Effect of Termination or Resignation. (a) On and after termination or resignation of the appointment of the Current Issuer Cash Manager under this Agreement pursuant to this Clause 12, all authority and power of the Current Issuer Cash Manager under this Agreement shall be terminated and be of no further effect and the Current Issuer Cash Manager shall not thereafter hold itself out in any way as the agent of the Current Issuer or the Note Trustee pursuant to this Agreement.
Appears in 15 contracts
Samples: Issuer Cash Management Agreement (Granite Mortgages 03-2 PLC), Management Agreement (Granite Mortgages 04-2 PLC), Management Agreement (Granite Mortgages 04-3 PLC)
Effect of Termination or Resignation. (a) On and after termination or resignation of the appointment of the Current Issuer Cash Manager under this Agreement pursuant to this Clause 12, all authority and power of the Current Issuer Cash Manager under this Agreement shall be terminated and be of no further effect and the Current Issuer Cash Manager shall not thereafter hold itself out in any way as the agent of the Current Issuer Mortgages Trustee, Funding or the Note Security Trustee pursuant to this Agreement.
Appears in 12 contracts
Samples: Management Agreement (Granite Mortgages 03-3 PLC), Management Agreement (Granite Mortgages 03-1 PLC), Management Agreement (Granite Mortgages 03-2 PLC)
Effect of Termination or Resignation. (a) On and after termination or resignation of the appointment of the Current Issuer Cash Manager under this Agreement and the other Issuer Transaction Documents pursuant to this Clause 1211, all authority and power of the Current Issuer Cash Manager under this Agreement shall be terminated and be of no further effect and the Current Issuer Cash Manager shall not thereafter hold itself out in any way as the agent of the Current Master Issuer or the Note Issuer Security Trustee pursuant to this Agreement.
Appears in 2 contracts
Samples: Management Agreement (Granite Finance Funding 2 LTD), Management Agreement (Granite Finance Trustees LTD)
Effect of Termination or Resignation. (a) On and after termination or resignation of the appointment of the Current Issuer Cash Manager under this Agreement pursuant to this Clause 1211, all authority and power of the Current Issuer Cash Manager under this Agreement shall be terminated and be of no further effect and the Current Issuer Cash Manager shall not thereafter hold itself out in any way as the agent of the Current Master Issuer or the Note Issuer Security Trustee pursuant to this Agreement.
Appears in 1 contract
Samples: Management Agreement (Granite Finance Trustees LTD)
