SELECTION OF FUNDING PERIODS. Determination of Interest Rates 26 SECTION 3C.5. Determination of Series 1998-1 Amortization Principal Payments 27 SECTION 3C.6. Applications 27 ARTICLE IVDISTRIBUTIONS AND REPORTS 29 SECTION 4C.1. Distributions 29 SECTION 4C.2. Statements and Notices 29 SECTION 4C.3. Notices 31 ARTICLE VADDITIONAL EARLY AMORTIZATION EVENTS 31 SECTION 5.1. Additional Early Amortization Events 31 ARTICLE VISERVICING FEE 35 SECTION 6.1. Servicing Compensation 35
SELECTION OF FUNDING PERIODS. (a) Subject to this clause, the Borrower may only select Funding Periods of 30, 60, 90, 120 or 180 days. ________________________________________________________________________________
SELECTION OF FUNDING PERIODS. (a) Subject to the subsequent provisions in this Clause and to Clause 9.2(c), Funding Periods selected by a Borrower shall be of a period not longer than 185 days or, if required, such other period as the Lender or BNZ, as the case may be, may agree to enable consolidation of Segments of the same Facility and currency.
SELECTION OF FUNDING PERIODS. (a) A Borrower of any Funding Portion under the Cash Advance Facility, Commercial Bills Facility or a Funding Portion to be provided as a Trade Advance or as Proceeds of Negotiation under the Trade Finance Facility must select the initial Funding Period which is to apply to the Funding Portion in the Funding Notice delivered for that Funding Portion.
SELECTION OF FUNDING PERIODS. 13 7. INTEREST ................................................................14
SELECTION OF FUNDING PERIODS. With respect to any portion of the Invested Amount which is funded by a Conduit Purchaser through the issuance of Commercial Paper, the Transferor may, subject to the applicable Managing Agent's approval and the limitations described below, request that the Invested Amount so funded by a Conduit Purchaser be allocated among one or more Funding Periods, so that the aggregate amounts so allocated with respect to such Conduit Purchaser at all times shall equal the Invested Amount held by such Conduit Purchaser. No such Funding Period applicable to Invested Amounts funded by the issuance of Commercial Paper shall be longer than 270 days and no such Funding Period applicable to Invested Amounts funded other than by the issuance of Commercial Paper shall be longer than one month. The Transferor shall give each Managing Agent irrevocable notice by telephone of the new requested Funding Period(s) at least one (1) Business Days prior to the expiration of any then existing Funding Period; provided, however, that the applicable Conduit Purchaser or the related Managing Agent may select any such new Funding Period if (1) the Transferor fails to provide such notice on a timely basis or (ii) such Conduit Purchaser or the related Managing Agent determines, in its sole discretion, that the Funding Period requested by the Transferor is unavailable or for any reason commercially undesirable.
SELECTION OF FUNDING PERIODS. 6.1 Subject to this clause, each Funding Period will have a duration of 30 days.
SELECTION OF FUNDING PERIODS. 6 8 REPAYMENT............................................................................................6 9 INTEREST.............................................................................................7 10 PAYMENTS.............................................................................................8 11 TAXATION.............................................................................................9
SELECTION OF FUNDING PERIODS. (a) Subject to the subsequent provisions of this clause, a Funding Period must be of 90 or 180 days or any other period that the Agent agrees with the Borrower. -------------------------------------------------------------------------------- page 20
