Common use of NO FURTHER APPOINTMENTS Clause in Contracts

NO FURTHER APPOINTMENTS. Notwithstanding the provisions of Clause 22.1 (Power to delegate), the Mortgages Trustee shall not appoint any agent, attorney or other delegate having power to act in respect of the Trust Property unless it is directed in writing to do so by the Beneficiaries. The appointment of any agent, attorney or other delegate hereunder above shall terminate immediately upon the occurrence of a Trigger Event.

Appears in 13 contracts

Samples: Mortgages Trust Deed (Granite Finance Trustees LTD), Mortgages Trust Deed (Granite Finance Trustees LTD), Mortgages Trust Deed (Granite Mortgages 02-2 PLC)

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NO FURTHER APPOINTMENTS. Notwithstanding the provisions of Clause 22.1 (Power to delegate)19.1, the Mortgages Trustee shall not appoint any agent, attorney or other delegate having power to act in respect of the Trust Property unless it is directed in writing to do so by the Beneficiaries. The appointment of any agent, attorney or other delegate hereunder above shall terminate immediately upon the occurrence of a Trigger Event.

Appears in 4 contracts

Samples: Mortgages Trust Deed (Holmes Funding LTD), Mortgages Trust Deed (Holmes Financing No 8 PLC), Mortgages Trust Deed (HOLMES FINANCING (No. 9) PLC)

NO FURTHER APPOINTMENTS. Notwithstanding the provisions of Clause 22.1 (Power to delegate)CLAUSE 19.1, the Mortgages Trustee shall not appoint any agent, attorney or other delegate having power to act in respect of the Trust Property unless it is directed in writing to do so by the Beneficiaries. The appointment of any agent, attorney or other delegate hereunder above shall terminate immediately upon the occurrence of a Trigger Event.

Appears in 3 contracts

Samples: Mortgages Trust Deed (Permanent Financing (No. 5) PLC), Mortgages Trust Deed (Permanent Financing (No. 6) PLC), Mortgages Trust Deed (Permanent Mortgages Trustee LTD)

NO FURTHER APPOINTMENTS. Notwithstanding the provisions of Clause 22.1 (Power to delegate)19.1, the Mortgages Trustee shall not appoint any agent, attorney or other delegate having power to act in respect of the Trust Property unless it is directed in writing to do so by the Beneficiaries. The appointment of any agent, attorney or other delegate hereunder above shall terminate immediately upon the occurrence of a Trigger Event.

Appears in 2 contracts

Samples: Mortgages Trust Deed (Permanent Mortgages Trustee LTD), Mortgages Trust Deed (Permanent Mortgages Trustee LTD)

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NO FURTHER APPOINTMENTS. Notwithstanding the provisions of Clause 22.1 (Power to delegate)CLAUSE 17.1, the Mortgages Trustee shall not appoint any agent, attorney or other delegate having power to act in respect of the Trust Property unless it is directed in writing to do so by the Beneficiaries. The appointment of any agent, attorney or other delegate hereunder above shall terminate immediately upon the occurrence of a Trigger Event.

Appears in 1 contract

Samples: Mortgages Trust Deed (Holmes Financing No 6 PLC)

NO FURTHER APPOINTMENTS. Notwithstanding the provisions of Clause 22.1 19.1 (Power to delegateDelegate), the Mortgages Trustee shall not appoint any agent, attorney or other delegate having power to act in respect of the Trust Property unless it is directed in writing to do so by the Beneficiaries. The appointment of any agent, attorney or other delegate hereunder above shall terminate immediately upon the occurrence of a Trigger Event.

Appears in 1 contract

Samples: Mortgages Trust Deed

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