Common use of Extra Remuneration Clause in Contracts

Extra Remuneration. In the event of the occurrence of a Note Event of Default or the Note Trustee considering it expedient or necessary or being requested by the Current Issuer to undertake duties which the Note Trustee and the Current Issuer agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Note Trustee under these presents, the Current Issuer shall pay to the Note Trustee such additional remuneration as shall be agreed between them;

Appears in 16 contracts

Samples: Issuer Trust Deed (Granite Mortgages 02-2 PLC), Issuer Trust Deed (Granite Mortgages 03-1 PLC), Issuer Trust Deed (Granite Mortgages 03-3 PLC)

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Extra Remuneration. In the event of the occurrence of a Potential Note Event of Default or a Note Event of Default or the Note Trustee considering it expedient or necessary or being requested by the Current Master Issuer to undertake duties which the Note Trustee and the Current Master Issuer agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Note Trustee under these presents, the Current Master Issuer shall pay to the Note Trustee such additional remuneration and on such Monthly Payment Dates as shall shall, in each case, be agreed between them;

Appears in 1 contract

Samples: Second Amended Issuer Trust Deed (Granite Finance Trustees LTD)

Extra Remuneration. In the event of the occurrence of a Potential Note Event of Default or a Note Event of Default or the Note Trustee considering it expedient or necessary or being requested by the Current Master Issuer to undertake duties which the Note Trustee and the Current Master Issuer agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Note Trustee under these presents, the Current Master Issuer shall pay to the Note Trustee such additional remuneration as shall be agreed between them;

Appears in 1 contract

Samples: Issuer Trust Deed (Granite Finance Funding 2 LTD)

Extra Remuneration. In the event of the occurrence of a Note an Issuer Event of Default or the Note Trustee considering it expedient or necessary or being requested by the Current Master Issuer to undertake duties which the Note Trustee and the Current Master Issuer agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Note Trustee under these presents, the Current Master Issuer shall pay to the Note Trustee such additional remuneration as shall be agreed between them;

Appears in 1 contract

Samples: Issuer Trust Deed (Granite Finance Trustees LTD)

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Extra Remuneration. In the event of the occurrence of a Note Event of Default or the Note Trustee considering it expedient or necessary or being requested by the Current Issuer to undertake duties which the Note Trustee and the Current Issuer agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Note Trustee under these presents, the Current Issuer shall pay to the Note Trustee such additional remuneration as shall be agreed between them;.

Appears in 1 contract

Samples: Issuer Trust Deed (Granite Mortgages 04-1 PLC)

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