Common use of NOTICES AND ACKNOWLEDGEMENTS Clause in Contracts

NOTICES AND ACKNOWLEDGEMENTS. (a) The execution of this Deed by the Current Issuer New Funding Secured Creditors shall constitute notice to such Current Issuer New Funding Secured Creditors of the assignments made by Funding pursuant to Clause 3 (Funding Security) of the Funding Deed of Charge. The execution of this Deed by each other Funding Secured Creditor shall constitute notice to such Funding Secured Creditor of the assignments made by Funding pursuant to this Deed. (b) By its execution of this Deed, each of the Current Issuer New Funding Secured Creditors acknowledges that it has notice of and consents to the assignments, charges and Security Interests (including the Jersey Security Interests) made or granted by Funding pursuant to Clause 3 (Funding Security) of the Funding Deed of Charge and also acknowledges that as at the date hereof it has not received from any other person any notice of any assignment or charge of any of the property the subject of such Security Interests. By its execution of this Deed, each other Funding Secured Creditor acknowledges that it has notice of and consents to the assignments, charges and Security Interests made or granted by Funding pursuant to this Deed and also acknowledges that as at the date hereof it has not received from any other person any notice of any assignment or charge of any of the property the subject of such Security Interests. (c) Notwithstanding the assignments and charges granted pursuant to Clause 3 (Funding Security) of the Funding Deed of Charge or pursuant to this Deed, the parties hereto acknowledge that, subject as provided otherwise in the Funding Deed of Charge, each Funding Secured Creditor and each other party to any Funding Transaction Document may continue to make all payments becoming due to Funding under any Funding Transaction Document in the manner envisaged by such Funding Transaction Document until the receipt of written notice from the Security Trustee or any Receiver requiring payments to be made otherwise.

Appears in 11 contracts

Samples: Issuer Deed of Accession (Granite Mortgages 03-1 PLC), Issuer Deed of Accession (Granite Mortgages 04-2 PLC), Issuer Deed of Accession (Granite Finance Trustees LTD)

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NOTICES AND ACKNOWLEDGEMENTS. (a) The execution of this Deed by the Current Issuer New Funding Secured Creditors Creditor shall constitute notice to such Current Issuer New Funding Secured Creditors Creditor of the assignments made by Funding pursuant to Clause 3 (Funding Security) of the Funding Deed of Charge. The execution of this Deed by each other Funding Secured Creditor shall constitute notice ____________________ 1 as above to such Funding Secured Creditor of the assignments made by Funding pursuant to this Deed. (b) By its execution of this Deed, each of the Current Issuer New Funding Secured Creditors Creditor acknowledges that it has notice of and consents to the assignments, charges and Security Interests (including the Jersey Security Interests) made or granted by Funding pursuant to Clause 3 (Funding Security) of the Funding Deed of Charge and also acknowledges that as at the date hereof it has not received from any other person any notice of any assignment or charge of any of the property the subject of such Security Interests. By its execution of this Deed, each other Funding Secured Creditor acknowledges that it has notice of and consents to the assignments, charges and Security Interests made or granted by Funding pursuant to this Deed of Accession and also acknowledges that as at the date hereof it has not received from any other person any notice of any assignment or charge of any of the property the subject of such Security Interests. (c) Notwithstanding the assignments and charges granted pursuant to Clause 3 (Funding Security) of the Funding Deed of Charge or pursuant to this DeedDeed of Accession, the parties hereto acknowledge that, subject as provided otherwise in the Funding Deed of Charge, each Funding Secured Creditor and each other party to any Funding Transaction Document may continue to make all payments becoming due to Funding under any Funding Transaction Document in the manner envisaged by such Funding Transaction Document until the receipt of written notice from the Security Trustee or any Receiver requiring payments to be made otherwise.

Appears in 1 contract

Samples: Funding Deed of Charge (Granite Mortgages 03-2 PLC)

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NOTICES AND ACKNOWLEDGEMENTS. (a) The execution of this Deed by the Current Issuer New Funding Secured Creditors shall constitute notice to such Current Issuer New Funding Secured Creditors of the assignments made by Funding pursuant to Clause 3 (Funding Security) of the Funding Deed of Charge. The execution of this Deed by each other Funding Secured Creditor shall constitute notice to such Funding Secured Creditor of the assignments made by Funding pursuant to this Deed. (b) By its execution of this Deed, each of the Current Issuer New Funding Secured Creditors acknowledges that it has notice of and consents to the assignments, charges and Security Interests (including the Jersey Security Interests) made or granted by Funding pursuant to Clause 3 (Funding Security) of the Funding Deed of Charge and also acknowledges that as at the date hereof it has not received from any other person any notice of any assignment or charge of any of the property the subject of such Security Interests. By its execution of this Deed, each other Funding Secured Creditor acknowledges that it has notice of and consents to the assignments, charges and Security Interests made or granted by Funding pursuant to this Deed and also acknowledges that as at the date hereof it has not received from any other person any notice of any assignment or charge of any of the property the subject of such Security Interests. (c) Notwithstanding the assignments and charges granted pursuant to Clause 3 (Funding Security) of the Funding Deed of Charge or pursuant to this Deed, the parties hereto acknowledge that, subject as provided otherwise in the Funding Deed of Charge, each Funding Secured Creditor and each other party p arty to any Funding Transaction Document may continue to make all payments becoming due to Funding under any Funding Transaction Document in the manner envisaged by such Funding Transaction Document until the receipt of written notice from the Security Trustee or any Receiver requiring payments to be made otherwise.

Appears in 1 contract

Samples: Issuer Deed of Accession (Granite Mortgages 02-2 PLC)

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