Common use of Notice of Charge Clause in Contracts

Notice of Charge. Each Company shall: (a) on the date of this Debenture and from time to time upon request by the Security Trustee deliver to the Security Trustee, or procure the delivery to the Security Trustee of, Notices of Charge, duly completed in respect of the Special Accounts, to each of the banks specified by the Security Trustee (but not maintained with the Security Trustee) with which any of the Special Accounts are opened or maintained; and (b) use reasonable endeavours to procure that each addressee of a Notice of Charge acknowledges such Notice of Charge in the form attached to such Notice of Charge (or in such other form as the Security Trustee may approve) within 15 days (or such longer period as such Company and the Security Trustee may agree in any particular case) of delivery of such Notice of Charge.