CHASE ISSUANCE TRUST CHASESERIES CLASS A(2006-6) NOTES TERMS AGREEMENTOther Agreements |
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Exhibit 1.1(b)
CHASE ISSUANCE TRUST
CHASESERIES
CLASS A(2006-6) NOTES
TERMS AGREEMENT
Dated: October 25, 2006
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To: |
Chase Bank USA, National Association (formerly known as Chase Manhattan Bank USA, National Association, the “Bank”) |
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Re: |
Underwriting Agreement, dated October 25, 2006 |
Series Designation: CHASEseries
Underwriters:
The Underwriters named on Schedule I attached hereto are the “Underwriters” for the purpose of this Agreement and for the purposes of the above referenced Underwriting Agreement as such Underwriting Agreement is incorporated herein and made a part hereof.
Terms of the Class A(2006-6) Notes:
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Initial Principal Amount |
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Interest Rate or Formula |
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Price to Public |
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$200,000,000 |
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One-month LIBOR plus 0.03% per annum |
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100.000% |
Interest Payment Dates: The 15th of each month or if that day is not a Business Day, as defined in the Indenture, the next succeeding Business Day, commencing November 15, 2006.
Note Ratings: “AAA” by Standard & Poor’s Rating Services and “Aaa” by Moody’s Investors Service, Inc.
Indenture: The Second Amended and Restated Indenture, dated as of March 14, 2006, between Chase Issuance Trust, by the Bank, as Beneficiary, Wells Fargo Bank, National Association, as Indenture Trustee and acknowledged and accepted by the Bank, as Servicer.
Asset Pool One Supplement: The Amended and Restated Asset Pool One Supplement, dated as of October 15, 2004, and as amended by the First Amendment thereto, dated as of May 10, 2005, and the Second Amendment thereto, dated February 1, 2006, between Chase Issuance Trust, by
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the Bank, as Beneficiary, and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral Agent and acknowledged by the Bank, as Transferor, Servicer and Administrator.
Indenture Supplement: The CHASEseries Indenture Supplement, dated as of October 15, 2004, between Chase Issuance Trust, by the Bank, as Beneficiary, and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral Agent.
Terms Document: The Class A(2006-6) Terms Document, dated as of October 30, 2006, between Chase Issuance Trust, by the Bank, as Beneficiary and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral Agent.
Transfer and Servicing Agreement: The Second Amended and Restated Transfer and Servicing Agreement, dated as of March 14, 2006, between Chase Issuance Trust, by the Bank, as Beneficiary and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral Agent.
First USA Pooling and Servicing Agreement: The Second Amended and Restated Pooling and Servicing Agreement, dated as of March 14, 2006, between the Bank, as Transferor and Servicer, and The Bank of New York (Delaware), as trustee (the “Master Trust Trustee”).
First USA Series Supplement: The Amended and Restated Series 2002-CC Supplement, dated as of October 15, 2004, between the Bank, as Transferor and Servicer, and the Master Trust Trustee.
Chase Pooling and Servicing Agreement. The Fourth Amended and Restated Pooling and Servicing Agreement, dated as of March 14, 2006, among the Bank, as Transferor and Servicer, The Bank of New York, as Trustee for the Chase Credit Card Master Trust (the “Chase Master Trust Trustee”) and JPMorgan Chase Bank, National Association, as Paying Agent.
Chase Series Supplement. The Series 2004-CC Supplement, dated as of October 20, 2004, between the Bank, as Transferor and Servicer, and the Chase Master Trust Trustee.
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Purchase Price:
The purchase price payable by the Underwriters for the Notes covered by this Agreement will be the following percentage of the principal amounts to be issued:
Per Class A(2006-6) Note: 99.6500%
Registration Statement: 333-131327.
Underwriting Commissions, Concessions and Discounts:
The Underwriters’ discounts and commissions, the concessions that the Underwriters may allow to certain dealers, and the discounts that such dealers may reallow to certain other dealers, each expressed as a percentage of the principal amount of the Class A(2006-6) Notes, shall be as follows:
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