CLASS B DISTRIBUTION LEDGER definition

CLASS B DISTRIBUTION LEDGER shall have the meaning specified in Clause 5.21(b)(i);
CLASS B DISTRIBUTION LEDGER and shall credit amounts payable to such ledger pursuant to Clause 5.10(b)(ii) and Clause 5.11(b)(iv) and debit such amounts payable from such ledger pursuant to Clause 5.11(d)(ii) and Clause 5.12(a)(ii) and generally operate such ledger in accordance with the provisions of the Trust and Cash Management Agreement.
CLASS B DISTRIBUTION LEDGER means the ledger so named with respect to the Series 2007-1 Issuer Distribution Account;

More Definitions of CLASS B DISTRIBUTION LEDGER

CLASS B DISTRIBUTION LEDGER means the ledger so named with respect to the Series 2005-A Issuer Distribution Account;
CLASS B DISTRIBUTION LEDGER. ’ means the distribution ledger maintained by the Receivables Trustee (or the Cash Manager) on behalf of the Loan Note Issuer in relation to amounts calculated for distribution by reference to the Class B Interest.

Related to CLASS B DISTRIBUTION LEDGER