COVENANT OF THE MORTGAGES TRUSTEE. Subject to Clause 17.2 (Directions from Beneficiaries) the Mortgages Trustee covenants with each of the Seller and Funding to exercise all of its rights arising under or in respect of the Trust Property (including without limitation any rights of enforcement) for the benefit of and on behalf of the Beneficiaries.
Appears in 11 contracts
Samples: Granite Mortgages 02-2 PLC, Granite Mortgages 03-1 PLC, Granite Mortgages 04-2 PLC
COVENANT OF THE MORTGAGES TRUSTEE. Subject to Clause 17.2 (Directions from Beneficiaries) CLAUSE 16.2, the Mortgages Trustee covenants with each of the Seller and Funding 1 to exercise all of its rights arising under or in respect of the Trust Property (including without limitation any rights of enforcement) for the benefit of and on behalf of the Beneficiaries.
Appears in 5 contracts
Samples: Permanent Mortgages Trustee LTD, Permanent Mortgages Trustee LTD, Permanent Mortgages Trustee LTD
COVENANT OF THE MORTGAGES TRUSTEE. Subject to Clause 17.2 (Directions from Beneficiaries) 15.2, the Mortgages Trustee covenants with each of the Seller and Funding to exercise all of its rights arising under or in respect of the Trust Property (including without limitation any rights of enforcement) for the benefit of and on behalf of the Beneficiaries.
Appears in 4 contracts
Samples: HOLMES FINANCING (No. 9) PLC, Holmes Financing No 8 PLC, HOLMES FINANCING (No. 9) PLC
COVENANT OF THE MORTGAGES TRUSTEE. Subject to Clause 17.2 (Directions from Beneficiaries) 16.2, the Mortgages Trustee covenants with each of the Seller and Funding 1 to exercise all of its rights arising under or in respect of the Trust Property (including without limitation any rights of enforcement) for the benefit of and on behalf of the Beneficiaries.
Appears in 2 contracts
Samples: Permanent Mortgages Trustee LTD, Permanent Mortgages Trustee LTD
COVENANT OF THE MORTGAGES TRUSTEE. Subject to Clause 17.2 (Directions from Beneficiaries) CLAUSE 13.2, the Mortgages Trustee covenants with each of the Seller and Funding to exercise all of its rights arising under or in respect of the Trust Property (including without limitation any rights of enforcement) for the benefit of and on behalf of the Beneficiaries.
Appears in 1 contract
Samples: Holmes Financing No 6 PLC