Common use of Priority of Payments when Covered Bonds Repaid Clause in Contracts

Priority of Payments when Covered Bonds Repaid. (a) first, to apply any such monies which constitute Available Revenue Receipts in or towards payment of the fee due to the Corporate Services Provider by the Guarantor pursuant to the terms of the Corporate Services Agreement;

Appears in 7 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement

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Priority of Payments when Covered Bonds Repaid. (a) first, to apply any such monies which constitute Available Revenue Receipts in or towards payment of the fee due to the Corporate Services Provider by the Guarantor Partnership pursuant to the terms of the Corporate Services Agreement;

Appears in 5 contracts

Samples: Limited Partnership Agreement (RBC Covered Bond Guarantor Limited Partnership), Limited Partnership Agreement, Limited Partnership Agreement (BMO Covered Bond Guarantor Limited Partnership)

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Priority of Payments when Covered Bonds Repaid. (a) first, to apply any such monies which constitute Available Revenue Receipts in or towards payment of the fee due to the Corporate Services Provider by the Guarantor LP pursuant to the terms of the Corporate Services Agreement;

Appears in 1 contract

Samples: Limited Partnership Agreement (RBC Covered Bond Guarantor Limited Partnership)

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