Common use of NO REQUIREMENT TO ACT Clause in Contracts

NO REQUIREMENT TO ACT. The Mortgages Trustee will not be bound and shall have no power to take any proceedings, actions or steps under or in connection with any of this Deed or the other Transaction Documents to which it is a party unless:

Appears in 21 contracts

Samples: Granite Mortgages 03-3 PLC, Granite Mortgages 02-2 PLC, Granite Mortgages 04-2 PLC

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NO REQUIREMENT TO ACT. 16.4 The Mortgages Trustee will shall not be bound and shall have no power to take any proceedings, actions or steps under or in connection with any of this Deed or the other Transaction Documents to which it is a party unless:

Appears in 1 contract

Samples: www.virginmoneyukplc.com

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