Common use of Termination and Appointment Clause in Contracts

Termination and Appointment. 12.1 A Dealer may terminate the arrangements described in this Agreement by giving not less than 15 days' written notice to the other parties hereto. The Issuer may terminate the appointment of a Dealer in relation to any Tranche by giving not less than 15 days' written notice to such Dealer (with a copy promptly thereafter to all the other Dealers, the Trustee, the Principal Paying Agent and the Registrar) of such Tranche. Termination shall not affect any rights or obligations (including but not limited to those arising under Clause 7 (Indemnity), 9 (Dealers' Undertakings) or 11 (Fees, Expenses and Stamp Duty) of this Agreement) which have accrued at the time of termination or which accrue thereafter in relation to any act or omission or alleged act or omission which occurred prior to such time. Termination shall not affect the past, present or future rights and obligations of the other parties to this Agreement. 12.2 The Issuer may, with the prior approval of the Arranger, appoint one or more additional Dealers (for the duration of the Programme or on an issue by issue basis) upon the terms of this Agreement provided that: 12.2.1 the Issuer promptly gives the Trustee, the Principal Paying Agent, the Issue Agent, the Registrar and (in the case of the appointment of any additional Dealer for the duration of the Programme) all of the other Dealers written notice of appointment of any such additional Dealer; and 12.2.2 any such additional Dealer shall have first delivered to the Issuer a Dealer Accession Letter substantially in the form set out at Schedule 3 hereto and the Issuer shall have confirmed such appointment as specified therein, whereupon such additional Dealer shall, subject to the terms of such Dealer Accession Letter, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of such an additional Dealer for the duration of the Programme, following the issue of the Temporary Global Note or, as the case may be, the Registered Notes in respect of the relevant Tranche, the relevant additional Dealer shall have no further obligations except such as may have accrued or been incurred prior to or in connection with the issue of the relevant Temporary Global Note or, as the case may be, the Registered Notes. 12.3 The Issuer shall forthwith supply to the Trustee, the Principal Paying Agent, the Issue Agent and the Registrar and (in the case of the appointment of any additional Dealer for the duration of the Programme) the other Dealers a copy of each Dealer Accession Letter.

Termination and Appointment. 12.1 A 11.1 The Issuer or (as to itself) a Dealer may terminate the arrangements described in this Agreement by giving not less than 15 days' written notice to the other parties hereto. The Issuer may terminate the appointment of a Dealer in relation to any Tranche of Notes by giving not less than 15 days' written notice to such Dealer (with a copy promptly thereafter to all the other DealersTrustee, the TrusteeIssue Agent, the Principal Paying Agent and the Registrar) of such Tranche. Termination shall not affect any rights or obligations (including but not limited to those arising under Clause 7 (Indemnity)Clauses 6, 9 (Dealers' Undertakings) 8 or 11 (Fees, Expenses and Stamp Duty) 10 of this Agreement) which have accrued at the time of termination or which accrue thereafter in relation to any act or omission or alleged act or omission which occurred prior to such time. Termination shall not affect the past, present or future rights and obligations of the other parties to this Agreement. 12.2 11.2 The Issuer may, with the prior approval of the Arranger, appoint one or more additional Dealers (for the duration of the Programme or on an issue by issue basis) upon the terms of this Agreement provided that: 12.2.1 11.2.1 the Issuer promptly gives the Trustee, the Principal Paying Issue Agent, the Issue Principal Paying Agent, the Registrar and (in the case of the appointment of any additional Dealer for the duration of the Programme) all of the other Dealers written notice of appointment of any such additional Dealer; and 12.2.2 11.2.2 unless such appointment is effected pursuant to a Syndication Agreement, any such additional Dealer shall have first delivered to the Issuer a Dealer Accession Letter substantially in the form set out at in Part A or, as the case may be, Part B of Schedule 3 hereto and the Issuer shall have confirmed such appointment as specified therein, whereupon such additional Dealer shall, subject to the terms of such Dealer Accession Letter, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of such an additional Dealer for the duration of the Programme, following the issue of the Temporary Global Note or, as the case may be, the Registered Notes in respect of the relevant Tranche, the relevant additional Dealer shall have no further obligations except such as may have accrued or been incurred prior to or in connection with the issue of the relevant Temporary Global Note or, as the case may be, the Registered Notes. 12.3 11.3 The Issuer shall forthwith supply to the Trustee, the Principal Paying Agent, the Issue Agent and the Registrar and (in the case of the appointment of any additional Dealer for the duration of the Programme) the other Dealers a copy of each Dealer Accession Letter.

Termination and Appointment. 12.1 A 11.1 The Issuer or (as to itself) a Dealer may terminate the arrangements described in this Agreement by giving not less than 15 days' written notice to the other parties hereto. The Issuer may terminate the appointment of a Dealer in relation to any Tranche of Notes by giving not less than 15 days' written notice to such Dealer (with a copy promptly thereafter to all the other DealersTrustee, the TrusteeIssue Agent, the Principal Paying Agent and the Registrar) of such Tranche. Termination shall not affect any rights or obligations (including but not limited to those arising under Clause 7 (Indemnity)Clauses 6, 9 (Dealers' Undertakings) 8 or 11 (Fees, Expenses and Stamp Duty) 10 of this Agreement) which have accrued at the time of termination or which accrue thereafter in relation to any act or omission or alleged act or omission which occurred prior to such time. Termination shall not affect the past, present or future rights and obligations of the other parties to this Agreement. 12.2 11.2 The Issuer may, with the prior approval of the Arranger, appoint one or more additional Dealers (for the duration of the Programme or on an issue by issue basis) upon the terms of this Agreement provided that:that:‌ 12.2.1 11.2.1 the Issuer promptly gives the Trustee, the Principal Paying Issue Agent, the Issue Principal Paying Agent, the Registrar and (in the case of the appointment of any additional Dealer for the duration of the Programme) all of the other Dealers written notice of appointment of any such additional Dealer; and 12.2.2 11.2.2 unless such appointment is effected pursuant to a Syndication Agreement, any such additional Dealer shall have first delivered to the Issuer a Dealer Accession Letter substantially in the form set out at in Part A or, as the case may be, Part B of Schedule 3 hereto and the Issuer shall have confirmed such appointment as specified therein, whereupon such additional Dealer shall, subject to the terms of such Dealer Accession Letter, become a party to this Agreement, vested with all authority, rights, powers, duties and obligations of a Dealer as if originally named as a Dealer hereunder provided further that, except in the case of the appointment of such an additional Dealer for the duration of the Programme, following the issue of the Temporary Global Note or, as the case may be, the Registered Notes in respect of the relevant Tranche, the relevant additional Dealer shall have no further obligations except such as may have accrued or been incurred prior to or in connection with the issue of the relevant Temporary Global Note or, as the case may be, the Registered Notes. 12.3 11.3 The Issuer shall forthwith supply to the Trustee, the Principal Paying Agent, the Issue Agent and the Registrar and (in the case of the appointment of any additional Dealer for the duration of the Programme) the other Dealers a copy of each Dealer Accession Letter.