Common use of Ledgers Clause in Contracts

Ledgers. (a) The Cash Manager will open and maintain in the books or records of the Guarantor certain Ledgers to be known as: (i) the Revenue Ledger; (ii) the Principal Ledger; (iii) the Reserve Ledger, if applicable; (iv) the Intercompany Loan Ledger; (v) the Payment Ledger; (vi) the Capital Account Ledgers; and (vii) the Pre-Maturity Liquidity Ledger; and all the foregoing Ledgers will together reflect the aggregate of: (A) all amounts held by the Cash Manager for and on behalf of the Guarantor; (B) all amounts standing to the credit of the GDA Account (or, as applicable, the Stand-By GDA Account); and (C) all amounts invested in Substitution Assets for and on behalf of the Guarantor. (b) The Cash Manager will open and maintain in the books or records of the Guarantor the Intercompany Loan Ledger which will record amounts repaid in respect of each Advance borrowed under the Intercompany Loan in accordance with the terms and conditions of the Intercompany Loan Agreement. (c) The Cash Manager will make credits and debits to the Ledgers in accordance with Schedule 2 (Cash Management and Maintenance of Ledgers) hereto. (d) Without limiting any other provision, it will hold all cash solely in the Guarantor Accounts on a segregated basis and will not commingle with other funds.

Ledgers. (a) The Cash Manager will shall open and maintain in the books or records of the Guarantor LLP certain Ledgers to be known as: (i) the Revenue Ledger; (ii) the Principal Ledger; (iii) the Reserve Capital Account Ledger, if applicable; (iv) the Intercompany Loan Reserve Ledger; (v) the Payment Pre-Maturity Liquidity Ledger; (vi) the Capital Account LedgersPayment Ledger; and (vii) the Pre-Maturity Supplemental Liquidity Ledger; Reserve Ledger (as defined in the LLP Deed), and all the foregoing Ledgers will shall together reflect the aggregate of: (A) of all amounts held by of cash standing to the Cash Manager for and on behalf credit of the Guarantor; (B) GIC Account and all amounts invested in Substitution Assets and Authorised Investments purchased from amounts standing to the credit of the GDA GIC Account (or, as applicable, the Stand-By GDA Account); and (C) all amounts invested in Substitution Assets for and on behalf of the Guarantorfrom time to time. (b) The Cash Manager will shall also open and maintain in the books or records of the Guarantor LLP the Intercompany Loan Ledger which will shall record amounts repaid in respect of each Term Advance borrowed under the Intercompany Loan in accordance with Facility made available to the LLP pursuant to the terms and conditions of the Intercompany Loan Agreement. The Intercompany Loan Ledger shall consist of one sub-ledger for each Term Advance which is made. (c) The Cash Manager will shall make credits and debits to the Ledgers in accordance with Schedule 2 (Cash Management and Maintenance of Ledgers) hereto2. (d) Without limiting any other provision, it will hold all cash solely in the Guarantor Accounts on a segregated basis and will not commingle with other funds.