Common use of Security for the Notes Clause in Contracts

Security for the Notes. The Notes and the obligations of the Current Issuer under the Current Issuer Trust Deed will be secured in the manner provided in the Current Issuer Deed of Charge and with the benefit of the charges, covenants and other security interests provided for therein including, without limitation, (i) an assignment by way of first fixed security of the Current Issuer's right, title, interest and benefit in the Intercompany Loan Agreement, the Swap Agreements, the Funding Deed of Charge (as amended by the Deeds of Accession and the Current Deed of Accession), the Current Issuer Trust Deed, the Notes, the Current Issuer Paying Agent and Agent Bank Agreement, the Current Issuer Cash Management Agreement, the Current Issuer Corporate Services Agreement, the Current Issuer Bank Account Agreement, the Post-Enforcement Call Option Agreement, this Agreement, the Subscription Agreement and any other of the Legal Agreements to which the Current Issuer is a party; (ii) an assignment by way of first fixed charge over the Current Issuer Transaction Accounts; (iii) a first fixed charge (which may take effect as a floating charge) over the Current Issuer's right, title, interest and benefit to any Authorised Investments made with moneys standing to the credit of any of the Current Issuer Bank Accounts; and (iv) a first ranking floating charge over the whole of the assets and undertaking of the Current Issuer which are not otherwise effectively subject to any fixed charge or assignment by way of security;

Security for the Notes. The Notes and the obligations of the Current Issuer under the Current Issuer Trust Deed will be secured in the manner provided in the Current Issuer Deed of Charge and with the benefit of the charges, covenants and other security interests provided for therein including, without limitation, (i) an assignment by way of first fixed security of the Current Issuer's right, title, interest and benefit in the Intercompany Loan Agreement, the Swap Agreements, the Funding Deed of Charge (as amended by ICM:666130.2 the Deeds of Accession and the Current Deed of Accession), the Current Issuer Trust Deed, the Notes, the Current Issuer Paying Agent and Agent Bank Agreement, the Current Issuer Cash Management Agreement, the Current Issuer Corporate Services Agreement, the Current Issuer Bank Account Agreement, the Post-Post- Enforcement Call Option Agreement, this Agreement, the Subscription Agreement and any other of the Legal Agreements to which the Current Issuer is a party; (ii) an assignment by way of first fixed charge over the Current Issuer Transaction Accounts; (iii) a first fixed charge (which may take effect as a floating charge) over the Current Issuer's right, title, interest and benefit to any Authorised Investments made with moneys standing to the credit of any of the Current Issuer Bank Accounts; and (iv) a first ranking floating charge over the whole of the assets and undertaking of the Current Issuer which are not otherwise effectively subject to any fixed charge or assignment by way of security;

Security for the Notes. The Notes and the obligations of the Current Issuer under the Current Issuer Trust Deed will be secured in the manner provided in the Current Issuer Deed of Charge and with the benefit of the charges, covenants and other security interests provided for therein including, without limitation, (i) an assignment by way of first fixed security of the Current Issuer's right, title, interest and benefit in the Intercompany Loan Agreement, the Swap Agreements, the Funding Deed of Charge (as amended by ------------------------------------------------------------------------------ ------------------------------------------------------------------------------ the Deeds of Accession and the Current Deed of Accession), the Current Issuer Trust Deed, the Notes, the Current Issuer Paying Agent and Agent Bank Agreement, the Current Issuer Cash Management Agreement, the Current Issuer Corporate Services Agreement, the Current Issuer Bank Account Agreement, the Post-Enforcement Call Option Agreement, this Agreement, the Subscription Agreement and any other of the Legal Agreements to which the Current Issuer is a party; (ii) an assignment by way of first fixed charge over the Current Issuer Transaction Accounts; (iii) a first fixed charge (which may take effect as a floating charge) over the Current Issuer's right, title, interest and benefit to any Authorised Investments made with moneys standing to the credit of any of the Current Issuer Bank Accounts; and (iv) a first ranking floating charge over the whole of the assets and undertaking of the Current Issuer which are not otherwise effectively subject to any fixed charge or assignment by way of security;

Security for the Notes. The Notes and the obligations of the Current Issuer under the Current Issuer Trust Deed will be secured in the manner provided in the Current Issuer Deed of Charge and with the benefit of the charges, covenants and other security interests provided for therein including, without limitation, (i) an assignment by way of first fixed security of the Current Issuer's right, title, interest and benefit in the Intercompany Loan Agreement, the Swap Agreements, the Funding Deed of Charge (as amended by the Deeds of Accession and the Current Deed of Accession)Charge, the Current Issuer Trust Deed, the Notes, the Current Issuer Paying Agent and Agent Bank Agreement, the Current Issuer Cash Management Agreement, the Current Issuer Corporate Services Agreement, the Current Issuer Bank Account Agreement, the Post-Post- Enforcement Call Option Agreement, this Agreement and the Subscription Agreement, the Subscription Agreement and any other of the Legal Agreements to which the Current Issuer is a party; (ii) an assignment by way of first fixed charge over the Current Issuer Transaction AccountsBank Accounts (as defined in the Current Issuer Deed of Charge); (iii) a first fixed charge (which may take effect as a floating charge) over the Current Issuer's right, title, interest and benefit to any Authorised Investments made with moneys standing to the credit of any of the Current Issuer Bank Accounts; and (iv) a first ranking floating charge over the whole of the assets and undertaking of the Current Issuer which are not otherwise effectively subject to any fixed charge or assignment by way of security;

Security for the Notes. The Notes and the obligations of the Current Issuer under the Current Issuer Trust Deed will be secured in the manner provided in the Current Issuer Deed of Charge and with the benefit of the charges, covenants and other security interests provided for therein including, without limitation, (i) an assignment by way of first fixed security of the Current Issuer's right, title, interest and benefit in the Intercompany Loan Agreement, the Swap Agreements, the Funding Deed of Charge (as amended by the Deeds of Accession and the Current Deed of Accession), the Current Issuer Trust Deed, the Notes, the Current Issuer Paying Agent and Agent Bank Agreement, the Current Issuer Cash Management Agreement, the Current Issuer Corporate Services Agreement, the Current Issuer Bank Account Agreement, the Post-Enforcement Call Option Agreement, this Agreement, the Subscription Agreement and any other of the Legal Agreements to which the Current Issuer is a party; (ii) an assignment by way of first fixed charge over the Current Issuer Transaction Accounts; (iii) a first fixed charge (which may take effect as a floating charge) over the Current Issuer's right, title, interest and benefit to any Authorised Investments made with moneys standing to the credit of any of the Current Issuer Bank Accounts; and (iv) a first ranking floating charge over the whole of the assets and undertaking of the Current Issuer which are not otherwise effectively subject to any fixed charge or assignment by way of security;; ------------------------------------------------------------------------------ 16 ------------------------------------------------------------------------------