Granite Finance Funding definition

Granite Finance Funding. Limited Notes to Balance Sheet Period Ended Balance on Cash Accumulation Ledger 0 Available Credit Enhancement Reserve Fund at closing Last Quarter Closing Reserve Fund Drawings to make a bullet repayment Other drawings Closing Reserve Balance Target Reserve Fund Issuer Principal Deficiency Ledger AAA AA BBB Opening PDL Balance 0 0 0 Losses this Quarter 0 0 0 PDL top up from Revenue Income 0 0 0 Closing PDL Balance 0 0 0 Subordinated Loan Outstanding Initial Balance Last Quarter Closing Outstanding Accrued Interest Repayments Made Closing Balance SCHEDULE 4 Cash Manager Representations and Warranties The Cash Manager makes the following representations and warranties to each of the Mortgages Trustee, Funding and the Security Trustee:
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Granite Finance Funding. Limited Notes to Balance Sheet Period Ended Balance on Cash Accumulation Ledger 0 Available Credit Enhancement Reserve Fund at closing Last Quarter Closing Reserve Fund Drawings to make a bullet repayment Other drawings Closing Reserve Balance Target Reserve Fund Issuer Principal Deficiency Ledger AAA AA BBB Opening PDL Balance 0 0 0 Losses this Quarter 0 0 0 PDL top up from Revenue Income 0 0 0 Closing PDL Balance 0 0 0 Subordinated Loan Outstanding Initial Balance Last Quarter Closing Outstanding Accrued Interest Repayments Made Closing Balance SCHEDULE 3C Form of Funding 2 Quarterly Report Granite Finance Funding 2 Limited Profit & Loss Account Period Ended This Quarter Prior Quarter (GBP) 000's (GBP) 000's Interest Receivable - Mortgages Interest Receivable - Cash/ Authorised Investments 0 0 Interest Payable - Intercompany Loan Interest Payable 0 0 Other Income Operating Expenses Deferred Consideration Profit/loss on ordinary 0 0 activities before tax Taxation Profit/loss on ordinary 0 0 activities after tax Retained profit brought forward 0 0 Retained profit for the year 0 0
Sample 1
Granite Finance Funding. Limited Balance Sheet Period Ended (GBP) 000's (GBP) 000's Fixed Asset Investments Beneficial Interest in Mortgage Portfolio 0 Current Assets Interest Receivable 0 Deferred Expenditure (costs of Securing) 0 Other debtors 0 Cash at Bank 0 Creditors: Amounts falling due within one year Accruals 0 Deferred Consideration Creditor 0 Interest Payable Accrual 0 Taxation 0 ------------------ 0 ------------------ Net current assets 0 Creditors: Amounts falling due after one year Intercompany Loan 0 Start-up Loan(s) (specify) 0 ------------------- Total Assets less current liabilities 0 =================== Share Capital 0 Reserves 0 ------------------- 0 =================== Diff 0
Sample 1

Examples of Granite Finance Funding in a sentence

  • From the proceeds of the issue of those Current Issuer Notes, the Current Issuer shall make an Intercompany Loan to Granite Finance Funding Limited pursuant to the terms of the Current Issuer Intercompany Loan Agreement.

  • To: [Addressee(s)] In respect of the [Description of Funding Transaction Document or Funding Charged Property] [Date] Dear Sirs, Terms and expressions used in this letter are as defined in the Funding Deed of Charge (the "FUNDING DEED OF CHARGE") between Granite Finance Funding Limited (the "FUNDING"), The Bank of New York (the "SECURITY TRUSTEE") and others dated 26 March 2001.

  • SCHEDULE 1 FORM OF SECURITY POWER OF ATTORNEY THIS POWER OF ATTORNEY is made on 26 March 2001 by Granite Finance Funding Limited.

  • By virtue of a Funding Deed of Charge dated 26 March 2001 between Granite Finance Funding Limited, Granite Mortgages 01-1 plc, the Security Trustee, the Mortgages Trustee, the Cash Manager, the Account Bank, the Funding GIC Provider, the Corporate Services Provider, the Start-Up Loan Provider (as amended and supplemented from time to time, the "FUNDING DEED OF CHARGE"), provision was made for the execution by the Principal of this Power of Attorney.

  • SIGNED BY J.C. WALKER For and on behalf of Granite Finance Funding Limited XXXXXX XY NIGEL C.

  • From the proceeds of the issue of such Issuer Notes, the Master Issuer shall make advances of funds to Granite Finance Funding 2 Limited, pursuant to the terms of the Global Intercompany Loan Agreement.

  • SIGNED BY J.C. WALKER For and on behalf of Granite Finance Funding Limitex XXXXXX BY NIGEL C.

  • We hereby consent to the use in this Registration Statement on Form S-11 of our reports dated 13 May 2003 relating to the financial statements of Granite Mortgages 03-2 plc and Granite Finance Funding Limited, respectively, which appear in the Registration Statement.

  • We hereby consent to the use in this Registration Statement on Form S-11 of our reports dated 16 September 2003 relating to the financial statements of Granite Mortgages 03-3 plc and our report dated 16 May 2003 relating to the financial statements of Granite Finance Funding Limited, which appear in the Registration Statement.

  • We hereby consent to the inclusion in the prospectus of our reports dated 12 September 2002 relating to the financial statements of Granite Mortgages 02-2 plc and Granite Finance Funding Limited in the form and context in which they are included.


More Definitions of Granite Finance Funding

Granite Finance Funding. 2 Limited Notes to Balance Sheet Period Ended Balance on Cash Accumulation Ledger 0 Available Credit Enhancement Reserve Fund at closing Last Quarter Closing Reserve Fund Drawings to make a bullet repayment Other drawings Closing Reserve Balance Target Reserve Fund Subordinated Loan Outstanding Initial Balance Last Quarter Closing Outstanding Accrued Interest Repayments Made Closing Balance
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Granite Finance Funding. 2 Limited Notes to Balance Sheet Period Ended Balance on Cash Accumulation Ledger 0 Available Credit Enhancement Reserve Fund at closing Last Quarter Closing Reserve Fund Drawings to make a bullet repayment Other drawings Closing Reserve Balance Target Reserve Fund Subordinated Loan Outstanding Initial Balance Last Quarter Closing Outstanding Accrued Interest Repayments Made Closing Balance SCHEDULE 4 Cash Manager Representations and Warranties The Cash Manager makes the following representations and warranties to each of the Mortgages Trustee, Funding, Funding 2, the Security Trustee and the Funding 2 Security Trustee:
Sample 1
Granite Finance Funding. Limited Notes to Balance Sheet Period Ended Balance on Cash Accumulation Ledger 0 Available Credit Enhancement Reserve Fund at closing Last Quarter Closing Reserve Fund Drawings to make a bullet repayment Other drawings Closing Reserve Balance Target Reserve Fund Issuer Principal Deficiency Ledger AAA AA BBB Opening PDL Balance 0 0 0 Losses this Quarter 0 0 0 PDL top up from Revenue Income 0 0 0 Closing PDL Balance 0 0 0 Subordinated Loan Outstanding Initial Balance Last Quarter Closing Outstanding Accrued Interest Repayments Made Closing Balance
Sample 1

Related to Granite Finance Funding

  • Corporate Finance Fee means the fee to be paid to the Agent by the Issuer in consideration of corporate finance and structuring services provided by the Agent;

  • Finance Corp. means the Person named as “Finance Corp.” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable terms of this Indenture, and thereafter “Finance Corp.” shall mean such successor Person.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Finance Co means the Person named as such in the preamble of this Indenture under and until a successor replaces it pursuant to the applicable provision of this Indenture and thereafter means such successor.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Finance means the Division of Finance.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Citigroup Trust means each of Citigroup Capital III, Citigroup Capital XIII and Citigroup Capital XVIII, each a Delaware statutory trust, or any other similar trust created for the purpose of issuing preferred securities in connection with the issuances of junior subordinated notes under the junior subordinated debt indentures or the junior junior subordinated debt indenture.

  • Table funding means a settlement at which a mortgage loan is funded by a contemporaneous advance of loan funds and an assignment of the loan to the person advancing the funds.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Capital One means Capital One, National Association.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • National City National City Mortgage Co., or any successor thereto.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.