Common use of Supplemental Credit Enhancement Event Clause in Contracts

Supplemental Credit Enhancement Event. In the event that a Supplemental Credit Enhancement Event occurs, Greenwood as Servicer may cause the Supplemental Credit Enhancement Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit Enhancement Amount, or may request that the Credit Enhancement Provider

Appears in 2 contracts

Samples: Credit Enhancement Agreement (Discover Card Master Trust I), Credit Enhancement Agreement (Discover Card Master Trust I)

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Supplemental Credit Enhancement Event. In the event that a Supplemental Credit Enhancement Event occurs, Greenwood as Servicer may cause the Supplemental Credit Enhancement Enhacement Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit Enhancement Amount, or may request that the Credit Enhancement ProviderProvider make an additional loan in the amount of the Supplemental Credit Enhancement Amount. If Greenwood as Servicer makes such a request, and if the Credit Enhancement Provider elects to

Appears in 1 contract

Samples: Credit Enhancement Agreement (Discover Card Master Trust I)

Supplemental Credit Enhancement Event. In the event that a Supplemental Credit Enhancement Event occurs, Greenwood as Servicer may cause the Supplemental Credit Enhancement Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit Enhancement Amount, or may request that the Credit Enhancement ProviderProvider make an additional loan in the amount of the Supplemental Credit Enhancement Amount. If Greenwood as Servicer makes such a request, and if the Credit Enhancement Provider elects to

Appears in 1 contract

Samples: Credit Enhancement Agreement (Discover Card Master Trust I)

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Supplemental Credit Enhancement Event. In the event that a Supplemental Credit Enhancement Event occurs, Greenwood as Servicer may cause the Supplemental Credit Enhancement Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit Enhancement Amount, or may request that the Credit Enhancement Providerother

Appears in 1 contract

Samples: Credit Enhancement Agreement (Discover Card Master Trust I)

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