Expected Maturity Date means January 18, 2022.
Indenture means the Amended and Restated Indenture, dated as of December 22, 2015, between the Issuer and Indenture Trustee, as such agreement may be further amended, supplemented, restated, amended and restated, replaced or otherwise modified from time to time.
Indenture Supplement means the Second Amended and Restated Indenture Supplement, dated as of December 22, 2015, for the DiscoverSeries Notes, between the Issuer and the Indenture Trustee, as the same may be further amended, supplemented, restated, amended and restated, replaced or otherwise modified from time to time.
Initial Dollar Principal Amount means $1,250,000,000, or such higher amount as is specified in any Notice of Additional Issuance under Section 2.09 hereof.
Interest Accrual Period means, with respect to any Interest Payment Date, the period from and including the previous Interest Payment Date (or, in the case of the first Interest Payment Date for any Class A(2019-1) Note, from and including the applicable Issuance Date) to but excluding such Interest Payment Date.
Interest Payment Date means the fifteenth day of each month commencing in March 2019, or if such fifteenth day is not a Business Day, the next succeeding Business Day.
Issuance Date means February 1, 2019, with respect to all Class A(2019-1) Notes issued on the date hereof and, with respect to any additional Class A(2019-1) Notes issued pursuant to Section 2.09 hereof, any Issuance Date specified in the Notice of Additional Issuance delivered thereunder.
Legal Maturity Date means July 15, 2024.
Note Interest Rate means 3.04% per annum, calculated on the basis of twelve 30-day months and a 360-day year.
Notice of Additional Issuance has the meaning set forth in Section 2.09 hereof.
Regulation RR means Regulation RR (Credit Risk Retention) promulgated by the Securities and Exchange Commission to implement the credit risk retention requirements of Section 15G of the Securities Exchange Act.
Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date.
Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in the Accumulation Period for the Class A(2019-1) Notes, the Accumulation Amount, (ii) if such day is on or after the occurrence and during the continuance of a Class A(2019-1) Adverse Event, the Nominal Liquidation Amount of the Class A(2019-1) Notes and (iii) in all other circumstances, zero.