Issuer Reserve Ledger. (a) The Issuer Cash Manager shall ensure the proceeds of Issuer Start-Up Loan Tranche D advanced under the Issuer Start-Up Loan Agreement and used to fund the Issuer Reserve Fund are credited to the Issuer Reserve Ledger. (b) Amounts shall be credited to the Issuer Reserve Ledger in accordance with the relevant Issuer Priority of Payments. (c) The Issuer Cash Manager shall ensure that all Issuer Reserve Principal Payments made are recorded as a debit on the Issuer Reserve Ledger.
Appears in 3 contracts
Samples: Issuer Cash Management Agreement, Issuer Cash Management Agreement, Issuer Cash Management Agreement
Issuer Reserve Ledger. (a) The Issuer Cash Manager shall ensure the proceeds of Issuer Start-Up Loan Tranche D C advanced under the Issuer Start-Up Loan Agreement and used to fund the Issuer Reserve Fund are credited to the Issuer Reserve Ledger.
(b) Amounts shall be credited to the Issuer Reserve Ledger in accordance with the relevant Issuer Priority of Payments.
(c) The Issuer Cash Manager shall ensure that all Issuer Reserve Principal Payments made are recorded as a debit on the Issuer Reserve Ledger.
Appears in 2 contracts
Samples: Issuer Cash Management Agreement, Issuer Cash Management Agreement
