Allocations During the Rapid Amortization Period. During the Rapid Amortization Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, direct the Trustee to transfer from the Collection Account the following amounts as set forth below:
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust), Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust), Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust)
Allocations During the Rapid Amortization Period. During the ------------------------------------------------ Rapid Amortization Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, direct the Trustee to transfer from the Collection Account the following amounts as set forth below:
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Peoples Bank), Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust), Pooling and Servicing Agreement (Peoples Bank)
Allocations During the Rapid Amortization Period. During ------------------------------------------------ the Rapid Amortization Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, direct allocate to the Trustee to transfer Investor Certificateholders and pay or deposit from the Collection Account the following amounts as set forth below:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Chase Manhattan Bank Usa)
Allocations During the Rapid Amortization Period. During the Rapid ------------------------------------------------ Amortization Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, direct allocate to the Trustee to transfer Investor Certificate holders and pay or deposit from the Collection Account the following amounts as set forth below:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Chase Manhattan Bank Usa)
Allocations During the Rapid Amortization Period. During the Rapid ------------------------------------------------ Amortization Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, direct the Trustee to transfer from the Collection Account the following amounts as set forth below:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust)
Allocations During the Rapid Amortization Period. During the ------------------------------------------------ Rapid Amortization Period, the Servicer shall, prior to the close of business on the each day any Collections are deposited in the Collection Account, direct allocate to the Trustee to transfer Certificateholders or the Holder of the Exchangeable Seller Certificate and pay or deposit from the applicable subaccount of the Collection Account the following amounts as set forth below:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Spiegel Master Trust)
