Scottish Trust Property means the Scottish Receivables, the Vehicles relating to such Scottish Receivables and all Collections received in respect of such Scottish Receivables, together with all Ancillary Rights, funds, property, interest, right, title and proceeds, deriving from or relating to such Scottish Receivables (other than Excluded Amounts) held in trust pursuant to a Scottish Declaration of Trust.
Scottish Trust Property means the Scottish Loans and the Scottish Mortgages and other Related Security relative thereto, brief particulars of which Scottish Loans and Related Security are detailed in the Schedule annexed and executed as relative hereto, and all principal sums, including any Further Advances and Flexible Loan Drawings, present or future, interest and expenses comprised therein and secured thereby, together with:
Scottish Trust Property has the meaning given to it in each Scottish Trust Deed and means, collectively, the whole trust property forming the subjects of each such Scottish Trust Deed;
Examples of Scottish Trust Property in a sentence
Except with the prior consent of the LLP and (for so long as it retains any right or interest in the Scottish Trust Property) the Security Trustee, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deed.
The Seller hereby DECLARES that from and after the date hereof the Seller holds and subject to Clause 6 hereof, shall henceforth hold the Scottish Trust Property and its whole right, title and interest, present and future, therein and thereto in trust absolutely for the LLP and its assignees (whether absolutely or in security) whomsoever.
This deed and the trust hereby declared and created shall not be varied in any respect without the consent in writing of the LLP or its foresaids and (for so long as it retains any right or interest in the Scottish Trust Property) the Security Trustee.
More Definitions of Scottish Trust Property
Scottish Trust Property means the Scottish Mortgages, brief particulars of which are detailed in the Schedule annexed and executed as relative hereto, and all principal, interest and expenses, including all further advances present and future, comprised therein and secured thereby, together with:-
Scottish Trust Property means, with respect to Scottish Receivables only, all of the Offeror's rights, title and interest to and in:
Scottish Trust Property means the Scottish Mortgage Loans and their Related Security and the Scottish Mortgages pertaining thereto, brief details of which are specified in a form agreed between the Seller and the Mortgages Trustee and stored by the Seller in a password protected file on a secure drive accessible upon request by the Mortgages Trustee (as supplemented from time to time by any Scottish Mortgage Loans and their Related Security and the Scottish Mortgages pertaining thereto brief details of which will be specified in such form agreed between the Seller and the Mortgages Trustee and stored by the Seller in a password protected file on a secure drive accessible upon request by the Mortgages Trustee in respect of any Scottish Trust Supplement executed on any Transfer Date or otherwise following the Closing Date) and all principal sums, including any further advances and retentions, present or future, interest and expenses comprised therein and secured thereby, together with:
Scottish Trust Property means the Scottish Loans and their Related Security brief particulars of which are detailed in the schedule annexed and executed as relative hereto (the Schedule) (other than any such Scottish Loans which have been redeemed in full prior to the date of this deed) and any Product Switch or Further Advances made in respect of such Scottish Loans, and all right, title, interest and benefit of the Seller to:
Scottish Trust Property means the Scottish Mortgage Loans and their Related Security and the Scottish Mortgages pertaining thereto, brief details of which are specified in the Schedule annexed and executed as relative hereto (as supplemented from time to time by any Scottish Mortgage Loans and their Related Security and the Scottish Mortgages pertaining thereto brief details of which are specified in the Schedule to any Scottish Trust Supplement executed on any Transfer Date or otherwise following the Closing Date) and all principal sums, including any further advances and retentions, present or future, interest and expenses comprised therein and secured thereby, together with:
Scottish Trust Property means the Scottish Loans and their Related Security brief particulars of which are detailed in the schedule annexed and executed as relative hereto (the Schedule) and any Further Advances, Flexible Loan Drawings, Delayed Cashbacks and Home Cash Reserve Advances made in respect of such Scottish Loans, and all right, title, interest and benefit of the Seller to:
Scottish Trust Property means the Scottish Mortgages, brief particulars of which are detailed in the Schedule annexed and executed as relative hereto, and all principal, interest and expenses, including all further advances present and future, comprised therein and secured thereby, together with:- the whole matters pertaining thereto specified and referred to in Clause 3.2(A) of the Mortgage Sale Agreement; and the collateral security present and future for such Scottish Mortgages; and all monies, rights, interest, benefits and others pertaining thereto or deriving therefrom; and all powers and remedies for enforcing the same; and all proceeds of sale deriving therefrom in the event of the enforcement of any of the Scottish Mortgages. Declaration of Trust The Transferor hereby DECLARES that from and after the date hereof it holds and, subject to Clause 6 hereof, shall henceforth hold the Scottish Trust Property and its whole right, title and interest, present and future, therein and thereto in trust absolutely for the Transferee and its assignees (whether absolutely or in security) whomsoever.