Automatic Addition Termination Date definition

Automatic Addition Termination Date means the Business Day specified by the Transferor pursuant to subsection 2.9(d)(i) hereof as of which new open end credit card accounts owned by the Credit Card Originator shall cease to become Automatic Additional Accounts.

Automatic Addition Termination Date shall have the meaning set forth in Section 2.09(a).

Automatic Addition Termination Date is defined in SECTION 2.8(a).

Examples of Automatic Addition Termination Date in a sentence

• Servicer covenants and agrees hereby to deliver to Trustee, on or prior to the Automatic Addition Termination Date or any Automatic Addition Suspension Date (but in the latter case, prior to a Restart Date) within a reasonable time period after any Transferred Account is created, but in any event not later than 15 days after the end of the month within which the Transferred Account is created, a notice specifying the new account number for any Transferred Account and the replaced account number.

• The Transferor may from time to time after an Automatic Addition Termination Date or an Automatic Addition Suspension Date (and in the latter case, prior to a Restart Date), at its sole discretion, subject to the conditions specified in paragraph (c) below, designate additional Eligible Accounts to be included as Accounts or Participation Interests to be included as Trust Assets, in either case as of the applicable Addition Date.

• Servicer covenants and agrees hereby to deliver to Indenture Trustee, after the Automatic Addition Termination Date or any Automatic Addition Suspension Date (but in the latter case, prior to a Restart Date) within a reasonable time period after any Transferred Account is created, but in any event not later than 15 days after the end of the month within which the Transferred Account is created, a notice specifying the new Account Number for any Transferred Account.

• The Servicer covenants and agrees hereby to deliver to the Trustee, after the Automatic Addition Termination Date or any Automatic Addition Suspension Date (but in the latter case, prior to a Restart Date) within a reasonable time period after any Transferred Account is created, but in any event not later than 15 days after the end of the Monthly Period within which the Transferred Account is created, a notice specifying the new account number for any Transferred Account and the replaced account number.

• If such limitation is exceeded, the Transferor shall deliver to the Trustee, the Servicer and each Rating Agency written notice of the Automatic Addition Suspension Date or the Automatic Addition Termination Date.

More Definitions of Automatic Addition Termination Date

Automatic Addition Termination Date shall have the meaning specified in Section 2.05.

Automatic Addition Termination Date shall have the meaning specified in subsection 2.03(a).

Automatic Addition Termination Date means the Business Day specified as such pursuant to subsection 2.6(b).

Automatic Addition Termination Date is defined in Section 2.6(a) of the Transfer and Servicing Agreement.

Automatic Addition Termination Date is defined in SECTION 2.6(a) of the Transfer and Servicing Agreement.

Automatic Addition Termination Date means the Business Day specified by the Transferor pursuant to Section 2.9(h) hereof. "Average Rate" shall mean, as of any date of determination and with respect to any Group, the percentage equivalent of a decimal equal to the sum of the amounts for each outstanding Series (or each Class within any Series consisting of more than one Class) within such Group obtained by multiplying (a) the Certificate Rate (reduced to take into account the payments received pursuant to any interest rate agreements net of any amounts payable under such agreements, or, if such agreements result in a net amount payable, increased by such net amount payable) for such Series or Class, by (b) a fraction, the numerator of which is the aggregate unpaid principal amount of the Investor Certificates of such Series or Class and the denominator of which is the aggregate unpaid principal amount of all Investor Certificates within such Group. "Bearer Certificates" shall have the meaning specified in Section 6.1. "Benefit Plan" shall have the meaning specified in subsection 6.4(c). "Book-Entry Certificates" shall mean beneficial interests in the Investor Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 6.10. "Business Day" shall mean any day other than (a) a Saturday or Sunday or (b) any other day on which national banking associations or state banking institutions in Illinois, Massachusetts, New York or any other State in which the principal executive offices of Holdings or the Trustee, is located, are authorized or obligated by law, executive order or governmental decree to be closed or (c) for purposes of any particular Series, any other day specified in the applicable Series Supplement. "Cash Advance Fees" shall mean cash advance transaction fees and cash advance late fees, if any, as specified in the Credit Card Agreement applicable to each Account. "Cedel" shall mean Cedel Bank, societe anonyme, a professional depository incorporated under the laws of Luxembourg, and its successors.

Automatic Addition Termination Date means the Business Day specified by the Transferor pursuant to Section 2.9(h) hereof. "Average Rate" shall mean, as of any date of determination and with respect to any Group, the percentage equivalent of a decimal equal to the sum of the amounts for each outstanding Series (or each Class within any Series consisting of more than one Class) within such Group obtained by multiplying (a) the Security Rate (reduced to take into account the payments received pursuant to any interest rate agreements net of any amounts payable under such agreements, or, if such agreements result in a net amount payable, increased by such net amount payable) for such Series or Class, by (b) a fraction, the numerator of which is the aggregate unpaid principal amount of the Investor Securities of such Series or Class and the denominator of which is the aggregate unpaid principal amount of all Investor Securities within such Group. "Bearer Securities" shall have the meaning specified in Section 6.1. "Benefit Plan" shall have the meaning specified in subsection 6.4(c). "Book-Entry Securities" shall mean beneficial interests in the Investor Securities, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 6.10.