Common use of CLOSING TRUST PROPERTY Clause in Contracts

CLOSING TRUST PROPERTY. Pursuant to the provisions of the Mortgage Sale Agreement, the Seller intends to assign the Initial Mortgage Portfolio to the Mortgages Trustee on the Initial Closing Date, which Initial Mortgage Portfolio including all related rights and benefits shall form part of the Trust Property (the "CLOSING TRUST PROPERTY").

Appears in 6 contracts

Samples: Granite Mortgages 02-1 PLC, Granite Mortgages 03-2 PLC, Granite Mortgages 02-1 PLC

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