ADJUSTMENTS TO TRUST PROPERTY. (a) On each relevant Calculation Date, the aggregate Outstanding Principal Balance of the Loans constituting the Trust Property shall be reduced or, as the case may be, deemed to be reduced for the purposes of the calculation set out in "G" above, if any of the following events has occurred during the Calculation Period immediately preceding the relevant Calculation Date:
Appears in 7 contracts
Samples: Permanent Mortgages Trustee LTD, Permanent Financing (No. 5) PLC, Permanent Mortgages Trustee LTD
ADJUSTMENTS TO TRUST PROPERTY. (a) On each relevant Calculation Date, Relevant Distribution Date the aggregate Outstanding Principal Balance of the Loans constituting the Trust Property shall be reduced or, as the case may be, deemed to be reduced for the purposes of the calculation set out in "G" above, if any of the following events has occurred during in the Calculation Distribution Period immediately preceding ending on the relevant Calculation Relevant Distribution Date:
Appears in 4 contracts
Samples: Holmes Financing No 6 PLC, Holmes Financing No 8 PLC, HOLMES FINANCING (No. 9) PLC
ADJUSTMENTS TO TRUST PROPERTY. (a) On each relevant Calculation Date, Relevant Distribution Date the aggregate Outstanding Principal Balance of the Loans constituting comprised in the Trust Property shall be reduced or, as the case may be, deemed to be reduced for the purposes of the calculation set out in "GH" above, if any of the following events has occurred during in the Calculation Period immediately preceding the relevant Calculation DateDistribution Period:
Appears in 1 contract
Samples: Holmes Funding LTD