CHANGE OF SECURITY TRUSTEE. 29.1 If there is any change in the identity of the Security Trustee in accordance with the Funding 1 Deed of Charge, the Servicer, the Seller, Funding 1 and the Mortgages Trustee shall execute such documents and take such action as the successor Security Trustee and the outgoing Security Trustee may reasonably require for the purpose of vesting in the successor Security Trustee the rights and obligations of the outgoing Security Trustee under this Agreement and releasing the outgoing Security Trustee from its future obligations under this Agreement.
CHANGE OF SECURITY TRUSTEE. In the event that there is any change in the identity of the Security Trustee or an additional security trustee is appointed in accordance with the Deed of Charge, the Cash Manager shall execute such documents with any other parties to this Agreement and take such actions as such new security trustee may require for the purposes of vesting in such new security trustee the rights of the Security Trustee under this Agreement and under the Deed of Charge and releasing the retiring Security Trustee from further obligations thereunder.
CHANGE OF SECURITY TRUSTEE. 25 30. Amendments............................................................. 25 31.
CHANGE OF SECURITY TRUSTEE. In the event that there is any change in the identity of the Security Trustee or an additional Security Trustee is appointed in accordance with the Funding 1 Deed of Charge, as the case may be, the Cash Manager shall execute such documents with any other parties to this Agreement and take such actions as such new Security Trustee may reasonably require for the purposes of vesting in such new Security Trustee the rights of the Security Trustee under this Agreement and under the Funding 1 Deed of Charge and releasing the retiring Security Trustee from further obligations thereunder and while any of the Notes of any Issuer remains outstanding shall give notice thereof to the Rating Agencies.
CHANGE OF SECURITY TRUSTEE. In the event that there is any change in the identity of the Security Trustee or an additional Security Trustee is appointed in accordance with the provisions of the Seventh Issuer Deed of Charge, the existing Security Trustee, the new Security Trustee or the retiring Security Trustee, as the case may be, the Seventh Issuer Cash Manager, the Seventh Issuer and the Seventh Issuer Account Bank shall execute such documents and take such actions as such of the new Security Trustee and the retiring Security Trustee or, as the case may be, the existing Security Trustee shall agree are reasonably necessary for the purpose of vesting in such new Security Trustee the rights, benefits and obligations of the Security Trustee under this Agreement and releasing the retiring Security Trustee from its future obligations hereunder.
CHANGE OF SECURITY TRUSTEE. 17.1 If there is any change in the identity of the Security Trustee in accordance with the Deed of Charge, the Seller and the LLP shall execute such documents and take such action as the successor Security Trustee and the outgoing Security Trustee may reasonably require for the purpose of vesting in the successor Security Trustee the lights and powers of the outgoing Security Trustee hereunder and the Seller shall give notice thereof to the Rating Agencies.
CHANGE OF SECURITY TRUSTEE. In the event that there is any change in the identity of the Security Trustee or an additional Security Trustee is appointed in accordance with the Funding Deed of Charge, the existing Security Trustee or the retiring Security Trustee, the Cash Manager, Funding and the Account Bank shall execute such documents and take such actions of the new Security Trustee and the retiring Security Trustee or, as the case may be, the existing Security Trustee shall agree are reasonably necessary for the purpose of vesting in such new Security Trustee the rights, benefits and obligations of the Security Trustee under this Agreement and releasing the retiring Security Trustee from its future obligations hereunder. It is acknowledged that a trust corporation may be appointed as sole trustee and in the event that there are one or more Security Trustees, at least one of such Security Trustees shall be a trust corporation.
CHANGE OF SECURITY TRUSTEE. 21 20. Not Used..................................................................21 21.
CHANGE OF SECURITY TRUSTEE. In the event that there is any change in the identity of the Security Trustee or an additional security trustee is appointed in accordance with the Seventh Issuer Deed of Charge, the Seventh Issuer Cash Manager shall execute such documents with any other parties to this Agreement and take such actions as such new security trustee may reasonably require for the purposes of vesting in such new security trustee the rights of the Security Trustee under this Agreement and under the Seventh Issuer Deed of Charge and releasing the retiring Security Trustee from further obligations thereunder.
CHANGE OF SECURITY TRUSTEE. In the event that there is any change in the identity of the Security Trustee or an additional security trustee is appointed in accordance with the Sixth Issuer Deed of Charge, the Sixth Issuer Cash Manager shall execute such documents with any other parties to this Agreement and take such actions as such new security trustee may reasonably require for the purposes of vesting in such new security trustee the rights of the Security Trustee under this Agreement and under the Sixth Issuer Deed of Charge and releasing the retiring Security Trustee from further obligations thereunder.
