BROKEN PERIODS. Funding shall forthwith on demand indemnify the Master Issuer against any loss or liability that the Master Issuer incurs as a consequence of any payment of principal being received from any source otherwise than on an Interest Payment Date or an overdue amount being received otherwise than on its due date.
Appears in 8 contracts
Samples: Master Intercompany Loan Agreement, Master Intercompany Loan Agreement, Master Intercompany Loan Agreement
BROKEN PERIODS. Funding 2 shall forthwith on demand indemnify the Master Issuer against any loss or liability that the Master Issuer incurs as a consequence of any payment of principal being received from any source otherwise than on an Interest a Loan Payment Date or an overdue amount being received otherwise than on its due date.
Appears in 3 contracts
Samples: Global Intercompany Loan Agreement (Granite Finance Funding 2 LTD), Master Intercompany Loan Agreement (Permanent Funding (No. 2) LTD), Intercompany Loan Agreement (Granite Finance Funding 2 LTD)
BROKEN PERIODS. Funding 2 shall forthwith on demand indemnify the Master Issuer against any loss or liability that the Master Issuer incurs as a consequence of any payment of principal being received from any source otherwise than on an Interest a Payment Date or an overdue amount being received otherwise than on its due date.
Appears in 1 contract
Samples: Global Intercompany Loan Agreement (Granite Finance Trustees LTD)
