Common use of APPROPRIATION WHERE INSUFFICIENT MONEYS AVAILABLE Clause in Contracts

APPROPRIATION WHERE INSUFFICIENT MONEYS AVAILABLE. The Redraw Facility Provider may appropriate amounts it receives as between principal, interest and other amounts then payable as it sees fit. This will override any appropriation made by the Trustee.

Appears in 8 contracts

Samples: Redraw Facility Agreement (Crusade Management LTD), Redraw Facility Agreement (Crusade Management LTD), Redraw Facility Agreement (Crusade Management LTD)

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APPROPRIATION WHERE INSUFFICIENT MONEYS AVAILABLE. The Subject to any express provision of this agreement, the Redraw Facility Provider may appropriate amounts it receives as between principal, draw fees, interest and other amounts then payable as it sees fit. This will override any appropriation made by the Trustee.

Appears in 1 contract

Samples: Redraw Facility Agreement (Westpac Securitisation Management Pty LTD)

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