COVENANT OF THE MORTGAGES TRUSTEE. Subject to CLAUSE 16.2, the Mortgages Trustee covenants with each of the Seller and Funding 1 to exercise all of its rights arising under the Trust Property (including without limitation any rights of enforcement) for the benefit of and on behalf of the Beneficiaries.
Appears in 5 contracts
Samples: Mortgages Trust Deed (Permanent Mortgages Trustee LTD), Mortgage Trust Deed (Permanent Mortgages Trustee LTD), Mortgages Trust Deed (Permanent Mortgages Trustee LTD)
COVENANT OF THE MORTGAGES TRUSTEE. Subject to CLAUSE 16.2Clause 15.2, the Mortgages Trustee covenants with each of the Seller and Funding 1 to exercise all of its rights arising under the Trust Property (including without limitation any rights of enforcement) for the benefit of and on behalf of the Beneficiaries.
Appears in 4 contracts
Samples: Mortgages Trust Deed (Holmes Funding LTD), Mortgages Trust Deed (HOLMES FINANCING (No. 9) PLC), Mortgages Trust Deed (Holmes Financing No 8 PLC)
COVENANT OF THE MORTGAGES TRUSTEE. Subject to CLAUSE Clause 16.2, the Mortgages Trustee covenants with each of the Seller and Funding 1 to exercise all of its rights arising under the Trust Property (including without limitation any rights of enforcement) for the benefit of and on behalf of the Beneficiaries.
Appears in 2 contracts
Samples: Mortgages Trust Deed (Permanent Mortgages Trustee LTD), Mortgages Trust Deed (Permanent Mortgages Trustee LTD)
COVENANT OF THE MORTGAGES TRUSTEE. Subject to CLAUSE 16.213.2, the Mortgages Trustee covenants with each of the Seller and Funding 1 to exercise all of its rights arising under the Trust Property (including without limitation any rights of enforcement) for the benefit of and on behalf of the Beneficiaries.
Appears in 1 contract
