Common use of Distributions and Reports to Clause in Contracts

Distributions and Reports to. SECURITYHOLDERS Distributions shall be made to, and reports shall be provided to, Securityholders as set forth in the applicable Supplement. The identity of the Securityholders with respect to distributions and reports shall be determined according to the immediately preceding Record Date. [END OF ARTICLE V]

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Partners First Credit Card Master Trust), Pooling and Servicing Agreement (Partners First Receivables Funding Corp)