups and Other Groups. The Issuing Entity shall reallocate and redistribute certain excess Finance Charge Collections allocated to any Series to cover Series Available Finance Charge Collections Shortfalls incurred by Series belonging to any particular Shared Excess Available Finance Charge Collections Group to the extent and as specified in the related Indenture Supplements. The Issuing Entity may also establish other Groups for purposes of reallocating other amounts initially allocated to designated Series to the extent and as specified in the related Indenture Supplements.

Appears in 5 contracts

Samples: Trust Agreement (Chase Card Funding LLC), Servicing Agreement (Chase Issuance Trust), Servicing Agreement (Chase Issuance Trust)

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