Common use of Additional Cash Capital Contributions Clause in Contracts

Additional Cash Capital Contributions. (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond Trustee, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday in respect of a Loan in the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and the amount of the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holiday; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; (b) there is any increase in the True Loan Balance of a Loan due to the Limited Partner making a Further Advance or Line of Credit Loan Drawing to a Borrower occurs, the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or (c) on any Calculation Date, there is an increase in the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date and the current Calculation Date) due to Capitalized Interest and/or Capitalized Arrears accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner.

Additional Cash Capital Contributions. (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond Trustee, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday in respect of a Loan in the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and Conditions, the amount of the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holiday; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; (b) there is any increase in the True Loan Balance of a Loan due to the Limited Partner making a Further Advance or Line of Credit Loan Drawing to a Borrower occursBorrower, the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or; (c) on any Calculation Date, there is an increase in the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date and the current Calculation Date) due to Capitalized Interest and/or Capitalized Arrears accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or (d) the Servicer permits a Borrower to make an Authorized Underpayment, the Seller will be required to pay the Partnership an amount equal to the unpaid interest associated with that Authorized Underpayment, and the amount of any such payment representing capitalized interest in respect of that Authorized Underpayment shall be deemed to be a Cash Capital Contribution by the Limited Partner.

Additional Cash Capital Contributions. (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond Trustee, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday in respect of a Loan in the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and the amount of the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holiday; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; (b) there is any increase in the True Loan Balance of a Loan due to the Limited Partner making a Further Advance or Line of Credit Loan Drawing to a Borrower occurs, the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or (c) on any Calculation Date, there is an increase in the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date and the current Calculation Date) due to Capitalized Interest and/or Capitalized Arrears accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner.and

Additional Cash Capital Contributions. (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond Trustee, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday in respect of a Loan in the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and Conditions, the amount of the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holiday; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; (b) there is any increase in the True Loan Balance of a Loan due to the Limited Partner making a Further Advance or Line of Credit Loan Drawing to a Borrower occursBorrower, the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or; (c) on any Calculation Date, there is an increase in the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date and the current Calculation Date) due to Capitalized Interest and/or Capitalized Arrears accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or (d) the Servicer permits a Borrower to make an Authorized Underpayment, the Seller will be required to pay the Partnership on or prior to the next Monthly Payment Date on which a Monthly Payment is due on such Loan an amount equal to the unpaid interest associated with that Authorized Underpayment, and the amount of any such payment representing capitalized interest in respect of that Authorized Underpayment shall be deemed to be a Cash Capital Contribution by the Limited Partner.

Additional Cash Capital Contributions. ‌ (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond TrusteeTrustee on behalf of the Covered Bondholders, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday there is any increase in respect the Outstanding Principal Balance of a Loan in due to the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and the amount Limited Partner making a Further Advance or a Line of Credit Drawing to a Borrower, the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holidaysuch increase; and (ii) the amount of any Advance in respect thereof that is deemed to be a Revolving Advance pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; (b) on any Calculation Date, there is any an increase in the True Loan Outstanding Principal Balance of Loans in the Covered Bond Portfolio in the immediately preceding Calculation Period due to Capitalized Interest accruing on a Loan due to the Limited Partner making a Further Advance or Line of Credit Loan Drawing to a Borrower occurs, taking a Payment Holiday the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or (c) on any Calculation Datethe Servicer permits a Borrower to make an Authorized Underpayment, there is the Seller will be required to pay the Partnership an increase in amount equal to the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date unpaid interest associated with that Authorized Underpayment, and the current Calculation Date) due to Capitalized Interest and/or Capitalized Arrears accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance such payment representing capitalized interest in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, that Authorized Underpayment shall be deemed to constitute be a Cash Capital Contribution by the Limited Partner.

Additional Cash Capital Contributions. (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond Trustee, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday in respect of a Loan in the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and the amount of the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holiday; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; (b) there is any increase in the True Loan Balance of a Loan due to the Limited Partner making a Further Advance or Line of Credit Loan Drawing to a Borrower occurs, the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or (c) on any Calculation Date, there is an increase in the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date and the current Calculation Date) due to Capitalized Interest and/or Capitalized Arrears accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner.

Additional Cash Capital Contributions. (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond TrusteeTrustee on behalf of the Covered Bondholders, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday in respect of a Loan in the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and Conditions, the amount of the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holiday; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; (b) there is any increase in the True Loan Balance of a Loan due to the Limited Partner making a Further Advance or a Line of Credit Loan Drawing to a Borrower occursBorrower, the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or; (c) on any Calculation Date, there is an increase in the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date and the current Calculation Date) due to Capitalized Interest and/or Capitalized Arrears accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or (d) the Servicer permits a Borrower to make an Authorized Underpayment, the Seller will be required to pay the Partnership an amount equal to the unpaid interest associated with that Authorized Underpayment, and the amount of any such payment representing capitalized interest in respect of that Authorized Underpayment shall be deemed to be a Cash Capital Contribution by the Limited Partner.

Additional Cash Capital Contributions. (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond TrusteeTrustee on behalf of the Covered Bondholders, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday in respect of a Loan in the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and Conditions, the amount of the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holiday; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; (b) there is any increase in the True Loan Outstanding Principal Balance of a Loan due to the Limited Partner making a Further Advance or a Line of Credit Loan Drawing to a Borrower occursBorrower, the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof that is deemed to be a Revolving Advance pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or; (c) on any Calculation Date, there is an increase in the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date and the current Calculation Date) due to Capitalized Interest Expenses and/or Capitalized Arrears (including overdue interest added to the Capital Balance of the Loan) accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or MT DOCS 14908732v9 (d) the Servicer permits a Borrower to make an Authorized Underpayment, the Seller will be required to pay the Partnership an amount equal to the unpaid interest associated with that Authorized Underpayment, and the amount of any such payment representing capitalized interest in respect of that Authorized Underpayment shall be deemed to be a Cash Capital Contribution by the Limited Partner.

Additional Cash Capital Contributions. (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond TrusteeTrustee on behalf of the Covered Bondholders, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday there is any increase in respect the Outstanding Principal Balance of a Loan in due to the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and the amount Limited Partner making a Further Advance or a Line of Credit Drawing to a Borrower, the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holidaysuch increase; and (ii) the amount of any Advance in respect thereof that is deemed to be a Revolving Advance pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner;; or (b) on any Calculation Date, there is any an increase in the True Loan Outstanding Principal Balance of Loans in the Covered Bond Portfolio in the immediately preceding Calculation Period due to Capitalized Interest accruing on a Loan due to the Limited Partner making a Further Advance or Line of Credit Loan Drawing to a Borrower occurstaking a Payment Holiday, the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or. (c) on any Calculation Datethe Servicer permits a Borrower to make an Authorized Underpayment, there is the Seller will be required to pay the Partnership an increase in amount equal to the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date unpaid interest associated with that Authorized Underpayment, and the current Calculation Date) due to Capitalized Interest and/or Capitalized Arrears accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance such payment representing capitalized interest in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, that Authorized Underpayment shall be deemed to constitute be a Cash Capital Contribution by the Limited Partner. (4) In respect of Cash Capital Contributions, the Limited Partner may make from time to time Cash Capital Contributions and specifically designate that those funds are only to be utilized for funding of the Yield Supplement Fund.

Additional Cash Capital Contributions. ‌ (1) Prior to making any additional Cash Capital Contribution to the Partnership, the Limited Partner shall be deemed to have represented and warranted to the Managing GP, the Liquidation GP and, while the Covered Bonds are outstanding, the Bond Trustee, that no Insolvency Event has occurred or will result in respect of the Limited Partner from such Cash Capital Contribution. (2) The Partnership will from time to time make drawings on the Intercompany Loan. For greater certainty, any amount advanced under the Intercompany Loan Agreement shall not constitute a Capital Contribution on the part of the Limited Partner. (3) In the event that: (a) a Borrower takes a Payment Holiday in respect of a Loan in the Covered Bond Portfolio in accordance with the relevant Mortgage Conditions and Conditions, the amount of the difference, if any, between (i) the unpaid interest and principal associated with that Payment Holiday; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; (b) there is any increase in the True Loan Balance of a Loan due to the Limited Partner making a Further Advance or Line of Credit Loan Drawing to a Borrower occursBorrower, the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or; (c) on any Calculation Date, there is an increase in the Outstanding Principal Balance of Loans in the immediately preceding Calculation Period (being the period between the last most recent Calculation Date and the current Calculation Date) due to Capitalized Interest and/or Capitalized Arrears accruing on a Loan the difference, if any, between (i) such increase; and (ii) the amount of any Advance in respect thereof pursuant to Section 5.3 of the Intercompany Loan Agreement, shall be deemed to constitute a Cash Capital Contribution by the Limited Partner; or (d) the Servicer permits a Borrower to make an Authorized Underpayment, the Seller will be required to pay the Partnership on or prior to the next Monthly Payment Date on which a Monthly Payment is due on such Loan an amount equal to the unpaid interest associated with that Authorized Underpayment, and the amount of any such payment representing capitalized interest in respect of that Authorized Underpayment shall be deemed to be a Cash Capital Contribution by the Limited Partner.