Common use of Calculation of Payment Date Shortfalls Clause in Contracts

Calculation of Payment Date Shortfalls. Not later than 12:00 noon (New York City time) on the third Business Day prior to each Payment Date, the Issuer shall cause the Administrator or the Manager to perform the calculations necessary to determine the following:

Appears in 8 contracts

Samples: Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc), Indenture (Trinity Industries Inc)

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Calculation of Payment Date Shortfalls. Not later than 12:00 noon (New York City time) on the third Business Day prior to each Payment Date, the Issuer shall cause the Administrator or the Manager Servicer to perform the calculations necessary to determine the following:

Appears in 7 contracts

Samples: Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc)

Calculation of Payment Date Shortfalls. Not later than 12:00 noon (New York City time) on the third Business Day prior to each Payment Date, the Issuer shall cause the Administrator or the Manager to perform the calculations necessary to determine the following:

Appears in 3 contracts

Samples: Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc)

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Calculation of Payment Date Shortfalls. Not later than 12:00 noon p.m. (New York City time) on the third Business Day prior to each Payment Date, the Issuer shall cause the Administrator Cash Manager, based on information known to it or the Manager Relevant Information provided to it, to perform the calculations necessary to determine the following:

Appears in 1 contract

Samples: Trust Indenture (Avolon Holdings LTD)

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