Payments to Principal Paying Agent. Each of the Bond Trustee and the LLP agree that all amounts payable by the Cash Manager in respect of the Intercompany Loan or under the Covered Bond Guarantee, in accordance with the applicable Priorities of Payments, may be paid directly to the Principal Paying Agent.
Appears in 2 contracts
Samples: Cash Management Agreement, Cash Management Agreement
Payments to Principal Paying Agent. Each of the Bond Trustee and the LLP Guarantor agree that all amounts payable by the Cash Manager in respect of the Intercompany Loan or under the Covered Bond Guarantee, in accordance with the applicable Priorities of Payments, may be paid directly to the Principal Paying Agent.. SCHEDULE 3
Appears in 2 contracts
Samples: Management Agreement (BMO Covered Bond Guarantor Limited Partnership), Cash Management Agreement
