CURRENT SELLER SHARE. (a) On each Distribution Date, the "Current Seller Share" will be calculated by the Cash Manager in respect of the then-current Trust Calculation Period or the related Interim Calculation Period, as applicable, and will be an amount equal to: The aggregate amount of the Trust Property as at the Relevant Distribution Date - Current Funding Share
Appears in 5 contracts
Samples: Mortgages Trust Deed (Granite Mortgages 03-3 PLC), Mortgages Trust Deed (Granite Mortgages 03-1 PLC), Mortgages Trust Deed (Granite Mortgages 03-1 PLC)
CURRENT SELLER SHARE. (aA) On each Relevant Distribution Date, the "Current Seller Share" will be calculated by the Cash Manager in respect of the then-current Trust Calculation Period or the related Interim Calculation Period, as applicable, and will be an amount equal to: The aggregate amount of the Trust Property (excluding Revenue Receipts) as at the Relevant Distribution Date - minus the sum of the Current Funding Share and the Current Funding 2 Share
Appears in 2 contracts
Samples: Mortgages Trust Deed (Granite Finance Trustees LTD), Mortgages Trust Deed (Granite Finance Trustees LTD)
