Common use of Execution of Power of Attorney Clause in Contracts

Execution of Power of Attorney. Immediately upon execution of this Deed, the Seventh Issuer shall execute and deliver to the Security Trustee a power of attorney in or substantially in the form set out in Schedule 1. For the avoidance of doubt, the Security Trustee confirms that it may only exercise the powers conferred under such power of attorney in the circumstances set out in paragraph 1 of Schedule 1.

Appears in 1 contract

Samples: Seventh Issuer Deed of Charge (Permanent Mortgages Trustee LTD)

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Execution of Power of Attorney. Immediately upon execution of this Deed, the Seventh Sixth Issuer shall execute and deliver to the Security Trustee a power of attorney in or substantially in the form set out in Schedule 1. For the avoidance of doubt, the Security Trustee confirms that it may only exercise the powers conferred under such power of attorney in the circumstances set out in paragraph 1 of Schedule 1.

Appears in 1 contract

Samples: Deed of Charge (Permanent Mortgages Trustee LTD)

Execution of Power of Attorney. Immediately upon execution of this Deed, the Seventh Sixth Issuer shall execute and deliver to the Sixth Issuer Security Trustee a the power of attorney in or substantially in the form set out in Schedule 1. For the avoidance of doubt, the Sixth Issuer Security Trustee confirms that it may only exercise the powers conferred under such the power of attorney in the circumstances set out in paragraph 1 of Schedule 1the power of attorney.

Appears in 1 contract

Samples: Sixth Issuer Deed of Charge (Holmes Financing No 6 PLC)

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Execution of Power of Attorney. Immediately upon execution of this Deed, the Seventh Issuer shall execute and deliver to the Seventh Issuer Security Trustee a the power of attorney in or substantially in the form set out in Schedule 1. For the avoidance of doubt, the Seventh Issuer Security Trustee confirms that it may only exercise the powers conferred under such the power of attorney in the circumstances set out in paragraph 1 of Schedule 1the power of attorney.

Appears in 1 contract

Samples: Deed of Charge (Holmes Financing No 7 PLC)

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