Common use of Other Warranties Clause in Contracts

Other Warranties. On the date of this Agreement, the Closing Date, and each Sale Date, the Seller represents and warrants to each of the Mortgages Trustee, Funding 1 and the Security Trustee that: (a) the Seller has not acquired or owned or possessed any rights in any Issuer, the Mortgages Trustee or Funding 1 such that it would CONTROL such Issuer within the meaning of Section 416 ICTA 1988; and (b) there is not any CONNECTION (within the meaning of Section 87 Finance Act 1996) between any Issuer and any Borrower.

Appears in 7 contracts

Samples: Mortgage Sale Agreement (Permanent Financing (No. 8) PLC), Mortgage Sale Agreement (Permanent Mortgages Trustee LTD), Mortgage Sale Agreement (Permanent Financing (No. 6) PLC)

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Other Warranties. On the date of this Agreement, the Closing Date, and each Sale Date, the Seller represents and warrants to each of the Mortgages Trustee, Funding 1 and the Security Trustee that: (a) the Seller has not acquired or owned or possessed any rights in any Issuer, the Mortgages Trustee or Funding 1 such that it would CONTROL control such Issuer within the meaning of Section 416 ICTA 1988; and (b) there is not any CONNECTION connection (within the meaning of Section 87 Finance Act 1996) between any Issuer and any Borrower.

Appears in 4 contracts

Samples: Mortgage Sale Agreement (Permanent Mortgages Trustee LTD), Mortgage Sale Agreement (Permanent Mortgages Trustee LTD), Mortgage Sale Agreement (Permanent Mortgages Trustee LTD)

Other Warranties. On the date of this Agreement, the Closing Date, and each Sale Assignment Date, the Seller represents and warrants to each of the Mortgages Trustee, Funding 1 and the Security Trustee that: (a) the Seller has not acquired or owned or possessed any rights in any Issuer, the Mortgages Trustee or Funding 1 such that it would CONTROL such Issuer within the meaning of Section 416 ICTA 1988; and (b) there is not any CONNECTION (within the meaning of Section 87 Finance Act 1996) between any Issuer and any Borrower.

Appears in 1 contract

Samples: Mortgage Sale Agreement (Permanent Mortgages Trustee LTD)

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Other Warranties. On the date of this Agreement, the Closing Date, and each Sale Assignment Date, the Seller represents and warrants to each of the Mortgages Trustee, Funding 1 and the Security Trustee that: (a) the Seller has not acquired or owned or possessed any rights in any Issuer, the Mortgages Trustee or Funding 1 such that it would CONTROL "control" such Issuer within the meaning of Section 416 ICTA 1988; and (b) there is not any CONNECTION "connection" (within the meaning of Section 87 Finance Act 1996) between any Issuer and any Borrower.

Appears in 1 contract

Samples: Mortgage Sale Agreement (Permanent Mortgages Trustee LTD)

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