Common use of Instructions from the Cash Manager Clause in Contracts

Instructions from the Cash Manager. (a) The Cash Manager shall, before the date upon which any payment is due to be made from any Bank Account (including the payments due to be made on each Funding 1 Interest Payment Date and/or Funding 2 Interest Payment Date and/or Distribution Date), submit to the Account Bank irrevocable written instructions or instructions by way of the internet banking service provided by the Account Bank as to the payments to be made out of such Bank Account or Bank Accounts (as the case may be) on such date.

Appears in 4 contracts

Samples: Account Agreement (Permanent Funding (No. 2) LTD), Account Agreement (Permanent Funding (No. 2) LTD), Account Agreement (Permanent Funding (No. 2) LTD)

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Instructions from the Cash Manager. (a) The Cash Manager shall, shall before the date upon which any payment is due to be made from any Funding 1 Bank Account (including the payments due to be made on each Funding 1 Interest Payment Date and/or Funding 2 Interest Payment Date and/or Distribution Date), submit to the Funding 1 Account Bank irrevocable written instructions, instructions by way of e-mail or instructions by way of the internet banking service provided by the Funding 1 Account Bank as to the payments to be made out of such Funding 1 Bank Account or Funding 1 Bank Accounts (as the case may be) on such date.

Appears in 1 contract

Samples: Account Agreement

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