Common use of ROUNDING OF PERCENTAGE SHARES Clause in Contracts

ROUNDING OF PERCENTAGE SHARES. Except for the Initial Closing Date on which the Funding Share Percentage and the Seller Share Percentage shall be calculated to two decimal places, and unless otherwise agreed by the Beneficiaries, the Current Funding Share Percentage and the Current Seller Share Percentage shall be calculated to five decimal places.

Appears in 11 contracts

Samples: Granite Mortgages 03-1 PLC, Granite Mortgages 03-3 PLC, Granite Mortgages 03-3 PLC

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ROUNDING OF PERCENTAGE SHARES. Except for the Initial Closing Date on which (and unless otherwise agreed by the Beneficiaries), the Funding Share Percentage and the Seller Share Percentage shall be calculated to two decimal places, and unless otherwise agreed by the Beneficiaries, the Current Funding Share Percentage and the Current Seller Share Percentage shall be calculated to five decimal places.

Appears in 5 contracts

Samples: HOLMES FINANCING (No. 9) PLC, Holmes Funding LTD, Holmes Financing No 6 PLC

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ROUNDING OF PERCENTAGE SHARES. Except for the Initial Closing Date on which the Funding Share Percentage and the Seller Share Percentage shall be calculated to two decimal places, and unless otherwise agreed by the Beneficiaries, the Current Funding Share Percentage, the Current Funding 2 Share Percentage and the Current Seller Share Percentage shall be calculated to five decimal places.

Appears in 1 contract

Samples: Granite Finance Trustees LTD

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