Appointment Conditional. The appointment pursuant to Clause 2.1 herein is conditional upon the issue of the First Issuer Notes having taken place and shall take effect upon and from the Initial Closing Date automatically without any further action on the part of any person PROVIDED THAT if the issue of the First Issuer Notes has not occurred by 30 April 2001, or such later date as the First Issuer and the Lead Manager may agree, this Agreement shall cease to be of further effect.
Appears in 13 contracts
Samples: Administration Agreement (Granite Mortgages 03-3 PLC), Administration Agreement (Granite Mortgages 03-3 PLC), Administration Agreement (Granite Mortgages 04-3 PLC)
Appointment Conditional. The appointment pursuant to Clause 2.1 (Appointment) herein is conditional upon the issue of the First Issuer Notes having taken place and shall take effect upon and from the Initial Closing Date automatically without any further action on the part of any person PROVIDED THAT if the issue of the First Issuer Notes has not occurred by 30 April 2001, or such later date as the First Issuer and the Lead Manager may agree, this Agreement shall cease to be of further effect.
Appears in 4 contracts
Samples: Administration Agreement (Granite Finance Funding 2 LTD), Administration Agreement (Granite Finance Trustees LTD), Administration Agreement (Granite Finance Trustees LTD)