Stabilisation Profits and Losses. As between the Current Issuer and the Underwriters any loss resulting from stabilisation transactions entered into by the Underwriters, pursuant to Clause 2.1 shall be borne, and any profit arising therefrom shall be retained, by the Underwriters.
Appears in 7 contracts
Samples: Underwriting Agreement (Granite Mortgages 04-1 PLC), Agreement (Granite Mortgages 03-3 PLC), Agreement (Granite Mortgages 03-2 PLC)
Stabilisation Profits and Losses. As between the Current Issuer and the Underwriters any loss resulting from stabilisation transactions entered into by the UnderwritersUnderwriters or their affiliates, pursuant to Clause 2.1 shall be borne, and any profit arising therefrom shall be retained, by the Underwriters.
Appears in 5 contracts
Samples: Underwriting Agreement (Granite Mortgages 04-2 PLC), Underwriting Agreement (Granite Finance Trustees LTD), Underwriting Agreement (Granite Mortgages 04-3 PLC)
Stabilisation Profits and Losses. As between the Current Issuer and [the Underwriters Underwriters] any loss resulting from stabilisation transactions entered into by [the Underwriters], pursuant to Clause 2.1 shall be borne, and any profit arising therefrom shall be retained, by [the Underwriters].
Appears in 1 contract
Samples: Underwriting Agreement (Granite Mortgages 03-3 PLC)
