Common use of Appointment conditional upon issuance of Notes Clause in Contracts

Appointment conditional upon issuance of Notes. The appointment pursuant to Clause 2.1 is conditional upon the issue of Notes on the Initial Closing Date and shall take effect upon and from the Initial Closing Date automatically without any further action on the part of any person PROVIDED THAT if the first issue of Notes has not occurred by 30 October 2006, or such later date as the Master Issuer and the Lead Managers may agree, this Agreement shall cease to be of further effect.

Appears in 1 contract

Samples: Master Issuer Cash Management Agreement (Permanent Funding (No. 2) LTD)

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Appointment conditional upon issuance of Notes. The appointment pursuant to Clause 2.1 is was conditional upon the issue of Notes on the Initial Closing Date and shall take effect was effective upon and from the Initial Closing Date automatically without any further action on the part of any person PROVIDED THAT if the first issue of Notes has had not occurred by 30 October 2006, or such later date as the Master Issuer and the Lead Managers may agreehave agreed, this Agreement shall cease to be of further effect.

Appears in 1 contract

Samples: Master Issuer Cash Management Agreement (Permanent Funding (No. 2) LTD)

Appointment conditional upon issuance of Notes. The appointment pursuant to Clause 2.1 is conditional upon the issue of Notes on the Initial Closing Date and shall take effect upon and from the Initial Closing Date automatically without any further action on the part of any person PROVIDED THAT if the first an issue of Notes has not occurred by 30 October [*], 2006, or such later date as the Master Issuer and the Lead Managers may agree, this Agreement shall cease to be of further effect.

Appears in 1 contract

Samples: Issuer Cash Management Agreement (Permanent Funding (No. 2) LTD)

Appointment conditional upon issuance of Notes. The appointment pursuant to Clause 2.1 (Appointment) is conditional upon the issue of the Notes on the Initial Closing Date and shall take effect upon and from the Initial Closing Date automatically without any further action on the part of any person PROVIDED THAT person, provided that if the first issue of the Notes has not occurred by 30 8 October 20062018, or such later date as the Master Issuer Issuer, the Joint Lead Managers, the Note Trustee and the Lead Managers Security Trustee may agree, this Agreement shall cease to be of further effect.

Appears in 1 contract

Samples: Issuer Cash Management Agreement

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Appointment conditional upon issuance of Notes. The appointment pursuant to Clause 2.1 (Appointment) is conditional upon the issue of the Notes on the Initial Closing Date and shall take effect upon and from the Initial Closing Date automatically without any further action on the part of any person PROVIDED THAT person, provided that if the first issue of the Notes has not occurred by 30 9 October 20062017, or such later date as the Master Issuer Issuer, the Joint Lead Managers, the Note Trustee and the Lead Managers Security Trustee may agree, this Agreement shall cease to be of further effect.

Appears in 1 contract

Samples: Issuer Cash Management Agreement

Appointment conditional upon issuance of Notes. The appointment pursuant to Clause 2.1 is was conditional upon the issue of Notes on the Initial Closing Date and shall take effect was effective upon and from the Initial Closing Date automatically without any further action on the part of any person PROVIDED THAT if the first issue of Notes has had not occurred by 30 October 2006, or such later date as the Master Issuer and the Lead Managers may agreehave agreed, this Agreement shall cease would have ceased to be of further effect.

Appears in 1 contract

Samples: Master Issuer Cash Management Agreement (Permanent Funding (No. 2) LTD)

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