Common use of No Transfer of Obligations Clause in Contracts

No Transfer of Obligations. Notwithstanding anything else in this Current Issuer Deed of Charge, it is hereby agreed that dispositions of property effected in or pursuant to this Clause 3 (Current Issuer Security) do not transfer obligations, and nothing herein shall be construed as a transfer of obligations to, the Note Trustee.

Appears in 15 contracts

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

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