Effect of Acceptance. (a) A Warehouse Trust Direction must be executed in the same manner that a Supplementary Terms Notice is to be executed under clause 6.3(e). (b) If the Trustee accepts a Warehouse Trust Direction under clause 11.1, it shall: (i) enter into, or ensure that there is in place, a relevant Warehouse Facility Agreement; (ii) acquire or originate the Receivables (as the case may be), and otherwise comply with the Warehouse Trust Direction.
Appears in 6 contracts
Sources: Master Trust Deed (Crusade Management LTD), Master Trust Deed (Crusade Management LTD), Master Trust Deed (Crusade Management LTD)
Effect of Acceptance. (a) A Warehouse Trust Direction must be executed in the same manner that a Supplementary Terms Notice is to be executed under accordance with clause 6.3(e13.3(e).
(b) If the Trustee accepts a Warehouse Trust Direction under clause 11.17.1, it shall:
(i) enter into, or ensure that there is in place, a relevant Warehouse Facility Agreement;
(ii) acquire or originate the Receivables (as the case may be), and otherwise comply with the Warehouse Trust Direction.
Appears in 3 contracts
Sources: Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD)