Investment Proceeds. The Loan Note Issuer hereby undertakes to the Receivables Trustee for itself and as trustee for each other Beneficiary (by way of a contractual obligation owed by the Loan Note Issuer to no other person and not as part of the terms of the Receivables Trust) that, unless specified otherwise herein, it will pay to the Receivables Trustee from its own resources by way of Additional Consideration in accordance with Clause 3(c) (identified as "INVESTMENT PROCEEDS"), amounts equal to any payments it receives in respect of investment earnings (to the extent not included in Excess Spread) from the Receivables Trust. To the extent necessary the Receivables Trustee is hereby authorised to make such payments described above on the Loan Note Issuer's behalf.
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Samples: Receivables Trust Deed and Trust Cash Management Agreement (Arran Funding LTD), Receivables Trust Deed and Trust Cash Management Agreement (Arran Funding LTD)
Investment Proceeds. The Loan Note Issuer hereby undertakes to the Receivables Trustee for itself and as trustee for each other Beneficiary (by way of a contractual obligation owed by the Loan Note Issuer Series 2006-2 Investor Beneficiary to no other person and not as part of the terms of the Receivables Trust) that, unless specified otherwise herein, it will pay to the Receivables Trustee from its own resources by way of Additional Consideration in accordance with Clause 3(c) (identified as "INVESTMENT PROCEEDS"being ‘‘Investment Proceeds’’), amounts equal to any payments it receives in respect of investment earnings (to the extent not included in Excess Spread) from the Receivables Trust. To the extent necessary the Receivables Trustee is hereby authorised to make such payments described above in Clause 11(a) to (f) on the Loan Note IssuerSeries 2006-2 Investor Beneficiary's behalf.
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Samples: Receivables Trust Deed and Servicing Agreement (Turquoise Funding I LTD)
Investment Proceeds. The Loan Note Issuer hereby undertakes to the Receivables Trustee for itself and as trustee for each other Beneficiary (by way of a contractual obligation owed by the Loan Note Issuer Series 2007-1 Investor Beneficiary to no other person and not as part of the terms of the Receivables Trust) that, unless specified otherwise herein, it will pay to the Receivables Trustee from its own resources by way of Additional Consideration in accordance with Clause 3(c) (identified as "INVESTMENT PROCEEDS"being ‘‘Investment Proceeds’’), amounts equal to any payments it receives in respect of investment earnings (to the extent not included in Excess Spread) from the Receivables Trust. To the extent necessary the Receivables Trustee is hereby authorised to make such payments described above in Clause 11(a) to (f) on the Loan Note Issuer's Series 2007-1 Investor Beneficiary’s behalf.
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Samples: Receivables Trust Deed and Servicing Agreement (Turquoise Funding I LTD)