Common use of Extension of the 1925 Act Clause in Contracts

Extension of the 1925 Act. (a) The statutory powers of leasing conferred on the Funding 1 Security Trustee are extended so as to authorise the Funding 1 Security Trustee to lease, make agreements for leases, accept surrenders of leases and grant options as the Funding 1 Security Trustee may think fit and without the need to comply with any provision of Section 99 or 100 of the 1925 Act, Section 18 of the 1881 Act or Section 3 of the 0000 Xxx. (b) The statutory powers of sale and the other powers conferred on the Funding 1 Security Trustee by Section 101(1) and (2) of the 1925 Act, Section 19 of the 1881 Act and Section 4(1) of the 1911 Act are extended so as to authorise the Funding 1 Security Trustee (upon such terms as the Funding 1 Security Trustee may think fit and in accordance with the terms of this Deed) to: (i) make demand in the name of the other Funding 1 Secured Creditors or in its own right for any moneys and liabilities in respect of the Funding 1 Charged Property; and (ii) do all or any of the things or exercise all or any of the powers referred to in Clause 11 (Powers of Receiver) herein as if each of them was expressly conferred on the Funding 1 Security Trustee by this Deed.

Extension of the 1925 Act. (a) The statutory powers of leasing conferred on the Funding 1 Issuer Security Trustee are extended so as to authorise the Funding 1 Issuer Security Trustee to lease, make agreements for leases, accept surrenders of leases and grant options as the Funding 1 Issuer Security Trustee may think fit and without the need to comply with any provision of Section 99 or 100 of the 1925 Act, Act and Section 18 of the 1881 Act or Section 3 of the 0000 Xxx. (b) The statutory powers of sale and the other powers conferred on the Funding 1 Issuer Security Trustee by Section 101(1) and (2) of the 1925 Act, Act or by Section 19 of the 1881 Act and Section 4(1) of the 1911 Act are extended so as to authorise the Funding 1 Issuer Security Trustee (upon such terms as the Funding 1 Issuer Security Trustee may think fit and in accordance with the terms of this Deed) to: (i) make demand in the name of the other Funding 1 Issuer Secured Creditors or in its own right for any moneys and liabilities in respect of the Funding 1 Issuer Charged Property; and (ii) do all or any of the things or exercise all or any of the powers referred to in Clause 11 (Powers of Receiver) herein as if each of them was expressly conferred on the Funding 1 Issuer Security Trustee by this Deed.

Extension of the 1925 Act. (a) The statutory powers of leasing conferred on the Funding 1 2 Security Trustee are extended so as to authorise the Funding 1 2 Security Trustee to lease, make agreements for leases, accept surrenders of leases and grant options as the Funding 1 2 Security Trustee may think fit and without the need to comply with any provision of Section 99 or 100 of the 1925 Act, Section 18 of the 1881 Act or Section 3 of the 0000 Xxx. (b) The statutory powers of sale and the other powers conferred on the Funding 1 2 Security Trustee by Section 101(1) and (2) of the 1925 Act, Section 19 of the 1881 Act and Section 4(1) of the 1911 Act are extended so as to authorise the Funding 1 2 Security Trustee (upon such terms as the Funding 1 2 Security Trustee may think fit and in accordance with the terms of this Deed) to: (i) make demand in the name of the other Funding 1 2 Secured Creditors or in its own right for any moneys and liabilities in respect of the Funding 1 2 Charged Property; and (ii) do all or any of the things or exercise all or any of the powers referred to in Clause 11 (Powers of Receiver) herein as if each of them was expressly conferred on the Funding 1 2 Security Trustee by this Deed.

Extension of the 1925 Act. (a) The statutory powers of leasing conferred on the Funding 1 Security Trustee are extended so as to authorise the Funding 1 Security Trustee to lease, make agreements for leases, accept surrenders of leases and grant options as the Funding 1 Security Trustee may think fit and without the need to comply with any provision of Section 99 or 100 of the 1925 Act, Section 18 of the 1881 Act or Section 3 of the 0000 Xxx1911 Act. (b) The statutory powers of sale and the other powers conferred on the Funding 1 Security Trustee by Section 101(1) and (2) of the 1925 Act, Section 19 of the 1881 Act and Section 4(1) of the 1911 Act are extended so as to authorise the Funding 1 Security Trustee (upon such terms as the Funding 1 Security Trustee may think fit and in accordance with the terms of this Deed) to: (i) make demand in the name of the other Funding 1 Secured Creditors or in its own right for any moneys and liabilities in respect of the Funding 1 Charged Property; and (ii) do all or any of the things or exercise all or any of the powers referred to in Clause 11 (Powers of Receiver) herein as if each of them was expressly conferred on the Funding 1 Security Trustee by this Deed.

Extension of the 1925 Act. (a) The statutory powers of leasing conferred on the Funding 1 2 Security Trustee are extended so as to authorise the Funding 1 2 Security Trustee to lease, make agreements for leases, accept surrenders of leases and grant options as the Funding 1 2 Security Trustee may think fit and without the need to comply with any provision of Section 99 or 100 of the 1925 Act, Section 18 of the 1881 Act or Section 3 of the 0000 Xxx. (b) The statutory powers of sale and the other powers conferred on the Funding 1 2 Security Trustee by Section 101(1) and (2) of the 1925 Act, Section 19 of the 1881 Act and Section 4(1) of the 1911 Act are extended so as to authorise the Funding 1 2 Security Trustee (upon such terms as the Funding 1 2 Security Trustee may think fit and in accordance with the terms of this Deed) to: (i) make demand in the name of the other Funding 1 2 Secured Creditors or in its own right for any moneys and liabilities in respect of the Funding 1 2 Charged Property; and (ii) do all or any of the things or exercise all or any of the powers referred to in Clause 11 (Powers of Receiver) herein as if each of them was expressly conferred on the Funding 1 2 Security Trustee by this Deed.