Common use of Reallocation Groups Clause in Contracts

Reallocation Groups. Available Funds and other specified amounts allocated to each Series in a Reallocation Group shall be reallocated to cover interest and expenses related to each Series in such Reallocation Group as specified in each related Indenture Supplement. The reallocation provisions of the Indenture Supplement for each Series in the same Reallocation Group are required to be identical in all material respects.

Appears in 2 contracts

Sources: Indenture (WF Card Funding LLC), Indenture Agreement (WF Card Issuance Trust)

Reallocation Groups. Available Funds and other specified amounts allocated to each Series series in a Reallocation Group shall be reallocated to cover interest and expenses related to each Series series in such Reallocation Group as specified in each related Indenture Supplement. The reallocation provisions of the Indenture Supplement for each Series series in the same Reallocation Group are required to be identical in all material respects.

Appears in 1 contract

Sources: Indenture (Mellon Bank Premium Finance Loan Master Trust)