Class A Required Subordinated Amount of Class C Notes. On the issuance date of a tranche of Class A Notes, immediately after giving effect to such issuance, the available subordinated amount of Class C Notes for such tranche of Class A Notes must be at least equal to the Class A Required Subordinated Amount of Class C Notes for such tranche of Class A Notes. For purposes of this clause, the available subordinated amount of Class C Notes for such tranche of Class A Notes as of any date means the sum of the following, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date:
Appears in 4 contracts
Samples: Baseries Indenture Supplement (BA Credit Card Trust), Indenture (BA Master Credit Card Trust II), Baseries Indenture Supplement (BA Master Credit Card Trust II)
