Further Compensation. Upon resignation by, or termination of the appointment of, the Administrator under the provisions of this Clause 19, the Administrator shall be entitled to receive all fees and other monies accrued up to the date of resignation or termination, as the case may be, but shall not be entitled to any other or further compensation. Such monies so receivable by the Administrator shall be paid by the Mortgages Trustee on the dates on which they would otherwise have fallen due hereunder. For the avoidance of doubt, such resignation or termination shall not affect the Administrator's rights to receive payment of all amounts (if any) due to it from the Mortgages Trustee other than under this Agreement.
Appears in 11 contracts
Samples: Execution Version (Granite Mortgages 03-2 PLC), Administration Agreement (Granite Mortgages 03-3 PLC), Administration Agreement (Granite Mortgages 03-2 PLC)
Further Compensation. Upon resignation by, or termination of the appointment of, the Administrator under the provisions of this Clause 19, the Administrator shall be entitled to receive all fees and other monies accrued up to the date of resignation or termination, as the case may be, but shall not be entitled to any other or further compensation. Such monies so receivable by the Administrator shall be paid by the Mortgages Trustee on the dates on which they would otherwise have fallen due hereunder. For the avoidance of doubt, such resignation or termination shall not affect the Administrator's rights to receive payment of all amounts (if any) due to it from the Mortgages Trustee other than under this Agreement.due
Appears in 3 contracts
Samples: Administration Agreement (Granite Mortgages 03-3 PLC), Administration Agreement (Granite Mortgages 04-2 PLC), Administration Agreement (Granite Mortgages 03-1 PLC)