Common use of Payment on Distribution Date Clause in Contracts

Payment on Distribution Date. Any payments to be made by the Trustee pursuant to this clause 16 will only be made on the Distribution Date following demand by the Standby Redraw Facility Provider and on each succeeding Distribution Date until the Standby Redraw Facility Provider is paid in full by payment of so much of the amount sufficient to indemnify the Standby Redraw Facility Provider as is available for this purpose in accordance with the Series Supplement. -------------------------------------------------------------------------------- 17. MISCELLANEOUS

Appears in 2 contracts

Samples: Securitisation Advisory Services Pty LTD, Securitisation Advisory Services Pty LTD

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Payment on Distribution Date. Any payments to be made by the Trustee pursuant to this clause 16 will only be made on the Distribution Date following demand by the Standby Redraw Facility Provider and on each succeeding Distribution Date until the Standby Redraw Facility Provider is paid in full by payment of so much of the amount sufficient to indemnify the Standby Redraw Facility Provider as is available for this purpose in accordance with the Series Supplement. -------------------------------------------------------------------------------- 17. MISCELLANEOUS.

Appears in 2 contracts

Samples: Securitisation Advisory Services Pty LTD 2000 Med Trust, Securitisation Advisory Services Pty LTD

Payment on Distribution Date. Any payments to be made by the Trustee pursuant to this clause 16 will only be made on the Distribution Date following demand by the Standby Redraw Facility Provider and on each succeeding Distribution Date until the Standby Redraw Facility Provider is paid in full by payment of so much of the amount sufficient to indemnify the Standby Redraw Facility Provider as is available for this purpose in accordance with the Series Supplement. -------------------------------------------------------------------------------- 17. MISCELLANEOUS--------------------------------------------------------------------------------

Appears in 1 contract

Samples: Redraw Facility Agreement (Securitisation Advisory Services Pty LTD)

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Payment on Distribution Date. Any payments to be made by the Trustee pursuant to this clause 16 will only be made on the Distribution Date following demand by the Standby Redraw Facility Provider and on each succeeding Distribution Date until the Standby Redraw Facility Provider is paid in full by payment of so much of the amount sufficient to indemnify the Standby Redraw Facility Provider as is available for this purpose in accordance with the Series Supplement. -------------------------------------------------------------------------------- 17. MISCELLANEOUSMiscellaneous

Appears in 1 contract

Samples: Securitisation Adv Serv Medallion Trust Series 2004-1g

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