Common use of Adjustments to Required Subordinated Percentages Clause in Contracts

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019-2) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Funding, LLC), Card Series Indenture Supplement (Capital One Funding, LLC)

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Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-2) 8) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-2) 8) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-2) 8) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-2) 8) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: livinglies.files.wordpress.com, Capital One Master Trust

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2016-27) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-27) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-27) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2016-27) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2023-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2023-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2023-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2023-21) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Funding, LLC), Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2022-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2022-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2022-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2022-23) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Funding, LLC), Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2017-26) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-26) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-26) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2017-26) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2017-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2017-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2017-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2017-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2016-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2016-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2021-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2021-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2021-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2021-2) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Funding, LLC), Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2021-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2021-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2021-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2021-23) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Funding, LLC), Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2018-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2018-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2018-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2018-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2016-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2016-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2021-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2021-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2021-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2021-21) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Funding, LLC), Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2017-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2017-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019-23) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Funding, LLC), Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2016-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2016-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2017-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2017-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2018-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2018-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2018-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2018-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2016-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2016-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2016-26) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-26) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-26) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2016-26) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2022-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2022-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2022-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2022-21) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Funding, LLC), Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2017-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2017-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2017-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2016-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2016-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2016-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 2 contracts

Samples: Card Series Indenture Supplement (Capital One Master Trust), Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-27) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-27) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-27) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-27) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2015-26) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-26) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-26) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2015-26) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-211) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-211) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-211) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-211) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding, LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding, LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2004-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2004-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2007-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2007-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2003-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2003-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2007-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2007-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2015-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2015-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2014-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2014-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2014-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2014-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2007-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2007-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Indenture (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2008-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2008-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2004-2) 8) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-2) 8) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-2) 8) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2004-2) 8) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2008-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2008-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-210) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-210) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-210) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-210) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Master Trust

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2004-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2004-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Indenture (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2015-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2015-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2015-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2015-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2009-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2009-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2009-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2009-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2007-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2007-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding, LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2008-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2008-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-2) 8) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-2) 8) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-2) 8) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-2) 8) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2004-26) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-26) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-26) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2004-26) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Master Trust

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-29) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-29) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-29) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-29) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Master Trust

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2007-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2007-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019-21) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019-21) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-213) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-213) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-213) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-213) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2003-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2003-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2014-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2014-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2007-26) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-26) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-26) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2007-26) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Indenture (Capital One Master Trust)

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Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2004-27) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-27) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-27) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2004-27) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-210) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-210) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-210) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-210) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2004-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2004-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2003-27) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-27) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-27) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2003-27) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2013-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2013-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2013-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2013-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-212) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-212) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-212) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-212) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Indenture (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2009-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2009-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2009-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2009-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2015-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2015-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-211) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-211) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-211) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-211) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2015-27) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-27) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-27) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2015-27) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2007-29) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-29) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-29) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2007-29) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2003-26) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-26) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-26) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2003-26) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Indenture (Capital One Funding LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2007-2) 8) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-2) 8) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-2) 8) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2007-2) 8) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2007-27) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-27) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2007-27) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2007-27) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-26) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-26) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-26) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-26) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding, LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-27) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-27) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-27) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-27) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding, LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2013-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2013-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2013-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2013-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2008-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2008-2) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2008-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2008-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-26) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-26) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-26) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-26) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Financing, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2022-2) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2022-2) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2022-2) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2022-2) Notes does not exceed the Maximum Subordination Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2005-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2005-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2005-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding, LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2004-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2004-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Master Trust

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2003-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2003-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Indenture (Capital One Funding LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2008-26) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-26) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2008-26) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2008-26) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2014-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2014-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2015-2) 8) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-2) 8) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-2) 8) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2015-2) 8) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2013-23) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2013-23) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2013-23) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2013-23) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-29) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-29) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-29) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-29) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2014-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2014-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2014-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Master Trust)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2004-24) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-24) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2004-24) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2004-24) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Series Indenture Supplement (Capital One Funding LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2006-214) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-214) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2006-214) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2006-214) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Funding, LLC)

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2003-25) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-25) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Subordination Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2003-25) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2003-25) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Capital One Funding LLC

Adjustments to Required Subordinated Percentages. (a) On any date, the Issuer may change the Required Subordinated Percentage of Class B Notes or the Required Subordinated Percentage of Class C Notes, in each case for the Class A(2019A(2015-21) Notes, without the consent of any Noteholders or any Note Rating Agencies, provided that, after giving effect to such change change, (x) the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-21) Notes after giving effect to such change is equal to or greater than the sum of the Required Subordinated Percentage of Class B Notes and the Required Subordinated Percentage of Class C Notes, in each case, for the Class A(2019A(2015-21) Notes immediately prior to giving effect to such change and (y) the Required Subordinated Amount of Class B Notes for the Class A(2019A(2015-21) Notes does not exceed the Maximum Subordination Subordinated Amount of Class B Notes.

Appears in 1 contract

Samples: Card Series Indenture Supplement (Capital One Multi Asset Execution Trust)

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