PRODUCT SWITCHING AND FURTHER ADVANCES. 8.1 (a) The Servicer shall not send an offer of a Further Advance or a Home Cash Reserve Advance without first having received confirmation in writing from the Seller save where the Seller and the Servicer are both Halifax that the Seller would, if so offered by the Mortgages Trustee, purchase the relevant Loan and its Related Security from the Mortgages Trustee.
Appears in 4 contracts
Samples: Servicing Agreement (Permanent Funding (No. 2) LTD), Servicing Agreement (Permanent Funding (No. 2) LTD), Servicing Agreement (Permanent Mortgages Trustee LTD)
PRODUCT SWITCHING AND FURTHER ADVANCES. 8.1 (a) The Servicer shall not send an offer of a Further Advance or a Home Cash Reserve Advance without first having received confirmation in writing from the Seller save where the Seller and the Servicer are both Halifax Bank of Scotland that the Seller would, if so offered by the Mortgages Trustee, purchase the relevant Loan and its Related Security from the Mortgages Trustee.
Appears in 2 contracts
Samples: Servicing Agreement, Servicing Agreement (Permanent Funding (No. 2) LTD)
PRODUCT SWITCHING AND FURTHER ADVANCES. 8.1 (a) The Servicer shall not send an offer of a Further Advance or a Home Cash Reserve Advance without first having received confirmation in writing from the Seller save where the Seller and the Servicer are both Halifax plc that the Seller would, if so offered by the Mortgages Trustee, purchase the relevant Loan and its Related Security from the Mortgages Trustee.
Appears in 1 contract
Samples: Servicing Agreement (Permanent Financing (No. 8) PLC)
PRODUCT SWITCHING AND FURTHER ADVANCES. 8.1 (a) The Servicer shall not send an offer of a Further Advance or a Home Cash Reserve Advance without first having received confirmation in writing from the Seller save where the Seller and the Servicer are both Halifax that the Seller would, if so offered by the Mortgages Trustee, purchase the relevant Loan and its Related Security from the Mortgages Trustee.
Appears in 1 contract
Samples: Servicing Agreement (Permanent Mortgages Trustee LTD)