Common use of COVENANT OF COMPLIANCE Clause in Contracts

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

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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

Appears in 1 contract

Samples: Agency Agreement

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COVENANT OF COMPLIANCE. The Issuer covenants with the Trustee that it will comply with and perform and observe all the provisions of this Trust Deed and the Conditions these presents which are expressed to be binding on it. The Conditions shall be binding on the Issuer Issuer, the Noteholders and the NoteholdersCouponholders. The Trustee shall be entitled to enforce the obligations of the Issuer under the Notes and the Coupons as if the same were set out and contained in the trust deeds constituting the samethis Trust Deed, which shall be read and construed as one document with the NotesNotes and the Coupons. The Trustee will 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.centrica.com

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