Use of Information Technology Systems. (a) The Current Issuer Cash Manager represents and warrants that at the date hereof (and in respect of the software which is to be used by the Current Issuer Cash Manager in providing the Current Issuer Cash Management Services) it has in place all necessary licences and/or consents from the respective licensor or licensors (if any) of such software. (b) The Current Issuer Cash Manager undertakes that it shall for the duration of this Agreement, use reasonable endeavours to: (i) ensure that the licences and/or consents referred to in paragraph (a) are maintained in full force and effect; and (ii) except insofar as it would breach any other of its legal obligations, grant to any person to whom it may sub-contract or delegate the performance of all or any of its powers and obligations under this Agreement (and/or to such person as the Current Issuer and the Note Trustee elects as a substitute cash manager in accordance with the terms of this Agreement) a licence to use any proprietary software together with any updates which may be made thereto from time to time.
Appears in 5 contracts
Samples: Issuer Cash Management Agreement (Granite Mortgages 03-2 PLC), Issuer Cash Management Agreement (Granite Mortgages 03-1 PLC), Issuer Cash Management Agreement (Granite Mortgages 02-2 PLC)