Examples of Alliance & Leicester in a sentence
The liability of the Company under this charge of shares is limited to the value of the Company’s investment in shares of Achairn Energy Limited.On 28 November 2008, the Company registered a charge over its shares in A7 Lochhead Limited to Alliance & Leicester Commercial Finance plc (now Santander Asset Finance plc) as security for a senior loan facility of £7.8 million raised by A7 Lochhead Limited to finance the construction costs of the wind farm.
The liability of the Company under this charge of shares is limited to the value of the Company’s investment in shares of Fenpower Limited.On 20 December 2006, the Company registered a charge over its shares in A7 Greendykeside Limited to Alliance & Leicester Commercial Bank plc (now Santander UK plc) as security for a senior loan facility of £3.5 million raised by A7 Greendykeside Limited to finance the construction costs of the wind farm.
The Company has entered into the following agreements:-On 4 April 2006, the Company registered a charge over its shares in Fenpower Limited to Alliance & Leicester plc (now Santander UK plc) as security for a senior loan facility of £4.8 million raised by Fenpower Limited to finance the construction costs of the wind farm.
The liability of the Company under this charge of shares is limited to the value of the Company’s investment in shares of A7 Greendykeside Limited.On 22 October 2008, the Company registered a charge over its shares in Achairn Energy Limited to Alliance & Leicester Commercial Finance plc (now Santander Asset Finance plc) as security for a senior loan facility of £6.9 million raised by Achairn Energy Limited to finance the construction costs of its wind farm.
The Company has entered into the following agreements:-On 22 October 2008, the Company registered a charge over its shares in Achairn Energy Limited to Alliance & Leicester Commercial Finance plc (now Santander Asset Finance plc) as security for a senior loan facility of £6.9 million raised by Achairn Energy Limited to finance the construction costs of the wind farm.
Accordingly, on and from the Part VII Effective Date, all rights, liabilities, obligations, powers, trusts, authorities, duties and discretions exercised or performed (or exercisable or performable) by Alliance & Leicester in its capacity as the Cash Manager under this Agreement prior to the Part VII Effective Date are deemed to have been exercised or performed (or to have been exercisable or performable) by Santander UK.
This is set out in Part 1 (on accompanying CD-ROM) of the Exhibit to a Mortgage Sale Agreement dated 28 November 2006 made between (1) Alliance & Leicester plc (2) Fosse Funding (No. 1) Limited (3) Fosse Trustee Limited and (4) The Bank of New York Mellon, London Branch and as may be further amended, restated, varied, supplemented and/or novated from time to time.
Accordingly, on and from the Part VII Effective Date, all rights, liabilities, obligations, powers, trusts, authorities, duties and discretions exercised or performed (or exercisable or performable) by Alliance & Leicester in its capacities as the Issuer Cash Manager under this Agreement prior to the Part VII Effective Date are deemed to have been exercised or performed (or to have been exercisable or performable) by Santander UK.
Accordingly, on and from the Part VII Effective Date, all rights, liabilities, obligations, powers, trusts, authorities, duties and discretions exercised or performed (or exercisable or performable) by Alliance & Leicester in its capacities as the Seller or the Servicer pursuant to this Agreement prior to the Part VII Effective Date are deemed to have been exercised or performed (or to have been exercisable or performable) by Santander UK.
The case of Alliance & Leicester (“A&L”) is a classic example not least because it set the tone of the regulator’s policy of compliance and enforcement that is still implemented today.39 A&L was ordered to pay the biggest fine for serious failings in the selling of PPI pre-crisis.40 However, A&L also agreed to implement a customer contract programme overseen by third-party accountants.