Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. -------------------------------------------------------------------------------- 6. REPAYMENT OF STANDBY REDRAW FACILITY PRINCIPAL
Appears in 4 contracts
Samples: Securitisation Advisory Services Pty LTD, Securitisation Advisory Services Pty LTD, Securitisation Advisory Services Pty LTD
Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. -------------------------------------------------------------------------------- 6. REPAYMENT OF STANDBY REDRAW FACILITY PRINCIPALDRAWINGS AND ADVANCES
Appears in 3 contracts
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Securitisation Advisory Services Pty LTD, Securitisation Advisory Services Pty LTD
Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. -------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 6. REPAYMENT OF STANDBY REDRAW FACILITY PRINCIPALDRAWINGS AND ADVANCES
Appears in 1 contract
Samples: Facility Agreement (Securitisation Advisory Services Pty LTD)
Interest on overdue sums. If the Trustee fails to pay any amount due and payable by it under or in respect of this Agreement at the time and in the manner required under this Agreement and the Series Supplement, other than as described in clause 5.4, that amount will bear interest in accordance with this clause. Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause. -------------------------------------------------------------------------------- 6. REPAYMENT OF STANDBY REDRAW FACILITY PRINCIPALRepayment of Standby Redraw Facility Principal
Appears in 1 contract
Samples: Securitisation Adv Serv Medallion Trust Series 2004-1g
