Common use of Services of the Asset Monitor Clause in Contracts

Services of the Asset Monitor. 2.1 Subject to Clauses 2.3, 2.4 and 2.7 below, if the Calculation Date immediately preceding an anniversary of the Programme Date falls prior to service of a Notice to Pay, and subject to receipt of the information to be provided to it by the Cash Manager in accordance with Clause 3 below in relation to the calculations performed by the Cash Manager regarding the relevant Asset Coverage Test, the Asset Monitor shall as soon as reasonably practicable (and in any event not later than 10 London Business Days following receipt of such information from the Cash Manager), test the arithmetic accuracy of the calculations performed by the Cash Manager in relation to the Asset Coverage Test on the Calculation Date immediately preceding each anniversary of the Programme Date, with a view to confirmation of the arithmetical accuracy or otherwise of such calculations.

Services of the Asset Monitor. 2.1 Subject to Clauses 2.3, 2.4 and 2.7 below2.7, if the APMR Calculation Date immediately preceding an anniversary of the Programme Annual Submission Date falls prior to service of a Notice to Pay, and subject to receipt of the information to be provided to it by the Cash Manager in accordance with Clause 3 below in relation to the calculations performed by the the‌ Cash Manager regarding the relevant Asset Coverage Test, the Asset Monitor shall as soon as reasonably practicable (and in any event not later than 10 London Business Days following receipt of such information from the Cash Manager), test the arithmetic accuracy of the calculations performed by the Cash Manager in relation to the Asset Coverage Test on the APMR Calculation Date immediately preceding each anniversary on the basis of and in accordance with the Programme Datecalculation in Schedule 2, with a view to confirmation of the arithmetical accuracy or otherwise of such calculations.

Services of the Asset Monitor. 2.1 Subject to Clauses 2.3, 2.4 and 2.7 below2.7, if the Calculation Date immediately preceding an anniversary of the Programme Annual Submission Date falls prior to service of a Notice to Pay, and subject to receipt of the information to be provided to it by the Cash Manager in accordance with Clause 3 below in relation to the calculations performed by the Cash Manager regarding the relevant Asset Coverage Test, the Asset Monitor shall as soon as reasonably practicable (and in any event not later than 10 London Business Days following receipt of such information from the Cash Manager), test the arithmetic accuracy of the calculations performed by the Cash Manager in relation to the Asset Coverage Test on the Calculation Date immediately preceding each anniversary the Annual Submission Date on the basis of and in accordance with the Programme Datecalculation in Schedule 2, with a view to confirmation of the arithmetical accuracy or otherwise of such calculations.

Services of the Asset Monitor. 2.1 Subject to Clauses 2.3, 2.4 2.2 and 2.7 2.5 below, if the Calculation Date immediately preceding an anniversary of the Programme Date falling after the date hereof falls prior to service of a Notice to PayPay or a Fund Acceleration Notice, and subject to receipt of the information to be provided to it by the Cash Manager in accordance with Clause 3 below in relation to the calculations performed by the Cash Manager regarding the relevant Asset Coverage Test, the Asset Monitor shall as soon as reasonably practicable (and in any event not later than 10 London Business Days following receipt of such information from the Cash Manager), test the arithmetic accuracy of the calculations performed by the Cash Manager in relation to the Asset Coverage Test on the Calculation Date immediately preceding each anniversary of the Programme Date, with a view to confirmation of the arithmetical accuracy or otherwise of such calculations.