Common use of Current Issuer Post-Enforcement Priority of Payments Clause in Contracts

Current Issuer Post-Enforcement Priority of Payments. At any time after the security created by this Current Issuer Deed of Charge has become enforceable in accordance with Clause 7.2 (Enforceable) and provided that the relevant Current Issuer Note Event of Default has not been waived in accordance with the provisions of this Current Issuer Deed of Charge, Current Issuer Available Revenue Receipts, Current Issuer Available Principal Receipts and all other monies (excluding Swap Collateral Excluded Amounts) paid to or received or recovered by or on behalf of the Current Issuer or the Note Trustee or any Receiver appointed on its behalf, including all proceeds following any sale, realisation or enforcement of the security created under this Current Issuer Deed of Charge and all amounts (excluding Swap Collateral Excluded Amounts) not previously distributed and/or standing to the credit of any Current Issuer Bank Account and Swap Collateral Account shall (if not already received by the Note Trustee) be paid to and held by the Note Trustee on trust to apply the same (save to the extent otherwise required by applicable law) in accordance with the order of priority of the Current Issuer Post-Enforcement Priority of Payments (as the same may be amended or varied from time to time) as set out on the date hereof in Schedule 2 (Current Issuer Post-Enforcement Priority of Payments) to this Current Issuer Deed of Charge.

Current Issuer Post-Enforcement Priority of Payments. At any time after the security created by this Current Issuer Deed of Charge has become enforceable in accordance with Clause 7.2 (Enforceable) and provided that the relevant Current Issuer Note Event of Default has not been waived in accordance with the provisions of this Current Issuer Deed of Charge, Current Issuer Available Revenue Receipts, Current Issuer Available Principal Receipts and all other monies (excluding Swap Collateral Excluded Amounts) paid to or received or recovered by or on behalf of the Current Issuer or the Note Trustee or any Receiver appointed on its behalf, including all proceeds following any sale, realisation or enforcement of the security created under this Current Issuer Deed of Charge and all amounts (excluding Swap Collateral Excluded Amounts) not previously distributed and/or standing to the credit of any Current Issuer Bank Account and Swap Collateral Account shall (if not already received by the Note Trustee) be paid to and held by the Note Trustee on trust to apply the same (save to the extent otherwise required by applicable law) in accordance with the order of priority of the Current Issuer Post-Post- Enforcement Priority of Payments (as the same may be amended or varied from time to time) as set out on the date hereof in Schedule 2 (Current Issuer Post-Enforcement Priority of Payments) to this Current Issuer Deed of Charge.