Common use of Allocation of Amounts Clause in Contracts

Allocation of Amounts. Notwithstanding anything to the contrary in this Trust Deed, any amounts payable to the Trustee under this Trust Deed (any such amounts, the “Trustee Amounts”) will be allocated: (a) to the extent any such Trustee Amounts arise under or in respect of a specific Series of Notes, to that Series of Notes; and (b) to the extent that all or any portion of any Trustee Amounts arise under or in respect of more than one Series of Notes and cannot be attributable exclusively to one Series in accordance with paragraph 8.7(a) above, pro rata to the number of Series of Notes issued from time to time and then outstanding.

Appears in 3 contracts

Samples: Trust Deed, Trust Deed, Trust Deed

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Allocation of Amounts. Notwithstanding anything to the contrary in this Trust Deed, any amounts payable to the Trustee under this Trust Deed (any such amounts, the “Trustee Amounts”) will be allocated: (a) to the extent any such Trustee Amounts arise under or in respect of a specific Series of Notes, to that Series of Notes; and (b) to the extent that all or any portion of any Trustee Amounts arise under or in respect of more than one Series of Notes and cannot be attributable exclusively to one Series in accordance with paragraph 8.7(a) above, pro rata to the number of Series of Notes issued from time to time and then outstanding.

Appears in 1 contract

Samples: Trust Deed

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