COVENANTS BY THE RECEIVABLES TRUSTEE. (a) Save as provided for or as contemplated in this Deed and the Receivables Trust constituted hereby, the Receivables Trustee hereby covenants in favour of the Beneficiaries in its capacity as Receivables Trustee and also in its capacity as purchaser of the Receivables pursuant to the RSA that it shall not, without the prior written consent of each of the Beneficiaries:
COVENANTS BY THE RECEIVABLES TRUSTEE. (a) Save as provided for or as contemplated in this Deed and the Receivables Trust constituted hereby, the Receivables Trustee hereby covenants in favour of the Beneficiaries in its capacity as Receivables Trustee, and also in its capacity as assignee of the Receivables pursuant to any agreement formed upon acceptance of an Offer made under the Receivables Securitisation Deed, that it shall not, without the prior written consent of each of the Beneficiaries:
COVENANTS BY THE RECEIVABLES TRUSTEE. Each existing Investor Beneficiary hereby agrees in respect of the giving of its consent in the circumstances described in Clause 7.13(a) of the RTDTCMA, that if any Transferor Beneficiary provides a request in writing to the Investor Beneficiary then the Investor Beneficiary will give its consent in accordance with that request.
COVENANTS BY THE RECEIVABLES TRUSTEE. Each existing Investor Beneficiary hereby agrees that in respect of the giving of its consent in the circumstances described in Clause 7.13(a) of the RTDSA other than in respect of Permitted Activities, that it will give its consent in accordance with the direction of the Transferor Beneficiary PROVIDED THAT it will not be obliged to give its consent if the proposed circumstance is a result of a Material Adverse Effect resulting from the nature or status of the Receivables Trustee or the Receivables Trust.
