THE FUNDING LOAN. Section 2.01 Terms 198 Section 2.02 Pledged Security 20 Section 2.03 Limited Obligations 20 Section 2.04 Funding Loan Agreement Constitutes Contract 21 Section 2.05 Form and Execution 21 Section 2.06 Authentication 21 Section 2.07 Mutilated, Lost, Stolen or Destroyed Governmental Note 21 Section 2.08 Registration; Transfer of Funding Loan; Transferee Representations Letter 22 Section 2.09 Restrictions on Transfer 22 Section 2.10 Funding Loan Closing Conditions; Delivery of Governmental Notes 23 Section 2.11 Conditions of Second and Subsequent Advances of Funding Loan Proceeds 24
THE FUNDING LOAN. Section II.01Terms .
THE FUNDING LOAN. 2.1 The Funding Loan Provider hereby grants to Funding, on the date hereof (the Closing Date), and upon the terms and subject to the conditions hereof, an uncommitted sterling loan facility (the Funding Loan Facility) in an aggregate maximum amount of up to £1,000,000,000 (the Maximum Drawdown Amount).
THE FUNDING LOAN. Section 2.01 Terms 19 Section 2.02 Pledged Security 21 Section 2.03 Limited Obligations 21 Section 2.04 Funding Loan Agreement Constitutes Contract 22 Section 2.05 Form and Execution 22 Section 2.06 Authentication 22 Section 2.07 Mutilated, Lost, Stolen or Destroyed Governmental Note 22 Section 2.08 Registration; Transfer of Funding Loan; Transferee Representations Letter 23 Section 2.09 Restrictions on Transfer 23 Section 2.10 Funding Loan Closing Conditions; Delivery of Governmental Notes 24 Section 2.11 Conditions of Second and Subsequent Advances of Funding Loan Proceeds 25 Section 2.12 Establishment of Project Loan Fund; Application of Funding Loan Proceeds and Other Money 25 Section 2.13 Direct Loan Payments to Servicer; Servicer Disbursement of Fees 26 Section 2.14 Conversion 27
THE FUNDING LOAN
