FLEXIBLE MORTGAGE LOANS. Overpayments in respect of any Flexible Mortgage Loan (including the amount of any Together Connections Benefit applied to the related Together Connections Mortgage Loans or any Connections Benefit applied to the related Connections Mortgage Loans) will not be retained in the Mortgages Trustee GIC Account but will be distributed to the Beneficiaries on the immediately succeeding Distribution Date as Principal Receipts.
Appears in 2 contracts
Samples: Granite Finance Trustees LTD, Granite Finance Trustees LTD
FLEXIBLE MORTGAGE LOANS. Overpayments in respect of any Flexible Mortgage Loan (including the amount of any Together Connections Benefit applied to the related Together Connections Mortgage Loans or any Connections Benefit applied to the related Connections Mortgage Loans) will not be retained in the Mortgages Trustee GIC Account but will be distributed to the Beneficiaries on the immediately succeeding Distribution Date as Principal Receipts.
Appears in 2 contracts
Samples: Granite Mortgages 02-2 PLC, Granite Mortgages 02-1 PLC
FLEXIBLE MORTGAGE LOANS. Overpayments in respect of any Flexible Mortgage Loan (including the amount of any Together Connections Benefit applied to the related Together Connections Mortgage Loans or any Connections Benefit applied to the related Connections Mortgage Loans) will not be retained in the Mortgages Trustee GIC Account but will be distributed to the Beneficiaries on the immediately succeeding Distribution Date as Principal Receipts.
Appears in 1 contract
Samples: Granite Mortgages 02-2 PLC
