Common use of DEED OF CHARGE Clause in Contracts

DEED OF CHARGE. The Funding 1 Deed of Charge creates, or will create when the Funding 1 Liquidity Facility Stand-by Account is opened and the Funding 1 Liquidity Facility Stand-By Deposit is credited to such account, a first priority Security Interest of the type described in the Funding 1 Deed of Charge over the Funding 1 Liquidity Facility Stand-by Deposit in favour of the Security Trustee. For the avoidance of doubt, a breach by Funding 1 of any representation or warranty contained in this Clause 14.1 or otherwise in this Agreement shall not entitle the Funding 1 Liquidity Facility Provider to terminate this Agreement or declare the Funding 1 Liquidity Drawing or the Funding 1 Liquidity Facility Stand-by Drawing or any other amounts payable under this Agreement due and payable or to prevent any utilisation of the Funding 1 Liquidity Facility or the Standby-by Facility or any Funding 1 Liquidity Facility Loan being made.

DEED OF CHARGE. The Funding 1 Deed of Charge creates, or will create when the Funding 1 Liquidity Facility Stand-by Account is opened and the Funding 1 Liquidity Facility Stand-By Deposit is credited to such account, a first priority Security Interest of the type described in the Funding 1 Deed of Charge over the Funding 1 Liquidity Facility Stand-by Deposit in favour of the Security Trustee. For the avoidance of doubt, a breach by Funding 1 of any representation or warranty contained in this Clause CLAUSE 14.1 or otherwise in this Agreement shall not entitle the Funding 1 Liquidity Facility Provider to terminate this Agreement or declare the Funding 1 Liquidity Drawing Facility Loans or the Funding 1 Liquidity Facility Stand-by Drawing Loans or any other amounts payable under this Agreement due and payable or to prevent any utilisation of the Funding 1 Liquidity Facility or the StandbyStand-by Facility or any Funding 1 Liquidity Facility Loan or Funding 1 Liquidity Facility Stand-by Loan being made.

DEED OF CHARGE. The Funding 1 Deed of Charge creates, or will create when the Funding 1 Liquidity Facility Stand-by Account is opened and the Funding 1 Liquidity Facility Stand-By Deposit is credited to such account, a first priority Security Interest of the type described in the Funding 1 Deed of Charge over the Funding 1 Liquidity Facility Stand-by Deposit in favour of the Security Trustee. For the avoidance of doubt, a breach by Funding 1 of any representation or warranty contained in this Clause CLAUSE 14.1 or otherwise in this Agreement shall not entitle the Funding 1 Liquidity Facility Provider to terminate this Agreement or declare the Funding 1 Liquidity Drawing or the Funding 1 Liquidity Facility Stand-by Drawing or any other amounts payable under this Agreement due and payable or to prevent any utilisation of the Funding 1 Liquidity Facility or the Standby-by Facility or any Funding 1 Liquidity Facility Loan being made.

DEED OF CHARGE. The Funding 1 Deed of Charge creates, or will create when the Funding 1 Liquidity Facility Stand-by Account is opened and the Funding 1 Liquidity Facility Stand-By Deposit is credited to such account, a first priority Security Interest of the type described in the Funding 1 Deed of Charge over the Funding 1 Liquidity Facility Stand-by Deposit in favour of the Security Trustee. For the avoidance of doubt, a breach by Funding 1 of any representation or warranty contained in this Clause CLAUSE 14.1 or otherwise in this Agreement shall not entitle the Funding 1 Liquidity Facility Provider to terminate this Agreement or declare the Funding 1 Liquidity Drawing Facility Loans or the Funding 1 Liquidity Facility Stand-by Drawing Loans or any other amounts payable under this Agreement due and payable or to prevent any utilisation of the Funding 1 Liquidity Facility or the StandbyStand-by Facility or any Funding 1 Liquidity Facility Loan being made.