PRINCIPAL CHARGEOFFS. A Principal Xxxxxxxxx in relation to the Standby Redraw Facility Principal pursuant to clause 9.1 of the Series Supplement reduces the amount of the Standby Redraw Facility Principal immediately prior to such Principal Chargeoff by the amount of the Principal Chargeoff with effect from the Distribution Date following the Determination Date upon which the Principal Xxxxxxxxx was determined.
Appears in 2 contracts
Samples: Securitisation Advisory Services Pty LTD, Securitisation Adv Serv Medallion Trust Series 2004-1g
PRINCIPAL CHARGEOFFS. A Principal Xxxxxxxxx Chargeoff in relation to the Standby Redraw Facility Principal pursuant to clause 9.1 of the Series Supplement reduces the amount of the Standby Redraw Facility Principal immediately prior to such Principal Chargeoff by the amount of the Principal Chargeoff with effect from the Distribution Date following the Determination Date upon which the Principal Xxxxxxxxx Chargeoff was determined.
Appears in 2 contracts
Samples: Securitisation Advisory Services Pty LTD, Redraw Facility Agreement (Securitisation Advisory Services Pty LTD)
PRINCIPAL CHARGEOFFS. A Principal Xxxxxxxxx Chargeoff in relation to the Standby Redraw Facility Principal pursuant to clause 9.1 of the Series Supplement reduces the amount of the Standby Redraw Facility Principal immediately prior to such Principal Chargeoff by the amount of the Principal Chargeoff with effect from the Quarterly Distribution Date following the Determination Date upon which the Principal Xxxxxxxxx Chargeoff was determined.
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