Common use of On trust Clause in Contracts

On trust. The Note Trustee shall hold the benefit of the covenants contained in this Clause 4 (Covenant of Compliance) upon trust for itself and the Noteholders according to its and their respective interests.

Appears in 20 contracts

Sources: Issuer Trust Deed (Granite Mortgages 04-1 PLC), Second Amended Issuer Trust Deed (Granite Finance Trustees LTD), Issuer Trust Deed (Granite Finance Trustees LTD)