Reserve Ledger definition

Reserve Ledger means the ledger on the GIC Account of such name maintained by the Cash Manager pursuant to and in accordance with the Cash Management Agreement;

Reserve Ledger means the ledger on the GDA Account of such name maintained by the Cash Manager pursuant to and in accordance with the Cash Management Agreement, to record the crediting of Revenue Receipts to the Reserve Fund and the debiting of such Reserve Fund in accordance with the terms of the Guarantor Agreement;

Reserve Ledger means the ledger on the GIC Account of such name maintained by the Cash Manager pursuant to the Cash Management Agreement, to record the crediting of Revenue Receipts and (if so directed by the Seller) Cash Capital Contributions to the Reserve Fund and the debiting of such Reserve Fund in accordance with the terms of the LLP Deed; Reset Date has the meaning given to it in the ISDA Definitions; Revenue Ledger means the ledger on the GIC Account of such name maintained by the Cash Manager pursuant to the Cash Management Agreement, to record credits and debits of Revenue Receipts in accordance with the terms of the LLP Deed;

Examples of Reserve Ledger in a sentence

• Any such Current Issuer Liquidity Reserve Fund and such Current Issuer Liquidity Reserve Ledger shall be established and maintained in accordance with the provisions of the Cash Management Agreement.

• Unless and until the Intercompany Loan of any Issuer has been repaid in full and Funding has no further liability under the relevant Intercompany Loan Agreement, amounts standing to the credit of the Issuer Reserve Ledger and the Issuer Liquidity Reserve Ledger, if any, established by Funding for that Issuer may only be utilized by Funding in making payments due under that Issuer's Intercompany Loan and may not be used in or towards the payment of any other liability of Funding.

• Any such [{circle}] Issuer Liquidity Reserve Fund and the [{circle}] Issuer Liquidity Reserve Ledger shall be established and maintained in accordance with the provisions of the Cash Management Agreement.

• The Master Issuer and the Issuer Cash Manager shall procure that, subject to and in accordance with the Issuer Priority of Payments, amounts standing to the credit of the Issuer Reserve Ledger shall only be debited for the purposes as specified in paragraph 1 of Schedule 4 (Issuer Reserve Fund).

• Funding 2 and the Cash Manager shall procure that, subject to and in accordance with the Funding 2 Priority of Payments, amounts standing to the credit of the Funding 2 Reserve Ledger or the Funding 2 Liquidity Reserve Ledger (if any) shall only be debited for the purposes as specified in Schedule 5 (Utilisation of Funding 2 Reserves).

More Definitions of Reserve Ledger

Reserve Ledger means the notional ledger referred to and operated in accordance with Clause 8 of this Replacement Annex.

Reserve Ledger means the ledger maintained by the Master Servicer which will, in respect of each Agreed Currency:

Reserve Ledger means the ledger in the books of the Issuer so named; “Reserved Matter” means any proposal:

Reserve Ledger means the ledger maintained by the Master Servicer in accordance with the Servicing Agreement which will:

Reserve Ledger means the ledger established and maintained by the Cash Manager pursuant to CLAUSE 4.3(b) OF the Cash Management Agreement;

Reserve Ledger means a segregated ledger designated the “Reserve Ledger” to be established within the Transaction Account in order to record a fund (the “Reserve Fund”) to which the following amounts will be credited: on the Issue Date, €31,025,000 represented by amounts drawn under Tranche B of the Subordinated Loan (the “Initial Reserve Fund Required Amount”) and (ii) on any Interest Payment Datefollowing the Issue Date, amounts paid pursuant to item (vi) of the Revenue Priority of Payments, up to the Reserve Fund Required Amount (as defined below).

Reserve Ledger means the ledger that shall be maintained by the Issuer Cash Manager pursuant to the Issuer Cash Management Agreement to record the balance from time to time of the Reserve Fund.