Common use of Reassignment Agreement Superseded Clause in Contracts

Reassignment Agreement Superseded. On and after the first Expired --------------------------------- Accounts Removal Date, the provisions of this Section 2.8 shall supersede the ----------- Omnibus Reassignment of Receivables Agreement, dated as of December 12, 1996, between People's Bank and the Trustee, whereupon such agreement shall be of no further force and effect with respect to all removals and reassignments of Expired Accounts occurring on and after such Expired Accounts Removal Date. [End of Article II]

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust), Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust), Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust)

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