Examples of Excess Spread Amount in a sentence
Accordingly, the Group Excess Spread equals the Excess Spread Amount for the DiscoverSeries notes .
With respect to Series 2007-CC, the “series excess spread” will generally mean the Excess Spread Amount for the DiscoverSeries notes .
On each Distribution Date, the Master Servicer shall instruct the Indenture Trustee to distribute the Excess Spread Amount pursuant to Section 5.06(c).
On each Distribution Date, the Master Servicer shall instruct the Indenture Trustee to distribute the Excess Spread Amount pursuant to Section 5.06(b).
For the purposes of this Section 4.01(c), the Excess Spread Amount, the Group Excess Spread and the Interchange Subgroup Excess Spread will be determined on a pro forma basis, for which Finance Charge Amounts will be determined as though the Finance Charge Allocation Amount for each Tranche of Notes is the Nominal Liquidation Amount for such Tranche as of the first day of the related Due Period.