Examples of Funding Deed in a sentence
For the avoidance of doubt, the parties to this Agreement acknowledge that the rights, protections and obligations of the Security Trustee under this Agreement are governed by the Funding Deed of Charge.
If any Intercompany Loan Enforcement Notice is served, this facility shall be cancelled and the Advance (and any interest capitalised pursuant to Clause 3.4) and accrued interest shall, subject to the Funding Deed of Charge, become immediately due and payable.
Except for due registration of the Funding Deed of Charge under Section 395 of the Companies Xxx 0000, it is not necessary that the Funding Deed of Charge or this Agreement be filed, recorded or enrolled with any authority or that, except for registration fees payable to the Registrar of Companies in respect of the Funding Deed of Charge, any stamp, registration or similar tax be paid on or in respect thereof.
The security conferred by the Funding Deed of Charge constitutes a first priority security interest of the type described, and over the security assets referred to, in the Funding Deed of Charge and the Funding Charged Property is not subject to any prior or pari passu Security Interests.
The terms and conditions of Clause 7 and this Clause 8 are to be read in conjunction with the provisions of the Funding Deed of Charge, as the same may be modified from time to time in accordance with the provisions thereof.