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

• We scanned the Revenue Ledger for evidence of new restricted receipts requiring a new fund during December 31, 2015 and 2014.

• 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.

• We inspected the Revenue Ledger for evidence of new restricted receipts requiring a new fund during December 31, 2018 and 2017.

• To the extent required to cover any Revenue Deficiency (as described in Ledger above), amounts standing to the credit of the Liquidity Ledger on any Quarterly Instruments Payment Date will be transferred to the Available Revenue Ledger on that Quarterly Instruments Payment Date for application in accordance with the Pre-Enforcement Interest Priority of Payments.

• In particular, the amounts forming part of the Notes Interest Available Amount will be credited to the Revenue 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 and maintained by the Cash Manager on behalf of the Issuer;

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 means the ledger maintained by the Cash Manager on behalf of the Issuer which records all Revenue Receipts, any Swap Collateral Account Surplus, amounts credited to the Deposit Account in accordance with item (o) of the Pre-Enforcement Revenue Priority of Payments and the distribution of the Revenue Receipts and the distribution of any other relevant amounts recorded on the Revenue Ledger in accordance with the Pre-Enforcement Revenue Priority of Payments or the Post-Enforcement Priority of Payments (as applicable) or by way of Third Party Amounts; Revenue Receipts means (a) payments of interest and other fees due from time to time under the Loans (including any Early Repayment Charges) and other amounts received by the Issuer in respect of the Loans and their Related Security other than payments of interest, fees and other amounts comprising Optional Purchase Collections, the Optional Purchase Price received by the Issuer pursuant to the exercise of the Call Option and Redemption Receipts, (b) recoveries of interest from defaulting Borrowers under Loans being enforced, (c) recoveries of all amounts from defaulting Borrowers under Loans following enforcement and sale of the relevant property and (d) the proceeds of repurchase attributable to Accrued Interest and Arrears of Interest only of any Loan repurchased by the Seller from the Issuer pursuant to the Mortgage Sale Agreement;

Revenue Ledger has the same meaning as 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;