Common use of New Accounts Clause in Contracts

New Accounts. Each Transferor may, from time to time, at its sole discretion, subject to the conditions specified in paragraph (e) below, voluntarily designate newly originated Eligible Accounts to be included as New Accounts. For purposes of this paragraph, Eligible Accounts shall be deemed to include only charge accounts of the same nature as those included as Initial Accounts or which have previously been included in any Aggregate Addition.

New Accounts. Each Transferor may, may from time to time, at its sole discretion, subject to the conditions specified in paragraph (e) below, voluntarily designate newly originated additional Eligible Accounts to be included as New Accounts. For purposes of this paragraph, Eligible Accounts shall be deemed to include only charge credit card accounts [of the same nature as those included as Initial Accounts or which have previously been included in any Aggregate AdditionAddition if the Assignment related to such Aggregate Addition expressly provides that such type of credit card account is permitted to be designated as a New Account].

New Accounts. Each Transferor may, may from time to time, at its sole ------------ discretion, subject to the conditions specified in paragraph (e) below, voluntarily designate newly originated Eligible Accounts to be included as New Accounts. For purposes of this paragraph, Eligible Accounts shall be deemed to include only charge revolving credit accounts of the same nature as those included as Initial Accounts or which have previously been included in any Aggregate AdditionAddition if the Assignment related to such Aggregate Addition expressly provides that such type of revolving credit account is permitted to be designated as a New Account.