Common use of Deposit of Proceeds of Notes Clause in Contracts

Deposit of Proceeds of Notes. In order for the issue and due authentication and delivery of the Series 2007-1 Notes referred to in Clause 3.1 to be effected, payments of subscription monies for the Series 2007-1 Notes shall be made in favour of the Issuer or to its order in such account as specified or directed by the Issuer for value on the Issue Date by the Dealers, being a sterling equivalent amount equal to £500,000,000;

Deposit of Proceeds of Notes. In order for the issue and due authentication and delivery of the Series 20072005-1 A Notes referred to in Clause 3.1 to be effected, payments of subscription monies for the Series 20072005-1 A Notes shall be made in favour of the Issuer or to its order in such account as specified or directed by the Issuer for value on the Issue Date by the Dealers, being a sterling equivalent amount equal to £500,000,000[POUND]1,445,086,705;

Deposit of Proceeds of Notes. In order for the issue and due authentication and delivery of the Series 20072005-1 B Notes referred to in Clause 3.1 to be effected, payments of subscription monies for the Series 20072005-1 B Notes shall be made in favour of the Issuer or to its order in such account as specified or directed by the Issuer for value on the Issue Date by the Dealers, being a sterling equivalent amount equal to £500,000,000[POUND]1,445,844,992;

Deposit of Proceeds of Notes. In order for the issue and due authentication and delivery of the Series 20072006-1 2 Notes referred to in Clause 3.1 to be effected, payments of subscription monies for the Series 20072006-1 2 Notes shall be made in favour of the Issuer or to its order in such account as specified or directed by the Issuer for value on the Issue Date by the Dealers, being a sterling equivalent amount equal to £500,000,000397,035,469;