Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread Account, each of which shall be an Eligible Deposit Account.
Appears in 41 contracts
Samples: Master Note Trust Series 2015 (RFS Holding LLC), Master Note Trust Series 2012 6 (GE Capital Credit Card Master Note Trust), GE Capital Credit Card Master Note Trust
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Non-Principal Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, Account and the Reserve Account and (collectively, the Spread Account, “Series Accounts”) each of which shall be an Eligible Deposit Account.
Appears in 31 contracts
Samples: Ge Dealer (CDF Funding, Inc.), Ge Dealer (CDF Funding, Inc.), Dealer Floorplan Master Note (CDF Funding, Inc.)
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread AccountAccount (collectively, the “Series Accounts”) each of which shall be an Eligible Deposit Account.
Appears in 8 contracts
Samples: GE Capital Credit Card Master Note Trust, RFS Holding LLC, GE Capital Credit Card Master Note Trust
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread Reserve Account, each of which shall be an Eligible Deposit Account.
Appears in 4 contracts
Samples: GE Capital Credit Card Master Note Trust, RFS Holding LLC, GE Capital Credit Card Master Note Trust
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Non-Principal Account, the Principal Account, the Principal Accumulation Distribution Account [and the Reserve Account] (collectively, the Distribution Account, the Reserve Account and the Spread Account, “Series Accounts”) each of which shall be an Eligible Deposit Account.
Appears in 1 contract
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, [,] [and] the Reserve Account and [and][,] [the Spread Account] [and the Cash Collateral Account], each of which shall be an Eligible Deposit Account.
Appears in 1 contract
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account [and][,] the Spread Account [and the Spread Cash Collateral Account], each of which shall be an Eligible Deposit Account.
Appears in 1 contract
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Non-Principal Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, Account Amended and Restated 2006-4 Indenture Supplement and the Reserve Account and (collectively, the Spread Account, “Series Accounts”) each of which shall be an Eligible Deposit Account.
Appears in 1 contract
Samples: Ge Dealer (CDF Funding, Inc.)
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Non-Principal Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, Account and the Reserve Account and (collectively, the Spread Account, “Series Accounts”) each of which shall be an Eligible Deposit Account.. Amended and Restated 2006-2 Indenture Supplement
Appears in 1 contract
Samples: Ge Dealer (CDF Funding, Inc.)
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread AccountDistribution Account (collectively, the “Series Accounts”) each of which shall be an Eligible Deposit Account.
Appears in 1 contract
Samples: Synchrony Financial
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Non-Principal Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, Account and the Reserve Account and (collectively, the Spread Account, "Series Accounts") each of which shall be an Eligible Deposit Account.
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Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Account, the Non-Principal Account, the Principal Accumulation Account[,][and] the Distribution Account [and the Reserve Account] (collectively, the Distribution Account, the Reserve Account and the Spread Account, "Series Accounts") each of which shall be an Eligible Deposit Account.
Appears in 1 contract
Samples: CDF Funding, Inc.
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread AccountAccount (collectively, the “Series Accounts”), each of which shall be an Eligible Deposit Account.
Appears in 1 contract
Samples: Synchrony Financial
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Non-Principal Account, the Principal Account, the Principal Accumulation Distribution Account [and the Reserve Account] (collectively, the Distribution Account, the Reserve Account and the Spread Account, "Series Accounts") each of which shall be an Eligible Deposit Account.
Appears in 1 contract
Samples: CDF Funding, Inc.
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Non-Principal Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, Account and the Reserve Account and (collectively, the Spread Account, “Series Accounts”) each of which shall be an Eligible Deposit Account.. Amended and Restated 2007-1 Indenture Supplement
Appears in 1 contract
Samples: Ge Dealer (CDF Funding, Inc.)
Establishment of Accounts. (a) As of the Closing Date, the Issuer covenants to have established and shall thereafter maintain the Finance Charge Non-Principal Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, Account Amended and Restated 2007-2 Indenture Supplement and the Reserve Account and (collectively, the Spread Account, “Series Accounts”) each of which shall be an Eligible Deposit Account.
Appears in 1 contract
Samples: Ge Dealer (CDF Funding, Inc.)