DISCOVER CARD EXECUTION NOTE TRUST (Issuer) DISCOVER BANK (Depositor) Underwriting Agreement (Standard Terms)Underwriting Agreement • February 28th, 2011 • Discover Card Execution Note Trust • Asset-backed securities • New York
Discover Card Execution Note Trust, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and Discover Bank (“Discover Bank”), as depositor (in such capacity, the “Depositor”) of the Issuer, propose, subject to the terms and conditions stated herein, to cause to be issued and sold from time to time notes of the series, classes and tranches designated in the applicable Terms Agreement (as hereinafter defined) (the “Notes”). The Notes will be issued pursuant to the Indenture, dated as of July 26, 2007, as amended by the First Amendment to Indenture, dated as of June 4, 2010, as supplemented by the Amended and Restated Indenture Supplement, dated as of June 4, 2010, and a Terms Document having the date stated in the applicable Terms Agreement (as so supplemented and as otherwise modified or amended from time to time, the “Indenture”), between the Issuer and U.S. Bank National Association, as trustee (in such capacity, the “Indenture Trustee”). The Issuer is org
DISCOVER CARD EXECUTION NOTE TRUST DISCOVERSERIES Class A(2011-1) ASSET BACKED NOTES TERMS AGREEMENT Dated: February 24, 2011Underwriting Agreement • February 28th, 2011 • Discover Card Execution Note Trust • Asset-backed securities
