Application of Monies. Each Issuer hereby agrees to apply any amounts received by way of prepayment pursuant to Clause 8.1 (Prepayment for taxation or other reasons) or Clause 8.2 (Prepayment at option of Issuer) in making prepayments under the relevant Notes issued by such Issuer.
Appears in 6 contracts
Samples: Intercompany Loan Agreement (Granite Mortgages 04-1 PLC), Intercompany Loan Agreement (Granite Mortgages 03-2 PLC), Agreement (Granite Mortgages 03-2 PLC)
Application of Monies. Each The Issuer hereby agrees to apply any amounts received by way of prepayment pursuant to Clause 8.1 (Prepayment for taxation Clauses 9.1 and 9.2 to redeem, in full or other reasons) or Clause 8.2 (Prepayment at option of Issuer) in making prepayments under part, the relevant Notes issued by such Issuersubject to and in accordance with the applicable Issuer Priority of Payments.
Appears in 4 contracts
Samples: Intercompany Loan Agreement, Intercompany Loan Agreement, Intercompanyloan Agreement
Application of Monies. Each The Issuer hereby agrees to apply any amounts received by way of prepayment pursuant to Clause Clauses 7.1 (Repayment on Interest Payment Dates) and 8.1 (Prepayment for taxation or other reasons) or Clause 8.2 (Prepayment at option of Issuer) in making prepayments under the relevant Notes issued by such IssuerNotes.
Appears in 2 contracts
Samples: Agreement (HOLMES FINANCING (No. 9) PLC), Agreement (HOLMES FINANCING (No. 9) PLC)
