Trust Property. Subject to this Clause 3 (Conditions Precedent), the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding (as to
Appears in 5 contracts
Samples: Granite Mortgages 03-3 PLC, Granite Mortgages 04-1 PLC, Granite Mortgages 03-2 PLC
Trust Property. Subject to this Clause 3 (Conditions Precedent)CLAUSE 3, the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding 1 (as toto the Funding 1 Share) and for the Seller (as to the Seller Share) as tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed.
Appears in 5 contracts
Samples: Permanent Financing (No. 5) PLC, Permanent Mortgages Trustee LTD, Permanent Mortgages Trustee LTD
Trust Property. Subject to this Clause 3 (Conditions Precedent)3, the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding (as toto the Funding Share) and for the Seller (as to the Seller Share) as tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed.
Appears in 3 contracts
Samples: HOLMES FINANCING (No. 9) PLC, HOLMES FINANCING (No. 9) PLC, Holmes Financing No 8 PLC
Trust Property. Subject to this Clause 3 (Conditions Precedent), the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding (as toto the Funding Share) and for the Seller (as to the Seller Share) as tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed (such that each Beneficiary shall have an undivided beneficial interest in the Trust Property). As used herein, "TRUST
Appears in 2 contracts
Samples: Granite Mortgages 03-3 PLC, Granite Mortgages 02-1 PLC
Trust Property. Subject to this Clause 3 (Conditions Precedent)3, the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding 1 (as toto the Funding 1 Share) and for the Seller (as to the Seller Share) as tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed.
Appears in 1 contract
Samples: Permanent Mortgages Trustee LTD
Trust Property. Subject to this Clause 3 (Conditions Precedent), the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding, Funding 2 and for the Seller as tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed (as tosuch that each Beneficiary shall have an undivided beneficial interest in the Trust Property). As used herein, "
Appears in 1 contract
Samples: Granite Finance Trustees LTD
Trust Property. Subject to this Clause 3 (Conditions Precedent)3, the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding (as toto the Funding Share Percentage) and for the Seller (as to the Seller Share Percentage) as beneficial tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed.
Appears in 1 contract
Samples: Holmes Funding LTD
Trust Property. Subject to this Clause 3 (Conditions Precedent), the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding 1 (as toto the Funding 1 Share) and for the Seller (as to the Seller Share) as tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed.
Appears in 1 contract
Samples: Permanent Mortgages Trustee LTD
Trust Property. Subject to this Clause 3 (Conditions Precedent)CLAUSE 3, the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding (as toto the Funding Share) and for the Seller (as to the Seller Share) as tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed.
Appears in 1 contract
Samples: Holmes Financing No 6 PLC