Redemption of prior mortgages. (a) At any time after this Security has become enforceable, the Collateral Agent may:
Redemption of prior mortgages. The Collateral Agent may at any time after the security hereby constituted has become enforceable redeem any prior Encumbrances against any Security Asset or procure the transfer thereof to itself and may settle and pass the accounts of the prior Encumbrances. Any accounts so settled and passed shall be conclusive and binding on the Owner. All principal moneys, interest, costs, charges and expenses of and incidental to such redemption and transfer shall be immediately due by the Owner to the Collateral Agent without notice or demand being required.
Redemption of prior mortgages. (a) At any time after this Security has become enforceable, the Security Trustee may:
Redemption of prior mortgages. (a) At any time whilst this Security is enforceable, the UK Security Trustee may:
Redemption of prior mortgages. (a) At any time after the occurrence of an Enforcement Event, the Collateral Agent may:
Redemption of prior mortgages. (a) At any time after this Security has become enforceable, the Facility Agent may:
Redemption of prior mortgages. The Indenture Trustee may at any time after the security hereby constituted has become enforceable redeem any prior Encumbrances against any Security Asset or procure the transfer thereof to itself and may settle and pass the accounts of the prior Encumbrances. Any accounts so settled and passed shall be conclusive and binding on the Owner. All principal moneys, interest, costs, charges and expenses of and incidental to such redemption and transfer shall be immediately due by the Owner to the Indenture Trustee without notice or demand being required.
Redemption of prior mortgages. At any time when the Security created by or under this Deed is enforceable, the Collateral Agent may, at the sole cost of the Chargor (payable to the Collateral Agent on written demand):
Redemption of prior mortgages. At any time after the security constituted by this Deed has become enforceable, the Security Trustee may do one or more of the following:
Redemption of prior mortgages. The Security Trustee may, at any time after the security hereby constituted has become enforceable, redeem any prior Security Interest against the Security Assets or any part thereof or procure the transfer thereof to itself and may settle and pass the accounts of the prior mortgagee, chargee or encumbrancer. Any accounts so settled and passed shall be conclusive and binding on the Chargor save for manifest error. All principal moneys, interest, costs, charges and expenses of and incidental to such redemption and transfer shall be paid by the Chargor to the Security Trustee on demand.
