CONDITIONS PRECEDENT TO ACCEPTANCE OF OFFER. On each occasion that the Seller offers to make a payment to Funding 1 of the amount outstanding under an Intercompany Loan (referred to in this CLAUSE 7 as the RELEVANT INTERCOMPANY LOAN), then Funding 1 may accept that offer but only if:
Appears in 4 contracts
Samples: Permanent Financing (No. 5) PLC, Permanent Mortgages Trustee LTD, Permanent Mortgages Trustee LTD
CONDITIONS PRECEDENT TO ACCEPTANCE OF OFFER. On each occasion that the Seller offers to make a payment to Funding 1 of the amount outstanding under an Intercompany Loan (referred to in this CLAUSE Clause 7 as the RELEVANT INTERCOMPANY LOANrelevant Intercompany Loan), then Funding 1 may accept that offer but only if:
Appears in 1 contract
Samples: Permanent Mortgages Trustee LTD
CONDITIONS PRECEDENT TO ACCEPTANCE OF OFFER. On each occasion that Funding may accept any offer by the Seller offers to make a payment to Funding 1 of pay the amount outstanding under any Series of an Intercompany Loan (referred to in this CLAUSE 7 6 as the "RELEVANT INTERCOMPANY LOAN"), then Funding 1 may accept that offer but only if:
Appears in 1 contract
Samples: Holmes Financing No 6 PLC
CONDITIONS PRECEDENT TO ACCEPTANCE OF OFFER. On each occasion that the Seller offers to make a payment to Funding 1 of the amount outstanding under an Intercompany Loan (referred to in this CLAUSE Clause 7 as the RELEVANT INTERCOMPANY LOAN), then Funding 1 may accept that offer but only if:
Appears in 1 contract
Samples: Permanent Mortgages Trustee LTD
CONDITIONS PRECEDENT TO ACCEPTANCE OF OFFER. On each occasion that the Seller offers to make a payment to Funding 1 of the amount outstanding under an Intercompany Loan (referred to in this CLAUSE 7 as the "RELEVANT INTERCOMPANY LOAN"), then Funding 1 may accept that offer but only if:
Appears in 1 contract
Samples: Permanent Mortgages Trustee LTD