MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will: (a) (NOTIFY LIQUIDITY FACILITY PROVIDER): immediately notify the Liquidity Facility Provider as soon as it becomes actually aware of the occurrence of: (i) any Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default; or (ii) any litigation, arbitration, criminal or administrative proceedings relating to any of the Trustee's property, assets or revenues that involves a claim against it in excess of A$1 million or that, if decided adversely to it, could have a material adverse effect on its ability to perform the Obligations, and in each case advise the Liquidity Facility Provider of what steps it has taken and what steps it proposes to take in relation to such occurrences; and (b) (DELIVER MATERIALS): deliver to the Liquidity Facility Provider: (i) as soon as practicable and in any event not later than 120 days after the close of each of the Series Trust's financial years, a copy of the audited Accounts of the Series Trust; (ii) as soon as practicable and in any event not later than 90 days after the first half of each of the Series Trust's financial years, a copy of a statement setting out the Assets and Liabilities of the Series Trust for that half-year; (iii) a soon as practical and in any event not later than 90 days after each half year of each financial year of the Series Trust, a copy of the written report prepared by the Auditor in accordance with clause 21.9 of the Master Trust Deed; (iv) as and when required by the Liquidity Facility Provider, a certificate executed by two Authorised Officers on behalf of the Manager stating to the best of the knowledge of the Manager whether or not an Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default has occurred and if the same has occurred, setting out the details of such event and the steps (if any) taken by the Manager to remedy or cure the same; and (v) promptly, such further information regarding the Series Trust's financial condition and business operations within the knowledge of the Manager as the Liquidity Facility Provider from time to time reasonably requires.
Appears in 5 contracts
Sources: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Medallion Trust Series 2007-1g)
MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will:
(a) (NOTIFY LIQUIDITY STANDBY REDRAW FACILITY PROVIDER): immediately notify the Liquidity Standby Redraw Facility Provider as soon as it becomes actually aware of the occurrence of:
(i) any Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default; or
(ii) any litigation, arbitration, criminal or administrative proceedings relating to any of the Trustee's property, assets or revenues that involves a claim against it in excess of A$1 million or that, if decided adversely to it, could have a material adverse effect on its ability to perform the Obligations, and in each case advise the Liquidity Standby Redraw Facility Provider of what steps it has taken and what steps it proposes to take in relation to such occurrences; and
(b) (DELIVER MATERIALS): deliver to the Liquidity Standby Redraw Facility Provider:
(i) as soon as practicable and in any event not later than 120 days after the close of each of the Series Trust's financial years, a copy of the audited Accounts of the Series Trust;
(ii) as soon as practicable and in any event not later than 90 days after the first half of each of the Series Trust's financial years, a copy of a statement setting out the Assets and Liabilities of the Series Trust for that half-year;
(iii) a as soon as practical and in any event not later than 90 days after each half year of each financial year of the Series Trust, a copy of the written report prepared by the Auditor in accordance with clause 21.9 of the Master Trust Deed;
(iv) as and when required by the Liquidity Standby Redraw Facility Provider, a certificate executed by two Authorised Officers on behalf of the Manager stating to the best of the knowledge of the Manager whether or not an Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default has occurred and if the same has occurred, setting out the details of such event and the steps (if any) taken by the Manager to remedy or cure the same; and
(v) promptly, such further information regarding the Series Trust's financial condition and business operations within the knowledge of the Manager as the Liquidity Standby Redraw Facility Provider from time to time reasonably requires.. -------------------------------------------------------------------------------- 12. EVENTS OF DEFAULT
Appears in 4 contracts
Sources: Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD), Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD), Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD)
MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will:
(a) (NOTIFY LIQUIDITY REDRAW FACILITY PROVIDER): immediately notify the Liquidity Redraw Facility Provider as soon as it becomes actually aware of the occurrence of:
(i) any Event of Default, Servicer Potential Event of Default, Manager Default or Trustee Default, Potential Termination Event, Perfection of Title Event or Manager DefaultDefault and the steps taken to remedy that event; or
(ii) any litigation, arbitration, criminal or administrative proceedings relating to any of the TrusteeBorrower's property, assets or revenues that involves a claim against it in excess of A$1 million 1,000,000 or that, if decided adversely to it, could have a material adverse effect on its ability to perform the Obligations, and in each case advise the Liquidity Redraw Facility Provider of what steps it has taken and what steps it proposes to take in relation to such occurrences; and
(b) (DELIVER MATERIALSACCOUNTS): deliver to the Liquidity Redraw Facility Provider:
(i) as soon as practicable and in any event not later than 120 days after the close of each of the Series PUMA Trust's financial years, a copy of the audited Accounts annual accounts of the Series PUMA Trust;
(ii) as soon as practicable and in any event not later than 90 days after the first half of each of the Series PUMA Trust's financial years, a copy of a statement setting out the Assets and Liabilities of the Series Trust for that half-year;
(iii) a soon as practical and in any event not later than 90 days after each half year of each financial year of the Series Trust, a copy of the written report prepared by the Auditor in accordance with clause 21.9 13.5 of the Master Trust DeedDeed (if any);
(iviii) as and when required by the Liquidity Redraw Facility Provider, a certificate executed by two 2 Authorised Officers Signatories on behalf of the Manager stating to the best of the knowledge of the Manager whether or not an Event of Default, Servicer Potential Event of Default, Manager Default or Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default has occurred and if the same has occurred, setting out the details of such event thereof and the steps (if any) taken by the Manager to remedy or cure the same; and
(viv) promptly, such further information regarding the Series PUMA Trust's financial condition and business operations within the knowledge of the Manager as the Liquidity Redraw Facility Provider from time to time reasonably requires.. -------------------------------------------------------------------------------- 13. EVENTS OF DEFAULT
Appears in 2 contracts
Sources: Redraw Facility Agreement (Macquarie Securitisation LTD Puma Global Trust No 4), Redraw Facility Agreement (Macquarie Securitisation LTD)
MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will:
(a) (NOTIFY LIQUIDITY FACILITY PROVIDERNotify Standby Redraw Facility Provider): immediately notify the Liquidity Standby Redraw Facility Provider as soon as it becomes actually aware of the occurrence of:
(i) any Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default; or
(ii) any litigation, arbitration, criminal or administrative proceedings relating to any of the Trustee's property, assets or revenues that involves a claim against it in excess of A$1 million or that, if decided adversely to it, could have a material adverse effect on its ability to perform the Obligations, and in each case advise the Liquidity Standby Redraw Facility Provider of what steps it has taken and what steps it proposes to take in relation to such occurrences; and
(b) (DELIVER MATERIALSDeliver Materials): deliver to the Liquidity Standby Redraw Facility Provider:
(i) as soon as practicable and in any event not later than 120 days after the close of each of the Series Trust's financial years, a copy of the audited Accounts of the Series Trust;
(ii) as soon as practicable and in any event not later than 90 days after the first half of each of the Series Trust's financial years, a copy of a statement setting out the Assets and Liabilities of the Series Trust for that half-year;
(iii) a as soon as practical and in any event not later than 90 days after each half year of each financial year of the Series Trust, a copy of the written report prepared by the Auditor in accordance with clause 21.9 of the Master Trust Deed;
(iv) as and when required by the Liquidity Standby Redraw Facility Provider, a certificate executed by two Authorised Officers on behalf of the Manager stating to the best of the knowledge of the Manager whether or not an Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default has occurred and if the same has occurred, setting out the details of such event and the steps (if any) taken by the Manager to remedy or cure the same; and
(v) promptly, such further information regarding the Series Trust's financial condition and business operations within the knowledge of the Manager as the Liquidity Standby Redraw Facility Provider from time to time reasonably requires.. --------------------------------------------------------------------------------
Appears in 1 contract
Sources: Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD)
MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will:
(a) (NOTIFY LIQUIDITY STANDBY REDRAW FACILITY PROVIDER): immediately notify the Liquidity Standby Redraw Facility Provider as soon as it becomes actually aware of the occurrence of:
(i) any Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default; or
(ii) any litigation, arbitration, criminal or administrative proceedings relating to any of the Trustee's property, assets or revenues that involves a claim against it in excess of A$1 [ ] million or that, if decided adversely to it, could have a material adverse effect on its ability to perform the Obligations, and in each case advise the Liquidity Standby Redraw Facility Provider of what steps it has taken and what steps it proposes to take in relation to such occurrences; and
(b) (DELIVER MATERIALS): deliver to the Liquidity Standby Redraw Facility Provider:
(i) as soon as practicable and in any event not later than 120 days after the close of each of the Series Trust's financial years, a copy of the audited Accounts of the Series Trust;
(ii) as soon as practicable and in any event not later than 90 days after the first half of each of the Series Trust's financial years, a copy of a statement setting out the Assets and Liabilities of the Series Trust for that half-year;
(iii) a as soon as practical and in any event not later than 90 days after each half year of each financial year of the Series Trust, a copy of the written report prepared by the Auditor in accordance with clause 21.9 of the Master Trust Deed;
(iv) as and when required by the Liquidity Standby Redraw Facility Provider, a certificate executed by two Authorised Officers on behalf of the Manager stating to the best of the knowledge of the Manager whether or not an Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default has occurred and if the same has occurred, setting out the details of such event and the steps (if any) taken by the Manager to remedy or cure the same; and
(v) promptly, such further information regarding the Series Trust's financial condition and business operations within the knowledge of the Manager as the Liquidity Standby Redraw Facility Provider from time to time reasonably requires.
Appears in 1 contract
Sources: Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD)
MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will:
(a) (NOTIFY LIQUIDITY FACILITY PROVIDERNotify Standby Redraw Facility Provider): immediately notify the Liquidity Standby Redraw Facility Provider as soon as it becomes actually aware of the occurrence of:
(i) any Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default; or
(ii) any litigation, arbitration, criminal or administrative proceedings relating to any of the Trustee's property, assets or revenues that involves a claim against it in excess of A$1 million or that, if decided adversely to it, could have a material adverse effect on its ability to perform the Obligations, and in each case advise the Liquidity Standby Redraw Facility Provider of what steps it has taken and what steps it proposes to take in relation to such occurrences; and
(b) (DELIVER MATERIALSDeliver Materials): deliver to the Liquidity Standby Redraw Facility Provider:
(i) as soon as practicable and in any event not later than 120 days after the close of each of the Series Trust's financial years, a copy of the audited Accounts of the Series Trust;
(ii) as soon as practicable and in any event not later than 90 days after the first half of each of the Series Trust's financial years, a copy of a statement setting out the Assets and Liabilities of the Series Trust for that half-year;
(iii) a as soon as practical and in any event not later than 90 days after each half year of each financial year of the Series Trust, a copy of the written report prepared by the Auditor in accordance with clause 21.9 of the Master Trust Deed;
(iv) as and when required by the Liquidity Standby Redraw Facility Provider, a certificate executed by two Authorised Officers on behalf of the Manager stating to the best of the knowledge of the Manager whether or not an Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default has occurred and if the same has occurred, setting out the details of such event and the steps (if any) taken by the Manager to remedy or cure the same; and
(v) promptly, such further information regarding the Series Trust's financial condition and business operations within the knowledge of the Manager as the Liquidity Standby Redraw Facility Provider from time to time reasonably requires.. -------------------------------------------------------------------------------- 12. Events of Default
Appears in 1 contract
Sources: Standby Redraw Facility Agreement (Securitisation Adv Serv Medallion Trust Series 2004-1g)
MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will:
(a) (NOTIFY LIQUIDITY REDRAW FACILITY PROVIDER): immediately notify the Liquidity Redraw Facility Provider as soon as it becomes actually aware of the occurrence of:
(i) any Event of Default, Servicer Potential Event of Default, Manager Default or Trustee Default, Potential Termination Event, Perfection of Title Event or Manager DefaultDefault and the steps taken to remedy that event; or
(ii) any litigation, arbitration, criminal or administrative proceedings relating to any of the TrusteeBorrower's property, assets or revenues that involves a claim against it in excess of A$1 million [ ] or that, if decided adversely to it, could have a material adverse effect on its ability to perform the Obligations, and in each case advise the Liquidity Redraw Facility Provider of what steps it has taken and what steps it proposes to take in relation to such occurrences; and
(b) (DELIVER MATERIALSACCOUNTS): deliver to the Liquidity Redraw Facility Provider:
(i) as soon as practicable and in any event not later than 120 [120] days after the close of each of the Series PUMA Trust's financial years, a copy of the audited Accounts annual accounts of the Series PUMA Trust;
(ii) as soon as practicable and in any event not later than 90 [90] days after the first half of each of the Series PUMA Trust's financial years, a copy of a statement setting out the Assets and Liabilities of the Series Trust for that half-year;
(iii) a soon as practical and in any event not later than 90 days after each half year of each financial year of the Series Trust, a copy of the written report prepared by the Auditor in accordance with clause 21.9 [13.5] of the Master Trust DeedDeed (if any);
(iviii) as and when required by the Liquidity Redraw Facility Provider, a certificate executed by two 2 Authorised Officers Signatories on behalf of the Manager stating to the best of the knowledge of the Manager whether or not an Event of Default, Servicer Potential Event of Default, Manager Default or Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default has occurred and if the same has occurred, setting out the details of such event thereof and the steps (if any) taken by the Manager to remedy or cure the same; and
(viv) promptly, such further information regarding the Series PUMA Trust's financial condition and business operations within the knowledge of the Manager as the Liquidity Redraw Facility Provider from time to time reasonably requires.. -------------------------------------------------------------------------------- 13. EVENTS OF DEFAULT
Appears in 1 contract
Sources: Redraw Facility Agreement (Macquarie Securitisation LTD)
MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will:
(a) (NOTIFY LIQUIDITY FACILITY PROVIDER): immediately notify the Liquidity Facility Provider as soon as it becomes actually aware of the occurrence of:
(i) any Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default; or
(ii) any litigation, arbitration, criminal or administrative proceedings relating to any of the Trustee's property, assets or revenues that involves a claim against it in excess of A$1 million [_] or that, if decided adversely to it, could have a material adverse effect on its ability to perform the Obligations, and in each case advise the Liquidity Facility Provider of what steps it has taken and what steps it proposes to take in relation to such occurrences; and
(b) (DELIVER MATERIALS): deliver to the Liquidity Facility Provider:
(i) as soon as practicable and in any event not later than 120 days after the close of each of the Series Trust's financial years, a copy of the audited Accounts of the Series Trust;
(ii) as soon as practicable and in any event not later than 90 days after the first half of each of the Series Trust's financial years, a copy of a statement setting out the Assets and Liabilities of the Series Trust for that half-year;
(iii) a soon as practical and in any event not later than 90 days after each half year of each financial year of the Series Trust, a copy of the written report prepared by the Auditor in accordance with clause 21.9 of the Master Trust Deed;
(iv) as and when required by the Liquidity Facility Provider, a certificate executed by two Authorised Officers on behalf of the Manager stating to the best of the knowledge of the Manager whether or not an Event of Default, Servicer Default, Trustee Default, Potential Termination Event, Perfection of Title Event or Manager Default has occurred and if the same has occurred, setting out the details of such event and the steps (if any) taken by the Manager to remedy or cure the same; and
(v) promptly, such further information regarding the Series Trust's financial condition and business operations within the knowledge of the Manager as the Liquidity Facility Provider from time to time reasonably requires.
Appears in 1 contract
Sources: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)