Common use of Acknowledgement of Security Clause in Contracts

Acknowledgement of Security. In respect of each relevant Series of ETP Securities, each party to this Determination Agency Agreement acknowledges an assignment by way of security, in favour of the Trustee, of all of the Issuer’s rights, title, interest and benefit present and future in, to and under this Determination Agency Agreement.

Acknowledgement of Security. In respect of each relevant Series of ETP Securities, each party to this Determination Agency Agreement acknowledges an assignment by way of security, in favour of the Trustee, pursuant to the relevant Trust Deed for the Series, of all of the Issuer’s rights, title, interest and benefit present and future in, to and under this Determination Agency AgreementAgreement to the extent that they relate to such Series of ETP Securities.

Acknowledgement of Security. In respect of each relevant Series of ETP Securities, each party to this Determination Agency Agreement acknowledges an assignment by way of security, in favour of the Trustee, pursuant to the relevant Trust Deed for the Series, of all of the Issuer’s rights, title, interest and benefit present and future in, to and under this Determination Agency AgreementAgreement to the extent that they relate to such Series of ETP Securities.