Common use of BROKEN PERIODS Clause in Contracts

BROKEN PERIODS. Funding shall forthwith on demand indemnify the Master Issuer against any loss or liability that the Master Issuer incurs as a consequence of any payment of principal being received from any source otherwise than on an Interest Payment Date or an overdue amount being received otherwise than on its due date.

Appears in 8 contracts

Samples: Master Intercompany Loan Agreement, Master Intercompany Loan Agreement, Master Intercompany Loan Agreement

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