Common use of Management and Application of Funds Clause in Contracts

Management and Application of Funds. The Seventh Issuer shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that the Seventh Issuer Accounts shall from time to time be credited with all amounts received by the Seventh Issuer and falling within any of the following categories: (a) amounts received by the Seventh Issuer from or on behalf of Funding 1 pursuant to the provisions of the Seventh Issuer Intercompany Loan Agreement; (b) interest received on the Seventh Issuer Accounts; (c) amounts received by the Seventh Issuer from the Swap Providers under the Seventh Issuer Swap Agreements; (d) the proceeds arising from the disposal of any Authorised Investments and any and all income or other distributions received by the Seventh Issuer in respect thereof or arising from the proceeds of any Authorised Investments; (e) amounts received by the Seventh Issuer from the Security Trustee in its capacity as security trustee under the Funding 1 Deed of Charge or a Receiver following the service of an Intercompany Loan Acceleration Notice; and (f) such other payments received by the Seventh Issuer as are, or ought in accordance with this Deed to be, comprised in the Seventh Issuer Charged Property.

Management and Application of Funds. The Seventh Issuer shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that the Seventh Issuer Transaction Accounts shall from time to time be credited with all amounts received by the Seventh Issuer and falling within any of the following categories: (a) amounts received by the Seventh Issuer from or on behalf of Funding 1 pursuant to the provisions of the Seventh Issuer Intercompany Loan Agreement; (b) interest received on the Seventh Issuer Transaction Accounts; (c) amounts received by the Seventh Issuer from the Dollar Currency Swap Providers under the Seventh Issuer Dollar Currency Swap Agreements; (d) amounts received by the proceeds arising Seventh Issuer from the disposal of any Authorised Investments and any and all Euro Currency Swap Provider under the Euro Currency Swap Agreements; (e) income or other distributions received by the Seventh Issuer in respect thereof or arising from of the proceeds of any Authorised Investments;; and (ef) amounts received by the Seventh Issuer from the Security Trustee in its capacity (as security trustee under the Funding 1 Deed of Charge Charge) or a Receiver following the service of an a Seventh Issuer Intercompany Loan Acceleration Enforcement Notice; and (f) such other payments received by the Seventh Issuer as are, or ought in accordance with this Deed to be, comprised in the Seventh Issuer Charged Property.

Management and Application of Funds. The Seventh Fifth Issuer shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that the Seventh Fifth Issuer Accounts shall from time to time be credited with all amounts received by the Seventh Fifth Issuer and falling within any of the following categories: (a) amounts received by the Seventh Fifth Issuer from or on behalf of Funding 1 pursuant to the provisions of the Seventh Fifth Issuer Intercompany Loan Agreement; (b) interest received on the Seventh Fifth Issuer Accounts; (c) amounts received by the Seventh Fifth Issuer from the Swap Providers under the Seventh Fifth Issuer Swap Agreements; (d) the proceeds arising from the disposal of any Authorised Investments and any and all income or other distributions received by the Seventh Fifth Issuer in respect thereof or arising from the proceeds of any Authorised Investments; (e) amounts received by the Seventh Fifth Issuer from the Security Trustee in its capacity as security trustee under the Funding 1 Deed of Charge or a Receiver following the service of an Intercompany Loan Acceleration Notice; and (f) such other payments received by the Seventh Fifth Issuer as are, or ought in accordance with this Deed to be, comprised in the Seventh Fifth Issuer Charged Property.

Management and Application of Funds. The Seventh Sixth Issuer shall take or cause to be taken such action as may from time to time be necessary on its part to ensure that the Seventh Sixth Issuer Accounts shall from time to time be credited with all amounts received by the Seventh Sixth Issuer and falling within any of the following categories: (a) amounts received by the Seventh Sixth Issuer from or on behalf of Funding 1 pursuant to the provisions of the Seventh Sixth Issuer Intercompany Loan Agreement; (b) interest received on the Seventh Sixth Issuer Accounts; (c) amounts received by the Seventh Sixth Issuer from the Swap Providers under the Seventh Sixth Issuer Swap Agreements; (d) the proceeds arising from the disposal of any Authorised Investments and any and all income or other distributions received by the Seventh Sixth Issuer in respect thereof or arising from the proceeds of any Authorised Investments; (e) amounts received by the Seventh Sixth Issuer from the Security Trustee in its capacity as security trustee under the Funding 1 Deed of Charge or a Receiver following the service of an Intercompany Loan Acceleration Notice; and (f) such other payments received by the Seventh Sixth Issuer as are, or ought in accordance with this Deed to be, comprised in the Seventh Sixth Issuer Charged Property.