Common use of APPOINTMENT OF THE ASSET MONITOR Clause in Contracts

APPOINTMENT OF THE ASSET MONITOR. 2.1 The CBC hereby instructs (verleent opdracht aan) the Asset Monitor to provide the services set out in Clause 3 of this Agreement and to comply with any reasonable directions which the CBC or the Security Trustee may from time to time give in connection therewith, provided that such directions are not contrary to the professional rules and regulations and codes of conduct applicable to the Asset Monitor, which instruction the Asset Monitor hereby accepts, and to which instruction the Security Trustee hereby consents, all subject to and in accordance with the terms of this Agreement, provided that in case of a conflict between directions from the CBC and the Security Trustee, the directions of the Security Trustee shall prevail.

APPOINTMENT OF THE ASSET MONITOR. 2.1 The CBC CBC, also on behalf of the Issuer, hereby instructs (verleent opdracht aan) the Asset Monitor to provide the services set out in Clause 3 of this Agreement and to comply with any reasonable directions which the CBC or the Security Trustee may from time to time give in connection therewith, provided that such directions are not contrary to the professional rules and regulations and codes of conduct applicable to the Asset Monitor, which instruction the Asset Monitor hereby accepts, and to which instruction the Security Trustee hereby consents, all subject to and in accordance with the terms of this Agreement, provided that in case of a conflict between directions from the CBC and the Security Trustee, the directions of the Security Trustee shall prevail.

APPOINTMENT OF THE ASSET MONITOR. 2.1 The CBC CBC, also on behalf of the Issuer, hereby instructs (verleent opdracht aan) the Asset Monitor to provide the services set out in Clause 3 of this Agreement and to comply with any reasonable directions which the CBC or the Security Trustee may from time to time give in connection therewith, therewith provided that such directions are not contrary to the professional rules and regulations and codes of conduct applicable to the Asset Monitor, which instruction the Asset Monitor hereby accepts, and to which instruction the Security Trustee hereby consents, all subject to and in accordance with the terms of this Agreement, Agreement provided that in case of a conflict between directions from the CBC and the Security Trustee, the directions of the Security Trustee shall prevail.