Common use of Rights of Beneficiaries Clause in Contracts

Rights of Beneficiaries. Each Beneficiary of the Receivables Trust will belong to one of the categories of Beneficiaries set out below for the purposes of this Deed. The calculation of its beneficial entitlement to Trust Property, unless otherwise specified herein, shall be specified in any related Supplement. The categories of Beneficiaries are as follows:

Appears in 4 contracts

Samples: Management Agreement (Gracechurch Receivables Trustee LTD), Management Agreement (Barclaycard Funding PLC), Management Agreement (Barclaycard Funding PLC)

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Rights of Beneficiaries. Each Beneficiary of the Receivables Trust will belong to one of the categories of Beneficiaries set out below for the purposes of this Deed. The calculation of its beneficial entitlement to Trust Property, and calculations for the purposes of allocation, unless otherwise specified herein, shall be specified in any related Supplement. The categories of Beneficiaries are as follows:

Appears in 2 contracts

Samples: Arran Funding LTD, Arran Funding LTD

Rights of Beneficiaries. Each Beneficiary of the Receivables Trust will belong to one of the categories of Beneficiaries set out below for the purposes of this Deed. The calculation of its beneficial entitlement to Trust Property, unless otherwise specified hereinand calculations for the purposes of allocation, shall be specified herein and in any related SupplementSupplement (always having regard to Clause 4.6(a)(iii)). The categories of Beneficiaries are as follows:

Appears in 2 contracts

Samples: Deed and Servicing Agreement (Turquoise Receivables Trustee LTD), investor.capitalone.com

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Rights of Beneficiaries. Each Beneficiary of the Receivables Trust will belong to one of the categories of Beneficiaries set out below for the purposes of this Deed. The calculation of its beneficial entitlement to Trust Property, unless otherwise and calculations for the purposes of allocation, shall be as specified herein, shall be specified and in any related SupplementSupplement (always having regard to Clause 5.5(a)(iii) (Supplements)). The categories of Beneficiaries are as follows:

Appears in 1 contract

Samples: www.newday.co.uk

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