Common use of ASSIGNMENTS AND TRANSFER Clause in Contracts

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 2 contracts

Samples: Seventh Start Up Loan Agreement (Permanent Mortgages Trustee LTD), Seventh Start Up Loan Agreement (Permanent Mortgages Trustee LTD)

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ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Sixth Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 2 contracts

Samples: Sixth Start Up Loan Agreement (Permanent Financing (No. 6) PLC), Sixth Start Up Loan Agreement (Permanent Mortgages Trustee LTD)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Eighth Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 2 contracts

Samples: Eighth Start Up Loan Agreement (Permanent Mortgages Trustee LTD), Eighth Start Up Loan Agreement (Permanent Financing (No. 8) PLC)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2018-2 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2017-1 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2022-1 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2023-2 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 12.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 12.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Extraordinary Payment Holiday Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Extraordinary Payment Holiday Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2016-1 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Seventh Start Up Loan Agreement (Holmes Financing No 7 PLC)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Sixth Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Sixth Start Up Loan Agreement (Holmes Financing No 6 PLC)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2023-1 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2012-3 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Third Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Third Start Up Loan Agreement (Permanent Mortgages Trustee LTD)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Fourth Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Fourth Start Up Loan Agreement (Permanent Mortgages Trustee LTD)

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ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2007-1 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement (Holmes Master Issuer)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2012-4 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 2 (other than in respect of any assignment by way of security pursuant to the Funding 1 2 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 2 Deed of Charge, the Seventh Funding 2 Start-up Loan Provider and Funding 1 2 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Funding Agreement (Permanent Funding (No. 2) LTD)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Fifth Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Fifth Start Up Loan Agreement (Permanent Financing (No. 5) PLC)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2018-1 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2024-2 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Eighth Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Eighth Start Up Loan Agreement (Holmes Financing No 8 PLC)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Second Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Second Start Up Loan Agreement (Permanent Mortgages Trustee LTD)

ASSIGNMENTS AND TRANSFER. 11.1 Funding 1 (other than in respect of any assignment by way of security pursuant to the Funding 1 Deed of Charge) may not assign and/or transfer any of its rights and/or obligations under this Agreement. 11.2 If there is any change in the identity of the Security Trustee pursuant to the terms of the Funding 1 Deed of Charge, the Seventh Issue 2024-1 Start-up Loan Provider and Funding 1 shall execute such documents and take such actions as the new Security Trustee and the outgoing Security Trustee (as the case may be) may reasonably require for the purpose of vesting in the new Security Trustee the rights and obligations of the outgoing Security Trustee and releasing the outgoing Security Trustee (as the case may be) from its future obligations under this Agreement.

Appears in 1 contract

Samples: Start Up Loan Agreement

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