Common use of Increased Credit Enhancement Amount Clause in Contracts

Increased Credit Enhancement Amount. In the event the Series Investor Interest is increased pursuant to Section 31 of the Series Supplement, requiring an Increased Credit Enhancement Amount, Discover Bank on behalf of the Holder of the Seller Certificate may request that the Credit Enhancement Provider make an additional loan in the amount of the Increased Credit Enhancement Amount. If Discover Bank on behalf of the Holder of the Seller Certificate makes such request, and if the Credit Enhancement Provider elects to make such loan, the amount of such loan shall be added to the unpaid principal amount of the Loan.

Increased Credit Enhancement Amount. In the event the Series Investor Interest is increased pursuant to Section 31 32 of the Series Supplement, requiring an Increased Credit Enhancement Amount, Discover Bank on behalf of the Holder of the Seller Certificate may request that the Credit Enhancement Provider make an additional loan in the amount of the Increased Credit Enhancement Amount. If Discover Bank on behalf of the Holder of the Seller Certificate makes such request, and if the Credit Enhancement Provider elects to make such loan, the amount of such loan shall be added to the unpaid principal amount of the Loan.