DCMT definition

DCMT means the Discover Card Master Trust I, established pursuant to the DCMT Pooling and Servicing Agreement.
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DCMT means Discover Card Master Trust I.
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DCMT means the Department of Cooperation, Marketing and Textile of the State, or any successor thereto acceptable to ADB;
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Examples of DCMT in a sentence

  • If required by the Terms Documents for any Class or Tranche of Notes, any other payment or deposit shall be made from Series Finance Charge Amounts remaining after step (57) (Reallocation of Series Finance Charge Amounts to the DCMT Group One Interchange Reallocation Account) as required thereby.

  • If and when any Additional Collateral Certificates are added to the Note Issuance Trust, any provisions to allocate the amount set forth in clause (x) of step (21) (Allocation from the DCMT Group One Finance Charge Collections Reallocation Account) to an interchange reallocation account for such Additional Collateral Certificates shall be specified in the documents relating to such addition.

  • If and when any Additional Collateral Certificates are added to the Note Issuance Trust, any provisions to allocate the amount set forth in clause (x) of step (9) (Allocation from the DCMT Group One Finance Charge Collections Reallocation Account) to an interchange reallocation account for such Additional Collateral Certificates shall be specified in the documents relating to such addition.

  • DCMT and the DCMT Trustee are third-party beneficiaries of this Agreement.

  • All representations, warranties, and covenants in this Agreement will survive the sale of the Conveyed Assets to Discover Funding and the transfer of the Conveyed Assets to the DCMT Trustee under the Pooling and Servicing Agreement.

  • Discover Bank acknowledges that Discover Funding intends to assign all of its right, title, and interest in, to, and under this Agreement and the Conveyed Assets to the DCMT Trustee under the Pooling and Servicing Agreement, and Discover Bank consents to that assignment.

  • Discover Funding intends to securitize these receivables by assigning all of its right, title, and interest in, to, and under such receivables, its rights under this Agreement and the other Conveyed Assets (as defined herein) to the DCMT Trustee under the Pooling and Servicing Agreement.

  • On each day on which Accounts are removed from DCMT pursuant to Section 2.11 of the Pooling and Servicing Agreement, Discover Bank and Discover Funding may, but shall not be required to, by mutual agreement, remove Accounts from the operation of this Agreement.

  • If any amount payable by Discover Bank to Discover Funding under this Agreement in turn must be paid by Discover Funding to the DCMT Trustee under the Pooling and Servicing Agreement, and if Discover Funding directs, Discover Bank must pay that amount directly to the DCMT Trustee.

  • Such amount shall be paid to the Master Trust Trustee for the DCMT for deposit in the Collections Account for the DCMT for reinvestment in new receivables (or retention in such Collections Account pending availability of new receivables) or, on the Expected Maturity Date for such Tranche, paid to the Noteholders of such Tranche in respect of the Stated Principal Amount.