Common use of OTHER SECURED CREDITORS Clause in Contracts

OTHER SECURED CREDITORS. If the related MTN Supplement specifies that any other party is to be a Secured Creditor of the Secured Property in relation to such Series, the beneficial entitlement of such additional Secured Creditor to a security interest in the relevant Secured Property shall be specified in the related MTN Supplement.

Appears in 5 contracts

Sources: Security Trust Deed and MTN Cash Management Agreement (Barclaycard Funding PLC), Security Trust Deed and MTN Cash Management Agreement (Gracechurch Receivables Trustee LTD), Security Trust Deed and MTN Cash Management Agreement (Barclaycard Funding PLC)