Common use of Additional Amortization Events Clause in Contracts

Additional Amortization Events. If any one of the following events shall occur: (a) after giving effect to payments and distributions on the Class Expected Final Payment Date or the Class Final Maturity Date, as applicable, with respect to any Class, the Class Invested Amount for such Class is not reduced to zero;

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Discover Bank), Pooling and Servicing Agreement (Discover Card Master Trust I)