Common use of Funding 1 Accounts Clause in Contracts

Funding 1 Accounts. Funding 1 hereby undertakes that, for so long as any Funding 1 Secured Obligations remain outstanding, it shall not (without the prior written consent of the Funding 1 Security Trustee): (a) open or maintain any bank account or deposit account with any bank or any other financial institution other than the Funding 1 Bank Accounts; or (b) close the Funding 1 Bank Accounts, other than in accordance with the Funding 1 Bank Account Agreement and this Deed.

Appears in 4 contracts

Samples: Deed of Charge, Deed of Charge, Deed of Charge

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