Common use of Charges and Security Interests Clause in Contracts

Charges and Security Interests. (i) The Master Issuer will procure that each of the charges and other security interests created by or contained in the Issuer Deed of Accession is registered within all applicable time limits in all appropriate registers; and (ii) Funding 2 will procure that each of the charges and other security interests created by or contained in the Funding 2 Deed of Charge is registered within all applicable time limits in all appropriate registers.

Charges and Security Interests. (i) The Master Issuer will procure that each of the charges and other security interests created by or contained in the Issuer Deed of Accession is registered within all applicable time limits in all appropriate registers; and (ii) Funding 2 1 will procure that each of the charges and other security interests created by or contained in the Funding 2 1 Deed of Charge is registered within all applicable time limits in all appropriate registers.