Common use of Targeted Deposits to the Accumulation Reserve Account Clause in Contracts

Targeted Deposits to the Accumulation Reserve Account. (a) The aggregate deposit targeted to be made to the Accumulation Reserve Account with respect to each Monthly Period is an amount equal to the sum of Accumulation Reserve sub-Account deposits, if any, targeted to be made for each specified tranche of Notes. The amount of any such deposit, the aggregate amount targeted to be on deposit after giving effect to any such deposit and the circumstances that require that a deposit be made will be set forth in the terms document for such tranche of Notes. Unless another time is specified for making such deposits in the terms document for each such tranche of Notes, these deposits will be made on each Transfer Date. (b) If the amount of funds available for a Monthly Period pursuant to Section 3.01(e) is at least equal to the aggregate amount of the deposits targeted by clause (a) above, then the full amount of each such deposit will be made. (c) If the amount of funds available for a Monthly Period pursuant to Section 3.01(e) is less than the aggregate amount of deposits targeted by clause (a) above, then the amount available will be allocated to each tranche of Notes to the extent of its targeted deposit to the applicable Accumulation Reserve sub-Account pro rata based on the ratio of the Weighted Average Available Funds Allocation Amount for such tranche of Notes for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches of Notes that have a targeted deposit to its Accumulation Reserve sub-Account for such Monthly Period; provided, however, that any excess identified in this clause (c), including in the application of this proviso, will be allocated to each tranche of Notes which has a remaining targeted deposit to its Accumulation Reserve sub-Account up to the amount of such remaining targeted deposit pro rata based on the ratio of Weighted Average Available Funds Allocation Amount for such tranche of Notes for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches of Notes with a remaining targeted deposit for such Monthly Period.

Targeted Deposits to the Accumulation Reserve Account. (a) The aggregate deposit targeted to be made to the Accumulation Reserve Account with respect to each Monthly Period is an amount equal to the sum of Accumulation Reserve sub-Account deposits, if any, targeted to be made for each specified tranche Tranche of Notes. The amount of any such deposit, the aggregate amount targeted to be on deposit after giving effect to any such deposit and the circumstances that require that a deposit be made will be set forth in the terms document Terms Document for such tranche Tranche of Notes. Unless another time is specified for making such deposits in the terms document Terms Document for each such tranche Tranche of Notes, these deposits will be made on each Transfer Distribution Date. (b) If the amount of funds available for a Monthly Period pursuant to Section 3.01(e3.01(h) is at least equal to the aggregate amount of the deposits targeted by clause (a) above, then the full amount of each such deposit will be made. (c) If the amount of funds available for a Monthly Period pursuant to Section 3.01(e3.01(h) is less than the aggregate amount of deposits targeted by clause (a) above, then the amount available will be allocated to each tranche Tranche of Notes to the extent of its targeted deposit to the applicable Accumulation Reserve sub-Account pro rata based on the ratio of the Weighted Average Available Funds Floating Allocation Amount for such tranche Monthly Period for such Tranche of Notes to the Floating Allocation Amount for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches Tranches of Notes in the Card Series that have a targeted deposit to its Accumulation Reserve sub-Account for such Monthly Period; provided, however, that any excess identified in this clause (c), including in the application of this proviso, will be allocated to each tranche Tranche of Notes which has a remaining targeted deposit to its Accumulation Reserve sub-Account up to the amount of such remaining targeted deposit pro rata based on the ratio of Weighted Average Available Funds the Floating Allocation Amount for such tranche Monthly Period for such Tranche of Notes to the Floating Allocation Amount for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches the Tranches of Notes with in the Card Series that have a remaining targeted deposit to its Accumulation Reserve sub-Account for such Monthly Period.

Targeted Deposits to the Accumulation Reserve Account. (a) The aggregate deposit targeted to be made to the Accumulation Reserve Account with respect to each Monthly Period is an amount equal to the sum of Accumulation Reserve sub-Account deposits, if any, targeted to be made for each specified tranche Tranche of Notes. The amount of any such deposit, the aggregate amount targeted to be on deposit after giving effect to any such deposit and the circumstances that require that a deposit be made will be set forth in the terms document for such tranche Tranche of Notes. Unless another time is specified for making such deposits in the terms document for each such tranche Tranche of Notes, these deposits will be made on each Transfer Distribution Date. (b) If the amount of funds available for a Monthly Period pursuant to Section 3.01(e3.01(h) is at least equal to the aggregate amount of the deposits targeted by clause (a) above, then the full amount of each such deposit will be made. (c) If the amount of funds available for a Monthly Period pursuant to Section 3.01(e3.01(h) is less than the aggregate amount of deposits targeted by clause (a) above, then the amount available will be allocated to each tranche Tranche of Notes to the extent of its targeted deposit to the applicable Accumulation Reserve sub-Account pro rata based on the ratio of the Weighted Average Available Funds Floating Allocation Amount for such tranche Monthly Period for such Tranche of Notes to the Floating Allocation Amount for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches Tranches of Notes in the Card Series that have a targeted deposit to its Accumulation Reserve sub-Account for such Monthly Period; provided, however, that any excess identified in this clause (c), including in the application of this proviso, will be allocated to each tranche Tranche of Notes which has a remaining targeted deposit to its Accumulation Reserve sub-Account up to the amount of such remaining targeted deposit pro rata based on the ratio of Weighted Average Available Funds Floating Allocation Amount for such tranche Monthly Period for such Tranche of Notes to the Floating Allocation Amount for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches the Tranches of Notes with in the Card Series that have a remaining targeted deposit to its Accumulation Reserve sub-Account for such Monthly Period.

Targeted Deposits to the Accumulation Reserve Account. (a) The aggregate deposit targeted to be made to the Accumulation Reserve Account with respect to each Monthly Period is an amount equal to the sum of Accumulation Reserve sub-Account sub‑Account deposits, if any, targeted to be made for each specified tranche of Notes. The amount of any such deposit, the aggregate amount targeted to be on deposit after giving effect to any such deposit and the circumstances that require that a deposit be made will be set forth in the terms document for such tranche of Notes. Unless another time is specified for making such deposits in the terms document for each such tranche of Notes, these deposits will be made on each Transfer Date. (b) If the amount of funds available for a Monthly Period pursuant to Section 3.01(e) is at least equal to the aggregate amount of the deposits targeted by clause (a) above, then the full amount of each such deposit will be made. (c) If the amount of funds available for a Monthly Period pursuant to Section 3.01(e) is less than the aggregate amount of deposits targeted by clause (a) above, then the amount available will be allocated to each tranche of Notes to the extent of its targeted deposit to the applicable Accumulation Reserve sub-Account sub‑Account pro rata based on the ratio of the Weighted Average Available Funds Allocation Amount for such tranche of Notes for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches of Notes that have a targeted deposit to its Accumulation Reserve sub-Account sub‑Account for such Monthly Period; provided, however, that any excess identified in this clause (c), including in the application of this proviso, will be allocated to each tranche of Notes which has a remaining targeted deposit to its Accumulation Reserve sub-Account sub‑Account up to the amount of such remaining targeted deposit pro rata based on the ratio of Weighted Average Available Funds Allocation Amount for such tranche of Notes for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches of Notes with a remaining targeted deposit for such Monthly Period.