Common use of Interest on overdue sums Clause in Contracts

Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. ------------------------------------------------------------------------------- 6. REPAYMENT OF DRAWINGS AND ADVANCES 6.1 REPAYMENT OF DRAWINGS DURING THE AVAILABILITY PERIOD The Trustee will on each Distribution Date repay so much of each outstanding Drawing as at the previous Determination Date as is available for this purpose in accordance with the Series Supplement. If a repayment of all or part of a Drawing in accordance with the foregoing falls on a Distribution Date within the Cash Advance Deposit Period, such repayment will be made by way of allocation to the Cash Advance Deposit in accordance with clause 7.3(c).

Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. ------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 6. REPAYMENT OF DRAWINGS AND ADVANCESSTANDBY REDRAW FACILITY PRINCIPAL 6.1 REPAYMENT OF DRAWINGS STANDBY REDRAW FACILITY PRINCIPAL DURING THE AVAILABILITY PERIOD The Trustee will on each Distribution Date repay so much of each outstanding Drawing as at the Standby Redraw Facility Principal on the previous Determination Date as is available for this purpose in accordance with the Series Supplement. If a repayment of all or part of a Drawing in accordance with the foregoing falls on a Distribution Date within the Cash Advance Deposit Period, such repayment will be made by way of allocation to the Cash Advance Deposit in accordance with clause 7.3(c).

Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. ------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 6. REPAYMENT OF DRAWINGS AND ADVANCES 6.1 REPAYMENT OF DRAWINGS DURING THE AVAILABILITY PERIOD The Trustee will on each Distribution Date repay so much of each outstanding Drawing as at the previous Determination Date as is available for this purpose in accordance with the Series Supplement. If a repayment of all or part of a Drawing in accordance with the foregoing falls on a Distribution Date within the Cash Advance Deposit Period, such repayment will be made by way of allocation to the Cash Advance Deposit in accordance with clause 7.3(c).

Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. ------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 6. REPAYMENT OF DRAWINGS AND ADVANCESSTANDBY REDRAW FACILITY PRINCIPAL 6.1 REPAYMENT OF DRAWINGS STANDBY REDRAW FACILITY PRINCIPAL DURING THE AVAILABILITY PERIOD The Trustee will on each Quarterly Distribution Date repay so much of each outstanding Drawing as at the Standby Redraw Facility Principal on the previous Determination Date as is available for this purpose in accordance with the Series Supplement. If a repayment of all or part of a Drawing in accordance with the foregoing falls on a Distribution Date within the Cash Advance Deposit Period, such repayment will be made by way of allocation to the Cash Advance Deposit in accordance with clause 7.3(c).

Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. ------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 6. REPAYMENT OF DRAWINGS AND ADVANCESRepayment of Standby Redraw Facility Principal 6.1 REPAYMENT OF DRAWINGS DURING THE AVAILABILITY PERIOD Repayment of Standby Redraw Facility Principal during the Availability Period The Trustee will on each Distribution Date repay so much of each outstanding Drawing as at the Standby Redraw Facility Principal on the previous Determination Date as is available for this purpose in accordance with the Series Supplement. If a repayment of all or part of a Drawing in accordance with the foregoing falls on a Distribution Date within the Cash Advance Deposit Period, such repayment will be made by way of allocation to the Cash Advance Deposit in accordance with clause 7.3(c).

Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. ------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 6. REPAYMENT OF DRAWINGS AND ADVANCES 6.1 REPAYMENT OF DRAWINGS DURING THE AVAILABILITY PERIOD The Trustee will on each Monthly Distribution Date repay so much of each outstanding Drawing as at the previous Determination Date as is available for this purpose in accordance with the Series Supplement. If a repayment of all or part of a Drawing in accordance with the foregoing falls on a Monthly Distribution Date within the Cash Advance Deposit Period, such repayment will be made by way of allocation to the Cash Advance Deposit in accordance with clause 7.3(c).

Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. ------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 6. REPAYMENT OF DRAWINGS AND ADVANCES 6.1 REPAYMENT OF DRAWINGS DURING THE AVAILABILITY PERIOD The Trustee will on each Quarterly Distribution Date repay so much of each outstanding Drawing as at the previous Determination Date as is available for this purpose in accordance with the Series Supplement. If a repayment of all or part of a Drawing in accordance with the foregoing falls on a Quarterly Distribution Date within the Cash Advance Deposit Period, such repayment will be made by way of allocation to the Cash Advance Deposit in accordance with clause 7.3(c).