Common use of Budgeted Deposits Clause in Contracts

Budgeted Deposits. (i) Subject to Section 3.11(d), with respect to each Monthly Period, beginning with the Accumulation Commencement Date, the deposit targeted to be made into the Principal Funding Sub-Account for such Tranche will be the Controlled Accumulation Amount for such Tranche.

Appears in 3 contracts

Samples: Master Indenture (Synchrony Card Issuance Trust), Master Indenture (Synchrony Card Issuance Trust), Master Indenture (Synchrony Card Issuance Trust)

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Budgeted Deposits. (i) Subject to Section 3.11(d3.09(c), with respect to each Monthly Period, beginning with the Accumulation Commencement Date, the deposit targeted to be made into the Principal Funding Subsub-Account for such Tranche that Class will be the Controlled Accumulation Amount for such Tranchethat Class.

Appears in 1 contract

Samples: Indenture (Mellon Bank Premium Finance Loan Master Trust)

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Budgeted Deposits. (i) Subject to Section 3.11(d3.10(c), with respect to each Monthly Period, --------------- beginning with the Accumulation Commencement Date, the deposit targeted to be made into the Principal Funding Subsub-Account for such Tranche that class will be the Controlled Accumulation Amount for such Tranchethat class, beginning with the twelfth Monthly Period before the Monthly Period in which the Expected Principal Payment Date occurs.

Appears in 1 contract

Samples: Indenture (Mbna Credit Card Master Note Trust)

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