Multiple Trustees. Whenever there shall be more than two trustees hereof, the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions vested by this Second Priority Funding Deed of Charge and any of the other Funding Transaction Documents in the Security Trustee generally.
Appears in 4 contracts
Samples: Granite Mortgages 04-1 PLC, Granite Mortgages 04-3 PLC, Granite Mortgages 04-1 PLC
Multiple Trustees. Whenever there shall be more than two trustees hereof, the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions vested by this Second Priority Funding Deed of Charge these presents and any of the other Funding Issuer Transaction Documents in the Issuer Security Trustee generally.
Appears in 3 contracts
Samples: Granite Finance Funding 2 LTD, Granite Finance Trustees LTD, Granite Finance Trustees LTD
Multiple Trustees. Whenever there shall be more than two trustees hereof, the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions vested by this Second Priority Funding Deed of Charge and any of the other Funding Transaction Documents in the Security Trustee generally.
Appears in 1 contract
Samples: Holmes Financing No 6 PLC
Multiple Trustees. Whenever there shall be more than two trustees hereof, the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions vested by this Second Priority Funding Deed of Charge and any of the other Funding Transaction Documents in the Security Trustee generally.
Appears in 1 contract
Samples: Granite Mortgages 03-2 PLC
