Common use of Adjustments of Stated Amount Clause in Contracts

Adjustments of Stated Amount. Promptly following each date on which the Required Amount of the Liquidity Facility for a Class of Certificates is reduced as a result of a reduction in the Pool Balance with respect to such Certificates or otherwise, the Stated Amount of such Liquidity Facility shall automatically be adjusted to an amount equal to the Required Amount with respect to such Liquidity Facility (as calculated by the Subordination Agent after giving effect to such payment).

Adjustments of Stated Amount. Promptly following each date on which the Required Amount of the any Liquidity Facility for a Class of Certificates is reduced as a result of a reduction in the Pool Balance with respect to such Certificates or otherwise, the Stated Amount of such Liquidity Facility shall automatically be adjusted to an amount equal to the Required Amount with respect to such Liquidity Facility (as calculated by the Subordination Agent after giving effect to such payment).

Adjustments of Stated Amount. Promptly following each date on which the Required Amount of the Liquidity Facility for a Class of Certificates is reduced as a result of a reduction in the Pool Balance with respect to such the Class A Certificates or otherwise, the Stated Amount of such the Liquidity Facility shall automatically be adjusted to an amount equal to the Required Amount with respect to such the Liquidity Facility (as calculated by the Subordination Agent after giving effect to such payment).

Adjustments of Stated Amount. Promptly following each date on which the Required Amount of the Primary Liquidity Facility for a Class of Certificates is (1) reduced as a result of a reduction in the Pool Balance with respect to such Certificates or otherwiseotherwise or (2) increased as a result of an increase in the Capped Interest Rate for such Class of Certificates, the Stated Amount of such Liquidity Facility shall be 37 automatically be adjusted to an amount equal to the Required Amount with respect to such Primary Liquidity Facility (as calculated by the Subordination Agent after giving effect to such paymentAgent).