Examples of Funding 2 Deed of Charge in a sentence
Prior to and following enforcement of the Funding 2 Security all amounts at any time held by Funding 2, the Cash Manager or the Funding 2 Security Trustee in respect of the security created under this Deed shall be held and/or applied by such person subject to and in accordance with the relevant provisions of the Funding 2 Deed of Charge.
The Funding 2 Security Trustee will exercise its powers and authority under this Agreement in the manner provided for in the Master Issuer Trust Deed and the Funding immunities, rights, powers, authorisations, indemnities and benefits conferred on it under and by the Master Issuer Trust Deed, the Funding 2 Deed of Charge and the other Transaction Documents.
The Funding 2 Secured Creditors agree to amend and restate the Funding 2 Priority of Payments set out in Part 1, Part 2 and Part 3 of Schedule 4 of the Funding 2 Deed of Charge in accordance with Appendix 1 hereto.
Any notice or communication under or in connection with this Deed, the Funding 2 Deed of Charge or the Master Definitions Schedule shall be given in the manner and at the times set out in Clause 24 (Notices) of the Funding 2 Deed of Charge to the addresses given in this Clause or at such other address as the recipient may have notified to the other parties hereto and/or thereto in writing.
Funding 2 agrees that it will not agree to, concur with or make any amendments to the Funding 2 Priority of Payments (as defined in the Terms and Conditions of the Notes), the Funding 2 Deed of Charge, the Cash Management Agreement or any other amendments, in each case which would adversely affect the Custodian’s position as a Secured Creditor without seeking the prior written consent of the Custodian.
The Custodian hereby further acknowledges that pursuant to the Funding 2 Deed of Charge, Funding 2 has created security over its rights under the Funding 2 Collateral Security Agreement and this Agreement in favour of the Funding 2 Security Trustee.
Any notice or communication under or in connection with this Deed, the Funding 2 Deed of Charge or the Master Definitions and Construction Schedule shall be given in the manner and at the times set out in Clause 24 (Notices) of the Funding 2 Deed of Charge or at such other address as the recipient may have notified to the other parties hereto and/or thereto in writing.
In determining whether to give its consent to the proposed waiver or amendments to the Representations and Warranties, each of the Funding 1 Security Trustee and the Funding 2 Security Trustee shall exercise its discretion in accordance with the terms of CLAUSE 25.8 of the Funding 1 Deed of Charge and the terms of CLAUSE 24.8 of the Funding 2 Deed of Charge.
Funding 2 shall deliver a mandate to Bank of Scotland plc, as Account Bank relating to such Funding 2 Collateralised GIC Account in accordance with this Agreement and the Funding 2 Deed of Charge.
The address referred to in this Clause 7 for the New Funding 2 Secured Creditor is: [ ] For the attention of: [ ] Telephone: [ ] Facsimile: [ ] or such other address and/or numbers as the New Issuer may notify to the parties to the Funding 2 Deed of Charge in accordance with the provisions thereof.