Common use of Notification of Termination Event Clause in Contracts

Notification of Termination Event. Each of the Master Issuer, the Master Issuer Cash Manager and each Master Issuer Account Bank undertakes and agrees to notify the Master Issuer Security Trustee in accordance with Clause 13 promptly upon becoming aware thereof of any event which would or could entitle the Master Issuer Security Trustee to serve a notice of termination pursuant to Clause 9.4.

Appears in 3 contracts

Samples: Master Issuer Bank Account Agreement, Master Issuer Bank Account Agreement, Master Issuer Bank Account Agreement (Holmes Funding LTD)

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Notification of Termination Event. Each of the Master Issuer, the Master Issuer Cash Manager and each the Master Issuer Account Bank undertakes and agrees to notify the Master Issuer Security Trustee in accordance with Clause 13 promptly upon becoming aware thereof of any event which would or could entitle the Master Issuer Security Trustee to serve a notice of termination pursuant to Clause 9.4Clauses 9.2 to 9.4 (inclusive).

Appears in 3 contracts

Samples: Master Issuer Bank Account Agreement (Permanent Funding (No. 2) LTD), Master Issuer Bank Account Agreement (Permanent Funding (No. 2) LTD), Master Issuer Bank Account Agreement (Permanent Funding (No. 2) LTD)

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Notification of Termination Event. Each of the Master Issuer, the Master Issuer Cash Manager and each Master the Issuer Account Bank undertakes and agrees to notify the Master Issuer Security Trustee in accordance with Clause 13 14 (Notices) promptly upon becoming aware thereof of any Issuer Account Bank Termination Event or any event which with the giving of notice or lapse of time or certification would or could entitle constitute the Master Issuer Security Trustee to serve a notice of termination same pursuant to Clause 9.49.3 (Termination by Security Trustee).

Appears in 1 contract

Samples: Bank Account Agreement

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