Common use of Management and Application of Funds Clause in Contracts

Management and Application of Funds. The Guarantor shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that all amounts received by the Guarantor and falling within any of the following categories shall from time to time either (i) be credited to the GIC Account (and/or, as applicable, the Standby GIC Account), or (ii) be applied directly in accordance with the applicable Priorities of Payments: (a) all Revenue Receipts and all Principal Receipts; (b) all Cash Capital Contributions; (c) amounts received by the Guarantor pursuant to the Interest Rate Swap Agreement; (d) Excess Proceeds received from the Bond Trustee pursuant to the Trust Deed; (e) any other amount whatsoever received by or on behalf of the Guarantor after the Programme Date (including, without limitation, any proceeds advanced to the Guarantor under the Intercompany Loan Agreement where such proceeds have not been applied to acquire Portfolio Assets, to refinance an existing Advance under the Intercompany Loan Agreement or invest in Substitute Assets); (f) the proceeds arising from the disposal of any Substitute Assets and any and all income or other distributions received by the Guarantor in respect thereof or arising from the proceeds of any Substitute Assets; and (g) such other payments received by the Guarantor as are, or ought in accordance with this Agreement to be, comprised in the Collateral.

Management and Application of Funds. The Guarantor shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that the GDA Account (and/or, as applicable, the Standby GDA Account) shall from time to time be credited with all amounts received by the Guarantor and falling within any of the following categories shall from time to time either (i) be credited to the GIC Account (and/or, as applicable, the Standby GIC Account), or (ii) be applied directly in accordance with the applicable Priorities of Paymentscategories: (a) all Revenue Receipts and all Principal Receipts; (b) all Cash Capital Contributions; (c) amounts received by the Guarantor pursuant to the Interest Rate Swap Agreement; (d) Excess Proceeds received from the Bond Trustee pursuant to the Trust Deed; (e) any other amount whatsoever received by or on behalf of the Guarantor after the Programme Program Date (including, without limitation, any proceeds advanced to the Guarantor under the Intercompany Loan Agreement where such proceeds have not been applied to acquire Portfolio AssetsLoans and their Related Security, to refinance an existing Advance under the Intercompany Loan Agreement or invest in Substitute Substitution Assets); (f) the proceeds arising from the disposal of any Substitute Substitution Assets and any and all income or other distributions received by the Guarantor in respect thereof or arising from the proceeds of any Substitute Substitution Assets; and (g) such other payments received by the Guarantor as are, or ought in accordance with this Agreement to be, comprised in the Collateral.

Management and Application of Funds. The Guarantor shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that all amounts received by the Guarantor and falling within any of the following categories shall from time to time either (i) be credited to the GIC Account (and/or, as applicable, the Standby GIC Account), or (ii) be applied directly in accordance with the applicable Priorities of Payments: (a) all Revenue Receipts and all Principal Receipts; (b) all Cash Capital Contributions; (c) amounts received by the Guarantor pursuant to the Interest Rate Swap Agreement; (d) Excess Proceeds received from the Bond Trustee pursuant to the Trust Deed; (e) any other amount whatsoever received by or on behalf of the Guarantor after the Programme Establishment Date (including, without limitation, any proceeds advanced to the Guarantor under the Intercompany Loan Agreement where such proceeds have not been applied to acquire Portfolio AssetsLoans and their Related Security, to refinance an existing Advance under the Intercompany Loan Agreement or invest in Substitute Assets); (f) the proceeds arising from the disposal of any Substitute Assets and any and all income or other distributions received by the Guarantor in respect thereof or arising from the proceeds of any Substitute Assets; and (g) such other payments received by the Guarantor as are, or ought in accordance with this Agreement to be, comprised in the Collateral.

Management and Application of Funds. The Guarantor shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that all amounts received by the Guarantor and falling within any of the following categories shall from time to time either (i) be credited to the GIC GDA Account (and/or, as applicable, the Standby GIC GDA Account), or (ii) be applied directly in accordance with the applicable Priorities of Payments: (a) all Revenue Receipts and all Principal Receipts; (b) all Cash Capital Contributions; (c) amounts received by the Guarantor pursuant to the Interest Rate Swap Agreement; (d) Excess Proceeds received from the Bond Trustee pursuant to the Trust Deed; (e) any other amount whatsoever received by or on behalf of the Guarantor after the Programme Date (including, without limitation, any proceeds advanced to the Guarantor under the Intercompany Loan Agreement where such proceeds have not been applied to acquire Portfolio Assets, to refinance an existing Advance under the Intercompany Loan Agreement or invest in Substitute Assets); (f) the proceeds arising from the disposal of any Substitute Assets and any and all income or other distributions received by the Guarantor in respect thereof or arising from the proceeds of any Substitute Assets; and (g) such other payments received by the Guarantor as are, or ought in accordance with this Agreement to be, comprised in the Collateral.

Management and Application of Funds. The Guarantor shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that all amounts received by the Guarantor and falling within any of the following categories shall from time to time either be (i) be credited to the GIC GDA Account (and/or, as applicable, the Standby GIC GDA Account), or (ii) be applied directly in accordance with the applicable Priorities of Payments: (a) all Revenue Receipts and all Principal Receipts; (b) all Cash Capital Contributions; (c) amounts received by the Guarantor pursuant to the Interest Rate Swap Agreement; (d) Excess Proceeds received from the Bond Trustee pursuant to the Trust Deed; (e) any other amount whatsoever received by or on behalf of the Guarantor after the Programme Date (including, without limitation, any proceeds advanced to the Guarantor under the Intercompany Loan Agreement where such proceeds have not been applied to acquire Portfolio AssetsLoans and their Related Security, to refinance an existing Advance under the Intercompany Loan Agreement or invest in Substitute Assets); (f) the proceeds arising from the disposal of any Substitute Assets and any and all income or other distributions received by the Guarantor in respect thereof or arising from the proceeds of any Substitute Assets; and (g) such other payments received by the Guarantor as are, or ought in accordance with this Agreement to be, comprised in the Collateral.

Management and Application of Funds. The Guarantor LP shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that all amounts received by the Guarantor and falling within any of the following categories shall from time to time either (i) be credited to the GIC Account (and/or, as applicable, the Standby GIC Account), or (ii) shall from time to time be applied directly in accordance credited with all amounts received by the applicable Priorities Guarantor LP and falling within any of Paymentsthe following categories: (a) all Revenue Receipts and all Principal Receipts; (b) all Cash Capital Contributions; (c) amounts received by the Guarantor LP pursuant to the Interest Rate Swap Agreement; (d) Excess Proceeds received from the Bond Trustee pursuant to the Trust Deed; (e) any other amount whatsoever received by or on behalf of the Guarantor LP after the Programme Date (including, without limitation, any proceeds advanced to the Guarantor LP under the Intercompany Loan Agreement where such proceeds have not been applied to acquire Portfolio AssetsLoans and their Related Security, to refinance an existing Advance under the Intercompany Loan Agreement or invest in Substitute AssetsAssets or Authorized Investments); (f) the proceeds arising from the disposal of any Authorized Investments or Substitute Assets and any and all income or other distributions received by the Guarantor LP in respect thereof or arising from the proceeds of any Authorized Investments or Substitute Assets; and (g) such other payments received by the Guarantor LP as are, or ought in accordance with this Agreement to be, comprised in the Collateral.