Common use of Notification of termination or breach of representation Clause in Contracts

Notification of termination or breach of representation. The Account Bank will notify each Security Trustee, the Issuer, ParentCo and the Cash Administrator immediately upon becoming aware if, at any time before this Agreement is terminated in accordance with clause 10 (Termination and Resignation of Account Bank), any of the representations and warranties contained in clause 15 (Account Bank Representations and Warranties) ceases to be true.

Appears in 2 contracts

Sources: Account Bank Agreement, Account Bank Agreement

Notification of termination or breach of representation. The Account Bank will notify each the Borrower Security Trustee, the Issuer, ParentCo and the Cash Administrator Trustee immediately upon becoming aware if, at any time before this Agreement is terminated in accordance with clause 10 Clause 9 (Termination and Resignation of Account Bank), any of the representations and warranties contained in clause 15 Clause 14 (Account Bank Representations and Warranties) ceases cease to be true.

Appears in 1 contract

Sources: Borrower Account Bank Agreement