Common use of Equitable Interest Clause in Contracts

Equitable Interest. permit any person other than itself and the Master Issuer Security Trustee (as to itself and on behalf of the Master Issuer Secured Creditors) to have any equitable or beneficial interest in any of its assets or undertakings or any interest, estate, right, title or benefit therein;

Appears in 2 contracts

Sources: Second Supplemental Master Issuer Trust Deed (Permanent Funding (No. 2) LTD), Second Supplemental Master Issuer Trust Deed (Permanent Funding (No. 2) LTD)