Automatic Additional Account definition

Automatic Additional Account means each VISA and MasterCard revolving credit card account or other revolving credit account established pursuant to a Lending Agreement, which account is designated pursuant to Section 2.08(c) to be included as an Account and is identified on the Account Schedule delivered to the Trustee by the Transferor.

Automatic Additional Account means each open end credit card account in any Approved Portfolio that is established pursuant to a Credit Card Agreement coming into existence after (a) the Trust Cut Off Date (in the case of an account in the Identified Portfolio) or (b) the Addition Cut Off Date relating to the first Addition Date on which receivables from accounts in the applicable portfolio are transferred to the Trust (in the case of an account in any other Approved Portfolio) and, in either case, prior to the Automatic Addition Termination Date or an Automatic Addition Suspension Date, or subsequent to a Restart Date. In addition, accounts in an Approved Portfolio that were in existence, but were not Eligible Accounts, on (x) the Trust Cut Off Date (in the case of an account in the Identified Portfolio) or (y) the Addition Cut Off Date relating to the first Addition Date on which receivables from accounts in the applicable portfolio are transferred to the Trust (in the case of an account in any other Approved Portfolio) but which, in either case, become Eligible Accounts prior to the Automatic Addition Termination Date or an Automatic Addition Suspension Date, or subsequent to a Restart Date, shall also be "Automatic Additional Accounts" and shall be deemed, for purposes of the definition of "Eligible Account" and SECTION 2.8(a), to have been created on the first day after the Trust Cut Off Date or applicable Addition Cut Off Date on which they are Eligible Accounts.

Automatic Additional Account means each revolving credit consumer credit card account established pursuant to a Credit Agreement between a Credit Card Originator and any Person, which account comes into existence after the Closing Date, is an Eligible Account, is designated pursuant to subsection 2.02 to be included as an Automatic Additional Account, and is identified in the computer file or microfiche list delivered pursuant to subsection 2.02(b)(iv) of this Agreement.

Examples of Automatic Additional Account in a sentence

• If the Transferor is unable to deliver an Opinion of Counsel with respect to any Automatic Additional Account, such inability shall be deemed to be a breach of the representation and warranty with respect to the Receivables in such Automatic Additional Account, provided that the cure period for such breach will not exceed 30 days.

• The Servicer shall clearly and ---------------------- unambiguously identify each Account (including any Additional Account or Automatic Additional Account designated pursuant to Section 2.6) in its computer ----------- or other records to reflect that the Receivables arising in such Account have been conveyed to the Trust pursuant to this Agreement.

• Additional Account shall mean an Automatic Additional Account or a Supplemental Account.

• The term "Account" shall be deemed to refer to an Automatic Additional Account or a Supplemental Account only from and after the Addition Date with respect thereto, and the term "Ac- count" shall be deemed to refer to any Removed Account only prior to the Removal Date with respect thereto.

• In connection with the designation of any account as an Automatic Additional Account pursuant to this Section 2.5(b), each of the conditions specified in clauses (i), (ii), (iii), (iv) and (v) of Section 2.5(a) shall be satisfied with respect to such addition on or prior to the related Addition Date.

More Definitions of Automatic Additional Account

Automatic Additional Account means each revolving credit card account established pursuant to a Credit Card Agreement, which account is designated pursuant to

Automatic Additional Account means each revolving credit account established pursuant to a Credit Agreement between the Account Owner and an Obligor, which account is owned by the Account Owner, is designated pursuant to Section 2.03, and is identified in the computer file or microfiche list delivered pursuant to Section 2.01 and Section 2.04 of this Agreement.

Automatic Additional Account shall have the meaning specified in subsection 2.09(d)(i).

Automatic Additional Account means each open end credit card account established pursuant to a Credit Card Agreement between RNB and the related Obligor coming into existence (i) after the Initial Cut-Off Date and prior to the earlier of the Automatic Addition Termination Date or an Automatic Addition Suspension Date and (ii) following an Automatic Addition Suspension Date and after a Restart Date and prior to a subsequent Automatic Addition Suspension Date or any Automatic Addition Termination Date.

Automatic Additional Account shall have the meaning specified in subsection 2.08(d)(i).

Automatic Additional Account means

Automatic Additional Account means Additional Accounts that are treated as Automatic Additional Accounts pursuant to subsection 2.6(c).