Common use of Amortisation Test Clause in Contracts

Amortisation Test. Subject to Clauses 3.4 and 3.6, following the service of a Notice to Pay, the Asset Monitor shall by no later than ten (10) Business Days following the receipt of the relevant information to be provided to it pursuant to Clause 4, report on the findings resulting from the agreed upon procedures on the calculations performed by the CBC (or the Administrator on its behalf) in relation to the Amortisation Test on each Calculation Date. In this respect, the Asset Monitor shall be provided with figures for the items listed in Clause 4.2 and shall perform the following procedures:

Appears in 4 contracts

Samples: Asset Monitor Appointment Agreement, Asset Monitor Appointment Agreement, Asset Monitor Appointment Agreement

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Amortisation Test. Subject to Clauses 3.4 and 3.6, following 3.6 and after the service of a Notice to Pay, the Asset Monitor shall by no later than ten (10) Business Days following the receipt of the relevant information to be provided to it pursuant to Clause 4, report on test the findings resulting from the agreed upon procedures on arithmetic accuracy of the calculations performed by the CBC (or the Administrator on its behalf) in relation to the Amortisation Test on each Calculation Date, with a view to confirmation of the accuracy or otherwise of such calculations. In this respect, the Asset Monitor shall be provided with figures for the items listed in Clause 4.2 and shall perform the following procedures:test that

Appears in 3 contracts

Samples: Asset Monitor Appointment Agreement, Asset Monitor Appointment Agreement, Asset Monitor Appointment Agreement

Amortisation Test. Subject to Clauses 3.4 3.5 and 3.63.7, following the service of a Notice to Pay, the Asset Monitor shall by no later than ten (10) Business Days following the receipt of the relevant information to be provided to it pursuant to Clause 4, report on the findings resulting from the agreed upon procedures on the calculations performed by the CBC (or the Administrator on its behalf) in relation to the Amortisation Test on each Calculation Date. In this respect, the Asset Monitor shall be provided with figures for the items listed in Clause 4.2 and shall perform the following procedures:

Appears in 1 contract

Samples: Asset Monitor Appointment Agreement

Amortisation Test. 3.2.1 Subject to Clauses 3.4 and 3.6, following the service of a Notice to Pay, the Asset Monitor shall by no later than ten (10) Business Days following the receipt of the relevant information to be provided to it pursuant to Clause 4, report on the findings resulting from the perform agreed upon procedures on with respect to the calculations performed by the CBC (or the Administrator on its behalf) in relation to the Amortisation Test on or before each Calculation Date, with a view to confirm the accuracy or otherwise of such calculations. In this respect, the Asset Monitor shall be provided with figures for the items listed in Clause 4.2 and shall perform the following procedures:Clause

Appears in 1 contract

Samples: Asset Monitor Appointment Agreement

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Amortisation Test. Subject to Clauses 3.4 and 3.6, following the service of a Notice to Pay, the Asset Monitor shall by no later than ten (10) Business Days following the receipt of the relevant information to be provided to it pursuant to Clause 4, report on test the findings resulting from the agreed upon procedures on arithmetic accuracy of the calculations performed by the CBC (or the Administrator on its behalf) in relation to the Amortisation Test on each Calculation Date, with a view to confirm the accuracy or otherwise of such calculations. In this respect, the Asset Monitor shall be provided with figures for the items listed in Clause 4.2 and shall perform the following procedurestest:

Appears in 1 contract

Samples: Asset Monitor Appointment Agreement

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