DISCOVER CARD EXECUTION NOTE TRUST (Issuer) DISCOVER BANK (Depositor) Underwriting Agreement (Standard Terms)Discover Card Execution Note Trust • October 4th, 2007 • Discover Bank • Asset-backed securities • New York
Discover Card Execution Note Trust, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and Discover Bank (“Discover Bank”), as depositor (in such capacity, the “Depositor”) of the Issuer, propose, subject to the terms and conditions stated herein, to cause to be issued and sold from time to time notes of the series, classes and tranches designated in the applicable Terms Agreement (as hereinafter defined) (the “Notes”). The Notes will be issued pursuant to the Indenture, dated as of July 26, 2007, as supplemented by the Indenture Supplement, dated as of July 26, 2007, and a Terms Document having the date stated in the applicable Terms Agreement (as so supplemented and as otherwise modified or amended from time to time, the “Indenture”), between the Issuer and U.S. Bank National Association, as trustee (in such capacity, the “Indenture Trustee”). The Issuer is organized pursuant to a Trust Agreement, dated as of July 2, 2007 (as modified or amended from ti
DISCOVER CARD EXECUTION NOTE TRUST DISCOVERSERIES Class A(2007-2) ASSET BACKED NOTES TERMS AGREEMENT Dated: October 1, 2007Notes Terms Agreement • October 4th, 2007 • Discover Bank • Asset-backed securities
of the Securities Act of 1933, which incorporated by reference (a) the static pool information regarding the historical performance of the Receivables for the accounts contained on the internet website http://www.discoverfinancial.com/absdata and (b) the other reports and documents incorporated by reference to the Preliminary Prospectus and (2) the Pricing Term Sheet.
