Common use of Acknowledgements and Undertakings Clause in Contracts

Acknowledgements and Undertakings. Each of the Fourth Issuer Secured Creditors hereby acknowledges the assignments, charges and other security interests made or granted by the foregoing provisions of this CLAUSE 3 and undertakes to the Security Trustee not to do anything inconsistent with the security given under or pursuant to this Deed or knowingly to prejudice the security granted to the Security Trustee pursuant to this CLAUSE 3 or the Fourth Issuer Charged Property or the Security Trustee's interest therein provided that, without prejudice to CLAUSE 9 (Receiver), nothing in this Deed shall be construed as limiting the rights exercisable by the aforesaid parties in accordance with the terms of the Fourth Issuer Transaction Documents.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

AutoNDA by SimpleDocs

Acknowledgements and Undertakings. Each of the Fourth Fifth Issuer Secured Creditors hereby acknowledges the assignments, charges and other security interests made or granted by the foregoing provisions of this CLAUSE 3 and undertakes to the Security Trustee not to do anything inconsistent with the security given under or pursuant to this Deed or knowingly to prejudice the security granted to the Security Trustee pursuant to this CLAUSE 3 or the Fourth Fifth Issuer Charged Property or the Security Trustee's interest therein provided that, without prejudice to CLAUSE 9 (Receiver), nothing in this Deed shall be construed as limiting the rights exercisable by the aforesaid parties in accordance with the terms of the Fourth Fifth Issuer Transaction Documents.

Appears in 1 contract

Samples: Permanent Financing (No. 5) PLC

Acknowledgements and Undertakings. Each of the Fourth Seventh Issuer Secured Creditors hereby acknowledges the assignments, charges and other security interests made or granted by the foregoing provisions of this CLAUSE 3 and undertakes to the Security Trustee not to do anything inconsistent with the security given under or pursuant to this Deed or knowingly to prejudice the security granted to the Security Trustee pursuant to this CLAUSE 3 or the Fourth Seventh Issuer Charged Property or the Security Trustee's interest therein provided that, without prejudice to CLAUSE 9 (Receiver), nothing in this Deed shall be construed as limiting the rights exercisable by the aforesaid parties in accordance with the terms of the Fourth Seventh Issuer Transaction Documents.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Acknowledgements and Undertakings. Each of the Fourth Third Issuer Secured Creditors hereby acknowledges the assignments, charges and other security interests made or granted by the foregoing provisions of this CLAUSE Clause 3 and undertakes to the Security Trustee not to do anything inconsistent with the security given under or pursuant to this Deed or knowingly to prejudice the security granted to the Security Trustee pursuant to this CLAUSE Clause 3 or the Fourth Third Issuer Charged Property or the Security Trustee's interest therein provided that, without prejudice to CLAUSE Clause 9 (Receiver), nothing in this Deed shall be construed as limiting the rights exercisable by the aforesaid parties in accordance with the terms of the Fourth Third Issuer Transaction Documents.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

AutoNDA by SimpleDocs

Acknowledgements and Undertakings. Each of the Fourth Sixth Issuer Secured Creditors hereby acknowledges the assignments, charges and other security interests made or granted by the foregoing provisions of this CLAUSE 3 and undertakes to the Security Trustee not to do anything inconsistent with the security given under or pursuant to this Deed or knowingly to prejudice the security granted to the Security Trustee pursuant to this CLAUSE 3 or the Fourth Sixth Issuer Charged Property or the Security Trustee's interest therein provided that, without prejudice to CLAUSE 9 (Receiver), nothing in this Deed shall be construed as limiting the rights exercisable by the aforesaid parties in accordance with the terms of the Fourth Sixth Issuer Transaction Documents.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Acknowledgements and Undertakings. Each of the Fourth Second Issuer Secured Creditors hereby acknowledges the assignments, charges and other security interests made or granted by the foregoing provisions of this CLAUSE Clause 3 and undertakes to the Security Trustee not to do anything inconsistent with the security given under or pursuant to this Deed or knowingly to prejudice the security granted to the Security Trustee pursuant to this CLAUSE Clause 3 or the Fourth Second Issuer Charged Property or the Security Trustee's interest therein provided that, without prejudice to CLAUSE Clause 9 (Receiver), nothing in this Deed shall be construed as limiting the rights exercisable by the aforesaid parties in accordance with the terms of the Fourth Second Issuer Transaction Documents.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Time is Money Join Law Insider Premium to draft better contracts faster.