ADJUSTMENTS TO TRUST PROPERTY. If any of the following events has occurred during a Trust Calculation Period, then (subject to the Cash Manager receiving notice or otherwise being aware of the occurrence of the event) for the purposes of the calculation in "G" of Clauses 8.2(a) or 8.2(b) above, the aggregate Current Balance of the Mortgage Loans constituting the Trust Property shall be reduced or, as the case may be, deemed to be reduced:
Appears in 4 contracts
Samples: Granite Mortgages 03-1 PLC, Granite Mortgages 02-1 PLC, Granite Mortgages 02-2 PLC
ADJUSTMENTS TO TRUST PROPERTY. If any of the following events has occurred during a Trust Calculation Period, then (subject to the Cash Manager receiving notice or otherwise being aware of the occurrence of the event) for the purposes of the calculation in "G" of Clauses 8.2(a), 8.2(b) or 8.2(b8.2(c) above, the aggregate Current Balance of the Mortgage Loans constituting the Trust Property shall be reduced or, as the case may be, deemed to be reduced:
Appears in 2 contracts
Samples: Granite Mortgages 03-2 PLC, Granite Mortgages 02-1 PLC
ADJUSTMENTS TO TRUST PROPERTY. If any of the following events has occurred during a Trust Calculation Period, then (subject to the Cash Manager receiving notice or otherwise being aware of the occurrence of the event) for the purposes of the calculation in "G" of Clauses 8.2(a) or 8.2(b) abovemaking the Trust Property Calculation Adjustments, the aggregate Current Balance of the Mortgage Loans constituting the Trust Property shall be reduced or, as the case may be, deemed to be reduced:
Appears in 2 contracts
Samples: Granite Mortgages 04-1 PLC, Granite Mortgages 03-3 PLC
