Early Repayment Charges. The Cash Manager shall withdraw any Early Repayment Charges paid into the Mortgages Trustee Transaction Account or the Mortgages Trustee GIC Account and pay the same to the Seller, by telegraphic transfer to such account as may be specified by the Seller from time to time, promptly following a request for such withdrawal being received from the Seller. For the avoidance of doubt, the Cash Manager shall not record the receipt or withdrawal of Early Repayment Charges in any of the ledgers maintained under this Agreement.
Appears in 12 contracts
Samples: Cash Management Agreement (Granite Mortgages 03-1 PLC), Management Agreement (Granite Mortgages 03-2 PLC), Management Agreement (Granite Mortgages 02-1 PLC)
Early Repayment Charges. The Cash Manager shall withdraw any Early Repayment Charges paid into the Mortgages Trustee Transaction Account or the Mortgages Trustee GIC Account Bank Accounts and pay the same to the Seller, by telegraphic transfer to such account as may be specified by the Seller from time to time, promptly following a request for such withdrawal being received from the Seller. For the avoidance of doubt, the Cash Manager shall not record the receipt or withdrawal of Early Repayment Charges in any of the ledgers maintained under this Agreement.
Appears in 4 contracts
Samples: Management Agreement (Granite Finance Funding 2 LTD), Management Agreement (Granite Finance Funding 2 LTD), Management Agreement (Granite Finance Trustees LTD)
