Common use of Alternative to Interest Amount Clause in Contracts

Alternative to Interest Amount. The provisions of Paragraph 6(d)(ii) will not apply and, instead, the Interest Amount payable by the Counterparty specified in subparagraph (h)(ii) will be the amount of actual cash earnings on Posted Collateral in the form of Cash during the relevant Interest Period.

Appears in 6 contracts

Samples: Master Agreement (World Financial Network Credit Card Master Trust), Master Agreement (World Financial Network Credit Card Master Trust), Master Agreement (World Financial Network Credit Card Master Trust)

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Alternative to Interest Amount. The provisions of Paragraph 6(d)(ii) will not apply and, instead, the Interest Amount payable by the Counterparty Party B specified in subparagraph (h)(ii) will be the amount of actual cash earnings on Posted Collateral in the form of Cash during the relevant Interest Period.

Appears in 1 contract

Samples: Master Agreement (WFN Credit Co LLC)

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