Common use of CHANGE OF SPECIFIED OFFICE Clause in Contracts

CHANGE OF SPECIFIED OFFICE. If any Agent shall determine to change its Specified Office (which, in the case of each Paying Agent, may only be effected within the same city where each Paying Agent currently has its Specified Office), it shall give to the Current Issuer and the Note Trustee written notice of such determination giving the address of the new Specified Office and stating the date on which such change is to take effect, which date shall not be less than 30 days after the date of such notice, provided that no such notice shall take effect within the period of 30 days before or after any Payment Date. The Current Issuer shall, within 40 days of receipt of such notice (unless the appointment is pursuant to a revocation or termination under Clause 15.2 (Revocation) or Clause 15.3 (Automatic Termination) above on or prior to the date of such change), give to the Noteholders notice of such change as approved by the Note Trustee and of the address of the Specified Office in accordance with the Current Issuer Conditions but the costs of giving such notice shall be borne by such Agent changing its office and not by the Current Issuer.

Appears in 11 contracts

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 03-3 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Finance Trustees LTD), Agreement (Granite Mortgages 03-1 PLC)

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CHANGE OF SPECIFIED OFFICE. If any Agent shall determine to change its Specified Office (which, in the case of each the Paying AgentAgents, may only be effected within the same city where each Paying Agent currently has its Specified Office), city) it shall give to the Current Master Issuer, the Master Issuer Security Trustee and the Note Trustee written notice of such determination giving the address of the new Specified Office and stating the date on which such change is to take effect, which date shall not be less than 30 days after the date of such notice, provided that no such notice shall take effect within the period of 30 days before or after any Interest Payment Date. The Current Master Issuer shall, within 40 days of receipt of such notice (unless the appointment is pursuant to a revocation or termination under Clause 15.2 (Revocation) 12.2 or Clause 15.3 (Automatic Termination) 12.3 above on or prior to the date of such change), give to the Noteholders notice of such change as approved by the Note Trustee and of the address of the Specified Office in accordance with the Current Issuer Conditions Condition 14 but the costs of giving such notice shall be borne by such Agent changing its office and not by the Current Master Issuer.

Appears in 4 contracts

Samples: Master Issuer Paying Agent and Agent Bank Agreement, Master Issuerpaying Agent and Agent Bank Agreement, Master Issuer Paying Agent and Agent Bank Agreement (Holmes Funding LTD)

CHANGE OF SPECIFIED OFFICE. If any Agent shall determine to change its Specified Office (which, in the case of each Paying Agent, may only be effected within the same city where each Paying Agent currently has its Specified Office), it shall give to the Current Master Issuer and the Note Trustee written notice of such determination giving the address of the new Specified Office and stating the date on which such change is to take effect, which date shall not be less than 30 days after the date of such notice, provided that no such notice shall take effect within the period of 30 days before or after any Note Payment Date. The Current Master Issuer shall, within 40 days of receipt of such notice (unless the appointment is pursuant to a revocation or termination under Clause 15.2 (Revocation) or Clause 15.3 (Automatic Termination) above on or prior to the date of such change), give to the Noteholders notice of such change as approved by the Note Trustee and of the address of the Specified Office in accordance with the Current Issuer Conditions but the costs of giving such notice shall be borne by such Agent changing its office and not by the Current Master Issuer.

Appears in 2 contracts

Samples: Agreement (Granite Finance Funding 2 LTD), Calculation Agency Agreement (Granite Finance Trustees LTD)

CHANGE OF SPECIFIED OFFICE. If any Agent shall determine to change its Specified Office (which, in the case of each the Paying AgentAgents, may only be effected within the same city where each Paying Agent currently has its Specified Office), city) it shall give to the Current Eighth Issuer and the Note Trustee written notice of such determination giving the address of the new Specified Office and stating the date on which such change is to take effect, which date shall not be less than 30 days after the date of such notice, provided that no such notice shall take effect within the period of 30 days before or after any Interest Payment Date. The Current Eighth Issuer shall, within 40 days of receipt of such notice (unless the appointment is pursuant to a revocation or termination under Clause 15.2 (Revocation) CLAUSE 12.2 or Clause 15.3 (Automatic Termination) CLAUSE 12.3 above on or prior to the date of such change), give to the Noteholders notice of such change as approved by the Note Trustee and of the address of the Specified Office in accordance with the Current Issuer Conditions CONDITION 15 but the costs of giving such notice shall be borne by such Agent changing its office and not by the Current Eighth Issuer.

Appears in 2 contracts

Samples: Permanent Financing (No. 8) PLC, Permanent Mortgages Trustee LTD

CHANGE OF SPECIFIED OFFICE. If any Agent shall determine to change its Specified Office (which, in the case of each Paying Agent, may only be effected within the same city where each Paying Agent currently has its Specified Office), it shall give to the Current Issuer and the Note Trustee written notice of such determination giving the address of the new Specified Office and stating the date on which such change is to take effect, which date shall not be less than 30 days after the date of such notice, provided that no such notice shall take effect within the period of 30 days before or after any Interest Payment Date or Payment Date. The Current Issuer shall, within 40 days of receipt of such notice (unless the appointment is pursuant to a revocation or termination under Clause 15.2 (Revocation) or Clause 15.3 (Automatic Termination) above on or prior to the date of such change), give to the Noteholders notice of such change as approved by the Note Trustee and of the address of the Specified Office in accordance with the Current Issuer Conditions but the costs of giving such notice shall be borne by such Agent changing its office and not by the Current Issuer.

Appears in 1 contract

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-1 PLC)

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CHANGE OF SPECIFIED OFFICE. If any Agent shall determine to change its Specified Office (which, in the case of each Paying Agent, may only be effected within the same city where each Paying Agent currently has its Specified Office), it shall give to the Current Issuer and the Note Trustee written notice of such determination giving the address of the new Specified Office and stating the date on which such change is to take effect, which date shall not be less than 30 days after the date of such notice, provided that no such notice shall take effect within the period of from and including 30 days before or after prior to and including 30 days after, any Payment Datedue date for payment in respect of any Note. The Current Issuer shall, within 40 14 days of receipt of such notice (unless the appointment is pursuant to a revocation or termination under Clause 15.2 (Revocation) or Clause 15.3 (Automatic Termination) above on or prior to the date of such change), give to the Noteholders notice of such change as approved by the Note Trustee and of the address of the Specified Office in accordance with the Current Issuer Conditions but the costs of giving such notice shall be borne by such Agent changing its office and not by the Current Issuer.

Appears in 1 contract

Samples: Agency Agreement

CHANGE OF SPECIFIED OFFICE. If any Agent shall determine to change its Specified Office (which, in the case of each Paying Agent, may only be effected within the same city where each Paying Agent currently has its Specified Office), it shall give to the Current Issuer and the Note Trustee written notice of such determination giving the address of the new Specified Office and stating the date on which such change is to take effect, which date shall not be less than 30 days after the date of such notice, provided that no such notice shall take effect within the period of 30 days before or after any Payment Date. The Current Issuer shall, within 40 days of receipt of such notice (unless the appointment is pursuant to a revocation or termination under Clause 15.2 (RevocationREVOCATION) or Clause 15.3 (Automatic TerminationAUTOMATIC TERMINATION) above on or prior to the date of such change), give to the Noteholders notice of such change as approved by the Note Trustee and of the address of the Specified Office in accordance with the Current Issuer Conditions but the costs of giving such notice shall be borne by such Agent changing its office and not by the Current Issuer.

Appears in 1 contract

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 02-2 PLC)

CHANGE OF SPECIFIED OFFICE. If any Agent shall determine to change its Specified Office (which, in the case of each Paying Agent, may only be effected within the same city where each Paying Agent currently has its Specified Office), it shall give to the Current Master Issuer and the Note Trustee written notice of such determination giving the address of the new Specified Office and stating the date on which such change is to take effect, which date shall not be less than 30 days after the date of such notice, provided that no such notice shall take effect within the period of 30 days before or after any Payment Date. The Current Master Issuer shall, within 40 days of receipt of such notice (unless the appointment is pursuant to a revocation or termination under Clause 15.2 (Revocation) or Clause 15.3 (Automatic Termination) above on or prior to the date of such change), give to the Noteholders notice of such change as approved by the Note Trustee and of the address of the Specified Office in accordance with the Current Issuer Conditions but the costs of giving such notice shall be borne by such Agent changing its office and not by the Current Master Issuer.

Appears in 1 contract

Samples: Calculation Agency Agreement (Granite Finance Trustees LTD)

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