Common use of SALE AND PURCHASE OF NEW PORTFOLIOS Clause in Contracts

SALE AND PURCHASE OF NEW PORTFOLIOS. 4.1 Subject to fulfilment of the conditions set out in Clauses 2.2, 3.1, 4.2 (or as applicable, 4.3) and 4.4 and the restriction set out in Clause 2.3, if the Seller shall, at any time and from time to time serve a properly completed New Portfolio Notice on the Mortgages Trustee and Funding 1 with a copy to the Security Trustee (such service to be in the Seller’s sole discretion), the Seller agrees that on the date for completion of the sale specified in such New Portfolio Notice the Seller shall sell with full title guarantee (or in relation to rights and assets situated in or governed by the law of Scotland with absolute warrandice) to the Mortgages Trustee the relevant New Portfolio.

SALE AND PURCHASE OF NEW PORTFOLIOS. 4.1 Subject to fulfilment of the conditions set out in Clauses 2.2, 3.1, 4.2 (or as applicable, and 4.3) and 4.4 and the restriction set out in Clause 2.3, if the Seller shall, at any time and from time to time serve a properly completed New Portfolio Notice on the Mortgages Trustee and Funding 1 with a copy to the Security Trustee (such service to be in the Seller’s 's sole discretion), the Seller agrees that then on the date for completion of the sale and assignment specified in such the New Portfolio Notice the Seller shall sell with full title guarantee (or in relation to rights and assets situated in or governed by the law of Scotland Scotland, with absolute warrandice) to the Mortgages Trustee the relevant New Portfolio.

SALE AND PURCHASE OF NEW PORTFOLIOS. 4.1 Subject to fulfilment of the conditions set out in Clauses CLAUSES 2.2, 3.1, 4.2 (or as applicable, 4.3) and 4.4 and the restriction set out in Clause CLAUSE 2.3, if the Seller shall, at any time and from time to time serve a properly completed New Portfolio Notice on the Mortgages Trustee and Funding 1 with a copy to the Security Trustee (such service to be in the Seller’s 's sole discretion), the Seller agrees that on the date for completion of the sale specified in such New Portfolio Notice the Seller shall sell with full title guarantee (or in relation to rights and assets situated in or governed by the law of Scotland with absolute warrandice) to the Mortgages Trustee the relevant New Portfolio.

SALE AND PURCHASE OF NEW PORTFOLIOS. 4.1 Subject to fulfilment tx xxxxxxment of the conditions set out in Clauses CLAUSES 2.2, 3.1, 4.2 (or as applicable, and 4.3) and 4.4 and the restriction set out in Clause 2.3, if the Seller shall, at any time and from time to time serve a properly completed New Portfolio Notice on the Mortgages Trustee and Funding 1 with a copy to the Funding Security Trustee (such service to be in the Seller’s 's sole discretion), the Seller agrees that then on the date for completion of the sale assignment and transfer specified in such the New Portfolio Notice the Seller shall sell assign and transfer with full title guarantee (or in relation to rights and assets situated in or governed by the law of Scotland Scotland, with absolute warrandice) to the Mortgages Trustee the relevant New Portfolio.

SALE AND PURCHASE OF NEW PORTFOLIOS. 4.1 Subject to fulfilment tx xxxxxxment of the conditions set out in Clauses 2.2, 3.1, 4.2 (or as applicable, and 4.3) and 4.4 and the restriction set out in Clause 2.3, if the Seller shall, at any time and from time to time serve a properly completed New Portfolio Notice on the Mortgages Trustee and Funding 1 with a copy to the Security Trustee (such service to be in the Seller’s 's sole discretion), the Seller agrees that then on the date for completion of the sale and assignment specified in such the New Portfolio Notice the Seller shall sell with full title guarantee (or in relation to rights and assets situated in or governed by the law of Scotland Scotland, with absolute warrandice) to the Mortgages Trustee the relevant New Portfolio.

SALE AND PURCHASE OF NEW PORTFOLIOS. 4.1 Subject to fulfilment Subjexx xx xxlfilment of the conditions set out in Clauses 2.2, 3.1, 4.2 (or as applicable, and 4.3) and 4.4 and the restriction set out in Clause 2.3, if the Seller shall, at any time and from time to time serve a properly completed New Portfolio Notice on the Mortgages Trustee and Funding 1 with a copy to the Security Trustee (such service to be in the Seller’s 's sole discretion), the Seller agrees that then on the date for completion of the sale and assignment specified in such the New Portfolio Notice the Seller shall sell with full title guarantee (or in relation to rights and assets situated in or governed by the law of Scotland Scotland, with absolute warrandice) to the Mortgages Trustee the relevant New Portfolio.

SALE AND PURCHASE OF NEW PORTFOLIOS. 4.1 Subject to fulfilment xx xxxxilment of the conditions set out in Clauses 2.2, 3.1, 4.2 (or as applicable, and 4.3) and 4.4 and the restriction set out in Clause 2.3, if the Seller shall, at any time and from time to time serve a properly completed New Portfolio Notice on the Mortgages Trustee and Funding 1 with a copy to the Security Trustee (such service to be in the Seller’s 's sole discretion), the Seller agrees that then on the date for completion of the sale and assignment specified in such the New Portfolio Notice the Seller shall sell with full title guarantee (or in relation to rights and assets situated in or governed by the law of Scotland Scotland, with absolute warrandice) to the Mortgages Trustee the relevant New Portfolio.