BROKEN PERIODS. Funding shall forthwith on demand indemnify an Issuer against any loss or liability that such Issuer incurs as a consequence of any payment of principal being received from any source otherwise than on a Payment Date or an overdue amount being received otherwise than on its due date.
Appears in 6 contracts
Samples: Intercompany Loan Terms and Conditions (Granite Mortgages 03-2 PLC), Intercompany Loan Terms and Conditions (Granite Mortgages 03-2 PLC), Intercompany Loan Terms and Conditions (Granite Mortgages 02-2 PLC)
BROKEN PERIODS. Funding shall forthwith on demand indemnify an the Issuer against any loss or liability that such the Issuer incurs as a consequence of any payment of principal being received from any source otherwise than on a Interest Payment Date or an overdue amount being received otherwise than on its due date.
Appears in 2 contracts
Samples: Intercompany Loan Agreement (HOLMES FINANCING (No. 9) PLC), Intercompany Loan Agreement (HOLMES FINANCING (No. 9) PLC)
