Common use of Existing Borrowers' Re-Fix Rate Clause in Contracts

Existing Borrowers' Re-Fix Rate. (a) The Administrator shall, in relation to each Fixed Rate Mortgage Loan, serve on the Seller as agent for and on behalf of, inter alia, the Mortgages Trustee and the Beneficiaries the notice referred to in Clause 8.6(a) of the Mortgage Sale Agreement sixty (60) days before the expiry of the initial fixed rate period (as defined in Clause 8.6(a) of the Mortgage Sale Agreement) applicable to that Fixed Rate Mortgage Loan.

Appears in 11 contracts

Samples: Administration Agreement (Granite Mortgages 03-3 PLC), Administration Agreement (Granite Mortgages 04-3 PLC), Administration Agreement (Granite Mortgages 03-1 PLC)

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Existing Borrowers' Re-Fix Rate. (a) The Administrator Servicer shall, in relation to each Fixed Rate Mortgage Loan, serve on the Seller as agent for and on behalf of, inter aliaalios, the Mortgages Trustee and the Beneficiaries the notice referred to in Clause 8.6(a) of the Mortgage Sale Agreement sixty (60) days before the expiry of the initial fixed rate period (as defined in Clause 8.6(a) of the Mortgage Sale Agreement) applicable to that Fixed Rate Mortgage Loan.

Appears in 3 contracts

Samples: Administration Agreement (Granite Finance Funding 2 LTD), Administration Agreement (Granite Finance Trustees LTD), Administration Agreement (Granite Finance Trustees LTD)

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Existing Borrowers' Re-Fix Rate. (a) The Administrator shall, in relation to each Fixed Rate Mortgage Loan, serve on the Seller as agent for and on behalf of, inter aliaalios, the Mortgages Trustee and the Beneficiaries the notice referred to in Clause 8.6(a) of the Mortgage Sale Agreement sixty (60) days before the expiry of the initial fixed rate period (as defined in Clause 8.6(a) of the Mortgage Sale Agreement) applicable to that Fixed Rate Mortgage Loan.

Appears in 1 contract

Samples: Administration Agreement (Granite Finance Trustees LTD)

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