Common use of Allocation of Amounts Clause in Contracts

Allocation of Amounts. The Issuer confirms that it has entered into this Agreement to ensure that amounts received by it are allocated, transferred and paid out on its behalf by the Cash/Bond Administrator in accordance with good practice according to market standards in accordance with the terms of the relevant Priority of Payments.

Appears in 1 contract

Sources: Cash/Bond Administration Agreement

Allocation of Amounts. The Issuer confirms that it has entered into this Agreement to ensure that amounts received by it are allocated, transferred and paid out on its behalf by the Cash/Bond Cash Administrator in accordance with good practice according to market standards in accordance with the terms of the relevant Priority of Payments.

Appears in 1 contract

Sources: Confidentiality Agreement