Chase USA definition

Chase USA means Chase Manhattan Bank USA, National Association.

Chase USA means Chase Bank USA, National Association, a national banking association, and any successors or assigns.

Chase USA means Chase Bank USA, National Association, a national banking association.

Examples of Chase USA in a sentence

• The amounts described in the preceding sentence are called “Recoveries” or “Issuing Entity Recoveries.” Each month, Recoveries allocated to the issuing entity are equal to the total recoveries collected by Chase USA from the revolving credit card accounts in the Bank Servicing Portfolio, times defaulted receivables in the issuing entity, divided by defaulted receivables in the Bank Servicing Portfolio.

• All authorizations, consents, orders or approvals of any court or other governmental authority required to be obtained by Chase USA in connection with the execution and delivery of the Assignment by Chase USA and the performance of the transactions contemplated by the Assignment by Chase USA, have been obtained.

• Transferor AmountThe interest in the issuing entity not securing any series, class or tranche of notes is the “transferor amount.” The interest representing the transferor amount will be held by Chase USA or an affiliate.

• If, for any month, the transferor amount is less than the required transferor amount, Chase USA will be required to transfer additional collateral certificates or credit card receivables to the issuing entity or Chase USA will be required to increase the invested amount of an existing collateral certificate held by the issuing entity.

• If Chase USA is unable to designate additional collateral certificates or credit card receivables or if Chase USA fails to increase the invested amount of an existing collateral certificate when required to do so, an early amortization event will occur with respect to the notes.

More Definitions of Chase USA

Chase USA means Chase Manhattan Bank USA, National Association, a banking corporation organized and existing under the laws of the United States and having its headquarters in the City of Wilmington, State of Delaware.

Chase USA shall have the meaning set forth in the preamble to this Agreement.

Chase USA means Chase Manhattan Bank USA, National Association, a national banking association.

Chase USA. The Chase Manhattan Bank (USA).

Chase USA means Chase Manhattan Bank USA, N.A. and its successors.

Chase USA means Chase Manhattan Bank USA, National Association. "Class A Monthly Note Interest" means, with respect to any Payment

Chase USA means Chase Manhattan Bank USA, National Association. Class A Monthly Note Interest" means, with respect to any Payment Date, an amount equal to the product of (a) the Class A Note Interest Rate for the related Note Interest Period, (b) a fraction, the numerator of which is the actual number of days in such Note Interest Period and the denominator of which is 360 and (c) the Class A Note Principal Balance on the related Record Date; provided, however, that with respect to the April 2001 Payment Date, Class A Monthly Note Interest will be an amount equal to the product of (a) the Class A Note Interest Rate determined on March 13, 2001, (b) a fraction the numerator of which is 31 and the denominator of which is 360 and (c) the Class A Note Initial Principal Balance.