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Common use of Spread Account Clause in Contracts

Spread Account. Withdrawals made from the Spread Account pursuant to Section 3.14(b) will be deposited into the Principal Funding Account on the Distribution Date.

Appears in 8 contracts

Sources: Indenture Supplement (National City Credit Card Master Trust), Indenture Supplement (National City Credit Card Master Trust), Indenture Supplement (National City Credit Card Master Note Trust)

Parent Clauses

  • Distributions
  • Credit Enhancement
  • Indemnification; Third Party Claims
  • Accounts Payments Statements to Noteholders
  • Distributions Spread Account Statements to Certificateholders and Noteholders

Sub-Clauses

  • Reports by the Collateral Agent
  • Investments
  • General Provisions Regarding Spread Account
  • Payments; Priority of Payments
  • Following
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