Common use of The Distribution Account Clause in Contracts

The Distribution Account. The Trustee, for the benefit of the ------------------------ Series 1998-3 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 1998-3 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 1998-3 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

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The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19982001-3 4 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19982001-3 4 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19982001-3 4 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Bank National Association)

The Distribution Account. The Trustee, for the benefit of the ------------------------ ------------------------- Series 1998-3 Certificateholders6 Certificate holders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- ---------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 1998-3 6 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 1998-3 6 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the ------------------------ Series 1998-3 1999-_ Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-non- interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 1998-3 1999-_ Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 1998-3 1999-_ Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19981997-3 2 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19981997-3 2 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981997-3 2 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Inc)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19981997-3 8 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- indicating that the -------------------- funds deposited therein are held in trust for the benefit of the Series 19981997-3 8 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981997-3 8 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the ------------------------ Series 19981999-3 2 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19981999-3 2 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981999-3 2 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19981999-3 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19981999-3 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981999-3 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19982001-3 1 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19982001-3 1 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19982001-3 1 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19981997-3 10 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution ------------ Account") bearing a designation clearly -------------------- indicating that the funds ------- deposited therein are held in trust for the benefit of the Series 19981997-3 10 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981997-3 Certificateholders10 Certificate holders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19982001-3 2 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19982001-3 2 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19982001-3 2 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the ------------------------ Series 19981999-3 Certificateholders1 Certificate holders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19981999-3 1 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 1998-3 Certificateholders."Account

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19981999-3 Certificateholders4 Certificate holders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution ------------ Account") bearing a ------- designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19981999-3 4 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981999-3 4 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19981997-3 7 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating indi- cating that the funds deposited therein are held in trust for the benefit of the Series 19981997-3 7 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981997-3 7 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit ------------------------ of the ------------------------ Series 19981996-3 8 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution ------------ Account") bearing a designation clearly -------------------- indicating that the ------- funds deposited therein are held in trust for the benefit of the Series 19981996-3 8 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981996-3 8 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Inc)

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The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19981997-3 1 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19981997-3 1 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981997-3 1 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the ------------------------ ------------------------- Series 1998-3 4 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 1998-3 4 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 1998-3 4 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the ------------------------ Series 19981999-3 B Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- indicating that the --------------------- funds deposited therein are held in trust for the benefit of the Series 19981999-3 B Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981999-3 B Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the ------------------------ Series 1998-3 Certificateholders5 Certificate holders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 1998-3 5 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 1998-3 5 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19982001-3 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19982001-3 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19982001-3 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Bank National Association)

The Distribution Account. The Trustee, for the benefit of the ------------------------ Series 19981999-3 A Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") bearing a designation clearly -------------------- indicating that the --------------------- funds deposited therein are held in trust for the benefit of the Series 19981999-3 A Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981999-3 A Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the ------------------------ Series 19981996-3 6 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Distribu- -------- tion Account") bearing a designation clearly -------------------- indicating that the ------------ funds deposited therein are held in trust for the benefit of the Series 19981996-3 6 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981996-3 Certificateholders6 Certificate- holders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Inc)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19981997-3 9 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19981997-3 9 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981997-3 9 Certificateholders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

The Distribution Account. The Trustee, for the benefit of the Series ------------------------ Series 19981997-3 6 Certificateholders, shall cause to be established and maintained in the name of the Trust, with an office or branch of a Qualified Institution (other than the Transferor), which shall initially be the Paying Agent, a non-interest bearing segregated account (the "Distribution Account") -------------------- bearing a designation clearly -------------------- indicating that the funds deposited therein are held in trust for the benefit of the Series 19981997-3 6 Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Distribution Account and in all proceeds thereof. The Distribution Account shall be under the sole dominion and control of the Trustee for the benefit of the Series 19981997-3 Certificateholders6 Certificate- holders."

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

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