Common use of Master Issuer Transaction Account Clause in Contracts

Master Issuer Transaction Account. (a) The Master Issuer Cash Manager hereby confirms that the Master Issuer Transaction Accounts have been established on or before the date of this Agreement and that the mandates in the agreed form will apply to those accounts as at the Programme Date. The Master Issuer Cash Manager undertakes (to the extent to which the same is within its control in its capacity as Master Issuer Cash Manager) that as at the Programme Date the Master Issuer Transaction Accounts will be operative and that the Master Issuer Cash Manager will not knowingly create or permit to subsist any Security Interest in relation to the Master Issuer Transaction Accounts other than as created under or permitted pursuant to the Master Issuer Deed of Charge.

Master Issuer Transaction Account. (a) The Master Issuer Cash Manager hereby confirms that the Master Issuer Transaction Accounts have Account has been established on or before the date of this Agreement and that the mandates mandate in the agreed form will apply to those accounts this Agreement as at the Programme Date. The Master Issuer Cash Manager undertakes (to the extent to which the same is within its control in its capacity as Master Issuer Cash Manager) that as at the Programme Date the Master Issuer Transaction Accounts Account will be operative and that the Master Issuer Cash Manager will not knowingly create or permit to subsist any Security Interest in relation to the Master Issuer Transaction Accounts Account other than as created under or permitted pursuant to the Master Issuer Deed of Charge.

Master Issuer Transaction Account. (a) The Master Issuer Cash Manager hereby confirms that the Master Issuer Transaction Accounts have Account has been established on or before the date of this Agreement and that the mandates mandate in the agreed form will apply applied to those accounts as at this Agreement from the Programme Date. The Master Issuer Cash Manager undertakes (to the extent to which the same is within its control in its capacity as Master Issuer Cash Manager) that as at from the Programme Date the Master Issuer Transaction Accounts Account has been and will continue to be operative and that the Master Issuer Cash Manager will not knowingly create or permit to subsist any Security Interest in relation to the Master Issuer Transaction Accounts Account other than as created under or permitted pursuant to the Master Issuer Deed of Charge.