Common use of Notices of charge Clause in Contracts

Notices of charge. Each Chargor must: (a) promptly serve a notice of charge, substantially in the form of Part 1 of Schedule 3 (Forms of letter for Account Bank) on each Account Bank; and (b) use its reasonable endeavours to ensure that each Account Bank acknowledges the notice, substantially in the form of Part 2 of Schedule 3 (Forms of letter for Account Bank), provided that such obligation shall cease if such acknowledgement has not been delivered within 20 Business Days of the giving of the notice referred to in paragraph (a) above.

Notices of charge. Each The Chargor must: (a) promptly immediately serve a notice of charge, substantially in the form of Part 1 of Schedule 3 2 (Forms of letter Letter for Account Bank) on each Account Bank; and (b) use its reasonable endeavours to ensure that each Account Bank acknowledges the notice, substantially in the form of Part 2 of Schedule 3 2 (Forms of letter Letter for Account Bank), provided that such obligation shall cease if such acknowledgement has not been delivered within 20 Business Days of the giving of the notice referred to in paragraph (a) above.

Notices of charge. Each The Chargor must: (a) promptly serve a following execution of this Deed, give notice of charge, to the Account Bank substantially in the form of Part 1 of Schedule 3 1 (Forms Form of letter letters for Account Bank) on each Account Bank); and (b) use its reasonable endeavours to ensure that each the Account Bank acknowledges the notice, notice substantially in the form of Part 2 of Schedule 3 1 (Forms Form of letter letters for Account Bank), provided that such obligation shall cease if such acknowledgement has not been delivered within 20 Business Days of the giving of the notice referred to in paragraph (a) above.