FCCNB definition

FCCNB means FCC National Bank, the legal name of the Seller ----- prior to the Merger Date, and its successors including, but not limited to, First USA on and after the Merger Date.
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Examples of FCCNB in a sentence

  • The Seller hereby directs the Servicer to direct the Trustee to deposit any amounts payable to FCCNB pursuant to Section 2.11 of the Loan Agreement with respect to any Distribution Date, to the extent such amounts constitute Excess Finance Charge Collections for other Series, into the Collection Account for payment on such Distribution Date.

  • FCCNB and the Certificateholder, by the acceptance of this Certificate, agree to treat this Certificate for federal, state and local income and franchise tax purposes as debt.

  • After the Series Termination Date, neither the Trust nor FCCNB will have any further obligation to distribute principal or interest on the Class A Certificates.

  • The Trust's assets are allocated in part to the Class A Certificateholders and to the holder of the Collateral Interest (the "Collateral Interest Holder"), with the remainder allocated to holders of other Series of Investor Certificates issued by the Trust, if any, and to FCCNB (the "Seller").

  • It is the intent of FCCNB and the Class A Certificateholders that, for federal, state and local income and franchise tax purposes only, the Class A Certificates will be evidence of debt secured by the Receivables.

  • In the event that First USA is no -------------------- longer acting as Servicer, any Successor Servicer appointed pursuant to Section 10.02 of the Agreement shall deliver or make available to FCCNB each certificate and report required to be prepared, forwarded or delivered thereafter pursuant to Sections 3.04, 3.05 and 3.06 of the Agreement.