Common use of REPAYMENT OF OUTSTANDING MONEYS Clause in Contracts

REPAYMENT OF OUTSTANDING MONEYS. (a) If after having regard to clause 5.5, the SF Manager determines that on any Banking Day the Principal Outstanding is greater than the amount agreed from time to time by the Manager and each Designated Rating Agency the Issuer must, and the SF Manager must cause the Issuer to, repay to the Note Holder so much of the Principal Outstanding so that the Principal Outstanding immediately after that repayment will not cause the current rating of the Class A Notes and the Class B Notes issued by the Issuer to be downgraded or withdrawn by any Designated Rating Agencies.