Common use of Consequences of an Intercompany Loan Acceleration Notice Clause in Contracts

Consequences of an Intercompany Loan Acceleration Notice. (a) Notwithstanding anything contained herein, the Mortgages Trustee Account Bank acknowledges and agrees that, if it receives notice in writing from the Funding 1 Security Trustee to the effect that an Intercompany Loan Acceleration Notice has been served and the Funding 1 Security is being enforced, or notice in writing from a Further Funding Security Trustee of an analogous event in relation to a Further Funding Company, it shall comply with the directions of the relevant Funding Security Trustee.

Consequences of an Intercompany Loan Acceleration Notice. (a) Notwithstanding anything contained herein, herein the Mortgages Trustee Funding 1 Account Bank acknowledges and agrees that, if it receives notice in writing from the Funding 1 Security Trustee to the effect that an Intercompany Loan Acceleration Notice has been served and it shall, if requested by the Funding 1 Security is being enforcedTrustee, or notice in writing from a Further Funding Security Trustee of an analogous event in relation to a Further Funding Company, it shall comply with the directions of the relevant Funding 1 Security Trustee.

Consequences of an Intercompany Loan Acceleration Notice. (a) Notwithstanding anything contained herein, the Mortgages Trustee herein each Funding 1 Account Bank acknowledges and agrees that, if it receives notice in writing from the Funding 1 Security Trustee to the effect that an Intercompany Loan Acceleration Notice has been served and it shall, if requested by the Funding 1 Security is being enforcedTrustee, or notice in writing from a Further Funding Security Trustee of an analogous event in relation to a Further Funding Company, it shall comply with the directions of the relevant Funding 1 Security Trustee.

Consequences of an Intercompany Loan Acceleration Notice. (a) Notwithstanding anything contained herein, herein the Mortgages Trustee Account Bank acknowledges and agrees that, if it receives notice in writing from the Funding 1 Security Trustee to the effect that an Intercompany Loan Acceleration Notice has been served and the Funding 1 Security is being enforced, enforced or notice in writing from a Further Funding Security Trustee of an analogous event in relation to a Further Funding Company, Company it shall comply with the directions of the relevant Funding Security Trustee.