Common use of Certification of amounts Clause in Contracts

Certification of amounts. (a) The Note Trustee shall be entitled to rely on (and to accept as conclusive evidence save in the case of manifest error) a certificate from each Current Issuer Secured Creditor as to the amounts owed to such Current Issuer Secured Creditor under the Current Issuer Transaction Documents. The Note Trustee shall not take into account for the purpose of the application of moneys in accordance with the Current Issuer Post-Enforcement Priority of Payments any amounts of which it has not been notified by the intended recipient on or prior to the date in question. (b) Each Current Issuer Secured Creditor will, at all times, promptly provide the Note Trustee and/or any Receiver on request with a certificate setting out detailed information as to the amount of the Current Issuer Secured Obligations to which such Current Issuer Secured Creditor is entitled and such other information as the Note Trustee and/or any Receiver may require to enable or facilitate the Note Trustee and/or any Receiver to perform its functions hereunder or under any of the Current Issuer Transaction Documents, such certificate to be in a form required by the Note Trustee and/or any Receiver. In determining the respective entitlements of the Current Issuer Secured Creditors hereunder, such certificates shall be binding on all of the Current Issuer Secured Creditors.

Certification of amounts. (a) The Note Issuer Security Trustee shall be entitled to rely on (and to accept as conclusive evidence save in the case of manifest error) a certificate from each Current Issuer Secured Creditor as to the amounts owed to such Current Issuer Secured Creditor under the Current Issuer Transaction Documents. The Note Issuer Security Trustee shall not take into account for the purpose of the application of moneys in accordance with the Current Issuer Post-Enforcement Priority of Payments any amounts of which it has not been notified by the intended recipient on or prior to the date in question. (b) Each Current Issuer Secured Creditor will, at all times, promptly provide the Note Issuer Security Trustee and/or any Receiver on request with a certificate setting out detailed information as to the amount of the Current Issuer Secured Obligations to which such Current Issuer Secured Creditor is entitled and such other information as the Note Issuer Security Trustee and/or any Receiver may require to enable or facilitate the Note Issuer Security Trustee and/or any Receiver to perform its functions hereunder or under any of the Current Issuer Transaction Documents, such certificate to be in a form required by the Note Issuer Security Trustee and/or any Receiver. In determining the respective entitlements of the Current Issuer Secured Creditors hereunder, such certificates shall be binding on all of the Current Issuer Secured Creditors.

Certification of amounts. (a) The Note Security Trustee shall be entitled to rely on (and to accept as conclusive evidence save in the case of manifest error) a certificate from each Current Issuer Funding Secured Creditor as to the amounts owed to such Current Issuer Funding Secured Creditor under the Current Issuer Funding Transaction Documents. The Note Security Trustee shall not take into account for the purpose of the application of moneys in accordance with the Current Issuer Funding Post-Enforcement Priority of Payments any amounts of which it has not been notified by the intended recipient on or prior to the date in question. (b) Each Current Issuer Funding Secured Creditor will, at all times, promptly provide the Note Security Trustee and/or any Receiver on request with a certificate setting out detailed information as to the amount of the Current Issuer Funding Secured Obligations to which such Current Issuer Funding Secured Creditor is entitled and such other information as the Note Security Trustee and/or any Receiver may require to enable or facilitate the Note Security Trustee and/or any Receiver to perform its functions hereunder or under any of the Current Issuer Funding Transaction Documents, such certificate to be in a form required by the Note Security Trustee and/or any Receiver. In determining the respective entitlements of the Current Issuer Funding Secured Creditors hereunder, such certificates shall be binding on all of the Current Issuer Funding Secured Creditors.