Common use of Signing and Delivery of Mandates Clause in Contracts

Signing and Delivery of Mandates. The Eighth Issuer has delivered to the Eighth Issuer Account Bank prior to the Eighth Issuer Closing Date the Eighth Issuer Transaction Account Mandate in or substantially in the form set out in SCHEDULE 1 hereto duly executed and relating to the Eighth Issuer Transaction Account, and the Eighth Issuer Account Bank hereby confirms to the Security Trustee that the Eighth Issuer Transaction Account Mandate has been provided to it, that the Eighth Issuer Transaction Account is open and that the Eighth Issuer Transaction Account Mandate is operative. The Eighth Issuer agrees that, if an additional account is opened pursuant to CLAUSE 3.1 (above), it will deliver to the Eighth Issuer Account Bank a duly executed mandate relating to such Additional Eighth Issuer Account. The Eighth Issuer Account Bank acknowledges that the Eighth Issuer Transaction Account Mandate and any other mandates delivered from time to time pursuant hereto shall be subject to the terms of the Eighth Issuer Deed of Charge and this Agreement.

Appears in 2 contracts

Samples: Account Agreement (Permanent Mortgages Trustee LTD), Permanent Financing (No. 8) PLC

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Signing and Delivery of Mandates. The Eighth Seventh Issuer has delivered to the Eighth Seventh Issuer Account Bank prior to the Eighth Seventh Issuer Closing Date the Eighth Seventh Issuer Transaction Account Mandate in or substantially in the form set out in SCHEDULE 1 hereto duly executed and relating to the Eighth Seventh Issuer Transaction Account, and the Eighth Seventh Issuer Account Bank hereby confirms to the Security Trustee that the Eighth Seventh Issuer Transaction Account Mandate has been provided to it, that the Eighth Seventh Issuer Transaction Account is open and that the Eighth Seventh Issuer Transaction Account Mandate is operative. The Eighth Seventh Issuer agrees that, if an additional account is opened pursuant to CLAUSE 3.1 (above), it will deliver to the Eighth Seventh Issuer Account Bank a duly executed mandate relating to such Additional Eighth Seventh Issuer Account. The Eighth Seventh Issuer Account Bank acknowledges that the Eighth Seventh Issuer Transaction Account Mandate and any other mandates delivered from time to time pursuant hereto shall be subject to the terms of the Eighth Seventh Issuer Deed of Charge and this Agreement.

Appears in 2 contracts

Samples: Permanent Mortgages Trustee LTD, Permanent Mortgages Trustee LTD

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Signing and Delivery of Mandates. The Eighth Fifth Issuer has delivered to the Eighth Fifth Issuer Account Bank prior to the Eighth Fifth Issuer Closing Date the Eighth Fifth Issuer Transaction Account Mandate in or substantially in the form set out in SCHEDULE 1 hereto duly executed and relating to the Eighth Fifth Issuer Transaction Account, and the Eighth Fifth Issuer Account Bank hereby confirms to the Security Trustee that the Eighth Fifth Issuer Transaction Account Mandate has been provided to it, that the Eighth Fifth Issuer Transaction Account is open and that the Eighth Fifth Issuer Transaction Account Mandate is operative. The Eighth Fifth Issuer agrees that, if an additional account is opened pursuant to CLAUSE 3.1 (above), it will deliver to the Eighth Fifth Issuer Account Bank a duly executed mandate relating to such Additional Eighth Fifth Issuer Account. The Eighth Fifth Issuer Account Bank acknowledges that the Eighth Fifth Issuer Transaction Account Mandate and any other mandates delivered from time to time pursuant hereto shall be subject to the terms of the Eighth Fifth Issuer Deed of Charge and this Agreement.

Appears in 1 contract

Samples: Permanent Financing (No. 5) PLC

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