Notice of Assignment and Acknowledgement. The Master Issuer Account Bank agrees that promptly upon receipt of a notice of assignment signed by the Master Issuer in (or substantially in) the form of notice set out in Part 1 of Schedule 2 hereto, the Master Issuer Account Bank shall sign and duly return to the Master Issuer, with a copy to the Master Issuer Security Trustee, an acknowledgement in (or substantially in) the form of acknowledgement set out in Part 2 of Schedule 2.
Appears in 3 contracts
Sources: Master Issuer Bank Account Agreement (Permanent Funding (No. 2) LTD), Master Issuer Bank Account Agreement (Permanent Funding (No. 2) LTD), Master Issuer Bank Account Agreement (Permanent Funding (No. 2) LTD)