Common use of Securities Repaid Clause in Contracts

Securities Repaid. On the date that the Invested Amount in respect of the Securities has been reduced to zero, or the Securities are redeemed in full or are deemed to have been redeemed in full under the Series Supplement, whichever is the earlier, Party A's obligations under Sections 17 and 18 will cease and Party B must pay to Party A on that date the Outstanding Interest Rate Swap Prepayment Amount and interest on such payment.".

Appears in 5 contracts

Samples: Master Agreement (Securitisation Advisory Services Pty LTD), Master Agreement (Medallion Trust Series 2007-1g), Master Agreement (Securitisation Advisory Services Pty LTD)

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Securities Repaid. On the date that the Invested Amount in respect of the Securities has been reduced to zero, or the Securities are redeemed in full or are deemed to have been redeemed in full under the Series Supplement, whichever is the earlier, Party A's obligations under Sections 17 and 18 will cease and Party B must pay to Party A on that date the Outstanding Interest Rate Swap Prepayment Amount and interest on such payment.".

Appears in 5 contracts

Samples: Master Agreement (Securitisation Advisory Services Pty LTD), Swap Agreement (Securitisation Advisory Services Pty LTD), Securitisation Advisory Services Pty LTD

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Securities Repaid. On the date that the Invested Amount in respect of the Securities has been reduced to zero, or the Securities are redeemed in full or are deemed to have been redeemed in full under the Series Supplement, whichever is the earlier, Party A's obligations under Sections 17 and 18 will cease and Party B must pay repay to Party A on that date the Outstanding Interest Rate Swap Prepayment Amount any remaining prepayments made pursuant to Sections 17 and 18 and interest on such paymentprepayments.".

Appears in 1 contract

Samples: Master Agreement (Securitisation Advisory Services Pty LTD)

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