Common use of Amortisation Test Clause in Contracts

Amortisation Test. 3.2.1 Subject to Clauses 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, perform agreed upon procedures 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

Appears in 2 contracts

Sources: Asset Monitor Appointment Agreement, Asset Monitor Appointment Agreement