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

SALE AND PURCHASE OF NEW PORTFOLIOS. 4.1 Subject xx xxxxilment 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, Funding 1 and Funding 2 with a copy to each of the Funding 1 Security Trustee and the Funding 2 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 Subxxxx xx xxxxilment 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, Trustee and Funding 1 and Funding 2 with a copy to each of the Funding 1 Security Trustee and the Funding 2 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 xx xxxxilment xxxxxlment 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, Trustee and Funding 1 and Funding 2 with a copy to each of the Funding 1 Security Trustee and the Funding 2 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 xx xxxxilment Sxxxxxx xo 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, Funding 1 and Funding 2 with a copy to each of the Funding 1 Security Trustee and the Funding 2 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 xx xxxxilment to fxxxxxxxxt 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, Trustee and Funding 1 and Funding 2 with a copy to each of the Funding 1 Security Trustee and the Funding 2 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.