Examples of Computation Agent in a sentence
The Computation Agent shall notify the Owner Trustee and the Indenture Trustee (if a separate Person) in writing of the applicable amounts of principal and interest to be paid on each Class of Notes not later than the Business Day following the day on which the applicable distribution date is determined.
The Computation Agent shall notify the Owner Trustee and the Indenture Trustee (if a separate Person) of the applicable amounts of principal and interest to be paid on each Class of Notes not later than the Business Day following the day on which the applicable distribution date is determined.
The Computation Agent shall prepare on or prior to the Investors Report Date, the Investors Report setting out certain information with respect to the Notes.
The Servicer shall monitor and supervise the Payments Report prepared by the Computation Agent.
In carrying out its duties, the Computation Agent will be entitled to rely on certain information provided to it by, amongst others, the Servicer, the Interim Account Bank, the Transaction Bank, the Cash Account Bank, the Agent Bank, the Issuer and the Computation Agent will not be liable for any omission or error in so doing, save as are caused by its own gross negligence (colpa grave) or wilful misconduct (dolo).