Common use of ENTRENCHED PROVISIONS Clause in Contracts

ENTRENCHED PROVISIONS. Each of Funding, the Issuer and the Security Trustee acknowledge and agree that Funding may from time to time enter into New Intercompany Loan Agreements subject to the provisions of Clause 2 (The Intercompany Loans) of these Intercompany Loan Terms and Conditions. If Funding intends to enter into a New Intercompany Loan Agreement then the provisions of these Intercompany Loan Terms and Conditions may be varied (with the consent of the parties to these Intercompany Loan Terms and Conditions) in the Intercompany Loan Confirmation to the extent necessary to reflect the terms of that New Intercompany Loan PROVIDED THAT no variation shall be made to any of the following terms without the prior written consent of the Funding Secured Creditors and the Rating Agencies: (a) the Payment Dates; (b) Clause 4 (Limited Recourse); (c) Clause 9 (Taxes); and (d) Clause 18.5 (Security Trustee).