Common use of Destruction Clause in Contracts

Destruction. The Registrar may destroy each Note Certificate which has been cancelled and delivered to it in accordance with the terms of this Agreement, in which case it shall promptly furnish the Current Issuer and the Note Trustee, on request, a certificate as to such destruction, specifying the reason for such destruction and the serial numbers of the relevant Note Certificate.

Appears in 8 contracts

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-1 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-2 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 03-3 PLC)

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Destruction. The Registrar may destroy each Note Certificate which has been cancelled and delivered to or cancelled by it in accordance with the terms of this AgreementClause 9.2, in which case it shall promptly furnish the Current Issuer and the Note Trustee, on request, Trustee with a certificate as to such destruction, destruction and specifying the reason for such destruction and the certificate or serial numbers of the relevant Note CertificateCertificates so destroyed.

Appears in 8 contracts

Samples: Agreement (Barclaycard Funding PLC), Agreement (Gracechurch Receivables Trustee LTD), Agreement (Gracechurch Receivables Trustee LTD)

Destruction. The Registrar may destroy each Definitive Note Certificate which has been cancelled and delivered to or cancelled by it in accordance with the terms of this AgreementClause 7.1(b), in which case it shall promptly furnish the Current Master Issuer, the Master Issuer Security Trustee and the Note Trustee, on request, with a certificate as to such destruction, specifying the reason for such destruction and the certificate or serial numbers of the relevant Note CertificateDefinitive Note.

Appears in 4 contracts

Samples: Master Issuer Paying Agent and Agent Bank Agreement, Master Issuerpaying Agent and Agent Bank Agreement, Master Issuer Paying Agent and Agent Bank Agreement (Holmes Funding LTD)

Destruction. The Registrar may destroy each Note Certificate which has been cancelled and delivered to it in accordance with the terms of this Agreement, in which case it shall promptly furnish the Current Master Issuer and the Note Trustee, on request, a certificate as to such destruction, specifying the reason for such destruction and the serial numbers of the relevant Note Certificate.

Appears in 3 contracts

Samples: Calculation Agency Agreement (Granite Finance Trustees LTD), Calculation Agency Agreement (Granite Finance Trustees LTD), Agreement (Granite Finance Funding 2 LTD)

Destruction. The Registrar may destroy each Note Certificate which has been cancelled and delivered to it in accordance with the terms of this Agreement, in which case it shall promptly furnish the Current Issuer and the Note Trustee, on request, a certificate as to such destruction, specifying the reason for such destruction and the serial numbers of the relevant Note CertificateNote.

Appears in 3 contracts

Samples: investorreporting.paragonbankinggroup.co.uk, investorreporting.paragonbankinggroup.co.uk, Agency Agreement

Destruction. The Registrar may destroy each Note and Residual Certificate which has been cancelled and delivered to it in accordance with the terms of this Agreement, in which case it shall promptly furnish the Current Issuer and the Note Trustee, on request, a certificate as to such destruction, specifying the reason for such destruction and the serial numbers of the relevant Note and/or Residual Certificate.

Appears in 3 contracts

Samples: Trustee Agency Agreement, Agency Agreement, investorreporting.paragonbankinggroup.co.uk

Destruction. The Registrar may destroy each Note Certificate which has been cancelled and delivered to or cancelled by it in accordance with the terms Clause 10.2 (Extent of this AgreementDuties), in which case it shall promptly furnish the Current Issuer and the Note Trustee, on request, Trustee with a certificate as to such destruction, destruction and specifying the reason for such destruction and the certificate or serial numbers of the relevant Note CertificateCertificates so destroyed.

Appears in 1 contract

Samples: Agency Agreement (Arran Funding LTD)

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Destruction. The Each Registrar may destroy each Note Certificate which has been cancelled and delivered to or cancelled by it in accordance with the terms Clause 10.2 (Extent of this Agreementduties), in which case it shall promptly furnish the Current Issuer and the Note Trustee, on request, Trustee with a certificate as to such destruction, destruction and specifying the reason for such destruction and the certificate or serial numbers of the relevant Note CertificateCertificates so destroyed.

Appears in 1 contract

Samples: Agreement (Turquoise Receivables Trustee LTD)

Destruction. The Registrar may destroy each Note Certificate which has been cancelled and delivered to by it in accordance with the terms of this AgreementClause 6.3 (Cancellation and destruction), in which case it shall promptly upon request furnish the Current Issuer and the Note Trustee, on request, Trustee with a certificate as to such destruction, destruction and specifying the reason for such destruction and the certificate or the serial numbers of the relevant Note CertificateCertificates so destroyed.

Appears in 1 contract

Samples: www.newday.co.uk

Destruction. The Each Registrar may destroy each Note Certificate which has been cancelled and delivered to or cancelled by it in accordance with the terms Clause 15.2 (Extent of this Agreementduties), in which case it shall promptly furnish the Current Issuer and the Note Trustee, on request, Trustee with a certificate as to such destruction, destruction and specifying the reason for such destruction and the certificate or serial numbers of the relevant Note CertificateCertificates so destroyed.

Appears in 1 contract

Samples: Paying Agency

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