Response by CBA. CBA may at any time after receiving (or after it ought to receive) a request from the Manager pursuant to clause 23.1, and prior to the Termination Date, advise the Manager by telephone or orally, that it requires to exercise the rights of the Sellers pursuant to this clause 23 and nominating a Distribution Date as the Clean-up Settlement Date. The Manager must then promptly advise the Trustee of such advice and (if applicable) such nomination by CBA. Any such nomination by CBA shall be binding on both Sellers.
Appears in 2 contracts
Samples: Interest and Principal (Securitisation Advisory Services Pty LTD), Securitisation Advisory Services Pty LTD
Response by CBA. CBA may at any time after receiving (or after it ought to receivethe relevant deadline for receipt) a request from the Manager pursuant to clause 23.1, and prior to the Termination Date, advise the Manager by telephone or orally, that it requires to exercise the rights of the Sellers pursuant to this clause 23 and nominating a Quarterly Distribution Date as the Clean-up Settlement Date. The Manager must then promptly advise the Trustee of such advice and (if applicable) such nomination by CBA. Any such nomination by CBA shall be binding on both Sellers.. 101
Appears in 2 contracts
Samples: Securitisation Advisory Services Pty LTD, Securitisation Advisory Services Pty LTD
