Common use of No Activities Clause in Contracts

No Activities. Neither Funding xxx xxx Mortgages Trustee has engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company under the Companies Acts 1985 and 1989 and changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation and execution of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements or in the Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed and the issue of notes by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, Sixth Issuer, the Seventh Issuer, the Eighth Issuer and the Ninth Issuer; and (v) the registration of Funding under the Data Protection Act 1984 (the DPA). Neither Funding nor the Mortgages Trxxxxx xxs (other than as set out in the Prospectus or in the prospectuses relating to the notes issued by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer or the Eighth Issuer and other than as required by any applicable law) made up any accounts and neither has paid any dividends or made any distributions since its respective date of incorporation.

No Activities. Neither Funding xxx nxx xxx Mortgages Trustee has engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company under the Companies Acts 1985 and 1989 and changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation and execution of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements or in the Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed and the issue of notes by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, Sixth Issuer, the Seventh Issuer, the Eighth Issuer and the Ninth Eighth Issuer; and (v) the registration of Funding under the Data Protection Act 1984 (the DPA). Neither Funding nor the Mortgages Trxxxxx xxs Xxxxxxx has (other than as set out in the Prospectus or in the prospectuses relating to the notes issued by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer or the Eighth Seventh Issuer and other than as required by any applicable law) made up any accounts and neither has paid any dividends or made any distributions since its respective date of incorporation.

No Activities. Neither (I) Funding 2 has not engaged in any activities since its incorporation other than (i) those incidental to any registration or re-registration as a private limited company under the Companies Acts 1985 and 1989 and various changes to its directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorization, execution and in certain cases, amendment, of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements; and (iv) the filing of a notification by Funding 2 under the Data Protection Act 1998 (the "DPA") and the application for a standard license under the Consumer Credit Act 1974. Funding 2 has not (other than as set xxx xxx xx the Offering Circular relating to the Reg S Notes) prepared any accounts and has neither paid any dividends nor made any distributions since the date of its incorporation; (II) The Mortgages Trustee has engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company companies under the Companies Acts 1985 laws of Jersey and 1989 and (if any) various changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation authorization, execution and execution in certain cases, amendment, of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements or in the Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed and the issue establishment of notes by a branch in the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, Sixth Issuer, the Seventh Issuer, the Eighth Issuer and the Ninth IssuerUnited Kingdom; and (v) the registration filing of Funding a notification by the Mortgages Trustee under the Data Protection DPA and the application for a standard license under the Consumer Credit Act 1984 1974; and (the DPA). Neither Funding nor the Mortgages Trxxxxx xxs (other than as set out vi) any activities in the Prospectus or in the prospectuses relating connectiox xxxx xr incidental to the notes issued issue of Previous Notes by the First Previous Issuers and the issue of the Notes by the Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer or the Eighth Issuer and other than as required by any applicable law) made up . The Mortgages Trustee has not prepared any accounts and has neither has paid any dividends or nor made any distributions since its respective the date of its incorporation.;

No Activities. Neither (I) Funding 2 has not engaged in any activities since its incorporation other than (i) those incidental to any registration or re-registration as a private limited company under the Companies Acts 1985 and 1989 and various changes to its directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorization, execution and in certain cases, amendment, of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements; and (iv) the filing of a notification by Funding 2 under the Data Protection Act 1998 (the "DPA") and the application for a standard license under the Consumer Credit Act 1974. Funding 2 has not (other than xx xxx xxx out in the Offering Circular relating to the Reg S Notes) prepared any accounts and has neither paid any dividends nor made any distributions since the date of its incorporation; (II) The Mortgages Trustee has engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company companies under the Companies Acts 1985 laws of Jersey and 1989 and (if any) various changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation authorization, execution and execution in certain cases, amendment, of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements or in the Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed and the issue establishment of notes by a branch in the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, Sixth Issuer, the Seventh Issuer, the Eighth Issuer and the Ninth IssuerUnited Kingdom; and (v) the registration filing of Funding a notification by the Mortgages Trustee under the Data Protection DPA and the application for a standard license under the Consumer Credit Act 1984 1974; and (the DPA). Neither Funding nor the Mortgages Trxxxxx xxs (other than as set out vi) any activities in the Prospectus coxxxxxxxx with or in the prospectuses relating incidental to the notes issued issue of Previous Notes by the First Previous Issuers and the issue of the Notes by the Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer or the Eighth Issuer and other than as required by any applicable law) made up . The Mortgages Trustee has not prepared any accounts and has neither has paid any dividends or nor made any distributions since its respective the date of its incorporation.;

No Activities. Neither (I) Funding xxx xxx 2 has not engaged in any activities since its incorporation other than (i) those incidental to any registration or re-registration as a private limited company under the Companies Acts 1985 and 1989 and various changes to its directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorization, execution and in certain cases, amendment, of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements; and (iv) the filing of a notification by it under the Data Protection Act 1998 (the "DPA") and the application for a standard license under the Consumer Credit Act 1974. Funding 2 has not prepared any accounts and hax xxxxxxr paid any dividends nor made any distributions since the date of its incorporation; and (II) The Mortgages Trustee has not engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company under the Companies Acts 1985 laws of Jersey and 1989 and (if any) various changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation authorization, execution and execution in certain cases, amendment, of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements or in the Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed Deed; (v) the filing of a notification by the Mortgages Trustee under the DPA and the application for a standard license under the Consumer Credit Act 1974; and (vi) any activities in connection with or xxxxxxxxal to the issue of notes by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, Sixth Issuer, the Seventh Issuer, the Eighth Issuer Funding Issuers and the Ninth Issuer; and (v) issue of the registration of Funding under the Data Protection Act 1984 (the DPA). Neither Funding nor the Mortgages Trxxxxx xxs (other than as set out in the Prospectus or in the prospectuses relating to the notes issued Notes by the First Master Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer or the Eighth Issuer and other than as required by any applicable law) made up . The Mortgages Trustee has not prepared any accounts and has neither has paid any dividends or nor made any distributions since its respective the date of its incorporation.

No Activities. Neither Funding xxx xxx nor the Mortgages Trustee has engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company under the Companies Acts 1985 and 1989 and changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation and execution of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements or in the Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed and the issue of notes by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, Sixth Issuer, the Seventh Issuer, the Eighth Issuer and the Ninth Seventh Issuer; and (v) the registration of Funding under the Data Protection Act 1984 Axx 0000 (the "DPA"). Neither Funding nor the Mortgages Trxxxxx xxs Trustee has (other than as set out in the Prospectus or in the prospectuses relating to the notes issued by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer or the Eighth Sixth Issuer and other than as required by any applicable law) made up any accounts and neither has paid any dividends or made any distributions since its respective date of incorporation.;

No Activities. Neither (I) Funding xxx xxx 2 has not engaged in any activities since its incorporation other than (i) those incidental to any registration or re-registration as a private limited company under the Companies Acts 1985 and 1989 and various changes to its directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorization, execution and in certain cases, amendment, of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements; and (iv) the filing of a notification by it under the Data Protection Act 1998 (the "DPA") and the application for a standard license under the Consumer Credit Act 1974. Funding 2 has not prepared any accounts and hxx xxxxxer paid any dividends nor made any distributions since the date of its incorporation; and (II) The Mortgages Trustee has not engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company under the Companies Acts 1985 laws of Jersey and 1989 and (if any) various changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation authorization, execution and execution in certain cases, amendment, of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements or in the Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed Deed; (v) the filing of a notification by the Mortgages Trustee under the DPA and the application for a standard license under the Consumer Credit Act 1974; and (vi) any activities in connection with or xxxxxxxtal to the issue of notes by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, Sixth Issuer, the Seventh Issuer, the Eighth Issuer Funding Issuers and the Ninth Issuer; and (v) issue of the registration of Funding under the Data Protection Act 1984 (the DPA). Neither Funding nor the Mortgages Trxxxxx xxs (other than as set out in the Prospectus or in the prospectuses relating to the notes issued Notes by the First Master Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer or the Eighth Issuer and other than as required by any applicable law) made up . The Mortgages Trustee has not prepared any accounts and has neither has paid any dividends or nor made any distributions since its respective the date of its incorporation.

No Activities. Neither Funding xxx xxx nor the Mortgages Trustee has engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company under the Companies Acts 1985 and 1989 and changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation and execution of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements to which it is a party, or in the Disclosure Package and the Final Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed and the issue of notes by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer, the Eighth Issuer, the Ninth Issuer, the Tenth Issuer and the Ninth Master Issuer; and (v) the registration of Funding under the Data Protection Act 1984 Xxx 0000 (the DPA). Neither Funding nor the Mortgages Trxxxxx xxs Trustee has (other than as set out in the Disclosure Package and the Final Prospectus or in the prospectuses or, as applicable, offering circulars relating to the notes issued by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer, the Eighth Issuer, the Ninth Issuer, the Tenth Issuer or the Eighth Master Issuer and other than as required by any applicable law) made up any accounts and neither has paid any dividends or made any distributions since its respective date of incorporation.; Back to Contents

No Activities. Neither Funding xxx xxx nor the Mortgages Trustee has engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company under the Companies Acts 1985 and 1989 and changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation and execution of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements or in the Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed and the issue of notes by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, Sixth Issuer, the Seventh Issuer, the Eighth Issuer and the Ninth Issuer; and (v) the registration of Funding under the Data Protection Act 1984 Axx 0000 (the DPA). Neither Funding nor the Mortgages Trxxxxx xxs Trustee has (other than as set out in the Prospectus or in the prospectuses relating to the notes issued by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer or the Eighth Issuer and other than as required by any applicable law) made up any accounts and neither has paid any dividends or made any distributions since its respective date of incorporation.

No Activities. Neither Funding xxx nxx xxx Mortgages Trustee has engaged in any activities since its incorporation other than (i) those incidental to any registration as a private limited company under the Companies Acts 1985 and 1989 and changes to its name, directors, secretary, registered office, Memorandum and Articles of Association; (ii) the authorisation and execution of the Legal Agreements to which each is a party; (iii) the activities referred to or contemplated in the Legal Agreements to which it is a party, or in the Disclosure Package and the Final Prospectus; (iv) the activities undertaken in connection with the establishment of the Mortgages Trust pursuant to the Mortgages Trust Deed and the issue of notes by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer, the Eighth Issuer, the Ninth Issuer, the Tenth Issuer and the Ninth Master Issuer; and (v) the registration of Funding under the Data Protection Act 1984 1998 (the DPA). Neither Funding nor the Mortgages Trxxxxx xxs Mortgaxxx Xxxxtee has (other than as set out in the Disclosure Package and the Final Prospectus or in the prospectuses or, as applicable, offering circulars relating to the notes issued by the First Issuer, the Second Issuer, the Third Issuer, the Fourth Issuer, the Fifth Issuer, the Sixth Issuer, the Seventh Issuer, the Eighth Issuer, the Ninth Issuer, the Tenth Issuer or the Eighth Master Issuer and other than as required by any applicable law) made up any accounts and neither has paid any dividends or made any distributions since its respective date of incorporation.;