Reassignment and Transfer Terms. The Series 1998-1 Certificates may be reassigned and transferred to the Transferor at the option of the Transferor on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 5% of the Initial Invested Amount, subject to the provisions of Section 12.2 of the Agreement.
Appears in 2 contracts
Sources: Supplement to Master Pooling and Servicing Agreement (First North American National Bank), Master Pooling and Servicing Agreement (First North American National Bank)
Reassignment and Transfer Terms. The Series 19982002-1 2 Certificates may be reassigned and transferred to the Transferor at the option of the Transferor Transferors on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 510% of the Initial Invested Amount, subject to the provisions of Section 12.2 12.02 of the Agreement.
Appears in 1 contract
Sources: Series Supplement (American Express Receivables Financing Corp)
Reassignment and Transfer Terms. The Series 19981996-1 2 Certificates may be reassigned and transferred to the Transferor at the option of the Transferor on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 510% of the Initial Invested Amount, subject to the provisions of Section 12.2 of the Agreement.
Appears in 1 contract
Sources: Series Supplement (American Express Receivables Financing Corp)
Reassignment and Transfer Terms. The Series 19981997-1 2 Certificates may be reassigned and transferred to the Transferor at the option of the Transferor on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 5% of the Initial Invested Amount, subject to the provisions of Section 12.2 of the Agreement.
Appears in 1 contract
Sources: Supplement to Master Pooling and Servicing Agreement (Fnanb Credit Card Master Trust)
Reassignment and Transfer Terms. The Series 19982000-1 ------------------------------- Certificates may be reassigned and transferred to the Transferor at the option of the Transferor on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 5% of the Initial Invested Amount, subject to the provisions of Section 12.2 of the Agreement.
Appears in 1 contract
Reassignment and Transfer Terms. The Series 1998-1 Certificates may be reassigned and transferred to the Transferor at the option of the Transferor Transferors on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 510% of the Initial Invested Amount, subject to the provisions of Section 12.2 12.02 of the Agreement.
Appears in 1 contract
Sources: Series Supplement (American Express Centurion Bank)
Reassignment and Transfer Terms. The Series 19981996-1 A Certificates may be reassigned and transferred to the Transferor at the option of the Transferor on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 5% of the Initial Invested Amount, subject to the provisions of Section 12.2 of the Agreement.
Appears in 1 contract
Reassignment and Transfer Terms. The Series 19982001-1 Certificates may be reassigned and transferred to the Transferor at the option of the Transferor Transferors on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 510% of the Initial Invested Amount, subject to the provisions of Section 12.2 12.02 of the Agreement.
Appears in 1 contract
Sources: Master Pooling and Servicing Agreement (American Express Centurion Bank)
Reassignment and Transfer Terms. The Series 19982002-1 Certificates may be reassigned and transferred to the Transferor at the option of the Transferor Transferors on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 510% of the Initial Invested Amount, subject to the provisions of Section 12.2 12.02 of the Agreement.
Appears in 1 contract
Reassignment and Transfer Terms. The Series 19981996-1 Certificates may be reassigned and transferred to the Transferor at the option of the Transferor on any Distribution Date during the Amortization Period on or after which the Invested Amount is reduced to an amount less than or equal to 510% of the Initial Invested Amount, subject to the provisions of Section 12.2 of the Agreement.
Appears in 1 contract
Sources: Series Supplement (American Express Receivables Financing Corp)