Common use of Note Redemptions Clause in Contracts

Note Redemptions. PML, in its capacity as Administrator, shall do such acts and things (other than being liable for): 4.6.1 the payment of principal or interest on any Note; or 4.6.2 any payment in respect of the Residual Certificates, in each case that are required to be done by the Issuer pursuant to Condition 5 or Residual Certificate Condition 5 (as applicable).

Appears in 4 contracts

Samples: Administration Agreement, Administration Agreement, Administration Agreement

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Note Redemptions. PML, in its capacity as Administrator, shall do such acts and things (other than being liable for):) in relation to: 4.6.1 the payment of principal or interest on any Note; or 4.6.2 any payment in respect of the Residual Certificates, in each case that are required to be done by the Issuer pursuant to Condition 5 or Residual Certificate Condition 5 (as applicable).

Appears in 1 contract

Samples: Administration Agreement

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Note Redemptions. PML, in its capacity as Administrator, shall do such acts and things (other than being liable for):) in relation to: 4.6.1 (a) the payment of principal or interest on any Note; or 4.6.2 (b) any payment in respect of the Residual Certificates, in each case that are required to be done by the Issuer pursuant to Condition 5 or Residual Certificate Condition 5 (as applicable).

Appears in 1 contract

Samples: Administration Agreement

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