Common use of Exercise of Rights by Transferor Beneficiary Clause in Contracts

Exercise of Rights by Transferor Beneficiary. The Transferor Beneficiary hereby agrees with each existing Investor Beneficiary that it shall not exercise any beneficial rights or entitlements it may have to Ineligibles Bare Trust Property pursuant to the RTDSA or any Supplement thereto in such a way as to materially prejudice the beneficial rights or entitlements of any Beneficiary to Undivided Bare Trust Property in the Undivided Bare Trust of the Receivables Trust.

Exercise of Rights by Transferor Beneficiary. The Transferor Beneficiary hereby agrees with each existing Investor Beneficiary that it shall not exercise any beneficial rights or entitlements it may have to Ineligibles Bare Trust Property pursuant to the RTDSA or any Supplement thereto in such a way as to materially prejudice the beneficial rights or entitlements of any Beneficiary to Undivided Bare Trust Property in the Undivided Bare Trust of the Delamare Cards Receivables Trust.

Exercise of Rights by Transferor Beneficiary. The Each Transferor Beneficiary hereby agrees with each existing Investor Beneficiary that it shall not exercise any beneficial rights or entitlements it may have to Ineligibles Bare Trust Property pursuant to the RTDSA RTDTCMA or any Supplement thereto in such a way as to materially prejudice the beneficial rights or entitlements of any Beneficiary to Undivided Bare Trust Property in the Undivided Bare Trust of the UK Receivables Trust.