Common use of Security for the Notes Clause in Contracts

Security for the Notes. The Notes and the obligations of the Master Issuer under the Supplemental Issuer Trust Deed will be secured in the manner provided in the Issuer Deed of Charge (as amended by the Issuer Deed of Accession) 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 Master Issuer's rights and claims in respect of all security and other rights held on trust by the Funding 2 Security Trustee pursuant to the Funding 2 Deed of Charge, (ii) an assignment by way of first fixed security of the Master Issuer's right, title, interest and benefit in the Global Intercompany Loan Agreement, the Currency Swap Agreements, the Funding 2 Deed of Charge, the Supplemental Issuer Trust Deed, the Notes, the Issuer Paying Agent and Agent Bank Agreement, the Issuer Cash Management Agreement, the Corporate Services Agreement, the Issuer Bank Account Agreement, the Post-Enforcement Call Option Agreement, this Agreement, the Programme Agreement, the Subscription Agreement and any other agreements to which the Master Issuer is a party; (iii) an assignment by way of first fixed charge over the Issuer Bank Accounts; (iv) a first fixed charge (which may take effect as a floating charge) over the Master Issuer's right, title, interest and benefit to any Authorized Investments made with moneys standing to the credit of any of the Issuer Bank Accounts; and (v) a first ranking floating charge over the whole of the assets and undertaking of the Master 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 Master Issuer under the Supplemental Issuer Trust Deed will be secured in the manner provided in the Issuer Deed of Charge (as amended by the Issuer Deed of Accession) 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 Master Issuer's rights and claims in respect of all security and other rights held on trust by the Funding 2 Security Trustee pursuant to the Funding 2 Deed of Charge, (ii) an assignment by way of first fixed security of the Master Issuer's right, title, interest and benefit in the Global Intercompany Loan Agreement, the Currency Swap Agreements, the Funding 2 Deed of Charge, the Supplemental Issuer Trust Deed, the Notes, the Issuer Paying Agent and Agent Bank Agreement, the Issuer Cash Management Agreement, the Issuer Corporate Services Agreement, the Issuer Bank Account Agreement, the Post-Enforcement Call Option Agreement, this Agreement, the Programme Agreement, the Subscription Agreement and any other agreements to which the Master Issuer is a party; (iii) an assignment by way of first fixed charge over the Issuer Bank Accounts; (iv) a first fixed charge (which may take effect as a floating charge) over the Master Issuer's right, title, interest and benefit to any Authorized Investments made with moneys standing to the credit of any of the Issuer Bank Accounts; and (v) a first ranking floating charge over the whole of the assets and undertaking of the Master Issuer which are not otherwise effectively subject to any fixed charge or assignment by way of security.; -------------------------------------------------------------------------------