Withdrawal of Excess Amounts. If on any Distribution Date with respect to which no Class C Notes have been accelerated, the aggregate amount on deposit in the Class C Reserve Account exceeds the amount required to be on deposit in such Class C Reserve Account, the amount of such excess will be withdrawn from the Class C Reserve Account and first, allocated among and deposited to the Class C Reserve sub-Account of the Tranches of Class C Notes in the manner, order and priority set forth in Section 3.22(c), and then, applied in accordance with the provisions of, and the priority set forth in, Sections 3.01(j) through (m). Upon payment in full of any Tranche of Class C Notes, any amount remaining on deposit in the applicable Class C Reserve sub-Account will be applied in accordance with the preceding sentence.
Appears in 4 contracts
Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Master Trust)
Withdrawal of Excess Amounts. If on any Distribution Transfer Date with respect to which no Class C Notes have been accelerated, the aggregate amount on deposit in the Class C Reserve Account exceeds the amount required to be on deposit in such the Class C Reserve Account, the amount of such excess will be withdrawn from the Class C Reserve Account and first, allocated among and deposited to the Class C Reserve sub-Account of the Tranches tranches of Class C Notes in the manner, order and priority set forth in Section 3.22(c), and then, applied in accordance with paid to the provisions of, and the priority set forth in, Sections 3.01(j) through (m)Issuer. Upon payment in full of any Tranche tranche of Class C Notes, any amount remaining on deposit in the applicable Class C Reserve sub-Account will be applied in accordance with the preceding sentence.
Appears in 3 contracts
Samples: Baseries Indenture Supplement (BA Credit Card Trust), Indenture Supplement (BA Master Credit Card Trust II), Indenture Supplement (BA Credit Card Trust)
Withdrawal of Excess Amounts. If on any Distribution Transfer Date with respect to which no Class C Notes have been accelerated, the aggregate amount on deposit in the Class C Reserve Account exceeds the amount required to be on deposit in such the Class C Reserve Account, the amount of such excess will be withdrawn from the Class C Reserve Account and first, allocated among and deposited to the Class C Reserve sub-Account of the Tranches of Class C Notes in the manner, order and priority set forth in Section 3.22(csubsection 4.22(c), and then, any excess shall be applied in accordance with the provisions of, and the priority set forth in, Sections 3.01(jsubsections 4.01(g) through (m4.01(j). Upon payment in full of any Tranche of Class C Notes, any amount remaining on deposit in the applicable Class C Reserve sub-Account will be applied in accordance with the preceding sentence.
Appears in 2 contracts
Samples: Wfcardseries Indenture Supplement (WF Card Funding LLC), Indenture Supplement (WF Card Issuance Trust)
Withdrawal of Excess Amounts. If on any Distribution Date with respect to which no Class C D Notes have been accelerated, the aggregate amount on deposit in the Class C D Reserve Account exceeds the amount required to be on deposit in such Class C D Reserve Account, the amount of such excess will be withdrawn from the Class C D Reserve Account and first, allocated among and deposited to the Class C D Reserve sub-Account of the Tranches of Class C D Notes in the manner, order and priority set forth in Section 3.22(c3.29(c), and then, applied in accordance with the provisions of, and the priority set forth in, Sections 3.01(j3.01(k) through (m). Upon payment in full of any Tranche of Class C D Notes, any amount remaining on deposit in the applicable Class C D Reserve sub-Account will be applied in accordance with the preceding sentence.. [END OF ARTICLE III]
Appears in 2 contracts
Samples: Card Series Indenture Supplement (Capital One Master Trust), Indenture Supplement (Capital One Master Trust)
Withdrawal of Excess Amounts. If on any Distribution Date with respect to which no Class C D Notes have been accelerated, the aggregate amount on deposit in the Class C D Reserve Account exceeds the amount required to be on deposit in such Class C D Reserve Account, the amount of such excess will be withdrawn from the Class C D Reserve Account and first, allocated among and deposited to the Class C D Reserve sub-Account of the Tranches of Class C D Notes in the manner, order and priority set forth in Section 3.22(c3.29(c), and then, applied in accordance with the provisions of, and the priority set forth in, Sections 3.01(j3.01(k) through (m). Upon payment in full of any Tranche of Class C D Notes, any amount remaining on deposit in the applicable Class C D Reserve sub-Account will be applied in accordance with the preceding sentence.
Appears in 2 contracts
Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Master Trust)
Withdrawal of Excess Amounts. If on any Distribution Transfer Date with respect to which no Class C Notes have been accelerated, the aggregate amount on deposit in the Class C Reserve Account exceeds the amount required to be on deposit in such the Class C Reserve Account, the amount of such excess will be withdrawn from the Class C Reserve Account and first, allocated among and deposited to the Class C Reserve sub-Account sub‑Account of the Tranches tranches of Class C Notes in the manner, order and priority set forth in Section 3.22(c), and then, applied in accordance with paid to the provisions of, and the priority set forth in, Sections 3.01(j) through (m)Issuer. Upon payment in full of any Tranche tranche of Class C Notes, any amount remaining on deposit in the applicable Class C Reserve sub-Account sub‑Account will be applied in accordance with the preceding sentence.
Appears in 1 contract
Samples: Indenture Supplement (BA Master Credit Card Trust II)
