Common use of NEW INTERCOMPANY LOAN AGREEMENTS Clause in Contracts

NEW INTERCOMPANY LOAN AGREEMENTS. On each occasion that a Funding Beneficiary enters into an Intercompany Loan Agreement or is the recipient of a loan advance under an Intercompany Loan Agreement, then the Administrator, the Seller, each Funding Beneficiary, each Funding Security Trustee and the Mortgages Trustee shall execute such documents and take such action as may be necessary or required by the Rating Agencies for the purpose of including the relevant Issuer, any Swap Provider, any Funding Basis Rate Swap Provider, any Start-up Loan Provider and any other person who has executed an Accession Undertaking or any such Intercompany Loan Agreement in the Transaction Documents or to take account of the terms of that Intercompany Loan Agreement or loan advance, as applicable.

Appears in 3 contracts

Samples: Cash Management Agreement (Granite Finance Funding 2 LTD), Cash Management Agreement (Granite Finance Trustees LTD), Cash Management Agreement (Granite Finance Funding 2 LTD)

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NEW INTERCOMPANY LOAN AGREEMENTS. On each occasion that a Funding Beneficiary enters into an Intercompany Loan Agreement or is the recipient of a loan advance under an Intercompany Loan Agreement, then the AdministratorServicer, the Seller, each Funding Beneficiary, each Funding Security Trustee and the Mortgages Trustee shall execute such documents and take such action as may be necessary or required by the Rating Agencies for the purpose of including the relevant Issuer, any Swap Provider, any Funding Basis Rate Swap Provider, any Start-up Loan Provider and any other person who has executed an Accession Undertaking or any such Intercompany Loan Agreement in the Transaction Documents or to take account of the terms of that such Intercompany Loan Agreement or loan advance, as applicable.

Appears in 3 contracts

Samples: Administration Agreement (Granite Finance Trustees LTD), Administration Agreement (Granite Finance Funding 2 LTD), Administration Agreement (Granite Finance Trustees LTD)

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NEW INTERCOMPANY LOAN AGREEMENTS. On each occasion that a Funding Beneficiary enters into an Intercompany Loan Agreement or is the recipient of a loan advance under an Intercompany Loan Agreement, then the Administrator, the Seller, each Funding Beneficiary, each Funding Security Trustee and the Mortgages Trustee shall execute such documents and take such action as may be necessary or required by the Rating Agencies for the purpose of including the relevant Issuer, any Swap Provider, any Funding Basis Rate Swap Provider, any Start-up Loan Provider and any other person who has executed an Accession Undertaking or any such Intercompany Loan Agreement in the Transaction Documents or to take account of the terms of that Intercompany Loan Agreement or loan advance, as applicableDocuments.

Appears in 2 contracts

Samples: Administration Agreement (Granite Finance Trustees LTD), Cash Management Agreement (Granite Finance Trustees LTD)

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