Common use of Duties of the Class Z VFN Registrar Clause in Contracts

Duties of the Class Z VFN Registrar. The Class Z VFN Registrar shall: (a) maintain the Class Z VFN Register showing the amount of the Class Z VFN, the principal amount outstanding thereof and register all transfers of the Class Z VFN in accordance with the terms of the Conditions (subject to (a) the prior written consent of the Issuer and (for so long as any Class A Notes are outstanding) the Note Trustee having been obtained (the Note Trustee shall give its consent to such a transfer if the same has been sanctioned by an Extraordinary Resolution of the Class A Noteholder) and (b) such transferee has certified to, inter alios, the Class Z VFN Registrar that it is (A) a person falling within paragraph 3 of Schedule 2A to the Insolvency Xxx 0000, (B) independent of the Issuer within the meaning of regulation 2(1) of the Taxation of Securitisation Companies Regulations 2006 and (C) a Qualifying Noteholder by way of a Tax Certificate, this Agreement, the Deed of Charge and the Trust Deed; (b) maintain proper records of all such lists of the holder of the Class Z VFN as may be required by the Issuer, the Principal Paying Agent, the Note Trustee or any person authorised by any of them; (c) comply with the proper and reasonable requests of the Issuer with respect to the maintenance of the Class Z VFN Register and give to the Principal Paying Agent such information as may be reasonably required by it for the proper performance of its duties; (d) record whether a transferee of the Class Z VFN is a Qualifying Noteholder; and (e) upon and in accordance with instructions of the Issuer and/or the Note Trustee or the Security Trustee (as the case may be), arrange for the delivery of any notice which is to be given to the Class Z VFN Holders in accordance with Condition 15 (Notice to Noteholders).

Duties of the Class Z VFN Registrar. The Class Z VFN Registrar shall: (a) maintain the Class Z VFN Register showing the amount of the Class Z VFN, the principal amount outstanding thereof and register all transfers of the Class Z VFN in accordance with the terms of the Conditions (subject to (a) the prior written consent of the Issuer and (for so long as any Class A Notes are outstanding) the Note Trustee having been obtained (the Note Trustee shall give its consent to such a transfer if the same has been sanctioned by an Extraordinary Resolution of the Class A Noteholder) and (b) such transferee has certified to, inter alios, the Class Z VFN Registrar that it is (A) a person falling within paragraph 3 of Schedule 2A to the Insolvency Xxx 0000, (B) independent of the Issuer within the meaning of regulation 2(1) of the Taxation of Securitisation Companies Regulations 2006 and (C) a Qualifying Noteholder by way of a Tax Certificate, this Agreement, the Deed of Charge and the Trust Deed; (b) maintain proper records of all such lists of the holder of the Class Z VFN as may be required by the Issuer, the Principal Paying Agent, the Note Trustee or any person authorised by any of them; (c) comply with the proper and reasonable requests of the Issuer with respect to the maintenance of the Class Z VFN Register and give to the Principal Paying Agent such information as may be reasonably required by it for the proper performance of its duties; (d) record whether a transferee of the Class Z VFN is a Qualifying Noteholder; and; (e) upon and in accordance with instructions of the Issuer and/or the Note Trustee or the Security Trustee (as the case may be), arrange for the delivery of any notice which is to be given to the Class Z VFN Holders in accordance with Condition 15 (Notice to Noteholders); and (f) notify, as at the date of any request, the Principal Paying Agent and any other Paying Agents in writing of the total principal amount of all drawings under the Class Z VFN on and since the Closing Date less the aggregate amount of all principal payments in respect of such Class Z VFN which have been made since the Closing Date to the date of such request.

Duties of the Class Z VFN Registrar. The Class Z VFN Registrar shall: (a) maintain the Class Z VFN Register showing the amount of the Class Z VFN, the principal amount outstanding thereof and register all transfers of the Class Z VFN in accordance with the terms of the Conditions (subject to (a) the prior written consent of the Issuer and (( for so long as any Class A Notes are outstanding) the Note Trustee having been obtained (the Note Trustee shall give its consent to such a transfer if the same has been sanctioned by an Extraordinary Resolution of the Class A Noteholder) and (b) such transferee has certified to, inter alios, the Class Z VFN Registrar that it is (A) a person falling within paragraph 3 of Schedule 2A to the Insolvency Xxx 0000, (B) independent of the Issuer within the meaning of regulation 2(1) of the Taxation of Securitisation Companies Regulations 2006 and (C) a Qualifying Noteholder by way of a Tax Certificate, this Agreement, the Deed of Charge and the Trust Deed; (b) maintain proper records of all such lists of the holder of the Class Z VFN as may be required by the Issuer, the Principal Paying Agent, the Note Trustee or any person authorised by any of them; (c) comply with the proper and reasonable requests of the Issuer with respect to the maintenance of the Class Z VFN Register and give to the Principal Paying Agent such information as may be reasonably required by it for the proper performance of its duties; (d) record whether a transferee of the Class Z VFN is a Qualifying Noteholder; and (e) upon and in accordance with instructions of the Issuer and/or the Note Trustee or the Security Trustee (as the case may be), arrange for the delivery of any notice which w hic h is to be given to the Class Z VFN Holders in accordance with Condition 15 (Notice to Noteholders).