Revenue Ledger definition

Revenue Ledger means the ledger maintained by the Cash Manager in the name of the Mortgages Trustee pursuant to the Cash Management Agreement to record Revenue Receipts received by the Mortgages Trustee and the payment of the same on each Distribution Date in accordance with the terms of the Mortgages Trust Deed;

Revenue Ledger means the ledger of such name maintained by the Cash Manager pursuant to and in accordance with the Cash Management Agreement;

Revenue Ledger has the meaning ascribed to it in Clause 6 of the Administration Agreement.

Examples of Revenue Ledger in a sentence

• The Current Issuer Cash Manager shall thereafter record as a debit on the Current Issuer Revenue Ledger the application by the Current Issuer of any excess Current Issuer Available Revenue Receipts to extinguish any balance on a Current Issuer Principal Deficiency Sub Ledger.

• On any payment date, the Issuer Cash Manager will apply amounts standing to the credit of any sub-ledger (in respect of a Series and Class of Issuer Notes) of the Issuer Revenue Ledger to pay the interest and other amounts due in respect of such Series and Class of Issuer Notes under the Issuer Pre-Enforcement Revenue Priority of Payments.

• The Current Issuer Cash Manager shall thereafterrecord as a debit on the Current Issuer Revenue Ledger the application by the Current Issuer of any excess Current Issuer Available Revenue Receipts to extinguish any balance on a Current Issuer Principal Deficiency Sub Ledger.

More Definitions of Revenue Ledger

Revenue Ledger means the ledger so referred to in Clause 6.1.1;

Revenue Ledger has the meaning given to it in the Administration Agreement;

Revenue Ledger means the ledger in the books of the Issuer so named; “Revenue Loss” has the meaning ascribed thereto in the Servicing Agreement;

Revenue Ledger means the ledger so referred to in sub-clause 6.2.1; "Reversionary Period" has the meaning given to it in the Mortgage Sale Agreement;

Revenue Ledger has the same meaning as in the Administration Agreement;

Revenue Ledger means the ledger of such name created and maintained by the Cash/Bond Administrator in the Transaction Account;

Revenue Ledger means the ledger in the books of the Issuer so named and maintained by the Cash Manager on behalf of the Issuer;