Common use of Notification of Determinations Clause in Contracts

Notification of Determinations. The Cash Manager shall cause each determination of Principal Receipts, Revenue Receipts, Losses, Mortgages Trustee Available Revenue Receipts, the Funding Share, the Seller Share, the Funding Share Percentage, the Seller Share Percentage, the Weighted Average Funding Share Percentage, the Weighted Average Seller Share Percentage and the Minimum Seller Share to be notified forthwith to the Mortgages Trustee, the Beneficiaries and the Security Trustee and will cause each determination of Group 1 Available Principal Receipts, Group 2 Available Principal Receipts, Group 1 Available Revenue Receipts, Group 2 Available Revenue Receipts and the determinations made under paragraphs 1(c) and 1(d) above to be notified forthwith to Funding, the Security Trustee and the Issuer Cash Manager.

Appears in 6 contracts

Samples: Management Agreement (Granite Mortgages 03-3 PLC), Management Agreement (Granite Mortgages 03-2 PLC), Management Agreement (Granite Mortgages 03-2 PLC)

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