Termination by Security Trustee. Following the service of a Note Acceleration Notice on the Issuer the Security Trustee may serve a notice of termination on the Account Bank or the GIC Provider at any time.
Termination by Security Trustee. In addition, prior to the service of a Seventh Issuer Intercompany Loan Acceleration Notice or a Seventh Issuer Note Acceleration Notice, the Security Trustee may terminate this Agreement and close the Seventh Issuer Accounts by serving a notice of termination if any of the events specified in CLAUSE 9.1(B)(I) to (VI) (inclusive) of this Agreement occurs in relation to the Seventh Issuer Account Bank. Following the service of a Seventh Issuer Intercompany Loan Acceleration Notice or a Seventh Issuer Note Acceleration Notice, the Security Trustee may serve a notice of termination at any time.
Termination by Security Trustee. In addition, prior to the service of an Intercompany Loan Enforcement Notice, the Security Trustee may terminate this Agreement and close the Funding (Current Issuer) GIC Account by serving a notice of termination if any of the events specified in Clause 8.1(a) to (f) (inclusive) (Termination Events) of this Agreement occurs in relation to the Account Bank. Following the service of an Intercompany Loan Enforcement Notice, the Security Trustee may serve a notice of termination at any time.
Termination by Security Trustee. Following the service of a Note Acceleration Notice on the Issuer, the Security Trustee may serve a notice of termination on the Collateral Account Bank at any time, provided that such termination shall not take effect until a replacement financial institution or institutions (x) fulfilling the Collateral Account Bank Rating and (y) being a bank as defined in Section 991 of the ITA 2007 shall have entered into an agreement on terms commercially acceptable in the market, pursuant to which the substitute account bank agrees to assume and perform all the material duties and obligations of the Collateral Account Bank under this Agreement, subject to the prior approval of the Security Trustee. If, by the day falling ten (10) days before the expiry of any notice, such a successor replacement financial institution has not been selected, the Collateral Account Bank shall be entitled, on behalf of the Issuer, to appoint in its place a successor complying with the requirements set out in this Clause 9.4 which the Issuer and Security Trustee shall approve.
Termination by Security Trustee. In addition, prior to the service of an Intercompany Loan Enforcement Notice, the Security Trustee may (a) close the Funding Transaction Account by serving notice on Account Bank A, if any of the events specified in Clauses 8.1(A)(a) to 8.1(A)(f) (inclusive) above occur; (b) close the Funding GIC Account by serving notice on Account Bank B, if any of the events specified in Clauses 8.1(B)(a) to 8.1(B)(f) (inclusive) above occur (c); close the Mortgages Trustee GIC Account by serving notice on Account Bank B if any of the events specified in Clauses 8.2(a) to 8.2(h) (inclusive) above occur; or
Termination by Security Trustee. In addition, prior to the service of an LLP Acceleration Notice on the LLP, the Security Trustee may terminate this Agreement and close any of the LLP Accounts held with an Account Bank by serving a notice of termination on the relevant Account Bank (such termination to be effective three London Business Days following service of such notice) if any of the events specified in Clause 7.1(i) to (vi) (inclusive) of this Agreement occurs in relation to that Account Bank. Following the service of an LLP Acceleration Notice on the LLP, the Security Trustee may serve a notice of termination at any time.
Termination by Security Trustee. In addition, prior to the service of a Fourth Issuer Intercompany Loan Acceleration Notice or a Fourth Issuer Note Acceleration Notice, the Security Trustee may terminate this Agreement and close the Fourth Issuer Accounts by serving a notice of termination if any of the events specified in CLAUSE 9.1(A) to (F) (inclusive) of this Agreement occurs in relation to the Fourth Issuer Account Bank. Following the service of a Fourth Issuer Intercompany Loan Acceleration Notice or a Fourth Issuer Note Acceleration Notice, the Security Trustee may serve a notice of termination at any time.
Termination by Security Trustee. In addition, prior to the service of a Third Issuer Intercompany Loan Acceleration Notice or a Third Issuer Note Acceleration Notice, the Security Trustee may terminate this Agreement and close the Third Issuer Transaction Account by serving a notice of termination if any of the events specified in Clause 8.1(a) to (f) (inclusive) of this Agreement occurs in relation to the Third Issuer Account Bank. Following the service of a Third Issuer Intercompany Loan Acceleration Notice or a Third Issuer Note Acceleration Notice, the Security Trustee may serve a notice of termination at any time.
Termination by Security Trustee. In addition, prior to the service of an Intercompany Loan Enforcement Notice, the Security Trustee may (a) close the Funding Transaction Account by serving notice on Account Bank A, if any of the events specified in Clauses 8.1(A)(a) to 8.1(A)(f) (inclusive) above occur; (b) close the Funding GIC Account by serving notice on Account Bank B, if any of the events specified in Clauses 8.1(B)(a) to 8.1(B)(f) (inclusive) above occur (c); close the Mortgages Trustee GIC Account by serving notice on Account Bank B if any of the events specified in Clauses 8.2(a) to 8.2(h) (inclusive) above occur; or (c) terminate this Agreement by serving notice of termination if any of the events specified in Clauses 8.1(A)(a) to 8.1(A)(f) (inclusive) above occur, if any of the events specified in Clauses 8.1(B)(a) to 8.1(B)(f) (inclusive) above occur and if any of the events specified in Clauses 8.2 (a) to 8.2 (h) (inclusive) above occur. Following the service of an Intercompany Loan Enforcement Notice the Security Trustee may terminate this Agreement by serving a notice of termination at any time.
Termination by Security Trustee. In addition, prior to the service of a Fifth Issuer Intercompany Loan Acceleration Notice or a Fifth Issuer Note Acceleration Notice, the Security Trustee may terminate this Agreement and close the Fifth Issuer Accounts by serving a notice of termination if any of the events specified in CLAUSE 9.1(b)(i) to (vi) (inclusive) of this Agreement occurs in relation to the Fifth Issuer Account Bank. Following the service of a Fifth Issuer Intercompany Loan Acceleration Notice or a Fifth Issuer Note Acceleration Notice, the Security Trustee may serve a notice of termination at any time.
