Subseries definition

Subseries means the Subseries B-4 or B-5 Bonds.

Subseries means Investor Certificates of a Series that are identified in the Series Term Sheet as constituting a “Subseries.” If a Series consists of two or more Subseries, then each provision of the Annex to this Series Supplement shall be interpreted and applied separately for each Subseries as if such Subseries were an independent Series, and each reference to a “Series” and each term beginning with “Series” (except as used in this definition of Subseries) shall be deemed to be a reference to the applicable Subseries or the provisions of the applicable Subseries (e.g., as applied in relation to a specific Subseries, the term “Series Termination Date” shall refer solely to the Series Termination Date identified in the Series Term Sheet with respect to that Subseries and the term “Series Principal Funding Account” shall refer solely to the Series Principal Funding Account established with respect to that Subseries ), except where the context clearly requires that such term refers to multiple or other Series of the Trust, in which case such term shall be interpreted to treat each Subseries as a separate Series of the Trust. Each Subseries shall be treated as a separate Series for all purposes of the Pooling and Servicing Agreement and each other Series Supplement issued with respect to the Discover Card Master Trust I.

Subseries. ’ shall mean the Multi-Modal Bonds of Subseries A-2 through A-5 or such Subseries of Multi-Modal Bonds as may be identified from time to time.

Examples of Subseries in a sentence

• The Series Excess Spread Percentage is equal to the Series Excess Spread, multiplied by twelve, divided by the Series Investor Interest for this Subseries at the beginning of the period.

• The Series Excess Spread Percentage is equal to the Series Excess Spread, multiplied by twelve and divided by the Series Investor Interest for this Subseries as of the beginning of the related due period.

• Series Excess Spread for this Subseries does not reflect Series 2009-SD principal collections (see Item 3(g)), but such principal collections are available to this Subseries through reallocation provisions to cover shortfalls in interest and servicing fees and to reimburse charge-offs.

• Capitalized terms that refer to a Series refer to the Series established hereby or a Subseries, if any, established in the Series Term Sheet of this Series Supplement specifying that such Subseries is to be treated as a separate Series herein and under the Pooling and Servicing Agreement and all of the other Series Supplements of Discover Card Master Trust I.

• Capitalized terms that refer to a Class refer to a Class of the Series or Subseries, if any, established hereby, as applicable, unless the context otherwise clearly requires.

More Definitions of Subseries

Subseries means the Adjustable Rate Bonds or such other Subseries of Adjustable Rate Bonds as may be identified from time to time.

Subseries means any Subseries of Series Bonds established pursuant to Section 2.01 of this Resolution and references to the Bonds of any Subseries shall include all Bonds at any particular point in time designated as the Bonds of such Subseries in accordance with the provisions of this Resolution.

Subseries means Investor Certificates of a Series that are identified in the Series Term Sheet as constituting a “Subseries.” If a Series consists of two or more Subseries, then each provision of the Annex to this Series Supplement shall be interpreted and applied separately for each Subseries as if such Subseries were an independent Series, and each reference to a “Series” and each term beginning with “Series” (except as used in this definition of Subseries) shall be deemed to be a reference to the applicable Subseries or the provisions of the applicable

Subseries means the grouping of Bonds of a Series established by the Authority pursuant to the Series Resolution authorizing issuance of the Bonds of such Series or the applicable Series Certificate.

Subseries means a portion of a Series of Bonds and, with respect to the 2023 Series

Subseries when used with respect to Bonds, means all Bonds designated as being of the same subseries pursuant to Section 2.02E, and any Bonds thereafter authenticated and delivered upon a transfer of, in exchange for, in lieu of or in substitution for such Bonds as herein provided.

Subseries means a portion of a Series of Bonds and, with respect to the 2023 Series Bonds, means the 2023 Series -1 Bonds or the 2023 Series -2 Bonds.