ACQUISITION BY SELLER OF AN INTEREST RELATING TO CAPITALISED INTEREST. 6.1 Any increase in the Outstanding Principal Balance of a Loan due to Capitalised Interest will be allocated to the Funding 1 Share of the Trust Property and to the Seller Share of the Trust Property, based on respectively the Funding 1 Share Percentage and the Seller Share Percentage in the Trust Property as calculated on the most recent Calculation Date.
Appears in 6 contracts
Samples: Permanent Mortgages Trustee LTD, Permanent Financing (No. 6) PLC, Permanent Mortgages Trustee LTD
ACQUISITION BY SELLER OF AN INTEREST RELATING TO CAPITALISED INTEREST. 6.1 5.1 Any increase in the Outstanding Principal Balance of a Loan due to Capitalised Interest will be allocated to the Funding 1 Share of the Trust Property and to the Seller Share of the Trust Property, based on respectively the Funding 1 Share Percentage and the Seller Share Percentage in the Trust Property as calculated on the most recent Calculation previous Distribution Date.
Appears in 4 contracts
Samples: Holmes Financing No 8 PLC, HOLMES FINANCING (No. 9) PLC, HOLMES FINANCING (No. 9) PLC
ACQUISITION BY SELLER OF AN INTEREST RELATING TO CAPITALISED INTEREST. 6.1 5.1 Any increase in the Outstanding Principal Balance of a Loan due to Capitalised Arrears, Capitalised Expenses, Capitalised Interest or a Borrower making drawings under Flexible Loans will be allocated to the Funding 1 Share of the Trust Property and to the Seller Share of the Trust PropertyShare, based on respectively the Funding 1 Share Percentage and the Seller Share Percentage in the Trust Property as calculated on the most recent Calculation previous Distribution Date.
Appears in 1 contract
Samples: Holmes Funding LTD
