Common use of Agents to Act for Trustee Clause in Contracts

Agents to Act for Trustee. At any time after any Relevant Event (as defined in Condition 13.1), Potential Event of Default or Event of Default shall have occurred, the Trustee may by notice to the Issuer and the Agents (or such of them as are specified by the Trustee), require each Agent to: 7.6.1 act thereafter, until otherwise instructed by the Trustee, as the agents of the Trustee in relation to payments and calculations to be made by or on behalf of the Trustee under the Trust Deed (save that the Trustee’s liability for the indemnification of any of the Agents shall be limited to the amounts for the time being held by the Trustee on the trusts of the Trust Deed and available to the Trustee for such purpose) and thereafter to hold all Notes and all sums, documents and records held by them in respect of the Notes on behalf of the Trustee; and/or 7.6.2 deliver up all Notes and Coupons and all sums, documents and records held by them in respect of the Notes and Coupons to the Trustee or as the Trustee shall direct in such notice provided, however, that such notice shall not be deemed to apply to any document or record which any Agent is obliged not to release by any law or regulation.

Agents to Act for Trustee. At If any time after any Relevant Event (as defined in Condition 13.1), of Default or Potential Event of Default or Event of Default shall have occurredoccurs, the Trustee may Agents shall, if so required by notice given by the Trustee to the Issuer and the Agents (or such of them as are specified by the Trustee), require each Agent to:): 7.6.1 7.7.1 act thereafter, until otherwise instructed by the Trustee, as the agents of the Trustee in relation to payments and calculations to be made by or on behalf of the Trustee under the Trust Deed (save that the Trustee’s 's liability for the indemnification of any of the Agents shall be limited to the amounts for the time being held by the Trustee on the trusts of the Trust Deed and available to the Trustee for such purpose) and thereafter to hold all Notes Note Certificates and all sums, documents and records held by them in respect of the Notes on behalf of the Trustee; and/or 7.6.2 7.7.2 deliver up all Notes and Coupons Note Certificates and all sums, documents and records held by them in respect of the Notes and Coupons to the Trustee or as the Trustee shall direct in such notice notice; provided, however, that such notice shall not be deemed to apply to any document or record which any Agent is obliged not to release by any law or regulation.

Agents to Act for Trustee. At any time after any Event of Default or Relevant Event (as defined in Condition 13.1), Potential Event of Default or Event of Default the Principal Trust Deed) shall have occurred, occurred in relation to a particular Series the Trustee may by notice to the Issuer and the Agents (or such of them as are specified by the Trustee), require each Agent to: 7.6.1 8.5.1 act thereafter, until otherwise instructed by the Trustee, as the agents of the Trustee in relation to payments and calculations to be made by or on behalf of the Trustee under the Trust Deed mutatis mutandis on the terms of this Agency Agreement (save that the Trustee’s liability for the indemnification indemnification, remuneration and payment of out-of-pocket expenses of any of the Agents shall be limited to the amounts for the time being held by the Trustee on the trusts of the Trust Deed and available to the Trustee for such purpose) and thereafter to hold all Global Notes and Definitive Notes (if any) of such Series and all sums, documents and records held by them in respect of the Notes on behalf of the Trustee; and/or 7.6.2 8.5.2 deliver up all Global Notes and Coupons Definitive Notes (if any) of such Series and all sums, documents and records held by them in respect of the Notes and Coupons of such Series to the Trustee or as the Trustee shall direct in such notice provided, however, notice; provided that such notice shall not be deemed to apply to any document documents or record records which any Agent is obliged not to release by any law or regulation.

Agents to Act for Trustee. At any time after any Event of Default or Relevant Event (as defined in Condition 13.1), Potential Event of Default or Event of Default the Principal Trust Deed) shall have occurred, occurred in relation to a particular Series the Trustee may by notice to the Issuer and the Agents (or such of them as are specified by the Trustee), require each Agent to: 7.6.1 8.5.1 act thereafter, until otherwise instructed by the Trustee, as the agents of the Trustee in relation to payments and calculations to be made by or on behalf of the Trustee under the Trust Deed mutatis mutandis on the terms of this Agreement (save that the Trustee’s liability for the indemnification indemnification, remuneration and payment of out-of-pocket expenses of any of the Agents shall be limited to the amounts for the time being held by the Trustee on the trusts of the Trust Deed and available to the Trustee for such purpose) and thereafter to hold all Global Notes and Definitive Notes (if any) of such Series and all sums, documents and records held by them in respect of the Notes on behalf of the Trustee; and/or 7.6.2 8.5.2 deliver up all Global Notes and Coupons Definitive Notes (if any) of such Series and all sums, documents and records held by them in respect of the Notes and Coupons of such Series to the Trustee or as the Trustee shall direct in such notice provided, however, notice; provided that such notice shall not be deemed to apply to any document documents or record records which any Agent is obliged not to release by any law or regulation.

Agents to Act for Trustee. At The Agents shall, on demand in writing by the Trustee made at any time after any Relevant an Event (as defined in Condition 13.1)of Default, a Potential Event of Default or Event a Change of Default shall have occurred, Control has occurred and until notified in writing by the Trustee may by notice to the Issuer and the Agents (or such of them contrary, so far as are specified permitted by the Trustee), require each Agent toApplicable Law: 7.6.1 4.1.1 act thereafter, until otherwise instructed by the Trustee, as the agents of the Trustee in relation to payments and calculations to be made by or on behalf Agents of the Trustee under the Trust Deed and the Notes on the terms of this Agreement (save with consequential amendments as necessary and except that the Trustee’s liability under this Agreement for the indemnification of any indemnification, remuneration and expenses of the Agents shall will be limited to the amounts for the time being held by the Trustee in respect of the Notes on the trusts terms of the Trust Deed and available to the Trustee for such purposeDeed) and thereafter to hold all Global Notes or Definitive Notes and all sumsmoneys, documents and records held by them in respect of Notes to the order of the Trustee; or 4.1.2 deliver all Global Notes or Definitive Notes and all moneys, documents and records held by them in respect of the Notes on behalf of the Trustee; and/or 7.6.2 deliver up all Notes and Coupons and all sums, documents and records held by them in respect of the Notes and Coupons to the Trustee or as the Trustee shall direct directs in such notice providednotice, however, provided that such notice shall not be deemed not to apply to any document documents or record records which any the relevant Agent is obliged not so to release by any law or regulationregulations.