INITIAL SELLER SHARE. The Initial Seller Share of the Trust Property was the total amount of the Trust Property minus the Initial Funding 1 Share as at 13th June, 2002. As at the Initial Closing Date, the Initial Seller Share was {pound-sterling}6,500,000,065 and the Initial Seller Share Percentage was equal to 100 per cent. minus the Initial Funding 1 Share Percentage, such percentage being 65 per cent.
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Samples: Mortgage Trust Deed (Permanent Mortgages Trustee LTD), Mortgages Trust Deed (Permanent Mortgages Trustee LTD), Mortgages Trust Deed (Permanent Financing (No. 5) PLC)
INITIAL SELLER SHARE. The Initial Seller Share of the Trust Property was the total amount of the Trust Property minus the Initial Funding 1 Share as at 13th June, 2002. As at the Initial Closing Date, the Initial Seller Share was {pound-sterling}6,500,000,065 [GBP]6,638,679,574.44 and the Initial Seller Share Percentage was equal to 100 per cent. minus the Initial Funding 1 Share Percentage, such percentage being 65 65.62 per cent.
Appears in 2 contracts
Samples: Mortgages Trust Deed (Permanent Mortgages Trustee LTD), Mortgages Trust Deed (Permanent Financing (No. 6) PLC)
INITIAL SELLER SHARE. The Initial Seller Share of the Trust Property was the total amount of the Trust Property minus the Initial Funding 1 Share as at 13th June, 2002. As at the Initial Closing Date, the Initial Seller Share was {pound-sterling}6,500,000,065 (pound)6,638,679,574.44 and the Initial Seller Share Percentage was equal to 100 per cent. minus the Initial Funding 1 Share Percentage, such percentage being 65 65.62 per cent.
Appears in 1 contract
Samples: Mortgages Trust Deed (Permanent Mortgages Trustee LTD)
INITIAL SELLER SHARE. The Initial Seller Share of the Trust Property was the total amount of the Trust Property minus the Initial Funding 1 Share as at 13th June, 2002. As at the Initial Closing Date, the Initial Seller Share was {pound-sterling}6,500,000,065 (pound)6,500,000,065 and the Initial Seller Share Percentage was equal to 100 per cent. minus the Initial Funding 1 Share Percentage, such percentage being 65 per cent.
Appears in 1 contract
Samples: Mortgages Trust Deed (Permanent Mortgages Trustee LTD)
INITIAL SELLER SHARE. The Initial Seller Share of the Trust Property was the total amount sum which remains of the Trust Property minus after deduction of the Initial Funding 1 Share as at 13th June, 2002Share. As at the Initial Closing Date25th July, 2000, the Initial Seller Share was {pound-sterling}6,500,000,065 (pound)64.75 and the Initial Seller Share Percentage was equal to 100 per cent. minus the Initial Funding 1 Share Percentage, such percentage being 65 that is to say, 64.75 per cent. The amount of the Initial Seller Share and the Initial Seller Share Percentage on the Initial Closing was determined immediately after the Initial Closing Date.
Appears in 1 contract
