Reserve Account Surplus means, as of any Transfer Date following the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount.
Reserve Account Surplus means, as of any date of determination, the excess, if any, of the Available Reserve Account Amount (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date) over the Required Reserve Account Amount, in each case, as of such date.
Reserve Account Surplus means, as of any Transfer
Examples of Reserve Account Surplus in a sentence
Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(d)0.00g.
Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(e)0.00h.
Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(e) 0.00 h.
In the event that the Series 2008-1 Reserve Account Surplus on any Distribution Date, after giving effect to all withdrawals from the Series 2008-1 Reserve Account, is greater than zero, the Trustee, acting in accordance with the written instructions of the Administrator pursuant to the Administration Agreement, shall withdraw from the Series 2008-1 Reserve Account an amount equal to the Series 2008-1 Reserve Account Surplus and shall pay such amount to ABRCF.
Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(d) 0.00 g.
More Definitions of Reserve Account Surplus
Reserve Account Surplus means, as of any Transfer Date following the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount, after giving effect to all deposits to and withdrawals from the Reserve Account to occur on or prior to the related Payment Date.
Reserve Account Surplus means, with respect to any Transfer Date, on or after the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Amount;
Reserve Account Surplus means, as of any Payment Date following the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount.
Reserve Account Surplus means, as of any Transfer Date following the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount. "Reserve Draw Amount" shall have the meaning specified in subsection 4.15(c). "Revolving Period" shall mean the period from and including the Closing Date to, but not including, the earlier of (a) the day the Controlled Accumulation Period commences and (b) the Pay Out Commencement Date. "Scheduled Payment Date" shall mean the April 2002 Distribution Date. "Series 1997-E" shall mean the Series of the MBNA Master Credit Card Trust II represented by the Investor Certificates. "Series 1997-E Certificateholders" shall mean the holder of record of a Series 1997-E Certificate. "Series 1997-E Certificates" shall mean the Class A Certificates and the Class B Certificates. "Series 1997-E Pay Out Event" shall have the meaning specified in Section 9 hereof. "Series 1997-E Termination Date" shall mean the earliest to occur of (a) the Distribution Date on which the Investor Interest is paid in full, (b) the September 2004 Distribution Date and (c) the Trust Termination Date. "Series Principal Shortfall" shall mean with respect to any Transfer Date, the excess, if any, of (a) (i) with respect to any Transfer Date relating to the Controlled Accumulation Period, the sum of (A) the Controlled Deposit Amount for such Transfer Date, and (B) the excess, if any, of the Collateral Interest for such Transfer Date over the Required Collateral Interest for such Transfer Date and (ii) with respect to any Transfer Date during the Rapid Amortization Period, the Adjusted Investor Interest over (b) the Investor Principal Collections minus the Reallocated Principal Collections for such Transfer Date. "Series Servicing Fee Percentage" shall mean 2.0%. "Servicer Interchange" shall mean, for any Transfer Date, the portion of Collections of Finance Charge Receivables allocated to the Investor Certificates and deposited in the Finance Charge Account with respect to the related Monthly Period that is attributable to Interchange; provided, however, that Servicer Interchange for any Transfer Date shall not exceed one-twelfth of the product of (i) the Adjusted Investor Interest as of the last day of the related Monthly Period and (ii) 0.75%; provided further, however, with respect to the first Transfer Date, the Servicer Interchange may equal but shall not exceed $828,125.00. "Shared Principal Collections...
Reserve Account Surplus means, for any Distribution Date, the amount, if any, by which the amount on deposit in and available to be withdrawn from the Reserve Account on such Distribution Date (after giving effect to all deposits or withdrawals to be made to or from the Reserve Account on such date other than pursuant to Section 4.12(e)) exceeds the Required Reserve Account Amount for such Distribution Date.
Reserve Account Surplus means, for any Distribution Date, the amount, if any, by which the amount on deposit in and available to be withdrawn from the Reserve Account on such Distribution Date (after giving effect to all deposits or withdrawals to be made to or from the Reserve Account on such date other than pursuant to Section 4.12(f)) exceeds the Required Reserve Account Amount for such Distribution Date.
Reserve Account Surplus means, as of any Monthly Payment Date, the amount, if any, by which the amount on deposit in the Reserve Account, including all net income from the investment of funds therein and after taking into account any deposits and any payments pursuant to Sections 3.05 and 3.07 hereof on such Monthly Payment Date, exceeds the Required Reserve Amount for the next Monthly Payment Date.