Common use of Notification of Termination Event Clause in Contracts

Notification of Termination Event. Each of the Mortgages Trustee, Funding, the Cash Manager and the Account Banks undertakes and agrees to notify the Security Trustee of any event which would or could entitle the Security Trustee to serve a notice of termination pursuant to Clause 8.5 promptly upon becoming aware thereof.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Notification of Termination Event. Each of the Mortgages Trustee, Funding, the Cash Manager and the Account Banks Bank undertakes and agrees to notify the Security Trustee of any event which would or could entitle the Security Trustee to serve a notice of termination pursuant to Clause 8.5 8.4 (Termination by the Security Trustee) promptly upon becoming aware thereof.

Appears in 3 contracts

Samples: Agreement (Granite Mortgages 03-2 PLC), Agreement (Granite Mortgages 02-2 PLC), Agreement (Granite Mortgages 03-1 PLC)

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Notification of Termination Event. Each of the Mortgages Trustee, FundingLLP, the Cash Manager and the Account Banks undertakes undertake and agrees agree to notify the Security Trustee in accordance with Clause 11 promptly upon becoming aware thereof of any event which that would or could entitle the Security Trustee to serve a notice of termination pursuant to Clause 8.5 promptly upon becoming aware thereof7.3.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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