Common use of ENTITLEMENT TO NOMINATE Clause in Contracts

ENTITLEMENT TO NOMINATE. Prior to the service of a Fourth Issuer Note Acceleration Notice and for so long as this Agreement remains in force: (a) Halifax is entitled to, and shall, nominate one person willing to serve in the capacity of director of the Fourth Issuer (and, in each case, Halifax has nominated David Balai as its first nominee in such capacity); (x) the Fourth Issuer Corporate Services Provider is entitled to, and shall, nominate two persons willing to serve in the capacity of director of the Fourth Issuer (and, in each case, has nominated SFM Directors Limited (registered number 3920254) and SFM Directors (No.

Appears in 1 contract

Samples: Corporate Services Agreement (Permanent Mortgages Trustee LTD)

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ENTITLEMENT TO NOMINATE. Prior to the service of a Fourth Master Issuer Note Acceleration Notice and for so long as this Agreement remains in force: (a) Halifax is entitled to, and shall, nominate one person willing to serve in the capacity of director of the Fourth Master Issuer (and, in each case, Halifax has nominated David Balai as its first nominee in such capacity); (x) the Fourth Master Issuer Corporate Services Provider is entitled to, and shall, nominate two persons willing to serve in the capacity of director of the Fourth Master Issuer (and, in each case, has nominated SFM Directors Limited (registered number 3920254) and SFM Directors (No.

Appears in 1 contract

Samples: Master Issuer Corporate Services Agreement (Permanent Funding (No. 2) LTD)

ENTITLEMENT TO NOMINATE. Prior to the service of a Fourth Third Issuer Note Acceleration Notice and for so long as this Agreement remains in force: (a) Halifax is entitled to, and shall, nominate one person willing to serve in the capacity of director of the Fourth Third Issuer (and, in each case, Halifax has nominated David Balai as its first nominee in such capacity); (x) the Fourth Third Issuer Corporate Services Provider is entitled to, and shall, nominate two persons willing to serve in the capacity of director of the Fourth Third Issuer (and, in each case, has nominated SFM Directors Limited (registered number 3920254) and SFM Directors (No.

Appears in 1 contract

Samples: Corporate Services Agreement (Permanent Mortgages Trustee LTD)

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ENTITLEMENT TO NOMINATE. Prior to the service of a Fourth Seventh Issuer Note Acceleration Notice and for so long as this Agreement remains in force: (a) Halifax is entitled to, and shall, nominate one person willing to serve in the capacity of director of the Fourth Seventh Issuer (and, in each case, Halifax has nominated David Balai as its first nominee in such capacity); (x) the Fourth xxx Seventh Issuer Corporate Services Provider is entitled to, and shall, nominate two persons willing to serve in the capacity of director of the Fourth Seventh Issuer (and, in each case, has nominated SFM Directors Limited (registered number 3920254) and SFM Directors (No.

Appears in 1 contract

Samples: Corporate Services Agreement (Permanent Mortgages Trustee LTD)

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