Common use of Notice of Assignment and Acknowledgement Clause in Contracts

Notice of Assignment and Acknowledgement. The Seventh Issuer Account Bank agrees that promptly upon receipt of a notice of assignment signed by the Seventh Issuer, in (or substantially in) the form of notice set out in PART 1 of SCHEDULE 2 hereto, the Seventh Issuer Account Bank shall sign and duly return to the Seventh Issuer, with a copy to the Security Trustee, an acknowledgement in (or substantially in) the form of acknowledgement set out in PART 2 of SCHEDULE 2.

Appears in 2 contracts

Samples: Seventh Issuer Bank Account Agreement (Permanent Mortgages Trustee LTD), Seventh Issuer Bank Account Agreement (Permanent Mortgages Trustee LTD)

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Notice of Assignment and Acknowledgement. The Seventh Sixth Issuer Account Bank agrees that promptly upon receipt of a notice of assignment signed by the Seventh Sixth Issuer, in (or substantially in) the form of notice set out in PART 1 of SCHEDULE 2 hereto, the Seventh Sixth Issuer Account Bank shall sign and duly return to the Seventh Sixth Issuer, with a copy to the Security Trustee, an acknowledgement in (or substantially in) the form of acknowledgement set out in PART 2 of SCHEDULE 2.

Appears in 2 contracts

Samples: Bank Account Agreement (Permanent Financing (No. 6) PLC), Bank Account Agreement (Permanent Mortgages Trustee LTD)

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Notice of Assignment and Acknowledgement. The Seventh Fifth Issuer Account Bank agrees that promptly upon receipt of a notice of assignment signed by the Seventh Fifth Issuer, in (or substantially in) the form of notice set out in PART 1 of SCHEDULE 2 hereto, the Seventh Fifth Issuer Account Bank shall sign and duly return to the Seventh Fifth Issuer, with a copy to the Security Trustee, an acknowledgement in (or substantially in) the form of acknowledgement set out in PART 2 of SCHEDULE 2.

Appears in 1 contract

Samples: Fifth Issuer Bank Account Agreement (Permanent Financing (No. 5) PLC)

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