Common use of Payments to Issuer Accounts Clause in Contracts

Payments to Issuer Accounts. At all times prior to the release, re-assignment, retrocession and/or discharge under Clause 18 (Release) of the Issuer Security, the Issuer will, save as otherwise provided in the Issuer Transaction Documents or unless the Issuer Security Trustee otherwise agrees in writing, procure that all amounts received by the Issuer under or in respect of the Issuer Transaction Documents will be credited to the Issuer Accounts in accordance with the terms of the Issuer Transaction Documents.

Appears in 2 contracts

Samples: www.santander.co.uk, www.santander.co.uk

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Payments to Issuer Accounts. At all times prior to the release, re-assignment, retrocession assignment and/or discharge under Clause 18 (Release) of the Issuer Security, the Issuer will, save as otherwise provided in the Issuer Transaction Documents or unless the Issuer Security Trustee otherwise agrees in writing, procure that all amounts received by the Issuer under or in respect of the Issuer Transaction Documents will be credited to the Issuer Accounts in accordance with the terms of the Issuer Transaction Documents.

Appears in 1 contract

Samples: Permanent Funding (No. 2) LTD

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Payments to Issuer Accounts. At all times prior to the release, re-assignment, retrocession and/or discharge of the Issuer Security under Clause 18 (Release) of the Issuer Security), the Issuer will, save as otherwise provided in the Issuer Transaction Documents or unless the Issuer Security Trustee otherwise agrees in writing, procure that all amounts received by the Issuer under or in respect of the Issuer Transaction Documents will be credited to the Issuer Accounts in accordance with the terms of the Issuer Transaction Documents.

Appears in 1 contract

Samples: www.santander.co.uk

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