ACKNOWLEDGEMENT OF NEW INTERCOMPANY LOANS. The [{circle}] Issuer hereby acknowledges and agrees that from time to time Funding may enter into New Intercompany Loans with New Issuers and that the obligation of Funding to repay this [{circle}] Issuer Intercompany Loan will rank pari passu with the obligations of Funding to repay any such New Intercompany Loan.
Appears in 4 contracts
Samples: Agreement (Granite Mortgages 03-2 PLC), Intercompany Loan Agreement (Granite Mortgages 03-2 PLC), Intercompany Loan Agreement (Granite Mortgages 04-3 PLC)
