Rights of Certificateholders and Allocation and Application of Collections. Rights of the Series 2004-CC Certificateholder. The Series 2004- CC Certificate shall represent an undivided interest in the Trust, consisting of the right to receive, to the extent necessary to make the required payments with respect to the Series 2004-CC Certificate, at the times and in the amounts specified in this Agreement, (a) the Floating Allocation Percentage and Principal Allocation Percentage (as applicable from time to time) of Collections received with respect to the Receivables and (b) funds on deposit in the Collection Account, the Finance Charge Account and the Principal Account, the Excess Funding Account and the Distribution Account allocable to the Series 2004-CC Certificate (the "Series 2004-CC Certificateholder's Interest"). The Series 2004-CC Certificate shall not represent any interest in the Collection Account, the Finance Charge Account, the Principal Account, the Excess Funding Account or the Distribution Account except as specifically provided in this Article IV.
Appears in 2 contracts
Sources: Series 2004 Cc Supplement to Third Amended and Restated Pooling and Servicing Agreement (Chase Issuance Trust), Supplement to Pooling and Servicing Agreement (Chase Manhattan Bank Usa)