Variable Funding Supplement definition
Examples of Variable Funding Supplement in a sentence
The P&S, the Series Supplement, the P&S Amendment and the Variable Funding Supplement are hereinafter collectively referred to as the Pooling and Servicing Agreement.
On each other date on which Note Interest is due and payable under the terms of a Series 1997 Variable Funding Supplement, each Lessee shall pay to the Lessor, as Monthly Variable Rent, an amount equal to the amount of Note Interest due and payable on such date in respect of the Series 1997 Variable Funding Notes.
In the event that any term or provision contained herein shall conflict with or be inconsistent with any provision contained in the Agreement, the terms and provisions of this Variable Funding Supplement shall govern.
All instructions given by the Servicer to the Trustee pursuant to this Variable Funding Supplement shall be in writing, and may be included in a Daily Report or Settlement Statement.
All Article, Section or subsection references herein shall mean Article, Section or subsections of the Agreement, as amended or supplemented by this Variable Funding Supplement except as otherwise provided herein.
As supplemented by this Variable Funding Supplement, the Agreement is in all respects ratified and confirmed and the Agreement as so supplemented by this Variable Funding Supplement shall be read, taken, and construed as one and the same instrument.
This Variable Funding Supplement may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all of such counterparts shall together constitute but one and the same instrument.
For purposes of determining the availability of funds or the balances in the Principal Account or the Interest Funding Account for any other reason under this Variable Funding Supplement, all investment earnings on such funds shall be deemed not to be available or on deposit.
The Trustee shall not be responsible in any manner whatsoever for or in respect of the sufficiency of this Variable Funding Supplement or for in respect of the Preliminary Statement contained herein, all of which recitals are made solely by the Transferor.
If the Servicer so waives the Monthly Servicing Fee for any Distribution Date, the Monthly Servicing Fee for such Distribution Date shall be deemed to be zero for all purposes of this Variable Funding Supplement and the Agreement.