Common use of INITIAL FUNDING SHARE Clause in Contracts

INITIAL FUNDING SHARE. The "INITIAL FUNDING SHARE" of the Trust Property shall be {pound-sterling}86.61 at the date of this Deed and {pound-sterling}1,500,000,000 at the Initial Closing Date and the "INITIAL FUNDING SHARE PERCENTAGE" shall be the Initial Funding Share expressed as a percentage of the Trust Property at such date, that is to say, 86.61 per cent. References herein to the "FUNDING SHARE" shall mean, prior to the first Distribution Date, the Initial Funding Share and thereafter shall mean the Current Funding Share (as defined below).

INITIAL FUNDING SHARE. The "INITIAL FUNDING SHARE" of the Trust Property shall be {pound-sterling}86.61 at the (pound)86.61 aT THE date of this Deed and {pound-sterling}1,500,000,000 (pound)1,500,000,000 at the Initial Closing Date and the "INITIAL FUNDING SHARE PERCENTAGE" shall be the Initial Funding Share expressed as a percentage of the Trust Property at such date, that is to say, 86.61 per cent. References herein to the "FUNDING SHARE" shall mean, prior to the first Distribution Date, the Initial Funding Share and thereafter shall mean the Current Funding Share (as defined below).