TERMINATION OF MASTER ISSUER SWAPS. If any or all of the Master Issuer Swap Agreements terminate and the Master Issuer is unable to enter into replacement hedging arrangements, the Master Issuer shall instruct the Master Issuer Cash Manager to open, as necessary, the relevant Additional Master Issuer Account at the Master Issuer
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)
TERMINATION OF MASTER ISSUER SWAPS. If any or all of the Master Issuer Swap Agreements terminate and the Master Issuer is unable to enter into replacement hedging arrangements, the Master Issuer shall instruct the Master Issuer Cash Manager to open, as necessary, the relevant Additional Master Issuer Account at the relevant Master IssuerIssuer Account Bank. The Master Issuer shall deliver a mandate to the relevant Master Issuer Account Bank relating to such Additional Master Issuer Account in accordance with this Agreement and the Master Issuer Deed of Charge.
Appears in 3 contracts
Samples: Master Issuer Bank Account Agreement, Master Issuer Bank Account Agreement, Master Issuer Bank Account Agreement (Holmes Funding LTD)
