MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will: (a) (Notify Standby Redraw Facility Provider): immediately notify the 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 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 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
Appears in 1 contract
Sources: Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD 2000 Med Trust)
MANAGER'S UNDERTAKINGS AFTER MANAGER EVENT. At any time after a Manager Event occurs the Manager will:
(a) (Notify Standby Redraw Facility Provider): immediately notify the 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 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 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
Appears in 1 contract
Sources: Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD)