Common use of RIGHTS OF SECURED CREDITORS Clause in Contracts

RIGHTS OF SECURED CREDITORS. Each Secured Creditor (other than the Trustee) will belong to one of the categories of Secured Creditor set out below for the purposes of this Deed. The entitlement of any Secured Creditor to the relevant Secured Property for a given Series of Notes, unless otherwise specified herein, shall be specified in the relevant MTN Supplement. The categories of Secured Creditor (other than the Trustee) are as follows:

Appears in 5 contracts

Samples: Management Agreement (Barclaycard Funding PLC), Management Agreement (Barclaycard Funding PLC), Management Agreement (Barclaycard Funding PLC)

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