Common use of Change of Trustee Clause in Contracts

Change of Trustee. Except with the prior consent of the Mortgages Trustee and (for so long as each retains any right or interest in the Scottish Trust Property) Funding and the Security Trustee, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deed.

Appears in 14 contracts

Samples: Mortgage Sale Agreement, Mortgage Sale Agreement, Mortgage Sale Agreement

AutoNDA by SimpleDocs

Change of Trustee. Except with the prior consent of the Mortgages Trustee and (for so long as each retains any right or interest in the Scottish Trust Property) Funding 1 and the Security Trustee, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deed.

Appears in 10 contracts

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

Change of Trustee. Except with the prior consent of the Mortgages Trustee LLP and (for so long as each it retains any right or interest in the Scottish Trust Property) Funding and the Security Trustee, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deed.

Appears in 7 contracts

Samples: Mortgage Sale Agreement, Mortgage Sale Agreement, Mortgage Sale Agreement

Change of Trustee. Except with the prior consent of the Mortgages Trustee and (for so long as each retains any right or interest in the Scottish Trust Property) Funding 1 and the Funding 1 Security Trustee, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deed.

Appears in 5 contracts

Samples: Mortgage Sale Agreement, Mortgage Sale Agreement, Mortgage Sale Agreement

Change of Trustee. Except with the prior consent of the Mortgages Trustee and (for so long as each retains any right or interest in the Scottish Trust Property) Funding 1, Funding 2, the Funding 1 Security Trustee and the Funding 2 Security Trustee, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deed.

Appears in 4 contracts

Samples: Mortgage Sale Agreement, Mortgage Sale Agreement (Permanent Funding (No. 2) LTD), Mortgage Sale Agreement (Permanent Funding (No. 2) LTD)

Change of Trustee. Except with the prior written consent of the Mortgages Trustee or its foresaids and (for so long as each retains any right or interest in the Scottish Trust Property) Funding and the Security Trustee, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deedDeed.

Appears in 4 contracts

Samples: Mortgage Sale Agreement (Granite Mortgages 04-1 PLC), Mortgage Sale Agreement (Granite Mortgages 04-2 PLC), Mortgage Sale Agreement (Granite Finance Funding LTD)

Change of Trustee. Except with the prior written consent of the Mortgages Trustee or its foresaids and (for so long as each retains any right or interest in the Scottish Trust Property) the Funding Beneficiaries and the Funding Security TrusteeTrustees, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deedDeed.

Appears in 3 contracts

Samples: Mortgage Sale Agreement (Granite Finance Funding 2 LTD), Mortgage Sale Agreement (Granite Finance Trustees LTD), Mortgage Sale Agreement (Granite Finance Trustees LTD)

AutoNDA by SimpleDocs

Change of Trustee. Except with the prior consent of the Mortgages Trustee and (for so long as each retains any right or interest in the Scottish Trust Property) Funding the Issuer and the Security Trustee, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deed.

Appears in 1 contract

Samples: Mortgage Sale Agreement

Change of Trustee. Except with the prior written consent of the Mortgages Trustee Issuer and (for so long as each it retains any right or interest in the Scottish Trust Property) Funding and the Security Trustee, the Seller Originator shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deed.

Appears in 1 contract

Samples: Mortgage Sale Agreement

Change of Trustee. Except with the prior consent of the Mortgages Trustee and (for so long as each retains any right anyright or interest in the Scottish Trust Property) Funding 1 and the Security Trustee, the Seller shall not be entitled to resign office as a trustee or assume a new trustee or trustees under this deed.

Appears in 1 contract

Samples: Mortgage Sale Agreement (Permanent Mortgages Trustee LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!