ADJUSTMENTS TO TRUST PROPERTY. If any of the following events has occurred during a Trust Calculation Period, then (subject to the Cash Manager receiving notice or otherwise being aware of the occurrence of the event) for the purposes of making the Trust Property Calculation Adjustments, the aggregate Current Balance of the Mortgage Loans constituting the Trust Property shall be reduced or, as the case may be, deemed to be reduced:
Appears in 4 contracts
Samples: Granite Mortgages 03-3 PLC, Granite Mortgages 03-1 PLC, Granite Finance Trustees LTD
ADJUSTMENTS TO TRUST PROPERTY. If any of the following events has occurred during a Trust Calculation Period, then (subject to the Cash Manager receiving notice or otherwise being aware of the occurrence of the event) for the purposes of making the Trust Property Calculation Adjustments, the aggregate Current Balance of the Mortgage Loans constituting in the Trust Property Mortgage Portfolio shall be reduced or, as the case may be, deemed to be reduced:
Appears in 1 contract
Samples: Granite Finance Trustees LTD
