Master Trust definition

Master Trust means Citibank Credit Card Master Trust I.
Master Trust has the meaning specified in the Indenture.
Master Trust means a master trust or other securitization special purpose entity for which the Transferor or an Affiliate of the Transferor acts as transferor or seller or servicer, established pursuant to a Pooling and Servicing Agreement.

Examples of Master Trust in a sentence

  • The Discover Card Master Trust I is required to maintain Principal Receivables greater than or equal to the Minimum Principal Receivables Balance.

  • If the Principal Receivables in the Master Trust are less than the Minimum Principal Receivables Balance, and Discover Bank fails to assign sufficient Receivables to eliminate the deficiency, then an amortization event would occur.

  • The Sponsor intends to satisfy this obligation by maintaining a seller’s interest in the Master Trust, calculated in accordance with Regulation RR, that will equal not less than 5% of the aggregate unpaid principal balance of all DiscoverSeries notes, other than any notes that are at all times held by Discover Bank or one or more wholly-owned affiliates of Discover Bank ("adjusted outstanding investor ABS interests").

  • Accordingly, the amount deposited in the account is not meaningful as an indicator of Master Trust performance.

  • NOW THIS SUPPLEMENTAL TRUST DEED WITNESSES AND IT IS HEREBY AGREED AND DECLARED as follows: The Series of ETP Securities (the “ETP Securities”) described in the Final Terms set out in the Schedule hereto, including any future Tranches of such Series of ETP Securities described in any Final Terms issued after the date hereof, are constituted by and in accordance with the Master Trust Deed and this Supplemental Trust Deed and secured by each relevant Security Document.


More Definitions of Master Trust

Master Trust means the Chase Credit Card Master Trust created pursuant to the Pooling and Servicing Agreement.
Master Trust means Verizon DPPA Master Trust, a Delaware statutory trust, created and existing pursuant to the Master Trust Agreement.
Master Trust the Bunge Master Trust created by the Pooling Agreement.
Master Trust means Citibank Credit Card Master Trust I, established pursuant to the Pooling and Servicing Agreement.
Master Trust has the meaning specified in the recitals hereto.
Master Trust means National Financial Auto Receivables Master Trust.
Master Trust means the Chase Master Credit Card Trust, created pursuant to the Third Amended and Restated Pooling and Servicing Agreement dated as of November 15, 1999, as amended by the First Amendment thereto dated as of March 31, 2001, and the Second Amendment thereto, dated as of March 1, 2002, by and among Chase USA, as transferor on and after June 1, 1996, JPMorgan Chase Bank, as transferor prior to June 1, 1996 and as servicer, and The Bank of New York, as trustee.