Common use of Payment Instruction to Master Trust Clause in Contracts

Payment Instruction to Master Trust. (a) Promptly after the receipt by the Issuing Entity of each Monthly Servicer’s Certificate under the applicable Series Supplement, the Issuing Entity will, in cooperation with the Servicer, complete an applicable Payment Instruction and deliver a copy thereof to the Indenture Trustee and the Master Trust Trustee. (b) From time to time, the Issuing Entity will notify the Servicer of the information necessary to be provided by the Issuing Entity under the applicable section of the applicable Pooling and Servicing Agreement as supplemented by any Series Supplement to calculate the Invested Amount of the Collateral Certificate issued under such Pooling and Servicing Agreement.

Appears in 6 contracts

Sources: Indenture (Jpmorgan Chase Bank, National Association), Indenture, Indenture (Chase Card Funding LLC)

Payment Instruction to Master Trust. (a) Promptly after the receipt by the Issuing Entity of each Monthly Servicer’s Certificate under the applicable Series Supplement, the Issuing Entity will, in cooperation with the Servicer, complete an applicable the Payment Instruction and deliver a copy thereof to the Indenture Trustee and the Master Trust Trustee. (b) From time to time, the Issuing Entity will notify the Servicer of the information necessary to be provided by the Issuing Entity under the applicable section of the applicable Pooling and Servicing Agreement as supplemented by any Series Supplement to calculate the Invested Amount of the Collateral Certificate issued under such Pooling and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (First Usa Credit Card Master Trust)

Payment Instruction to Master Trust. (a) Promptly after the receipt by the Issuing Entity of each Monthly Servicer’s Certificate under the applicable Series Supplement, the Issuing Entity will, in cooperation with the Servicer, complete an applicable the Payment Instruction and deliver a copy thereof to the Indenture Trustee and the Master Trust Trustee. (b) From time to time, the Issuing Entity will notify the Servicer of the information necessary to be provided by the Issuing Entity under the applicable section of the applicable Pooling and Servicing Agreement as supplemented by any Series Supplement to calculate the Invested Amount of the Collateral Certificate issued under such that Pooling and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (First Usa Credit Card Master Trust)