Apportionment. The Note Trustee shall be entitled in its absolute discretion to determine in respect of which Series of Current Issuer Notes any costs, charges, expenses or liabilities incurred under these presents have been incurred or to allocate such costs, charges, expenses or liabilities between two or more Series of Current Issuer Notes.
Appears in 9 contracts
Samples: Issuer Trust Deed (Granite Mortgages 03-3 PLC), Issuer Trust Deed (Granite Mortgages 03-3 PLC), Issuer Trust Deed (Granite Mortgages 04-1 PLC)
Apportionment. The Note Trustee shall be entitled in its absolute discretion to determine in respect of which Series and Class of Current Issuer Notes any costs, charges, expenses or liabilities Liabilities incurred under these presents have been incurred or to allocate such costs, charges, expenses or liabilities between two or more Series and Classes of Current Issuer Notes.
Appears in 2 contracts
Samples: Second Amended Issuer Trust Deed (Granite Finance Trustees LTD), Issuer Trust Deed (Granite Finance Funding 2 LTD)
Apportionment. The Note Trustee shall be entitled in its absolute discretion to determine in respect of which Series and Class of Current Issuer Notes any costs, charges, expenses or liabilities incurred under these presents have been incurred or to allocate such costs, charges, expenses or liabilities between two or more Series and Classes of Current Issuer Notes.
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