Examples of Issuer Principal Deficiency Ledger in a sentence
The Notional Amount shall be determined in respect of the close of business on the day immediately preceding the Calculation Date corresponding to the relevant Calculation Period, after any adjustments made on such date to the Outstanding Principal Amount of the Intercompany Loans, the balance of the Funding 1 Issuer Principal Deficiency Ledger attributable to the Intercompany Loans and the amount of Funding 1 Principal Receipts in the Funding 1 GIC Account have become effective.
In the case of the Current Issuer Principal Deficiency Ledger and each Current Issuer Principal Deficiency Sub Ledger, a credit item shall only be made to the extent that such entry does not cause such ledger to have a credit balance.
The Notional Amount shall be determined in respect of the close of business on the day immediately preceding the Calculation Date corresponding to the relevant Calculation Period, as if any adjustments made on such date to the Outstanding Principal Amount of the Intercompany Loans, the balance of the Funding 1 Issuer Principal Deficiency Ledger attributable to the Intercompany Loans and the amount of Funding 1 Principal Receipts in the Funding 1 GIC Account had become effective.
Except in the case of the Current Issuer Principal Deficiency Ledger, a debit item shall only be made in respect of any of the Current Issuer Ledgers, and the corresponding payment or transfer (if any) may only be made from the Current Issuer Transaction Accounts, to the extent that such entry does not cause the relevant ledger to have a debit balance.
If on any Payment Date any Issuer Allocable Revenue Receipts and/or any Shared Issuer Revenue Receipts are paid to an Issuer and are applied by that Issuer, in reducing any deficiency recorded on the Issuer Principal Deficiency Ledger of that Issuer then the Issuer Allocable Revenue Receipts and/or Shared Issuer Revenue Receipts so applied shall constitute repayments of principal under the relevant Intercompany Loan and shall reduce the outstanding principal balance of that Intercompany Loan accordingly.
Except in the case of the Current Issuer Principal Deficiency Ledger and except as provided in Clause 2.4.(b) of the Current Issuer Bank Account Agreement, a debit item shall only be made in respect of any of the Current Issuer Ledgers, and the corresponding payment or transfer (if any) may only be made from the Current Issuer Transaction Accounts, to the extent that such entry does not cause the relevant ledger to have a debit balance.
Except in the case of the Current Issuer Principal Deficiency Ledger and except as provided in Clause 2.4(b) of the Current Issuer Bank Account Agreement, a debit item shall only be made in respect of any of the Current Issuer Ledgers, and the corresponding payment or transfer (if any) may only be made from the Current Issuer Transaction Accounts, to the extent that such entry does not cause the relevant ledger to have a debit balance.
The Notional Amount shall bedetermined in respect of the close of business on the day immediately preceding the Calculation Date corresponding to the relevant Calculation Period, as if any adjustments made on such date to the Outstanding Principal Amount of the Intercompany Loans, the balance of the Funding 1 Issuer Principal Deficiency Ledger attributable to the Intercompany Loans and the amount of Funding 1 Principal Receipts in the Funding 1 GIC Account had become effective.
Average residual reflectance decreased drastically with the increase of layer number.
The Current Issuer Cash Manager shall ensure that there shall be credited to the Current Issuer Principal Deficiency Ledger any amount to be credited in accordance with paragraph 3 above.