Common use of Withdrawals from Bank Accounts Clause in Contracts

Withdrawals from Bank Accounts. Notwithstanding the Series 2023-2 (A1) Security created by or pursuant to this Note Trust Deed Supplement, subject to Clause 12.4 (No Withdrawals from Series 2023-2 (A1) Charged Accounts), prior to the occurrence of an Event of Default, amounts standing to the credit of the Series 2023-2 (A1) Charged Accounts in which the Issuer may at any time acquire a Benefit in respect of Series 2023-2 (A1) may be withdrawn therefrom by the Issuer (or any authorised Person on its behalf) but only in accordance with the applicable provisions of the Series 2023-2 (A1) Documents, including (without limitation) the terms hereof.‌

Appears in 1 contract

Samples: bank.tescoplc.com

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Withdrawals from Bank Accounts. Notwithstanding the Series 20232020-2 1 (A1A3) Security created by or pursuant to this Note Trust Deed Supplement, subject to Clause 12.4 (No Withdrawals from Series 20232020-2 (A1) A3 Charged Accounts), prior to the occurrence of an Event of Default, amounts standing to the credit of the Series 20232020-2 1 (A1A3) Charged Accounts in which the Issuer may at any time acquire a Benefit in respect of Series 20232020-2 1 (A1A3) may be withdrawn therefrom by the Issuer (or any authorised Person on its behalf) but only in accordance with the applicable provisions of the Series 20232020-2 1 (A1A3) Documents, including (without limitation) the terms hereof.‌hereof.

Appears in 1 contract

Samples: bank.tescoplc.com

Withdrawals from Bank Accounts. Notwithstanding the Series 2023-2 1 (A1A3) Security created by or pursuant to this Note Trust Deed Supplement, subject to Clause 12.4 (No Withdrawals from Series 2023-2 1 (A1A3) Charged Accounts), prior to the occurrence of an Event of Default, amounts standing to the credit of the Series 2023-2 1 (A1A3) Charged Accounts in which the Issuer may at any time acquire a Benefit in respect of Series 2023-2 1 (A1A3) may be withdrawn therefrom by the Issuer (or any authorised Person on its behalf) but only in accordance with the applicable provisions of the Series 2023-2 1 (A1A3) Documents, including (without limitation) the terms hereof.‌hereof.

Appears in 1 contract

Samples: bank.tescoplc.com

Withdrawals from Bank Accounts. Notwithstanding the Series 2023-2 1 (A1A2) Security created by or pursuant to this Note Trust Deed Supplement, subject to Clause 12.4 (No Withdrawals from Series 2023-2 1 (A1A2) Charged Accounts), prior to the occurrence of an Event of Default, amounts standing to the credit of the Series 2023-2 1 (A1A2) Charged Accounts in which the Issuer may at any time acquire a Benefit in respect of Series 2023-2 1 (A1A2) may be withdrawn therefrom by the Issuer (or any authorised Person on its behalf) but only in accordance with the applicable provisions of the Series 2023-2 1 (A1A2) Documents, including (without limitation) the terms hereof.‌hereof.

Appears in 1 contract

Samples: bank.tescoplc.com

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Withdrawals from Bank Accounts. Notwithstanding the Series 20232020-2 1 (A1A4) Security created by or pursuant to this Note Trust Deed Supplement, subject to Clause 12.4 (No Withdrawals from Series 20232020-2 (A1) A4 Charged Accounts), prior to the occurrence of an Event of Default, amounts standing to the credit of the Series 20232020-2 1 (A1A4) Charged Accounts in which the Issuer may at any time acquire a Benefit in respect of Series 20232020-2 1 (A1A4) may be withdrawn therefrom by the Issuer (or any authorised Person on its behalf) but only in accordance with the applicable provisions of the Series 20232020-2 1 (A1A4) Documents, including (without limitation) the terms hereof.‌hereof.

Appears in 1 contract

Samples: bank.tescoplc.com

Withdrawals from Bank Accounts. Notwithstanding the Series 2023-2 1 (A1) Security created by or pursuant to this Note Trust Deed Supplement, subject to Clause 12.4 (No Withdrawals from Series 2023-2 1 (A1) Charged Accounts), prior to the occurrence of an Event of Default, amounts standing to the credit of the Series 2023-2 1 (A1) Charged Accounts in which the Issuer may at any time acquire a Benefit in respect of Series 2023-2 1 (A1) may be withdrawn therefrom by the Issuer (or any authorised Person on its behalf) but only in accordance with the applicable provisions of the Series 2023-2 1 (A1) Documents, including (without limitation) the terms hereof.‌hereof.

Appears in 1 contract

Samples: bank.tescoplc.com

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