Acceptance of Appointment and Other Matters Relating to the Master Servicer. (a) In connection with and in consideration for the conveyance of the Receivables to the Trust by the Transferor, and the issuance of the Transferor Certificate to the Transferor, Discover Funding as the Holder of the Transferor Certificate and the Trustee agree to cause Discover Bank to act as Master Servicer under this Agreement and Discover Bank agrees to act as Master Servicer under this Agreement.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Discover Card Master Trust I), Pooling and Servicing Agreement, Pooling and Servicing Agreement (Discover Card Master Trust I)
Acceptance of Appointment and Other Matters Relating to the Master Servicer. (a) In connection with and in consideration for the conveyance of the Receivables to the Trust by the TransferorSellers, and the issuance of the Transferor Seller Certificate to the TransferorSellers, Discover Funding as Bank on behalf of the Holder of the Transferor Seller Certificate and the Trustee agree to cause Discover Bank to act as Master Servicer under this Agreement and Discover Bank agrees to act as Master Servicer under this Agreement.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Discover Card Execution Note Trust), Pooling and Servicing Agreement, Pooling and Servicing Agreement
