Notification of Determinations. (a) The Cash Manager may make all the determinations referred to in paragraph 1(a) on the basis that the amount of any losses will not increase and on the basis of any other reasonable and proper assumptions as the Cash Manager considers appropriate (including without limitation as to the amount of any payments to be made or amounts received under the relevant Priorities of Payments during the period from and including the relevant Calculation Date to but excluding the following Guarantor Payment Date). The Cash Manager shall notify the Guarantor and the Bond Trustee on request of any such other assumptions and shall take account of any representations made by the Issuer and the Bond Trustee (as the case may be) in relation thereto.
Appears in 4 contracts
Samples: Cash Management Agreement, Cash Management Agreement, Cash Management Agreement
Notification of Determinations. (a) The Cash Manager may make all the determinations referred to in paragraph 1(a) on the basis that the amount of any losses Losses will not increase and on the basis of any other reasonable and proper assumptions as the Cash Manager considers appropriate (including without limitation as to the amount of any payments to be made or amounts received under the relevant Priorities of Payments during the period from and including the relevant Calculation Date to but excluding the following Guarantor LP Payment Date). The Cash Manager shall notify the Guarantor LP and the Bond Trustee on request of any such other assumptions and shall take account of any representations made by the Issuer and the Bond Trustee (as the case may be) in relation thereto.
Appears in 4 contracts
Samples: Cash Management Agreement (RBC Covered Bond Guarantor Limited Partnership), Cash Management Agreement, Cash Management Agreement (RBC Covered Bond Guarantor Limited Partnership)
Notification of Determinations. (a) The Cash Manager may make all the determinations referred to in paragraph 1(a) on the basis that the amount of any losses will not increase and on the basis of any other reasonable and proper assumptions as the Cash Manager considers appropriate (including without limitation as to the amount of any payments to be made or amounts received under the relevant Priorities of Payments during the period from and including the relevant Calculation Date to but excluding the following Guarantor Payment Date). The Cash Manager shall notify the Guarantor and the Bond Trustee on request of any such other assumptions and shall take account of any representations made by the Issuer and the Bond Trustee (as the case may be) in relation thereto.. MT DOCS 20981263
Appears in 1 contract
Samples: Cash Management Agreement
