Common use of Notification of Determinations Clause in Contracts

Notification of Determinations. (a) The Current Issuer Cash Manager will cause each determination of Current Issuer Available Principal Receipts and Current Issuer Available Revenue Receipts (in accordance with paragraph 1(a)(i) and (ii)) and any Current Issuer Income Deficit (in accordance with paragraph 1(a)(iii)) to be notified forthwith, following the calculation thereof, to the Current Issuer.

Appears in 15 contracts

Samples: Management Agreement (Granite Mortgages 04-1 PLC), Management Agreement (Granite Mortgages 04-1 PLC), Management Agreement (Granite Mortgages 03-2 PLC)

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Notification of Determinations. (a) The Current Issuer Cash Manager will cause each determination of Current Issuer Available Principal Receipts and Current Issuer Available Revenue Receipts (in accordance with paragraph 1(a)(i) and (ii)) and any Current Issuer Income Deficit (in accordance with paragraph 1(a)(iii)) to be notified forthwith, following the calculation thereof, to the Current Master Issuer.

Appears in 2 contracts

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

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Notification of Determinations. (a) The Current Issuer Cash Manager will cause each determination of Current Issuer Available Principal Receipts and Current Issuer Available Revenue Receipts (in accordance with paragraph 1(a)(i) and (ii)) and any Current Issuer Income Deficit (in accordance with paragraph 1(a)(iii1(a)(iv)) to be notified forthwith, following the calculation thereof, to the Current Master Issuer.

Appears in 1 contract

Samples: Management Agreement (Granite Finance Trustees LTD)

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