Common use of Optional Addition Clause in Contracts

Optional Addition. The Depositor may from time to time, at its sole discretion, designate additional Eligible Accounts as Additional Accounts and sell to the Issuer the Sold Receivables and the Related Security originated in such Additional Accounts. In addition to the conditions specified in Section 2.6(c), any additional Eligible Accounts designated by the Depositor pursuant to this Section 2.6(b) will be subject to the satisfaction of the Rating Agency Condition if, as a result of such addition, either: (i) the aggregate number of Additional Accounts designated pursuant to this Section 2.6(b) and any similar provision in any other Sale and Servicing Agreement in any calendar quarter or the aggregate principal amount of Receivables originated in such Additional Accounts as of the related Additional Cutoff Dates in such calendar quarter exceeds 10% of the number of all Accounts or 10% of the Pool Balance, respectively, on the first day of such calendar quarter; or (ii) the aggregate number of Additional Accounts designated pursuant to this Section 2.6(b) and any similar provision in any other Sale and Servicing Agreement in any calendar year or the aggregate principal amount of Receivables originated in such Additional Accounts as of the related Additional Cutoff Dates in such calendar year exceeds 20% of the number of all Accounts or 20% of the Pool Balance, respectively, on the first day of such calendar year.

Optional Addition. The Depositor may Transferor may, from time to time, at its sole discretiondiscretion and subject to the conditions specified in Section 2.06(d), designate additional Eligible Accounts as Additional Accounts and sell transfer to the Issuer the Sold Receivables (and the Related Security originated Security) arising in connection with such Additional Accounts. In addition to the conditions specified in Section 2.6(c), any additional Eligible Accounts designated by the Depositor pursuant to this Section 2.6(b) will be subject to the satisfaction of the Rating Agency Condition if, as a result of such addition, either: If (i) the aggregate number of Additional Accounts designated pursuant to this Section 2.6(b) and any similar provision in any other Sale and Servicing Agreement by the Transferor in any calendar quarter or the aggregate principal amount of Principal Receivables originated arising in connection with such Additional Accounts as of the related Additional Cutoff Dates in such calendar quarter exceeds 10% of the number of all designated Accounts or 10% of the Pool Balanceaggregate amount of all Principal Receivables, respectively, on as of the first day of such calendar quarter; or , or (ii) the aggregate number of Additional Accounts designated pursuant to this Section 2.6(b) and any similar provision in any other Sale and Servicing Agreement by the Transferor in any calendar year or the aggregate principal amount of Principal Receivables originated arising in connection with such Additional Accounts as of the related Additional Cutoff Dates in such calendar year exceeds 20% of the number of all designated Accounts or 20% of the Pool Balanceaggregate amount of all Principal Receivables, respectively, on as of the first day of such calendar year, then notice of such designations of Additional Accounts shall be given to each Rating Agency.