Role of Calculation Agent. (a) As of each Purchase Date, the Calculation Agent shall (i) calculate the Unsold PSL Percentage, the Sold PSL Percentage, the Authority Distribution Percentage and the Trust Distribution Percentage and (ii) confirm the requested amount of requested Processing Costs and Chargebacks, in accordance with the Calculation Agency Agreement, all as evidenced by a written instruction from the Calculation Agent in the form of Exhibit B, confirmed by the Authority and the Trust.
Appears in 6 contracts
Samples: Authority PSL Account Agreement, Authority PSL Account Agreement, Authority PSL Account Agreement
