COVENANT OF COMPLIANCE. The Issuer covenants with the Trustee that it will comply with and perform and observe all the provisions of these presents which are expressed to be binding on it. The Conditions shall be binding on the Issuer, the Trustee, the Noteholders and the Couponholders. The Trustee shall be entitled to enforce the obligations of the Issuer under the Notes and the Coupons as if the same were set out and contained in this Trust Deed, which shall be read and construed as one document with the Notes and the Coupons. The Trustee shall hold the benefit of this covenant upon trust for itself and the Noteholders, and the Couponholders according to its and their respective interests.
Appears in 2 contracts
Samples: Agency Agreement, Agency Agreement
COVENANT OF COMPLIANCE. The THE Issuer covenants with the Trustee that it will comply with and perform and observe all the provisions of these presents which are expressed to be binding on it. The Conditions shall be binding on the Issuer, the Trustee, the Noteholders Holders and the Couponholders. The Trustee shall be entitled to enforce the obligations of the Issuer under the Notes Securities and the Coupons as if the same were set out and contained in this the Trust DeedDeeds constituting the same, which shall be read and construed as one document with the Notes Securities and the Coupons. The Trustee shall hold the benefit of this covenant upon trust for itself and the Noteholders, Holders and the Couponholders according to its and their respective interests.
Appears in 2 contracts
Samples: Registrar (United Utilities PLC), PPL Electric Utilities Corp
COVENANT OF COMPLIANCE. β The Issuer covenants with the Trustee that it will comply with and perform and observe all the provisions of these presents which are expressed to be binding on it. The Conditions shall be binding on the Issuer, the Trustee, the Noteholders and the Couponholders. The Trustee shall be entitled to enforce the obligations of the Issuer under the Notes and the Coupons as if the same were set out and contained in this Trust Deed, which shall be read and construed as one document with the Notes and the Coupons. The Trustee shall hold the benefit of this covenant upon trust for itself and the Noteholders, and the Couponholders according to its and their respective interests.
Appears in 1 contract
Samples: Agency Agreement
COVENANT OF COMPLIANCE. The THE relevant Issuer covenants with the Trustee that it will comply with and perform and observe all the provisions of these presents which are expressed to be binding on it. The Conditions shall be binding on the relevant Issuer, the TrusteeNoteholders, the Noteholders Receiptholders and the Couponholders. The Trustee shall be entitled to enforce the obligations of the relevant Issuer under the Notes Notes, the Receipts and the Coupons as if the same were set out and contained in this Trust Deed, which shall be read and construed as one document with the Notes Notes, the Receipts and the Coupons. The Trustee shall hold the benefit of this covenant upon trust for itself and the Noteholders, the Receiptholders and the Couponholders according to its and their respective interests.
Appears in 1 contract
Samples: United Utilities PLC