Common use of Issuer Principal Ledger Clause in Contracts

Issuer Principal Ledger. The Issuer Cash Manager shall ensure that: (a) all principal paid by Funding 1 to the Issuer under the terms of the Intercompany Loan Agreement shall be credited to the Issuer Principal Ledger; (b) any payment or provision made under paragraph 4 of this Schedule 2 shall be debited to the Issuer Principal Ledger; (c) (if applicable) the amount by which Issuer Revenue Receipts is insufficient to pay items (a) to (e) inclusive of the Issuer Pre-Acceleration Revenue Priority of Payments (as determined by the Issuer Cash Manager pursuant to paragraph 1(a)(ii) above) shall be debited to the Issuer Principal Ledger, provided the same amount is credited to the Issuer Revenue Ledger for the purposes of paying the outstanding items under (a) to (e) (inclusive) of the Issuer Pre- Acceleration Revenue Priority of Payments.

Issuer Principal Ledger. The Issuer Cash Manager shall ensure that: (a) all principal paid by Funding 1 to the Issuer under the terms of the Intercompany Loan Agreement shall be credited to the Issuer Principal Ledger; (b) any payment or provision made under paragraph 4 of this Schedule 2 shall be debited to the Issuer Principal Ledger;; and (c) (if applicable) the amount by which Issuer Revenue Receipts is insufficient to pay items (a) to (e) inclusive of the Issuer Pre-Acceleration Revenue Priority of Payments (as determined by the Issuer Cash Manager pursuant to paragraph 1(a)(ii) above) shall be debited to the Issuer Principal Ledger, provided the same amount is credited to the Issuer Revenue Ledger for the purposes of paying the outstanding items under (a) to (e) (inclusive) of the Issuer Pre- Acceleration Revenue Priority of Payments.

Issuer Principal Ledger. The Issuer Cash Manager shall ensure that: (a) all principal paid by Funding 1 to the Issuer under the terms of the Intercompany Loan Agreement shall be credited to the Issuer Principal LedgerXxxxxx; (b) any payment or provision made under paragraph 4 of this Schedule 2 shall be debited to the Issuer Principal LedgerXxxxxx; (c) (if applicable) the amount by which Issuer Revenue Receipts is insufficient to pay items (a) to (e) inclusive of the Issuer Pre-Acceleration Revenue Priority of Payments (as determined by the Issuer Cash Manager pursuant to paragraph 1(a)(ii) above) shall be debited to the Issuer Principal Ledger, provided the same amount is credited to the Issuer Revenue Ledger for the purposes of paying the outstanding items under (a) to (e) (inclusive) of the Issuer Pre- Acceleration Revenue Priority of Payments.