Basic Terms Modifications. (i) An Extraordinary Resolution of the Class A Noteholders concerning a Basic Terms Modification will not be effective unless it shall have been sanctioned by an Extraordinary Resolution of the Class B Noteholders, an Extraordinary Resolution of the Class M Noteholders and an Extraordinary Resolution of the Class C Noteholders.
Appears in 2 contracts
Samples: Granite Mortgages 04-1 PLC, Granite Mortgages 04-1 PLC
Basic Terms Modifications. (i) An Extraordinary Resolution of the Class A Noteholders concerning a Basic Terms Modification will not be effective unless it shall have been sanctioned by an Extraordinary Resolution of the Class B Noteholders, an Extraordinary Resolution of the Series 2 Class M Noteholders and an Extraordinary Resolution of the Class C Noteholders.
Appears in 1 contract
Samples: Granite Mortgages 03-2 PLC
Basic Terms Modifications. (i) An Extraordinary Resolution of the Class A Noteholders concerning a Basic Terms Modification will not be effective unless it shall have been sanctioned by an Extraordinary Resolution of the Class B Noteholders, an Extraordinary Resolution of the Class M Noteholders and an Extraordinary Resolution of the Class C Noteholders.
Appears in 1 contract
Samples: Granite Mortgages 03-1 PLC
