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Common use of Application of Monies Clause in Contracts

Application of Monies. The Master Issuer hereby agrees to apply any amounts received by way of prepayment pursuant to Clause 9.1 or Clause 9.2 to redeem, in full or in part, the relevant Master Issuer Notes.

Appears in 6 contracts

Samples: Master Intercompany Loan Agreement, Master Intercompany Loan Agreement, Master Intercompany Loan Agreement

Application of Monies. The Master Issuer hereby agrees to apply any amounts received by way of prepayment pursuant to Clause 9.1 (Prepayment for taxation or other reasons) or Clause 9.2 to redeem, (Prepayment at option of Master Issuer) in full or in part, making prepayments under the relevant Master Issuer Notes.

Appears in 5 contracts

Samples: Global Intercompany Loan Agreement (Granite Master Issuer PLC), Global Intercompany Loan Agreement (Granite Finance Trustees LTD), Global Intercompany Loan Agreement (Granite Finance Trustees LTD)

Application of Monies. The Master Issuer hereby agrees to apply any amounts received by way of prepayment pursuant to Clause 9.1 or Clause 9.2 to redeem, in full or in part, making prepayments under the relevant Master Issuer Notes.

Appears in 1 contract

Samples: Master Intercompany Loan Agreement (Holmes Funding LTD)