Common use of COVENANT OF COMPLIANCE Clause in Contracts

COVENANT OF COMPLIANCE. Each of the Issuer and the Guarantors severally covenants with the Trustee that it will comply with and perform and observe all the provisions of these presents which are expressed to be binding on it. The Conditions shall be binding on the Issuer, each Guarantor, the Noteholders and the Couponholders. The Trustee shall be entitled to enforce the obligations of the Issuer and each Guarantor under the Notes and the Coupons as if the same were set out and contained in this Trust Deed, which shall be read and construed as one document with the Notes and the Coupons. The Trustee shall hold the benefit of this covenant upon trust for itself and the Noteholders and the Couponholders according to its and their respective interests.

Appears in 3 contracts

Samples: www.motabilityoperations.co.uk, www.motabilityoperations.co.uk, www.motabilityoperations.co.uk

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COVENANT OF COMPLIANCE. Each of the Issuer and each of the Guarantors severally covenants with the Trustee that it will comply with and perform and observe all the provisions of these presents which are expressed to be binding on it. The Conditions shall be binding on the Issuer, each Guarantorthe Guarantors, the Noteholders and the CouponholdersCouponholders and all persons claiming through or under them respectively. The Trustee shall be entitled to enforce the obligations of the Issuer and each Guarantor the Guarantors under the Notes and the Coupons as if the same were set out and contained in this Trust Deedthe trust deeds constituting the same, which shall be read and construed as one document with the Notes and the Coupons. The Trustee shall will hold the benefit of this covenant upon trust for itself and the Noteholders and the Couponholders according to its and their respective interests.

Appears in 2 contracts

Samples: Luxottica Group Spa, Luxottica Group Spa

COVENANT OF COMPLIANCE. Each of the Issuer and the Guarantors severally covenants THE Issuers covenant with the Trustee that it they will comply with and perform and observe all the provisions of these presents which are expressed to be binding on itthem. The Conditions shall be binding on the Issuer, each GuarantorIssuers, the Noteholders Noteholders, the Receiptholders, the Couponholders and the CouponholdersTalonholders. The Trustee shall be entitled to enforce the obligations of the each Issuer and each Guarantor under the Notes Notes, the Receipts, the Coupons and the Coupons Talons as if the same were set out and contained in this Trust Deed, Deed which shall be read and construed as one document with the Notes Notes, the Receipts, the Coupons and the Coupons. The Trustee shall hold the benefit of this covenant upon trust for itself and the Noteholders and the Couponholders according to its and their respective interestsTalons.

Appears in 1 contract

Samples: Ibm Credit Corp

COVENANT OF COMPLIANCE. Each of the Issuer and the Guarantors severally covenants with the Trustee that it will comply with and perform and observe all the provisions of these presents which are expressed to be binding on it. The Conditions shall be binding on the Issuer, each Guarantorthe Guarantors (in respect of Senior Notes only), the Noteholders and the Couponholders. The Trustee shall be entitled to enforce the obligations of the Issuer and each Guarantor (in respect of Senior Notes only) the Guarantors under the Notes and the Coupons as if the same were set out and contained in this Trust Deed, which shall be read and construed as one document with the Notes and the Coupons. The Trustee shall hold the benefit of this covenant upon trust for itself and the Noteholders and the Couponholders according to its and their respective interests.

Appears in 1 contract

Samples: www.vanquisbankinggroup.com

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COVENANT OF COMPLIANCE. Each of the Issuer and the Guarantors Guarantor severally covenants with the Trustee that it will comply with and perform and observe all the provisions of these presents which are expressed to be binding on it. The Conditions shall be binding on the Issuer, each the Guarantor, the Noteholders and the Couponholders. The Trustee shall be entitled to enforce the obligations of the Issuer and each the Guarantor under the Notes and the Coupons as if the same were set out and contained in this Trust Deedthe trust deeds constituting the same, which shall be read and construed as one document with the Notes and the Coupons. The Trustee shall will hold the benefit of this covenant upon trust for itself and the Noteholders and the Couponholders according to its and their respective interests.

Appears in 1 contract

Samples: Pearson PLC

COVENANT OF COMPLIANCE. Each of the Issuer and the Guarantors severally covenants with the Trustee that it will comply with and perform and observe all the provisions of these presents which are expressed to be binding on it. The Conditions shall be binding on the Issuer, each Guarantorthe Guarantors, the Noteholders and the Couponholders. The Trustee shall be entitled to enforce the obligations of the Issuer and each Guarantor the Guarantors under the Notes and the Coupons as if the same were set out and contained in this Trust Deed, which shall be read and construed as one document with the Notes and the Coupons. The Trustee shall will hold the benefit of this covenant upon trust for itself and the Noteholders and the Couponholders according to its and their respective interests.

Appears in 1 contract

Samples: Trust (Caesars Entertainment, Inc.)

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