Common use of Financial Collateral Clause in Contracts

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement constitute “financial collateral” and this Security Agreement and the obligations of a Chargor under this Security Agreement constitute a “security financial collateral arrangement” (in each case for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) Regulations 2003 (SI 2003 No. 3226)) the Collateral Agent will have the right after this Security has become enforceable to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured Liabilities.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement constitute Collateral constitutes “financial collateral” and this Security Agreement Deed and the obligations of a Chargor under this Security Agreement Deed constitute a “security financial collateral arrangement” (in each case case, for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) Regulations 2003 (SI 2003 No. 32262003)) , the Notes Collateral Agent will have the right may (but shall not be obligated to) after this Security has become enforceable to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured LiabilitiesObligations.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement Assets constitute “financial collateral” and this Security Agreement Deed and the obligations of a the Chargor under this Security Agreement Deed constitute a “security financial collateral arrangement” (in each case case, for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) Regulations 2003 (SI 2003 No. 32262003)) , the Collateral Security Agent will have the right after this Security has become enforceable to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured LiabilitiesObligations in accordance with the Interim Facility Agreement.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement Deed constitute “financial collateral” and this Security Agreement Deed and the obligations of a the Chargor under this Security Agreement Deed constitute a “security financial collateral arrangement” (in each case for the purpose of and as defined in the Financial Collateral Arrangements (No. 2No.2) Regulations 2003 (SI 2003 No. 3226)) the Collateral Agent will shall have the right after this Security has become enforceable to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured LiabilitiesObligations.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement Deed constitute “financial collateral” and this Security Agreement Deed and the obligations of a Chargor the Chargors under this Security Agreement Deed constitute a “security financial collateral arrangement” (in each case for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) Regulations 2003 (SI 2003 No. 3226)) the Collateral Agent will shall have the right after this Security has become enforceable to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured LiabilitiesObligations.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement Assets constitute “"financial collateral” " and this Security Agreement Deed and the obligations of a Chargor the Chargors under this Security Agreement Deed constitute a “"security financial collateral arrangement” " (in each case case, for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) Regulations 2003 (SI 2003 No. 32262003)) , the Collateral Security Agent will have the right after whilst this Security has become is enforceable to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured Liabilities.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement Charged Assets constitute “financial collateral” and this Security Agreement Deed and the obligations of a Chargor under this Security Agreement Deed constitute a “security financial collateral arrangement” (in each case case, for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) Regulations 2003 (SI 2003 No. 32262003)) , the Collateral Agent will have the right Lender may after this Security has become enforceable to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured LiabilitiesObligations.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement Deed constitute “financial collateral” and this Security Agreement Deed and the obligations of a the Chargor under this Security Agreement Deed constitute a “security financial collateral arrangement” (in each case for the purpose of and as defined in the Financial Collateral Arrangements (No. 2No.2) Regulations 2003 (SI 2003 No. 3226)) the Collateral Agent will Chargee shall have the right after this Security has become enforceable to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured Liabilities.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement Deed constitute “financial collateral” and this Security Agreement Deed and the obligations of a Chargor the Chargors under this Security Agreement Deed constitute a “security financial collateral arrangement” (in each case for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) Regulations 2003 (SI 2003 No. 3226)) the Collateral Agent will have the right after this Security has become enforceable during the Enforcement Period to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured Liabilities.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement Deed constitute “financial collateral” and this Security Agreement Deed and the obligations of a Chargor the Owner under this Security Agreement Deed constitute a “security financial collateral arrangement” (in each case for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) Regulations 2003 (SI 2003 No. 3226)) the Collateral Security Agent will shall have the right after this Security has become enforceable in accordance with Clause 52.1 (Timing) to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured LiabilitiesObligations.

Financial Collateral. (a) To the extent that the assets mortgaged or charged under this Security Agreement Assets constitute “"financial collateral” " and this Security Agreement Deed and the obligations of a Chargor under this Security Agreement Deed constitute a “"security financial collateral arrangement” " (in each case case, for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) Regulations 2003 (SI 2003 No. 32262003)) , the Collateral Security Agent will have the right after whilst this Security has become is enforceable to appropriate all or any part of that financial collateral in or towards the satisfaction of the Secured Liabilities.