Common use of OTHER PROVISIONS REGARDING THE MORTGAGES TRUSTEE Clause in Contracts

OTHER PROVISIONS REGARDING THE MORTGAGES TRUSTEE. 21.1 NO ACTION TO IMPAIR TRUST PROPERTY Except for actions expressly authorised by this Deed, the Mortgages Trustee shall take no action reasonably likely to impair the interests of the Beneficiaries in any Trust Property now existing or hereafter created or to impair the value of any Loan or its Related Security subject to the Mortgages Trust.

Appears in 9 contracts

Samples: Permanent Financing (No. 5) PLC, Holmes Financing No 6 PLC, HOLMES FINANCING (No. 9) PLC

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OTHER PROVISIONS REGARDING THE MORTGAGES TRUSTEE. 21.1 NO ACTION TO IMPAIR TRUST PROPERTY 24.1 No action to impair Trust Property Except for actions expressly authorised by this Deed, the Mortgages Trustee shall take no action reasonably likely to impair the interests of the Beneficiaries in any Trust Property now existing or hereafter created or to impair the value of any Mortgage Loan or its Related Security subject to the Mortgages Trust.

Appears in 2 contracts

Samples: Granite Finance Trustees LTD, Granite Finance Trustees LTD

OTHER PROVISIONS REGARDING THE MORTGAGES TRUSTEE. 21.1 NO ACTION TO IMPAIR TRUST PROPERTY 24.1 No action to impair Trust Property: Except for actions expressly authorised by this Deed, the Mortgages Trustee shall take no action reasonably likely to impair the interests of the Beneficiaries in any Trust Property now existing or hereafter created or to impair the value of any Mortgage Loan or its Related Security subject to the Mortgages Trust.

Appears in 1 contract

Samples: Granite Mortgages 03-1 PLC

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OTHER PROVISIONS REGARDING THE MORTGAGES TRUSTEE. 21.1 NO ACTION TO IMPAIR TRUST PROPERTY No action to impair Trust Property Except for actions expressly authorised by this Deed, the Mortgages Trustee shall take no action reasonably likely to impair the interests of the Beneficiaries in any Trust Property now existing or hereafter created or to impair the value of any Loan or its Related Security subject to the Mortgages Trust.

Appears in 1 contract

Samples: Holmes Financing No 8 PLC

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