Common use of Compromise Clause in Contracts

Compromise. A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of Funding 2 or relating in any way to any Funding 2 Charged Property, provided that, any such claim has priority to or ranks pari passu with this Deed.

Appears in 4 contracts

Samples: Custody Agreement, www.lloydsbankinggroup.com, Permanent Funding (No. 2) LTD

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Compromise. A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of Funding 2 1 or relating in any way to any Funding 2 1 Charged Property, provided that, any such claim has priority to or ranks pari passu with this Deed.

Appears in 4 contracts

Samples: www.santander.co.uk, www.santander.co.uk, www.santander.co.uk

Compromise. A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of Funding 2 the Master Issuer or relating in any way to any Funding 2 Master Issuer Charged Property, provided that, any such claim has priority to or ranks pari passu with this Deed.

Appears in 4 contracts

Samples: Holmes Funding LTD, Holmes Funding LTD, Holmes Master Issuer

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Compromise. A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of Funding 2 the Issuer or relating in any way to any Funding 2 Issuer Charged Property, provided that, any such claim has priority to or ranks pari passu with this Deed.

Appears in 3 contracts

Samples: www.santander.co.uk, www.santander.co.uk, www.santander.co.uk

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