NOTEHOLDER ASSUMED TO BE COUPONHOLDER. Wherever in this Deed any Trustee is required or entitled to exercise a power, trust, authority or discretion under this Deed in relation to any Series, except as ordered by a court of competent jurisdiction or as required by applicable law, the Trustee shall, notwithstanding that it may have express notice to the contrary, assume that each Noteholder in respect of such Series is the holder of all Coupons and Talons relating to such Note.
Appears in 5 contracts
Samples: Management Agreement (Gracechurch Receivables Trustee LTD), Management Agreement (Barclaycard Funding PLC), Management Agreement (Barclaycard Funding PLC)
