Common use of Other Trust Property Clause in Contracts

Other Trust Property. (a) In accordance with this Deed, from time to time Funding and the Seller shall, subject to and in accordance with Clause 4 (Consideration), Clause 5 (Increasing the Seller Share of the Trust Property) and/or Clause 6 (Increasing the Funding Share of the Trust Property) provide consideration to the Mortgages Trustee in the form of Contributions to be applied by the Mortgages Trustee as set out in this Deed. Any Contribution so provided to the Mortgages Trustee shall, on receipt by the Mortgages Trustee and until it has been applied by the Mortgages Trustee in accordance with the terms of this Deed, form part of the Trust Property.

Appears in 10 contracts

Samples: Granite Mortgages 04-2 PLC, Granite Mortgages 04-1 PLC, Granite Mortgages 02-2 PLC

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Other Trust Property. (a) In accordance with this Deed, from time to time Funding and the Seller shall, subject to and in accordance with Clause Clauses 4 (Consideration), Clause 5 (Increasing the Seller Share of the Trust Property) and/or Clause 6 (Increasing the Funding Share of the Trust Property) provide consideration to the Mortgages Trustee in the form of Contributions to be applied by the Mortgages Trustee as set out in this Deed. Any Contribution so provided to the Mortgages Trustee shall, on receipt by the Mortgages Trustee and until it has been applied by the Mortgages Trustee in accordance with the terms of this Deed, form part of the Trust Property.

Appears in 1 contract

Samples: Granite Mortgages 02-2 PLC

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Other Trust Property. (aA) In accordance with this Deed, from time to time Funding and the Seller shall, subject to and in accordance with Clause 4 (Consideration), Clause 5 (Increasing and Decreasing the Seller Share of the Trust Property) and/or Clause 6 (Increasing the Funding Share and the Funding 2 Share of the Trust Property) provide consideration to the Mortgages Trustee in the form of Contributions to be applied by the Mortgages Trustee as set out in this Deed. Any Contribution so provided to the Mortgages Trustee shall, on receipt by the Mortgages Trustee and until it has been applied by the Mortgages Trustee in accordance with the terms of this Deed, form part of the Trust Property.

Appears in 1 contract

Samples: Granite Finance Trustees LTD

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