Mortgages Trustee Ledgers. (a) The Cash Manager shall open and maintain in the books of the Mortgages Trustee certain ledgers to be known as the Revenue Ledger and the Principal Ledger which shall together reflect the aggregate of all amounts of cash standing to the credit of the Mortgages Trustee GIC Account and of the Alternative Accounts from time to time. (b) The Cash Manager shall also open and maintain in the books of the Mortgages Trustee certain ledgers to be known as the Losses Ledger and the Funding Share/Seller Share Ledger. (c) The Cash Manager shall make credits and debits to the Mortgages Trustee Ledgers in the manner described in paragraphs 9, 10, 11, 12 and 13 of Schedule 2.
Appears in 3 contracts
Samples: Cash Management Agreement (Holmes Funding LTD), Cash Management Agreement (HOLMES FINANCING (No. 9) PLC), Cash Management Agreement (HOLMES FINANCING (No. 9) PLC)
Mortgages Trustee Ledgers. (a) The Cash Manager shall open and maintain in the books of the Mortgages Trustee certain ledgers to be known as the Revenue Ledger and the Principal Ledger which shall together reflect the aggregate of all amounts of cash standing to the credit of the Mortgages Trustee GIC Account and of the Alternative Accounts from time to time.
(b) The Cash Manager shall also open and maintain in the books of the Mortgages Trustee certain ledgers to be known as the Losses Ledger and the Funding 1 Share/Funding 2 Share/Seller Share Ledger.
(c) The Cash Manager shall make credits and debits to the Mortgages Trustee Ledgers in the manner described in paragraphs 9, 10, 11, 12 and 13 of Schedule 2.
Appears in 3 contracts
Samples: Cash Management Agreement, Cash Management Agreement (Permanent Funding (No. 2) LTD), Cash Management Agreement (Permanent Funding (No. 2) LTD)
Mortgages Trustee Ledgers. (a) The Cash Manager shall open and maintain in the books of the Mortgages Trustee certain ledgers to be known as the Revenue Ledger and the Principal Ledger which shall together reflect the aggregate of all amounts of cash standing to the credit of the Mortgages Trustee GIC Account and of the Alternative Accounts from time to time.
(b) The Cash Manager shall also open and maintain in the books of the Mortgages Trustee certain ledgers to be known as the Losses Ledger and the Funding 1 Share/Funding 2 Share/Seller Share Ledger.
(c) The Cash Manager shall make credits and debits to the Mortgages Trustee Ledgers in the manner described in paragraphs 9, 10, 11, 12 and 13 of Schedule SCHEDULE 2.
Appears in 2 contracts
Samples: Cash Management Agreement (Permanent Funding (No. 2) LTD), Cash Management Agreement (Permanent Funding (No. 2) LTD)
