CREDIT ENHANCEMENT AGREEMENT among as Trustee, DISCOVER BANK as Master Servicer, Servicer and Seller and DISCOVER RECEIVABLES FINANCING CORPORATION as Credit Enhancement ProviderCredit Enhancement Agreement • January 19th, 2005 • Discover Card Master Trust I • Asset-backed securities • New York
CREDIT ENHANCEMENT AGREEMENT, dated as of January 18, 2005, among U.S. BANK NATIONAL ASSOCIATION (formerly First Bank National Association, successor trustee to
DISCOVER BANK Master Servicer, Servicer and Seller and U.S. BANK NATIONAL ASSOCIATION Trustee on behalf of the Certificateholders SERIES SUPPLEMENT Dated as of January 18, 2005 to AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT Dated as of...Pooling and Servicing Agreement • January 19th, 2005 • Discover Card Master Trust I • Asset-backed securities • New York
This Series of Master Trust Certificates is established pursuant to Section 6.06 of that certain Amended and Restated Pooling and Servicing Agreement, dated as of November 3, 2004, by and between DISCOVER BANK, a Delaware banking corporation (“Discover Bank”), as Master Servicer, Servicer and Seller and U.S. 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 2005-1 CERTIFICATES.
DISCOVER CARD MASTER TRUST I CREDIT CARD PASS-THROUGH CERTIFICATES TERMS AGREEMENT Dated: January 11, 2005Terms Agreement • January 19th, 2005 • Discover Card Master Trust I • Asset-backed securities
Notwithstanding anything in the Agreement or in this Terms Agreement to the contrary, the Agreement and this Terms Agreement constitute the entire agreement and understanding among the parties hereto with respect to the purchase and sale of the Series 2005-1 Certificates. This Terms Agreement may be amended only by written agreement of the parties hereto.
