Common use of Alternative Payment Arrangements Clause in Contracts

Alternative Payment Arrangements. If, at any time, it shall become impracticable (by reason of any action of any governmental authority or any change in law, exchange control regulations or any similar event) for Funding to make any payments under an Intercompany Loan Agreement in the manner specified in Clause 16.1 (Payment), then Funding shall make such alternative arrangements for the payment direct to the relevant Issuer of amounts due under such Intercompany Loan Agreement as are acceptable to the Security Trustee.

Alternative Payment Arrangements. If, at any time, it shall become impracticable (by reason of any action of any governmental authority or any change in law, exchange control regulations or any similar event) for Funding 2 to make any payments under an Intercompany Loan this Agreement in the manner specified in Clause 16.1 (Payment)CLAUSE 17.1, then Funding 2 shall make such alternative arrangements for the payment direct to the relevant Master Issuer of amounts due under such Intercompany Loan this Agreement as are acceptable to the Funding 2 Security Trustee.

Alternative Payment Arrangements. If, at any time, it shall become impracticable (by reason of any action of any governmental authority or any change in law, exchange control regulations or any similar event) for Funding to make any payments under an the Intercompany Loan Agreement in the manner specified in Clause 16.1 (Payment), then Funding shall make such alternative arrangements for the payment direct to the relevant Issuer of amounts due under such the Intercompany Loan Agreement as are acceptable to the Security TrusteeTrustee (acting reasonably).

Alternative Payment Arrangements. If, at any time, it shall become impracticable (by reason of any action of any governmental authority or any change in law, exchange control regulations or any similar event) for Funding 1 to make any payments under an the Intercompany Loan Agreement in the manner specified in Clause 16.1 (Payment), then Funding 1 shall make such alternative arrangements for the payment direct to the relevant Issuer of amounts due under such the Intercompany Loan Agreement as are acceptable to the Security TrusteeTrustee (acting reasonably).