MIG POLICIES. The Mortgages Trustee is not required to maintain any MIG Policy with the then-current insurer and may contract for mortgage indemnity guarantee protection from any insurer then providing MIG insurance policies, subject to prior agreement with the Rating Agencies and confirmation that the then-current ratings by the Rating Agencies (or any of them) of the Notes issued by any Issuer would not be adversely affected.
Appears in 9 contracts
Samples: Mortgages Trust Deed (Granite Mortgages 03-2 PLC), Mortgages Trust Deed (Granite Mortgages 04-1 PLC), Mortgages Trust Deed (Granite Finance Trustees LTD)
MIG POLICIES. The Mortgages Trustee is not required to maintain any MIG Policy with the the then-current insurer and may contract for mortgage indemnity guarantee protection from any insurer then providing MIG insurance policies, subject to prior agreement with the Rating Agencies and confirmation that the then-current ratings by the Rating Agencies (or any of them) of the Notes issued by any Issuer would not be adversely affected.
Appears in 4 contracts
Samples: Mortgages Trust Deed (Granite Mortgages 02-2 PLC), Mortgages Trust Deed (Granite Mortgages 03-1 PLC), Mortgages Trust Deed (Granite Mortgages 02-1 PLC)
