Principal Sharing Series definition

Principal Sharing Series means a Series that, pursuant to the Supplement therefor, is entitled to receive Shared Principal Collections.

Principal Sharing Series means a Series that, pursuant to the Indenture Supplement therefor, is entitled to receive Shared Principal Collections.

Principal Sharing Series means a Series that, pursuant to the related Indenture Supplement therefor, is entitled to receive Shared Principal Collections within a specified Principal Sharing Group from other Series in the same Principal Sharing Group, as more specifically set forth in such Indenture Supplement.

Examples of Principal Sharing Series in a sentence

• For this purpose, each outstanding series of certificates issued by World Financial Network Master Trust (other than series represented by the Collateral Certificate) shall be deemed to be a Principal Sharing Series.

• The Issuer may also specify that on any Transfer Date the proceeds from the sale of any new Series which is a Principal Sharing Series may be withdrawn from the Special Funding Account for the related Pool and treated as Shared Principal Collections with respect to the same Principal Sharing Group.

• For this purpose, each outstanding series of certificates issued by First Bankcard Master Credit Card Trust (other than any series represented by the Collateral Certificate) shall be deemed to be a Principal Sharing Series.

• Excess Principal Collections from all Principal Sharing Series in Group One will be allocated to cover any Principal Shortfall or principal shortfalls for other Principal Sharing Series in Group One pursuant to Section 8.05 of the Indenture.

• For this purpose, each outstanding series of certificates issued by Spiegel Master Trust (other than series represented by the Collateral Certificate) shall be deemed to be a Principal Sharing Series.

More Definitions of Principal Sharing Series

Principal Sharing Series means a Series that, pursuant to the related Supplement, is entitled to receive Shared Principal Collections.

Principal Sharing Series means a Series that, pursuant to the Indenture Supplement therefor, is entitled to receive Shared Principal Collections. If so specified in the Indenture Supplement for a Group of Series, each such Series may be Principal Sharing Series only for the other Series in such Group.

Principal Sharing Series means a Series that, pursuant to the Indenture ------------------------ Supplement therefor, is entitled to receive Shared Principal Collections.

Principal Sharing Series means a Series that, pursuant to the Supplement therefor, is entitled to receive Shared Principal Collections. "Principal Shortfalls" shall have the meaning specified in Section 4.4. "Principal Terms" shall mean, with respect to any Series, (i) the name or designation; (ii) the initial principal amount (or method for calculating such amount), the Invested Amount, the Series Invested Amount and the Required Series Transferor Amount, (iii) the Security Rate (or method for the determination thereof); (iv) the payment date or dates and the date or dates from which interest shall accrue; (v) the method for allocating Collections to Investor Securityholders; (vi) the designation of any Series Accounts and the terms governing the operation of any such Series Accounts; (vii) the Servicing Fee; (viii) the terms of any form of Series Enhancements with respect thereto; (ix) the terms on which the Investor Securities of such Series may be exchanged for Investor Securities of another Series, repurchased by the Transferor or remarketed to other investors; (x) the Series Termination Date; (xi) the number of Classes of Investor Securities of such Series and, if more than one Class, the rights and priorities of each such Class; (xii) the extent to which the Investor Securities of such Series will be issuable in temporary or permanent global form (and, in such case, the depositary for such global security or securities, the terms and conditions, if any, upon which such global security may be exchanged, in whole or in part, for Definitive Securities, and the manner in which any interest payable on a temporary or global security will be paid); (xiii) whether the Investor Securities of such Series may be issued in bearer form and any limitations imposed thereon; (xiv) the priority of such Series with respect to any other Series; (xv) whether such Series will be part of a Group; (xvi) whether such Series will be a Principal Sharing Series, (xvii) whether such Series will be an Excess Allocation Series, (xviii) the Distribution Date for such Series, and (xix) any other terms of such Series.

Principal Sharing Series means a Series that is designated as such pursuant to the related Supplement.

Principal Sharing Series means, for purposes of Series 2010-1, any Certificate Series outstanding under the Pooling and Servicing Agreement and any outstanding Series in Group One.

Principal Sharing Series means a Series that, pursuant