Exhibit 4.1
CITIBANK CREDIT CARD ISSUANCE TRUST
Citiseries
Class 2009-A3 Notes
Issuer Certificate
Pursuant to Sections 202 and 301(h) of the Indenture
Reference is made to
the Indenture, dated as of September 26, 2000, as amended by
Amendment No. 1 thereto dated as of November 14, 2001, each between
Citibank Credit Card Issuance Trust (the "Issuer") and Deutsche
Bank Trust Company Americas, as trustee (the
"Indenture"). Capitalized terms used herein that are not
otherwise defined have the meanings set forth in the Indenture. All
references herein to designated Sections are to the designated
Sections of the Indenture.
Section 301(h)
provides that the Issuer may from time to time create a tranche of
Notes either by or pursuant to an Issuer Certificate setting forth
the principal terms thereof. Pursuant to this Issuer
Certificate, there is hereby created a tranche of Notes having the
following terms:
Series Designation
: Citiseries. This series is included in
Group 1.
Tranche Designation
: $600,000,000 2.70% Class 2009-A3 Notes of
June 2011 (Legal Maturity Date June 2013) (hereinafter, the "Class
2009-A3 Notes")
Currency : The Class 2009-A3
Notes will be payable, and denominated, in Dollars.
Denominations : The Class
2009-A3 Notes will be issuable in minimum denominations of $100,000
and multiples of $1,000 in excess of that amount.
Issuance Date : June 25,
2009
Initial Principal Amount
: $600,000,000
Issue Price : 99.865%
Interest Rate : 2.70% per
annum, calculated on the basis of a 360-day year of twelve 30-day
months.
Scheduled Interest Payment Dates
: The 23rd day of each June and December, beginning
December 2009.
Each payment of interest on the Class 2009-A3
Notes will include all interest accrued from and including the
preceding Interest Payment Date -- or, for the first interest
period, from and including the Issuance Date -- to and including
the day preceding the current Interest Payment Date, plus any
interest accrued but not previously paid.
The first deposit targeted to be made to the
Interest Funding sub-Account for the Class 2009-A3 Notes will be on
the July 23, 2009 Interest Deposit Date and in an amount equal to
$1,260,000.00.
Expected Principal Payment Date
: June 23, 2011
Legal Maturity Date : June
24, 2013
Monthly Principal Date: For
the month in which the Expected Principal Payment Date occurs, June
23, 2011, and for each other month, the 23rd day of such month, or
if such day is not a Business Day, the next following Business
Day.
Required Subordinated Amount of Class B
Notes : $35,897,460.
Required Subordinated Amount of Class C
Notes : $47,863,260.
Controlled Accumulation Amount
: $50,000,000.
Form of Notes : The Class
2009-A3 Notes will be issued as Global Notes. The Global
Notes will initially be registered in the name of Cede & Co.,
as nominee of The Depository Trust Company, and will be
exchangeable for individual Notes only in accordance with the
provisions of Section 204(c).
Additional Issuances of Class 2009-A3
Notes : The Issuer may at any time and from time to
time issue additional Class 2009-A3 Notes, subject to the
satisfaction of (i) the conditions precedent set forth in Section
311(a) and (ii) the following conditions:
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(a) the Issuer has obtained written
confirmation from each Rating Agency that there will be no Ratings
Effect with respect to the then outstanding Class 2009-A3 Notes as
a result of the issuance of such additional Class 2009-A3
Notes;
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(b) as of the date of issuance of the
additional Class 2009-A3 Notes, all amounts due and owing to the
Holders of the then outstanding Class 2009-A3 Notes have been paid
and there is no Nominal Liquidation Amount Deficit with respect to
the then outstanding Class 2009-A3 Notes;
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(c) the additional Class 2009-A3 Notes will be
fungible with the original Class 2009-A3 Notes for federal income
tax purposes;
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(d) if Holders of the then outstanding Class
2009-A3 Notes have benefit of a Derivative Agreement, the Issuer
will have obtained a Derivative Agreement for the benefit of the
Holders of the additional Class 2009-A3 Notes; and
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(e) the ratio of the Controlled Accumulation
Amount to the Initial Dollar Principal Amount of the Class 2009-A3
Notes, including the additional Class 2009-A3 Notes, will be equal
to the ratio of the Controlled Accumulation Amount (before giving
effect to the additional issuance) to the Initial Dollar Principal
Amount of the Class 2009-A3 Notes, excluding the additional Class
2009-A3 Notes.
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As of the date of issuance of additional Class
2009-A3 Notes, the Outstanding Dollar Principal Amount and Nominal
Liquidation Amount of the Class 2009-A3 Notes will be increased to
reflect the Initial Dollar Principal Amount of the additional Class
2009-A3 Notes.
Any outstanding Class 2009-A3 Notes and any
additional Class 2009-A3 Notes will be equally and ratably entitled
to the benefits of the Indenture without preference, priority or
distinction.
Optional Redemption Provisions other than
Section 1202 "Clean-Up Call" : None
Additional Early Redemption Events or
changes to Early Redemption Events : None
Additional Events of Default or changes to
Events of Default : None
Business Day : means any day other than
(a) a Saturday or Sunday or (b) any other day on which national
banking associations or state banking institutions in New York, New
York or South Dakota, or any other state in which the principal
executive offices of any Additional Seller are located, are
authorized or obligated by law, executive order or governmental
decree to be closed.
Securities Exchange Listing
: Application will be made to list the Class 2009-A3
Notes on the Irish Stock Exchange.
The Class 2009-A3
Notes shall have such other terms as are set forth in the form of
Note attached hereto as Exhibit A. Pursuant to Section
202, the form of Note attached hereto has been approved by the
Issuer.
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CITIBANK CREDIT CARD ISSUANCE TRUST
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By Citibank (South
Dakota), National Association,
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as Managing Beneficiary
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/s/ Douglas C. Morrison
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Douglas C. Morrison
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Vice President
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Dated: June 25, 2009
Citiseries
Class 2009-A3 Notes
Reference is made to
the resolutions adopted by the Board of Directors of Citibank
(South Dakota), National Association ("Citibank (South Dakota)") on
April 26, 2000, as amended on September 25, 2001 and October 25,
2006. The resolutions authorize Citibank (South Dakota) from time
to time to issue and sell, or to arrange for or participate in the
issuance and sale of, one or more series and/or classes of
pass-through ce