REDUCTION IN FACILITY LIMIT DURING CASH ADVANCE DEPOSIT PERIOD. If immediately prior to any Quarterly Distribution Date during a Cash Advance Deposit Period the then un-utilised portion of the Cash Advance Deposit plus the amount of all outstanding Drawings exceeds the then Facility Limit, the Manager will direct the Trustee to repay (and upon receipt of such direction the Trustee will repay) from the Cash Advance Deposit on the Quarterly Distribution Date to the Liquidity Facility Provider the amount of the excess.
Appears in 3 contracts
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Medallion Trust Series 2007-1g)
REDUCTION IN FACILITY LIMIT DURING CASH ADVANCE DEPOSIT PERIOD. If immediately prior to any Quarterly Monthly Distribution Date during a Cash Advance Deposit Period the then un-utilised portion of the Cash Advance Deposit plus the amount of all outstanding Drawings exceeds the then Facility Limit, the Manager will direct the Trustee to repay (and upon receipt of such direction the Trustee will repay) from the Cash Advance Deposit on the Quarterly Monthly Distribution Date to the Liquidity Facility Provider the amount of the excess.
Appears in 1 contract
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)
