Payment of Proceeds. Subject to the terms of this Agreement, the Funding 1 Liquidity Facility Provider shall make each Funding 1 Liquidity Facility Loan available for Funding 1 on the relevant Funding 1 Liquidity Facility Drawdown Date and shall remit each Funding 1 Liquidity Facility Loan to Funding 1 by noon on the relevant Funding 1 Liquidity Facility Drawdown Date or, if LIBOR is determined otherwise than in accordance with PARAGRAPH (A) of its definition, by 2.00 p.m. on the relevant Funding 1
Appears in 3 contracts
Samples: Liquidity Facility Agreement (Permanent Mortgages Trustee LTD), Agreement (Permanent Financing (No. 6) PLC), Liquidity Facility Agreement (Permanent Financing (No. 5) PLC)
Payment of Proceeds. Subject to the terms of this Agreement, the Funding 1 Liquidity Facility Provider shall make each Funding 1 Liquidity Facility Loan available for Funding 1 on the relevant Funding 1 Liquidity Facility Drawdown Date and shall remit each Funding 1 Liquidity Facility Loan to Funding 1 by noon on the relevant Funding 1 Liquidity Facility Drawdown Date or, if LIBOR is determined otherwise than in accordance with PARAGRAPH paragraph (Aa) of its definition, by 2.00 p.m. on the relevant Funding 11 Liquidity Facility Drawdown Date.
Appears in 3 contracts
Samples: Funding 1 Liquidity Facility Agreement (Permanent Mortgages Trustee LTD), Funding 1 Liquidity Facility Agreement (Permanent Mortgages Trustee LTD), Funding 1 Liquidity Facility Agreement (Permanent Mortgages Trustee LTD)
Payment of Proceeds. Subject to the terms of this Agreement, the Funding 1 Liquidity Facility Provider shall make each Funding 1 Liquidity Facility Loan available for Funding 1 on the relevant Funding 1 Liquidity Facility Drawdown Date and shall remit each Funding 1 Liquidity Facility Loan to Funding 1 by noon on the relevant Funding 1 Liquidity Facility Drawdown Date or, if LIBOR is determined otherwise than in accordance with PARAGRAPH paragraph (Aa) of its definition, by 2.00 p.m. on the relevant Funding 1
Appears in 2 contracts
Samples: Agreement (Permanent Mortgages Trustee LTD), Liquidity Facility Agreement (Permanent Mortgages Trustee LTD)
