NO ACTION TO IMPAIR TRUST PROPERTY. Except for actions expressly authorised by this Deed, the Mortgages Trustee shall take no action reasonably likely to impair the interests of the Beneficiaries in any Trust Property now existing or hereafter created or to impair the value of any Mortgage Loan or its Related Security subject to the Mortgages Trust.
Appears in 6 contracts
Samples: Granite Mortgages 02-1 PLC, Granite Mortgages 03-2 PLC, Granite Mortgages 02-2 PLC
NO ACTION TO IMPAIR TRUST PROPERTY. Except for actions expressly authorised by this Deed, the Mortgages Trustee shall take no action reasonably likely to impair the interests of the Beneficiaries in any Trust Property now existing or hereafter created or to impair the value of any Mortgage Loan or its Related Security subject to the Mortgages Trust.
Appears in 2 contracts
Samples: Permanent Mortgages Trustee LTD, Permanent Mortgages Trustee LTD
