Common use of Enforcement of Notes Clause in Contracts

Enforcement of Notes. The Note Trustee may, at its discretion and without notice at any time and from time to time, take such steps and institute such proceedings against the Current Issuer or any other person as it may think fit to enforce the provisions of the Notes, the Current Issuer Trust Deed (including these Conditions), the Current Issuer Deed of Charge or any of the other Transaction Documents. The Note Trustee may, at its discretion and without notice, at any time after the Current Issuer Security has become enforceable, take such steps as it may think fit to enforce the Current Issuer Security. The Note Trustee shall not be bound to take any such proceedings or steps unless:

Appears in 5 contracts

Samples: Granite Mortgages 03-3 PLC, Granite Mortgages 03-2 PLC, Granite Mortgages 03-1 PLC

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