Common use of Shortfall on Final Repayment Date Clause in Contracts

Shortfall on Final Repayment Date. To the extent that on the latest occurring Final Repayment Date of any Loan Tranche advanced under this Agreement there is a shortfall between all amounts (including interest and principal) payable under this Agreement and the amounts available therefor, that shortfall shall become immediately due and payable to the Master Issuer. Following enforcement of the Funding 2 Security and distribution of all enforcement proceeds in accordance with the Funding 2 Deed of Charge, all outstanding claims that the Master Issuer may otherwise have against Funding 2 will be extinguished.