Common use of AGENTS TO ACT FOR NOTE TRUSTEE Clause in Contracts

AGENTS TO ACT FOR NOTE TRUSTEE. 11.1 Actions of Agents after Notice by Note Trustee of a Potential Note Event of Default or a Note Event of Default: At any time after a Potential Note Event of Default or a Note Event of Default in respect of the Issuer Notes or any of them shall have occurred (which shall not have been waived by the Note Trustee or remedied to its satisfaction) or the Issuer Notes shall otherwise have become due and repayable or Individual Note Certificates have not been issued when so required in accordance with the Issuer Trust Deed and the Global Note Certificates, the Principal Paying Agent, the US Paying Agent, the Paying Agents, the Agent Bank, the Transfer Agent and the Registrar shall, if so required by notice in writing given by the Note Trustee to the Master Issuer and the Agents (or such of them as are specified in such notice):

Appears in 2 contracts

Samples: Calculation Agency Agreement (Granite Finance Trustees LTD), Agreement (Granite Finance Funding 2 LTD)

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