Common use of Determination of questions Clause in Contracts

Determination of questions. the Note Trustee as between itself and the other Secured Creditors shall have full power to determine all questions and doubts arising in relation to any of the provisions of the Security Documents and every such determination, whether made upon a question actually raised or implied in the acts or proceedings of the Note Trustee, shall be conclusive and shall bind the Note Trustee and the other Secured Creditors;

Appears in 2 contracts

Sources: Turquoise Funding Note Trust Deed (Turquoise Receivables Trustee LTD), Note Trust Deed (Arran Funding LTD)

Determination of questions. the The Note Trustee as between itself and the other Secured Creditors shall have full power to determine all questions and doubts arising in relation to any of the provisions of the Security Documents and every such determination, whether made upon a question actually raised or implied in the acts or proceedings of the Note Trustee, shall be conclusive and shall bind the Note Trustee and the other Secured Creditors;.

Appears in 1 contract

Sources: Note Trust Deed (Barclaycard Funding PLC)