LIQUIDITY RESERVE LEDGER. (a) Amounts shall be credited to the Funding 1 Liquidity Reserve Ledger in accordance with the Funding 1 Priority of Payments above. (b) Amounts shall be debited to the Funding 1 Liquidity Reserve Ledger to the extent permitted on each relevant Funding 1 Interest Payment Date in order to be applied in accordance with the priority of payments set out in Schedule 3 to the Funding 1 Deed of Charge.
Appears in 2 contracts
Samples: Cash Management Agreement (Permanent Funding (No. 2) LTD), Cash Management Agreement (Permanent Funding (No. 2) LTD)
LIQUIDITY RESERVE LEDGER. (a) 21.1 Amounts shall be credited to the Funding 1 Liquidity Reserve Ledger in accordance with the Funding 1 Priority of Payments above.
(b) 21.2 Amounts shall be debited to the Funding 1 Liquidity Reserve Ledger to the extent permitted on each relevant Funding 1 Interest Payment Date in order to be applied in accordance with the priority of payments set out in Schedule 3 to the Funding 1 Deed of Charge.
Appears in 1 contract
Samples: Cash Management Agreement (Permanent Funding (No. 2) LTD)
LIQUIDITY RESERVE LEDGER. (a) 29.1 Amounts shall be credited to the Funding 1 2 Liquidity Reserve Ledger in accordance with the Funding 1 2 Priority of Payments above.
(b) 29.2 Amounts shall be debited to the Funding 1 2 Liquidity Reserve Ledger to the extent permitted on each relevant Funding 1 2 Interest Payment Date in order to be applied in accordance with the priority of payments set out in Schedule 3 to the Funding 1 2 Deed of Charge.
Appears in 1 contract
Samples: Cash Management Agreement (Permanent Funding (No. 2) LTD)
LIQUIDITY RESERVE LEDGER. (a) 22.1 Amounts shall be credited to the Funding 1 Liquidity Reserve Ledger in accordance with the Funding 1 Priority of Payments above.
(b) 22.2 Amounts shall be debited to the Funding 1 Liquidity Reserve Ledger to the extent permitted on each relevant Funding 1 Interest Payment Date in order to be applied in accordance with the priority of payments set out in Schedule 3 to the Funding 1 Deed of Charge.
Appears in 1 contract
Samples: Cash Management Agreement (Permanent Funding (No. 2) LTD)
LIQUIDITY RESERVE LEDGER. (a) 28.1 Amounts shall be credited to the Funding 1 2 Liquidity Reserve Ledger in accordance with the Funding 1 2 Priority of Payments above.
(b) 28.2 Amounts shall be debited to the Funding 1 2 Liquidity Reserve Ledger to the extent permitted on each relevant Funding 1 2 Interest Payment Date in order to be applied in accordance with the priority of payments set out in Schedule 3 to the Funding 1 2 Deed of Charge.
Appears in 1 contract
Samples: Cash Management Agreement (Permanent Funding (No. 2) LTD)
