Redesignated Account definition
Redesignated Account means a former Account that has been redesignated by the Transferor pursuant to Section 2.08 or 2.09 and is identified in the applicable Redesignated Account Schedule.
Redesignated Account means a Defaulted Account, Zero Balance Account, Cancelled Account or any other Account which has ceased to be a Designated Account pursuant to Clause 7 of the RSA;
Redesignated Account means an Account as to which the related Receivables will cease to be conveyed (i) to the Issuer in accordance with the Transfer and Servicing Agreement, and/or (ii) to the Transferor in accordance with the Receivables Purchase Agreement.
More Definitions of Redesignated Account
Redesignated Account means an account as to which the related Receivables will cease to be conveyed to the Issuer and/or the Receivables previously generated have been reconveyed by the Issuer pursuant to the Transfer and Servicing Agreement either because such account is an Ineligible Account or because such reconveyance has been requested because certain specified conditions have been satisfied (including, but not limited to specified overcollateralization tests being met).
Redesignated Account means an Account as to which the related Receivables will cease to be conveyed to the Issuer and/or the Receivables previously generated have been reconveyed by the Issuer pursuant to the Transfer and Servicing Agreement either because such Account is an Ineligible Account or because such reconveyance has been requested because certain specified conditions have been satisfied (including, but not limited to specified overcollateralization tests being met).