Common use of SECURITY TRUSTEE Clause in Contracts

SECURITY TRUSTEE. 30.1 If there is any change in the identity of the Security Trustee or any additional Security Trustee is appointed in accordance with the Deed of Charge, the parties to this Agreement shall execute such documents and take such action as such successor or additional Security Trustee and the outgoing Security Trustee may reasonably require for the purpose of vesting in such successor or additional Security Trustee the rights and obligations of the outgoing Security Trustee under this Agreement and releasing the outgoing Security Trustee from any future obligations under this Agreement.

Appears in 5 contracts

Samples: Servicing Agreement, Version Servicing Agreement, Version Servicing Agreement

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SECURITY TRUSTEE. 30.1 (i) If there is any change in the identity of the Security Trustee or any additional Security Trustee is appointed in accordance with the Deed of Charge, the parties to this Agreement shall execute such documents and take such action as such the successor or additional Security Trustee and the outgoing Security Trustee may reasonably require for the purpose of vesting in such the successor or additional Security Trustee the rights and obligations of the outgoing Security Trustee under this Agreement and releasing the outgoing Security Trustee from any future obligations under this Agreement.

Appears in 4 contracts

Samples: Master Agreement, Isda Master Agreement, Isda Master Agreement

SECURITY TRUSTEE. 30.1 If there is any change in the identity of the Security Trustee or any additional Security Trustee is appointed in accordance with the Deed of Charge, the parties to this Agreement shall execute such exec ute suc h documents and take such action as such successor or additional Security Trustee and the outgoing Security Trustee may reasonably require for the purpose of vesting in such successor or additional Security Trustee the rights and obligations of the outgoing Security Trustee under this Agreement and releasing the outgoing Security Trustee from any future obligations under this Agreement.

Appears in 1 contract

Samples: Version Servicing Agreement

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SECURITY TRUSTEE. 30.1 If there is any change in the identity of the Security Trustee or any additional Security Trustee is appointed in accordance with the Deed of Charge, the parties to this Agreement shall execute such documents and take such action as such successor or additional Security Trustee and the outgoing Security Trustee may reasonably require for the purpose of vesting in such successor or additional Security Trustee the rights and obligations of the outgoing Security Trustee under this Agreement and releasing the outgoing Security Trustee from any future obligations under this Agreement.Agreement.‌

Appears in 1 contract

Samples: Servicing Agreement

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